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Tag: 10 Things Before European Markets Open
The Chinese yuan hits a one-year low, oil spikes on US supply news, Sports Direct reports a 12% rise in full-year earnings, eBay disappoints despite an 8% rise in Q2 profits, and more.
The Fed's Powell buoys the dollar with bullish comments, gold takes a hit from the strong dollar but Asian stocks boosted, bitcoin soars above $7,000 after price surge, Google gets ready for possible blockbuster EU anti-trust fine, and more.
Netflix tumbles after subscriber numbers disappoint, UK earnings and unemployment data for May is coming this morning, a run-down of the likely future power players at Goldman under the incoming new CEO, and more.
The Sino-US trade war officially begins, Steve Cohen blocked from setting up a new UK hedge fund, Rolls-Royce joins the ranks of businesses calling for Brexit clarity, and more.
Jaguar Land Rover warns that Brexit could cost it £1.2 billion a year and endanger its future in the UK, China says the US is "opening fire on the entire world" with tariffs, Embraer and Boeing near combination deal, and more.
Malaysia's former prime minister arrested as part of 1MDB probe, China puts pressure on the EU to take a united stand against Trump's tariffs, Google loses its cloud business COO after less than a year, and more.
The US probe into Cambridge Analytica widens to include Facebook, Interpublic is buying Acxiom's Marketing Solutions business for $2.3 billion, PwC ordered to pay $625.3 million in damages by US judge, and more.
Asian shares tumble after leaked bill suggests the US could pull out of the World Trade Organization, billionaire activist investor Daniel Loeb calls for a break-up of Nestle, China plots a $15 billion tech fund to rival SoftBank's Vision Fund, and more.
Stock markets react to an icy G7 meeting, bitcoin falls to a 2-month low after exchange hack, KKR preps a $5.5 billion bid for a US physician services provider, Rolls-Royce prepares for 4,000 job cuts, and more.
Trump plots EU steel tariffs, the Fed announces plans to relax post-financial crisis banking laws, global stocks recover from the Italy scare, Uber holds collaboration talks with Waymo, and more.