04 December – 08 December
The UK pound shed its gains in volatile action after hopes that the first phase of Brexit talks would reach a conclusion today were dashed during a press conference in Brussels.
The latest rise in Turkish inflation will seriously test the official aversion to big interest rate rises, with prices up by some 12.98 per cent on the year to November, according to the country’s stats office, up from a gain of 11.9 per cent in the previous month and a 14-year high.
Dialog Semiconductor has admitted that Apple, its biggest customer, could stop using its power management chips in the future, triggering the second major slide in shares in recent days.
Toys R Us will close at least a quarter of its UK stores starting early next year, the struggling children’s retailer said.
Oil producers were lower in Asia Pacific trading on Tuesday after the price of oil dipped by 2 per cent overnight.
Rising prices held back growth in Britain’s dominant service sector during November, a closely watched survey of purchasing managers working in the industry suggested on Tuesday.
Ikea, the world’s largest furniture retailer, will expand its newly acquired TaskRabbit odd-jobs service into Canada and is examining taking it to Europe and Asia in the future.
Shares in a major Japanese retail company lifted to a two-year high on Tuesday after the company reported sales at its Uniqlo stores continued to improve in November.
Bitcoin sailed pass $12,000 for the first time on Wednesday as appetite for the controversial cryptocurrency continued.
German factory orders climbed in October for the third month in a row, confounding expectations of a decline and highlighting the strength of the eurozone’s biggest economy.Factory orders increased 0.5 per cent in October from the previous month, according to the Federal Statistics Office (Destatis). September’s gain was also revised higher to 1.2 per cent from a previous reading of 1 per cent.
Car insurer Sabre has priced its initial public offering at the middle of its targeted range.
Korea Electric Power Corp has reached a provisional agreement to buy the Toshiba subsidiary that is planning to build a multibillion-dollar British nuclear power station.
A frenzied demand for bitcoin in South Korea has buyers in the east Asian nation now paying premiums of more than 20 per cent compared with international rates.
Chinese offshore investment has slumped by more than 40 per cent as Beijing’s efforts to curb capital outflows take effect.
One of the UK’s largest independent games developers Sheffield-based Sumo Digital is seeking to list on London’s junior Aim market before Christmas.
Bain Capital has completed its takeover of Asatsu-DK via a $1.2bn tender offer. The takeover sees the US private equity group take an 87.05 per cent stake in Japan’s third-largest advertising agency ahead of its planned privatisation of the firm.
Asian markets were firm on Friday, building from a strong lead from the US tech sector and recovering from a sell-off earlier in the week.
Home loans in Australia edged lower for the second straight month in October. Home loans dropped 0.6 per cent month-on-month in in October, according to the Australian Bureau of Statistics, although that was up from a revised 2.5 per cent fall in September and beating a Reuters forecast of a 2.5 per cent decline.
BuzzFeed has proposed cutting nearly a third of its UK staff as part of a sweeping reorganisation at the digital publisher.
Japan Display shot to a one-month high on Friday following a report that Apple may use liquid crystal displays for one of its smartphones set for release next year and Jefferies analysts repeated a call for Sharp to combine forces with the company over more advanced screen technology.