10 December – 14 December
Norwegian inflation jumped in November even as oil prices have started to fall, hitting its highest level in almost two years. Rising energy prices have pushed up inflation in the oil-focused economy of Norway, with price growth accelerating from just 1.1 per cent in November 2017 to 3.4 per cent in August and September.
Japan’s economy shrank much more than initially reported in the third quarter according to a revised estimate from the country’s Cabinet Office.
Vodafone plans to install 4G and 5G equipment to the underside of thousands of manhole covers across Britain to boost connection speeds in the busiest urban areas and meet the public’s insatiable demand for mobile data.
European stock-index futures dropped on Monday after a volatile week in which both the FTSE 100 and the Germany’s Dax fell to two year lows with uncertainty over Brexit and a deterioration of relations between the US and China weighing on investor sentiment.
US stock-index futures were higher on Tuesday amid hopes of progress in the US-China trade war. Investors have fretted that the arrest in Canada last week of a high-ranking executive at Chinese telecoms group Huawei over allegations of US sanctions busting could jeopardise the fragile trade truce between Washington and Beijing that had been nurtured earlier this month.
Mercedes-Benz owner Daimler said it will spend €20bn on battery cells over the next decade, to meet its ambitious target to electrify its entire product line.
Mobike, the Chinese dockless bike-sharing company, is preparing to spin off its European arm, which it is valuing at $100m. Mobike is owned by Chinese ecommerce company Meituan Dianping, which is backed by Chinese tech group Tencent and made its debut on the Hong Kong stock exchange in September.
European equities bourses sold off sharply in one of the worst trading sessions of the year after Theresa May said she had delayed a vote to approve the EU withdrawal treaty indefinitely.
A new spell of tepid inflation in the US is giving the Federal Reserve space to slow down its interest rate-raising programme as it gauges new global risks on the horizon.
Prices of luxury goods and services have risen more than twice as fast as those of ordinary items over the past year, new research has found.
An Israeli start-up has raised money from Chinese technology and e-commerce group Alibaba as it expands its software aimed at improving public transport networks.
Wall Street turned lower on Tuesday, erasing earlier gains as President Donald Trump’s threat to allow a government shutdown damped optimism over US-China trade relations.
China’s food importers have bought cargoes of US soyabeans for the first time in months, a move that will soothe an important constituency for President Donald Trump during the two countries’ 90-day truce on trade.
Brazil’s central bank kept interest rates unchanged on Wednesday for the eighth month in a row as tame inflation readings give policymakers breathing room to take a wait-and-see stance.
Under Armour shares tumbled on Wednesday after the athletic wear company issued an underwhelming longer term forecast at its investor day.
Asia-Pacific equities were broadly higher after a positive session on Wall Street saw the S&P 500 end the day up 0.5 per cent, although it had gained as much as 2 per cent following positive comments from US President Donald Trump on the prospects of a US-China trade deal.
Saudi Arabia on Friday deposited $1bn into Pakistan’s depleting foreign reserves, in the latest boost to help the country avert a balance of payments crisis.
Japan Display shares jumped on Friday after reports the embattled Apple supplier was in talks with a group of Chinese companies over a potential alliance.
BNP’s Polish arm will cut its staff by up to 2200 over the next two years, in an effort to cut costs following its purchase of Raiffeisen Bank International’s Polish business.
Asia-Pacific equities lost momentum on Friday while data from China showed retail sales grew at the slowest pace in more than 15 years.