Oil prices hit their lowest level in nearly two months on persistent concerns over weakening demand in China and speculative selling across large parts of the commodities complex.
Chinese leaders said they would take more aggressive steps to boost consumer spending and head off a worsening set of economic challenges.
Clariant reported a decline in second-quarter earnings on lower prices and trimmed its sales guidance.
Raiffeisen Bank posted better-than-expected second-quarter profits and said it is making progress on its exit from Russia.
Glencore said it expects to produce between 19 and 21 million tons of steelmaking coal this year despite overall output largely declining in the first half.
Spirits maker Diageo expects demand to remain soft after consumers in North and Latin America pulled back spending on alcohol in its last fiscal year, weighing on sales.
Diageo reported an 8% rise in operating profit despite a slight fall in net sales, but said it was confident sales growth would return “when the consumer environment improves.”
The FTSE 100 is expected to open around 0.3%, lower, according to IG, as oil prices fall and investors exercise caution ahead of policy decisions from the Fed and the BOE later in the week.
Spanish and German inflation data combined with subdued eurozone GDP growth should further support the eurozone government bond market’s constructive backdrop ahead of the Federal Reserve’s meeting on Wednesday, Commerzbank Research said.
BP’s second-quarter profit rose, beating market forecasts, despite significantly lower refining margins.
Gold prices are expected to find support from long-awaited interest-rate cuts in the U.S. and renewed appetite from Western investors for the remainder of the year, after central-bank buying and over-the-counter purchases propelled demand to record levels in the second quarter.
Annual U.K. shop-price inflation remained unchanged in July as food inflation continued to lose steam, , but there are signs of reversing.
Standard Chartered posted a drop in second-quarter net profit and announced a $1.5 billion share buyback.
A combination of the highest bond yields in a generation and a desire to cut risk elsewhere in their portfolios has investors pouring record amounts of money into both indexed and actively managed bond funds.
Major U.S. stock indexes ended mixed, with the S&P 500 and Nasdaq both advancing 0.1%, while the Dow industrials fell 0.1%.
Lenders are seizing distressed commercial properties at the highest rate in nearly a decade, a sign the sector’s punishing downturn is entering its next phase and approaching a bottom.
Shares of EV maker China Evergrande New Energy Vehicle fell sharply after creditors of two of the company’s units asked a court to begin bankruptcy proceedings.
A decade after Amazon.com paid nearly $1 billion to acquire live-video startup Twitch Interactive the retail giant has received little financial return from one of its bigger acquisitions.
Royal Philips’s earnings exceeded expectations and the company’s order intake turned positive for the first time in two years, lifting shares 14.6% in Amsterdam.
Shares in Heineken fell 10% after the Dutch brewer reported weaker-than-expected earnings and wrote down the value of a big investment in China.
The U.K. government dropped plans by its predecessor for a retail sale of its remaining stake in NatWest, the bank it rescued during the 2008-09 financial crisis.
Thousands of Venezuelans marched toward the presidential palace to protest strongman Nicolás Maduro’s claim that he had won the presidential election, as opposition leaders said they had overwhelming evidence of fraud and it was being shared with foreign governments and that it was being shared with foreign governments.
The gunman who tried to assassinate Trump began making dozens of gun-related purchases and acquiring bomb-making materials more than a year ago, FBI officials said,
Biden called for a constitutional amendment overturning the Supreme Court’s recent decision awarding former presidents immunity for crimes they commit while in office, and endorsed proposals for a mandatory ethics code and 18-year term limit for justices.
Iran is seeking to harm Trump’s presidential campaign in covert online influence operations, fearing a return to power by the Republican nominee would inflame relations with Washington, U.S. intelligence officials said.
