Google has suspended business activity involving the transfer of hardware, software and key technical services with Huawei. Analysts say that could be a big blow to the...Technologyread more
Huawei Technologies will immediately lose access to updates to the Android operating system, a source close the matter told Reuters.Technologyread more
Huawei claims it has developed its own operating system for smartphones and laptops for "extenuating circumstances."Technologyread more
Current geopolitical tensions are making it harder and harder for oil-producing nations to make decisions that will help stabilize crude prices, Russian Energy Minister...Oilread more
Oil prices jumped on Monday after Saudi Energy Minister Khalid al-Falih indicated there was a consensus among OPEC and allied oil producers to continue limiting supply.Energyread more
Bank, property and healthcare stocks jumped, pushing Australian markets to a 11-year high, as Scott Morrison and the Liberal-led conservation government are poised for a...World Marketsread more
Trump's threat, posted on Twitter, comes amid rising international tensions in the Middle East as the U.S. has dispatched a carrier strike group and bomber task force to the...Politicsread more
Trade tensions between the U.S. and China stalled a global recovery and are continuing to endanger investment and growth, the secretary general of the OECD warned Monday.World Economyread more
Prime Minister Narendra Modi and his Bharatiya Janata Party are set to form the new government again, exit polls from India's month-long parliamentary elections show. But past...Electionsread more
The latest crisis in the uneasy French-German relationship was accelerated by Trump's decision to stop Germany's comfortable and decades-old free-riding on trade and security...Europe Politicsread more
While some fans of the long-running "Game of Thrones" felt satisfied by the show's final bow, others were quick to express their displeasure with how events unfolded.Entertainmentread more
European stocks closed provisionally lower Thursday, as investors reacted to a flurry of corporate earnings and monitored losses from Wall Street.
The pan-European Stoxx 600 closed provisionally down half a percent, with almost most sectors and major bourses in negative territory.
Telecommunications stocks were among the worst performers, dragged down by Danish telecoms operator TDC. Shares of TDC slumped toward the bottom of the pan-European benchmark on Thursday after reports it had reached a deal to buy Swedish Modern Times Group's broadcasting and entertainment's business. The firm's stock fell 8 percent.
Vodafone reported its latest figures Thursday. The world's second-largest mobile operator reported a 1.1 percent rise in organice revenue for its third quarter, citing intense competition in Spain and Italy. Its shares were down more than 4 percent.
Looking at individual stocks, oil giant Royal Dutch Shell reported that profits more than doubled in the fourth quarter of 2017 on Thursday, supported by a recent rally in oil and gas prices. Its shares were trading more than 2 percent lower, however.
Spain's second-largest bank, BBVA, reported a 90 percent fall in fourth-quarter net profit when compared to the same period a year earlier. The lender cited a 1.1 billion euro ($1.4 billion) writedown on its Telefonica stake. Shares of BBVA were down more than 1 percent.
On the data front, factories across the euro zone grew strongly in January, according to Markit's latest healthcheck on the sector. The IHS manufacturing PMI came in at 59.6, slightly lower than from December's record high of 60.6. The data means that euro zone's factories have been expanding for 55 consecutive months.
Stateside, equities were lower, giving back some of the strong gains made during the previous month. The Federal Reserve flagged interest rate policy tightening later this year and upgraded its inflation outlook on Wednesday. The U.S. central bank also kept interest rates on hold at its first policy meeting of the year on Wednesday. U.S. traders are also anticipating data nonfarm payrolls due Thursday for an indication of the health of the country's economy.