Investors largely expected the FOMC to cut rates by a quarter point.The Fedread more
The lack of clarity surrounding the U.S.-China trade war is what's really hitting global growth, says ex- Deputy Treasury Secretary Sarah Bloom Raskin.World Economyread more
China's economy has long relied on factors such high levels of investments and an expanding labor force for growth. Those growth drivers are running out of steam.China Economyread more
India could benefit from the fallout in the U.S.-China trade war, experts told CNBC — but much-needed reforms on land and labor could prove to be a challenge for companies...Asia Economyread more
New crash tests show the Tesla Model 3 and the Audi e-tron, are among the safest models out on the road. The results bolster the theory electric vehicles may be better...Autosread more
U.S. consumers and growth in sectors such as technology have offset declines in other American industries, says Tom Finke, chairman and CEO of investment management firm...US Economyread more
The FAA administrator's comments come on the eve of his visit to Boeing facilities outside Seattle. While there, he's scheduled to meet with Boeing executives and be briefed...Airlinesread more
Last weekend's attacks on oil facilities — and the spike in crude prices that followed — should show that the world needs to stop relying on oil, says Helen Clark.Energyread more
The photo depicts Canadian leader Justin Trudeau wearing a turban and robe, with dark makeup on his hands, face and neck. Liberal Party spokesman confirms the photo is of...Electionsread more
As the Fed was meeting to consider cutting interest rates, it lost control of the very benchmark rate that it manages.Market Insiderread more
CBS, CNN and other major media companies are starting to pull e-cigarette advertising off their airways, as the death toll from a mysterious vaping-related illness continues...Health and Scienceread more
(For a live blog on European stocks, type LIVE/ in an Eikon news window)
* FTSE 100 flat, FTSE 250 down 0.1%
* Ex-dividend trading offsets gains in industrials
* CYBG tanks on mid-caps
Sept 5 (Reuters) - London's FTSE 100 was roughly flat on Thursday, as gains in large industrial stocks after upbeat forecasts from European peers and encouraging news on U.S.-China trade talks offset a drop in several stocks trading ex-dividend.
A drop in stocks trading without dividend entitlement such as BHP and Glencore counteracted a results-driven 5.2% jump in turnaround specialist Melrose , and left the FTSE 100 struggling for clear direction in early dealings.
Industrial giants such as BAE Systems and Rolls-Royce advanced after French engine maker Safran raised its annual profit forecast and Rafale warplanes maker Dassault Aviation affirmed its view of higher net sales in 2019.
The FTSE 250 slipped 0.1% lower by 07159 GMT, partly due to a more than 20% slump in CYBG after the Yorkshire Bank and Virgin Money owner said it expected to increase its provision for legacy payment protection insurance costs. (Reporting by Shashwat Awasthi in Bengaluru; Editing by Bernard Orr)