Australian shares down but markets pull back from the brink – business live | Business

“The bank needs to be able to generate capital so we can fulfil our social obligations, but we need to get that balance right and we clearly failed at that in the past, and we are moving away from that. As I said, revenue, and the generic terms for ‘sales’ hasn’t been part of the …

Markets nervous amid new US-China tariffs and Trump’s troubles – business live | Business

The survey data indicate that the eurozone economy looks to have continued to grow at a steady rate in August, raising hopes that the third quarter could see GDP growth match the 0.4% expansion seen in the second quarter. In fact, the survey evidence suggests that the official data so far this year could yet …

Greece exits bailout programme after eight years, but Turkish fears remain – business live | Business

4.25am EDT04:25 As Greece exits its bailout, new government figures show a drop in the country’s current account surplus compared to a year ago, but a rise in tourist revenues. Reuters reports: Greece’s current account balance showed a smaller surplus in June compared to the same month a year earlier on the back of a …

Trump doubles Turkish tariffs as lira plunges to record lows – business live

All the day’s economic and financial news, including new growth figures for the UK and the financial crisis in Turkey Latest: Trump hits Turkey with higher tariffs Lira has plunged almost 20% today Erdogan urges public to buy lira US and Turkey clash over jailed pastor Earlier: UK growth rises to 0.4%, but manufacturing’s in …

UK manufacturing growth slows in July, Apple value heads towards $1tn – business live | Business

Good morning, and welcome to our rolling coverage of the world economy, the financial markets, the eurozone and business. Will Apple become the first company in history to be valued at $1tn? The company reported better than expected results after the market closed on Tuesday, helped by strong sales of the higher-cost iPhone X profits …

Markets await latest eurozone growth figures, Dixons data breach – business live | Business

Apple shares managed to outperform [on Monday], only declining 0.5%, but only because investors are looking ahead to tonight’s Q3 earnings announcement, but even here there may be cause for concern. Lower average selling prices at its Q2 update suggested that buyers were opting for cheaper models, perhaps indicating that iPhone X sales may have …

Markets cautious after tech sell-off and ahead of central bank meetings – business live | Business

The markets got off to a negative start on what is going to be a crazy busy week, with investors caught between last Friday’s US tech-sell-off and the Fed and Bank of England meetings on Wednesday and Thursday respectively. The FTSE – which is not only facing the much-awaited BoE decision, but the latest PMIs …