Bunq's U.S. banking licence application rejected by regulators
Dutch neobank Bunq said U.S. regulators rejected its application for a banking licence, a setback to its plan to expand into the American market.
US macro, policy and market structure.
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Dutch neobank Bunq said U.S. regulators rejected its application for a banking licence, a setback to its plan to expand into the American market.
Sterling firmed against a weaker dollar following a soft U.S. employment report, while the Sentix survey showed euro zone investor sentiment moving into positive territory in August.
The retail trading platform reported growth in underlying earnings, helped by traction in its American operations, and its shares rallied.
Apple is evaluating DRAM from ChangXin Memory Technologies as the AI buildout tightens global memory supply, according to a Wall Street Journal report.
The FTSE 100 and continental indices slipped as traders weighed reported Iranian pressure on shipping through the Strait of Hormuz against a weakening U.S. labour market picture.
Crude prices rose on continued disruption at the Strait of Hormuz and Houthi attacks on shipping, while U.S. equity futures held near flat as hopes for a quick reopening faded.
Imricor reported negligible first-half revenue but said it had secured additional FDA clearances as it starts selling its MRI-guided cardiac ablation products in the United States.
Treasury Wine Estates announced a $395 million charge linked to a restructuring of its United States supply chain.
President Donald Trump has appointed Will Scharf as White House counsel, according to reports.
Fresh Iranian demands cast doubt on a near-term reopening of the Strait of Hormuz, lifting crude prices while U.S. equity futures held steady ahead of key inflation data. Tehran also replaced the head of its Supreme National Security Council mid-negotiation.
Upcoming U.S. inflation figures and earnings from Cisco, Super Micro Computer, Rocket Lab and Tapestry are among the events on investors' calendars this week.
Lake Mead, the largest U.S. reservoir by storage capacity, has dropped to its lowest recorded level as a prolonged drought continues across the American West.
Seattle's mayor is advancing a proposal that would bar grocery retailers from setting prices using individual consumer data, a measure described as the first of its kind in the United States.
A Reuters/Ipsos survey found 60% of Americans support stronger government regulation of social media companies.
Tehran said an agreement mediated by Oman is close to completion but placed the onus on Washington to act to reopen the Strait of Hormuz, as markets weigh the consequences of a reopening.
Apple is evaluating DRAM from China's ChangXin Memory Technologies for use in iPhones and MacBooks as AI demand tightens global memory supply, according to a Wall Street Journal report.