Airline stocks suffered a broad sell-off on Thursday as weaker than expected earnings guidance from Delta Air Lines further rattled already shaky sentiment towards the sector.

Appetite for bonds has bounced back, with investors snapping up today’s $16bn sale of 30-year Treasuries despite the lowest interest rate on the bonds since September.

RPS Group, the global environmental consultancy, has held talks with buyout firm Charterhouse Capital Partners about a potential takeover offer.

Mariia Butina, the Russian agent arrested in Washington this summer, admitted to attempting to “establish unofficial lines of communications” with US political figures in federal court on Thursday morning.

General Electric shares rose sharply on Thursday after a Wall Street analyst who had predicted their downfall gave the beleaguered stock an upgrade.

The global rulemaker for banks is trying to crack down on lenders’ practice of gaming of regulations by flattering their accounts just before quarterly reporting periods.

Early gains for Wall Street were evaporating in morning trade, with the Dow Jones Industrial Average and Nasdaq Composite sliding into negative territory.

US agritech start-up Indigo Ag has increased its offering for farmers by acquiring a satellite and artificial intelligence group, enhancing data-based decision-making for their clients, who include growers and agricultural buyers.

The age-old trading maxim “buy the dip” appears to be losing its hold over investors’ collective psyche.

Morgan Stanley is to close its equities and FX trading desks in Moscow as a stagnant Russian economy and sanctions continue to chip away at western investment banks’ business there, two people familiar with the plans told the Financial Times.

Renault’s board opted to keep CEO and chairman Carlos Ghosn in post after saying its own internal investigation failed to find any issues with his pay at the French carmaker, weeks after his arrest in Japan due to allegations of financial misconduct.

France’s Emmanuel Macron has warned that EU talks with Theresa May today in Brussels cannot go beyond a “political discussion”, as he stressed that Britain’s Brexit deal cannot be reopened.

EU27 leaders are ready to play with legal solutions to help Theresa May win over her critical MPs over never using a backstop solution for Ireland, but have warned they will not begin to renegotiate a 565-page Brexit treaty.

The euro wilted across the board and hit the day’s lows against its major peers, losing 0.25 per cent of its value against the dollar during ECB President Mario Draghi’s press conference after he said that the balance of risks is shifting to the downside.

President Donald Trump said on Thursday that he “never directed Michael Cohen to break the law,” seeking to distance himself further from his former lawyer and one-time fixer, who was handed a three-year prison sentence yesterday.

Mario Draghi, the ECB president, has acknowledged that slower growth lies ahead for the eurozone, reflecting persistently weak data for the region in recent months.

US stock futures pointed to a muted start to trading on Wall Street on Thursday as investors digest the latest developments in US-China trade relations.

General Electric has begun the process of carving out its software business, marking another step back from the strategy set by Jeff Immelt, chief executive until last year.

BlackRock, one of the most influential mining investors, has cut its stake in London-listed lithium miner Bacanora Minerals, following its struggle to secure financing this year.

UK Prime Minister Theresa May’s victory in a leadership contest kept sterling above its recent lows on Thursday, but analysts warned the outlook for the currency remained fragile amid the Brexit tumult.

Theresa May’s former Brexit Secretary has said it is “very difficult to see” how she can remain as prime minister after surviving an attempted coup by Eurosceptic Conservative MP.

Turkey’s central bank left its benchmark interest rate on hold, in line with expectations, as it tries to bring down inflation stuck above 20 per cent after a currency crisis devalued the lira and sharply slowed economic growth.

The UK Supreme Court has ruled that parts of a law passed by the Scottish parliament to establish control over areas such as fishing and farming exceed its powers.

GAM suspended its 2018 dividend, forecast a full-year loss of SFr925m ($933m) and revealed that a fresh wave of investor redemptions had taken assets under management to just SFr60.8bn, sending shares in the embattled Swiss fund manager tumbling 30 per cent.