Record-low interest rates in the eurozone are becoming a “quasi-permanent situation,” according to the head of the Dutch central bank, who expressed his concern about the side-effects in higher house prices and falling pensions.

Asia-Pacific and European equities slipped while oil prices rose as investors eyed the latest developments in trade negotiations between the US and China. 

Deutsche Bank has agreed to transfer key staff, clients and technology in its prime brokerage and electronic equities businesses to BNP Paribas, as part of the German lender’s wider overhaul of its investment banking unit.

Sports Direct has approached Goals Soccer Centres with a possible offer to buy out the ailing football pitch operator at a heavily discounted price tag of under £4m ahead of its expected delisting next week.

Palantir Technologies, the data company founded by Peter Thiel, is in discussions to raise money from private investors that would value the company at $26bn, three people familiar with the talks said.

A Supreme Court ruling in the UK, a deluge of Federal Reserve speakers, the 74th UN General Assembly and climate change discussions in New York make for a busy week. Here’s what to watch in the coming days.

US stocks pulled back after Chinese officials cancelled a visit to American farms, reigniting concerns over trade.

A group of 23 states including California have filed a lawsuit after the Trump administration moved to pull a waiver granting the state the ability to set its own car emissions rules.

Shares in First Quantum Minerals, developer of a giant copper mine in Panama, jumped by more than 11 per cent on Friday on rumours it could be a takeover target.

The London Bullion Market Association has removed Michael Nowak, JPMorgan’s head of precious metals trading, from its board after he was indicted by the US Department of Justice for a “massive, multiyear scheme” to manipulate the precious metals markets.

New York City mayor Bill de Blasio has dropped out of the 2020 presidential race, ending a long-shot attempt to snare the Democratic nomination that failed to gain national traction and drew fierce criticism from the city he runs.

Swiss gold exports to the UK reached their highest levels in seven years last month, driven by strong investor demand for gold-backed exchange traded funds and a slowdown in demand for the metal in India and China.

Sanjeev Gupta’s first high-yield corporate bond has priced with an unusually steep double-digit coupon, after the UK metals magnate was forced to inject $150m of his own money as a concession to win over investors.

Shares in Trainline fell 6 per cent on Friday after investors including its biggest shareholder, private equity group KKR, cashed in on what was one of Europe’s most successful initial public offerings this year.

A rogue trader at Mitsubishi in Singapore has lost $320m through failed bets on the oil price in a case reminiscent of the scandal that brought down Barings Bank.

The pound rallied overnight after upbeat comments from European Commission president Jean-Claude Juncker in which he indicated a Brexit deal remained within reach.

Rolls-Royce has warned of further disruption for airlines using its Trent 1000 engines, saying that aircraft will be grounded for longer than it had planned.

Investec has warned on its first-half profits due to “challenging market conditions”, Brexit uncertainty and costs related to its restructuring.

Alison Rose will become the first woman to lead one of the UK’s top banks in November, after being confirmed as the successor to the Royal Bank of Scotland chief executive Ross McEwan.

China’s central bank narrowly cut a key benchmark lending rate in another tentative sign of monetary easing as the world’s second-biggest economy grapples with a slowdown partly induced by a trade war with the US.

Heavy rainfall has paralysed much of Houston, Texas, with flooding that recalled the devastation of Hurricane Harvey two years ago. 

Australia’s banking regulator has failed in a legal challenge against IOOF Holdings, one of the country’s biggest wealth managers, and several of its directors, which it had accused of failing to act in the best interests of pension fund members. 

Japanese consumer price growth slipped to a two-year low in August, data showed on Friday, in a development that could complicate matters for the country’s central bank, which held off on unveiling any major new easing measures this week. 

US equities ended flat, with an afternoon slide leaving them worse off than their European and Asian counterparts as markets digested increasingly dovish signals from multiple rate-setting decisions by central banks across the globe.