The latest news and events driving markets around the world, supplied by Marketwatch and Reuters.
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A U.S. judge ruled that Uber can force an unhappy Connecticut customer's price-fixing case against the ride-service company into arbitration, after the customer said the proposed class action belonged in court because he never agreed to arbitrate.
By Victor Reklaitis and Carla Mozee, MarketWatch. British Gas parent logs worst session on record; think tank warns on U.K. wages. British blue-chip stocks ended slightly in the red on Thursday, following a three-day move higher.
European stocks choppy; German political crisis in focus. A broad gauge of European stocks steadied at the end of trade Thursday, after spending the session struggling to find firm direction. But French blue-chip shares climbed after data showed the country led the strengthening in the eurozone economy this month.
A global puzzle is proving increasingly hard to solve: growth is good but inflation is weirdly low. How policy makers on opposite sides of the Atlantic view this conundrum is starting to drive a wedge in markets. The Federal Reserve's latest set of minutes Wednesday showed board members are increasing stumped over why inflation has consistently fallen short of target, even as employment and growth have been healthy.
Shenzhen and ChiNext benchmarks dive nearly 3%. More new regulations and investors' preference for larger-cap companies whacked Chinese stocks, while activity was muted elsewhere in Asia. Thursday is a holiday in Japan and the U.S.
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