International News
US industrial production falls sharply in September led by drop in auto output
US industrial production dropped unexpectedly last month, registering across-the-board declines by sectors.
US pre-open: Futures in the red as bond yields rise, Chinese GDP disappoints
Wall Street futures were in the red ahead of the bell on Monday as bond yields headed north and Chinese GDP numbers disappointed.
Valneva vaccine 'outperforms' AstraZeneca shot in trial
A Covid-19 vaccine being developed by Valneva performed better than AstraZeneca’s jab in trials, the French biotech announced on Monday, sending its shares soaring.
Bitcoin nearing all-time highs, boosted by US ETFs
Bitcoin continued to extend its gains this weekend, after hitting six-month highs around $61,000 on Friday. The most traded of digital currencies is changing hands above $62,000 on Monday, boosted by investor optimism around the imminent approval of the Bitcoin exchange-traded fund based on futures contracts that, according to 'Bloomberg', the US Securities and Exchange Commission (SEC) will be approved "imminently", even as soon as this week.
China growth slows in Q3 amid supply chain issues, power shortages
China’s economic growth slowed sharply in the third quarter amid power shortages and supply chain issues, according to figures released on Monday by the National Bureau of Statistics.
Fire breaks out at Kuwait refinery; Supply not hit - KNPC
A fire has broken out on at the Mina al-Ahmadi oil refinery in Kuwait but operations and exports have not been affected, the Kuwait National Petroleum Company (KNPC) said on Monday.
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