Unilever profit warning

After the Anglo-Dutch multinational Unilever gave a profit warning, shares dropped 4.44% to 2,335p in the London Stock Exchange. Unilever said the slowdown in emerging markets, especially in India, Brazil and Indonesia, was partly to blame…

U.S. government starts shutdown

The U.S. government starts shutdown after the House of Representatives refused to approve a budget for the coming year. Despite a last-minute appeal by President Barack Obama, the midnight deadline passed amid a seemingly never-ending…

Euro zone inflation lowest in 3.5 years

September inflation dropped in the Euro zone to 1.1% annualized, from 1.3% in August, according to a flash estimate by Eurostat, the European Union’s statistics office. Markets had expected September’s Euro zone inflation to be 1.2%. A poll…