Terror attacks are reported around the world today un Berlin, Turkey and Zurich. In Berlin a truck ploughed into crowds at a busy Christmas market claiming the lives of 12 and injuring almost 50 are injured after what police are calling an intentional attack. In Turkey a Russian ambassador was murdered in Ankara. Andrey Karlov, the Russian ambassador, was shot and killed in a gun attack in Ankara, apparently in protest at Russia’s involvement in Aleppo. Russian president Vladimir Putin also said that the incident was a terrorist plot aimed at destroying the two countries’ attempts to reach a solution for Syria. In Zurich a gunman opened fire on people praying inside a mosque, wounding three men.
European markets opened higher on Tuesday after Federal Reserve Chair Janet Yellen gave an upbeat view of the U.S. jobs market and the Bank of Japan kept its policy settings steady, in a widely expected move. Trading activity is likely to remain thin however as the Christmas holidays are approaching. In today’s European markets, Germany’s DAX was last seen trading 0.1 percent higher, U.K.’s FTSE 100 dipped 0.2 percent to last trade at 7001.70, France’s CAC 40 added 0.4 percent at 4842.30 while the Euro Stoxx 50 advanced 0.3 percent for the day to last trade at 3267.50 as of 9:00 GMT.
Transportation conglomerate Uber has reported more than $800M in losses for the third quarter, before interest, taxes and stock-based compensation. However, it should be noted that on the bright side, Uber’s revenue is skyrocketing, and its rate of losses have slowed when compared with the previous quarter the prior period. Specifically, net revenue grew to around $1.7B versus $1.1B in the second quarter. It is also important to note that Uber has officially departed from China after being sidetracked by a rival app.