News

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Wed, 26 Jul 2017 16:57:57 GMT

UBS Consumption Indicator at 1.38 in June

The UBS Consumption Index came in at 1.38 points for the month of June, suggesting that the quarter-end was marked by rather subdued growth in Swiss private consumption.

Wed, 26 Jul 2017 16:57:37 GMT

US crude oil inventories fall 7.2M barrels last week

The latest report published by the US Energy Information Administration revealed that crude oil inventories dropped 7.2M barrels in the week ended July 21.

Wed, 26 Jul 2017 16:21:16 GMT

New US residential sales miss expectations

According to the government data released on Wednesday, new home sales in the United States increased 0.8% in June, falling short of analysts' expectations.

Wed, 26 Jul 2017 16:20:54 GMT

UK services output up 0.4% in three months to May

Data released by the Office for National Statistics revealed that British services output jumped 0.4% in three months to May compared with the previous three-month period.

Wed, 26 Jul 2017 15:23:27 GMT

BBA mortgage approvals flat in June

The number of new mortgages approved for home purchase by British Bankers' Association-represented banks fell slightly to 40.2K over the month of June.

Wed, 26 Jul 2017 15:22:42 GMT

UK preliminary Q2 GDP rises 0.3%

According to the data released by the Office for National Statistics on Wednesday, the preliminary estimate for the UK's GDP came in at 0.3% in the second quarter of 2017.

Wed, 26 Jul 2017 14:27:18 GMT

26 Afghani soldiers dead as Taliban attack army base

26 Afghani soldiers were reported to be dead, while 13 others were wounded as Taliban fighters attacked the army base in the Kandahar province on Wednesday.

Wed, 26 Jul 2017 14:16:30 GMT

Britain to ban diesel and petrol cars sale by 2040

Britain is willing to ban all new petrol and diesel cars and vans by 2040 two weeks after France's same decision amid fears that rising levels of nitrogen oxide pose a major risk to public health.

Wed, 26 Jul 2017 13:33:46 GMT

Trump not to allow transgender people to serve in US military

The US President Donald Trump vowed on Wednesday that he would not let transgender people to serve in the military of the United States in any capacity.

Wed, 26 Jul 2017 13:29:28 GMT

France finds US sanctions against Russia, Iran illegal

On Wednesday, the French Foreign Ministry stated that new US sanctions on Russia, North Korea and Iran seemed to violate international law amid their extra-territorial reach.

Wed, 26 Jul 2017 12:34:25 GMT

Canada-EU deal on air passenger data must be revised

The European Union top court said that the Canada-EU deal on airline passenger data sharing must be revised amid its violation of data protection and privacy laws.

Wed, 26 Jul 2017 12:26:11 GMT

US sanctions to affect Trump, EU more than Russia

Russia's Minister of Economy Maxim Oreshkin stated on Wednesday that the draft US sanctions against Moscow would hit the powers of Donald Trump and the EU energy security more than Russian economy.

Wed, 26 Jul 2017 11:05:51 GMT

US to supply Lebanon with extra $140M aid money for Syria refugees

The United States is planning to spend extra $140M to help Syria's refugees in Lebanon, according to the country's State Department.

Wed, 26 Jul 2017 10:51:53 GMT

Sweden opposition calls for govt ministers' ouster over political row

Sweden's opposition urged for ouster of the infrastructure, defence and interior ministers, following a political scandal over the transport data contract, alleging the government had violated the state laws.

Wed, 26 Jul 2017 10:26:30 GMT

Facebook traders set bullishness record

Facebook stock continues to surge, as ahead of the company earnings announcement stock option prices are with the lowest premium in a year to hedge a fall of the stock price.

Wed, 26 Jul 2017 10:25:11 GMT

ECB will probe pension funds

The European Central Bank has announced that it will require euro zone pension funds to report more detailed data about their operations.

Wed, 26 Jul 2017 09:26:34 GMT

Britain not to accept chlorinated chicken to sign US trade deal

The UK Environmental Secretary Michael Gove stated on Wednesday that Britain was not eager to accept chlorinated chicken imports in pursuit of signing a trade deal with the US after Brexit.

Wed, 26 Jul 2017 09:14:27 GMT

India arrests four-storey building owner as house collapses

On Wednesday, the Indian police arrested an owner of the several apartments in the Mumbai four-storey building over a suspected unauthorised renovation that could cause the house collapse.

Wed, 26 Jul 2017 08:34:08 GMT

North Korea's top official meets counterpart in Manila

On Wednesday, the North Korean Vice Foreign Minister Choe Hui Choi visited Manila for meeting with his counterpart right ahead of the regional security meeting.

Wed, 26 Jul 2017 08:09:56 GMT

Cyber attacks hit Italy's UniCredit client data

The largest lender of Italy UniCredit revealed on Wednesday it had suffered cyber attacks on the company's client data, with about 400K of the customer personal and bank details affected.

Wed, 26 Jul 2017 07:33:00 GMT

Moscow sees no room to mend ties with US after new sanctions

Russia's Deputy Foreign Minister Sergei Ryabkov stated that the draft US legislation over new sanctions to be imposed on Russia left no room to improve relations between the two countries in the nearest future.

Wed, 26 Jul 2017 07:24:14 GMT

Snap General Counsel Handman resigns

Chris Handman, the General Counsel of Snap Inc., stepped down from his post after serving to the company since 2014 amid his intention to spend more time with the family.

Wed, 26 Jul 2017 06:33:14 GMT

Building collapse death toll climbs to 17 in Mumbai

The number of casualties from a four-storey building collapse in the Indian financial capital of Mumbai rose to 17 on Wednesday after rescuers had searched the debris.

Wed, 26 Jul 2017 06:25:00 GMT

US House approves Russia sanctions bill, defying Trump

On Tuesday, the US Representatives voted overwhelmingly for a proposed bill to impose new sanctions on Russia, forcing the President Donald Trump to secure lawmakers' permission before easing sanctions on Moscow.

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