News

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Thu, 05 Apr 2018 01:56:08 GMT

New Zealand commodity prices rise 1.2% last month

The ANZ reported that commodity prices grew 1.2% month-over-month in March, following the preceding month's rise of 2.8%

Thu, 05 Apr 2018 01:55:06 GMT

AIG Services Index comes in at 56.9 in March

The Australian Industry Group reported on Thursday that its Services Index rose to 56.9 in March from the prior month's 54.0.

Wed, 04 Apr 2018 20:00:20 GMT

Ford urges China, US to resolve trade dispute

Ford Motor stated that it encouraged Chinese and the US governments to cooperate on resolving trade issues, as China retaliated with the list of duties after the US imposed new tariffs.

Wed, 04 Apr 2018 19:59:47 GMT

Apple hires Google's ex-executive as AI head

Apple stated that it hired an artificial intelligence executive, who previously worked at Google, aiming to boost the company's Siri voice assistant and other offerings.

Wed, 04 Apr 2018 19:27:03 GMT

Peugeot to raise production at Vauxhall factory

PSA, the maker of Peugeot, unveiled intention to increase output at the company's Vauxhall van factory in the UK, in a bid to encourage concessions in labour talks.

Wed, 04 Apr 2018 19:26:21 GMT

ISM non-manufacturing PMI at 58.8 in March

The Institute of Supply Management stated that the US non-manufacturing PMI declined to 58.8 in March after 59.5 points registered in the prior month.

Wed, 04 Apr 2018 17:44:29 GMT

GM to cease Chevrolet Sonic Subcompact car production

General Motors is expected to cease production of the company's Chevrolet Sonic Subcompact production this year, according to the Wall Street Journal, citing sources.

Wed, 04 Apr 2018 17:43:58 GMT

Services sector activity in US weakens in March

The US services sector revealed softer activity in March, diminished by a decline in new orders. Meanwhile, private employers kept a brisk hiring pace.

Wed, 04 Apr 2018 16:57:03 GMT

France's Senate, PM agree to diminish lawmakers number by third

France is likely to diminish the number of its lawmakers by 30% and 15% of parliament members are expected to be elected through a system of proportional representation in 2022 elections.

Wed, 04 Apr 2018 16:56:49 GMT

VW expects SUV rebound in Brazil

Volkswagen announced plans for production of SUV in Brazil, expecting the rebound in the market of Latin America, despite the cautious stance from Honda and other rivals.

Wed, 04 Apr 2018 15:49:36 GMT

US factory orders grow rapidly in February

New orders for the US-made goods increased broadly in February, fuelled by strong demand for a range of products, suggesting strengthening in the country's manufacturing sector.

Wed, 04 Apr 2018 15:49:10 GMT

Apple works on touchless control, curved screen for iPhones

Apple started to work on curved screens and touchless control for the company's future iPhones, Bloomberg stated, citing sources familiar with the matter.

Wed, 04 Apr 2018 15:19:52 GMT

Britain's construction PMI declines to 47.0 in March

Markit report showed that the UK construction PMI was at 47.0 in March after a 50.9 reading in the prior month, indicating that activity in the sector slowed in the reported period.

Wed, 04 Apr 2018 15:18:49 GMT

EZ inflation grows 1.4% in March

Euro zone's inflation revealed 1.4% growth pace in March, following three consecutive months of decreases, the preliminary report showed.

Wed, 04 Apr 2018 14:12:02 GMT

Iran calls for Syria's independence, condemns US

Iran's President Hassan Rouhani on Wednesday blamed Washington for supporting the Islamic State insurgents in Syria, calling on the other countries to respect Syria's independence.

Wed, 04 Apr 2018 13:58:10 GMT

One person killed in Moscow mall fire

On Wednesday, a fire broke out in a shopping centre in the eastern Moscow, killing at least one person, the news agency TASS reported.

Wed, 04 Apr 2018 13:12:24 GMT

Apple launches its payment platform Apple Pay in Brazil

On Wednesday, Apple arrived in Brazil with its mobile payment service Apple Pay and exclusive partnership with the country's biggest private lender Itaú Unibanco Holding.

Wed, 04 Apr 2018 13:03:12 GMT

North Korea sets date for Moscow visit by Foreign Minister

North Korea's Foreign Minister is set to arrive in Moscow next week for a meeting with his Russian counterpart scheduled for April 10, Russia's Foreign Ministry stated.

Wed, 04 Apr 2018 12:38:20 GMT

Denmark demands ex-Uber drivers to pay extra tax

Denmark's tax authorities urged about 1,2K ex-Uber drivers to pay additional tax worth $1.96M for 2014 and 2015, amid tax avoidance findings.

Wed, 04 Apr 2018 12:33:46 GMT

Facebook head Zuckerberg set to testify on April 11

The Chief Executive of Facebook Mark Zuckerberg is set to testify before the US House Commerce Committee in a week, on April 11, the panel stated on Wednesday.

Wed, 04 Apr 2018 11:35:11 GMT

Russia removes Hungarian diplomat over nerve agent attack

On Wednesday, Russia's Foreign Ministry stated that it had expelled the Hungarian diplomat in tit-for-tat move amid the ex-Russian spy Sergei Skripal case.

Wed, 04 Apr 2018 11:28:27 GMT

Boeing shares drop on China tariffs announcement

Shares of Boeing plunged 7.2% on Wednesday, following China's announcement that it will impose its own tariffs on US goods imports, which also included aircraft, in retaliation .

Wed, 04 Apr 2018 10:21:08 GMT

Elliott Management hopes for rapid reforms in Hyundai

The US-based hedge fund Elliott Management has urged Hyundai Motor Group to make more rapid reforms in the management, as its stake in the South Korean company is worth $1B.

Wed, 04 Apr 2018 10:11:24 GMT

Oil weakens due to Chinese tariffs on US goods

Oil prices dropped on Wednesday in response to China imposing tariffs on several US products, thus increasing the possibility of a trade war.

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