News

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Mon, 16 Oct 2017 17:51:48 GMT

Republicans and Democrats to fix health insurance market

On Monday, the US President Donald Trump reported that both Republicans and Democrats were working on a temporary fix for the health insurance market.

Mon, 16 Oct 2017 17:17:26 GMT

US Supreme Court to review antitrust claims against American Express

The US Supreme Court reported that it would review antitrust complaints accusing American Express of prohibiting merchants from promoting the use of credit cards with lower fees.

Mon, 16 Oct 2017 17:09:09 GMT

Prominent investigative journalist dies in car bomb attack

Malta's prominent investigative reporter Daphne Caruana Galizia has been killed today in a car bomb attack.

Mon, 16 Oct 2017 15:59:42 GMT

New York Manufacturing Index hits 30.2 in October

The Federal Reserve Bank of New York's Empire State Manufacturing Index came in at 30.2 in October, surging from 24.4 points registered over the previous month.

Mon, 16 Oct 2017 15:59:13 GMT

Canada's foreign securities purchases down in August

Data released by Statistics Canada showed the country's international transactions in securities totalled $9.85B in August, a significant drop from $23.9B observed in July. 

Mon, 16 Oct 2017 15:20:26 GMT

EA19 trade surplus hits €16.1B in August

Eurostat reported on Monday that the Euro zone posted a €16.1B surplus in international trade in goods over the month of August, compared with a €17.5B surplus recorded a year ago.

Mon, 16 Oct 2017 15:19:49 GMT

German wholesale prices jump 0.6% in September

According to the data released by Destatis on Monday, the German Wholesale Price Index advanced 0.6% over the course of September.

Mon, 16 Oct 2017 13:57:31 GMT

JPMorgan triggers new payments network

On Monday, JPMorgan Chase & Co launched its new payments processing networks, using the blockchain technology, in its partnership with the RBC and Australia and New Zealand Banking Group.

Mon, 16 Oct 2017 13:57:17 GMT

Daimler commits over $118M to help reshape company

Daimler committed over $118M to help create certain legal entities for the Daimler Trucks and Mercedes-Benz cars divisions in attempt to facilitate the company's eventual break up.

Mon, 16 Oct 2017 12:55:14 GMT

20 die in Portugal wildfires

No less than 20 people were killed in widespread wildfires across Portugal, starting from Sunday that forced the authorities to declare a state of emergency in the Tagus river's region.

Mon, 16 Oct 2017 12:55:03 GMT

BlackBerry shares drop as another top executive quits

On Monday, BlackBerry shares plunged almost 4% to $11.12 after another senior executive, a licensing director Victor Schubert, stepped down from his post.

Mon, 16 Oct 2017 12:20:16 GMT

Sprint, T-Mobile to announce merger deal without asset sales

T-Mobile and Sprint are aimed at merger deal without any asset divestitures, as the companies aim to secure their cost synergies and spectrum holdings before regulators demand for concessions.

Mon, 16 Oct 2017 12:09:32 GMT

Kazakhtelecom to be first state-run firm to list abroad

The largest telecom operator of Kazakhstan may become the first key state company to list abroad this year amid Kazakhstan's intention to lure billions of dollars in privatisation drive.

Mon, 16 Oct 2017 10:57:29 GMT

France expects US Congress not to jeopardise Iran deal

France's Foreign Minister Jean-Yves Le Drian expected the US Congress would not jeopardise the Iran nuclear accord after the President Donald Trump stated he might leave.

Mon, 16 Oct 2017 10:57:20 GMT

Moscow criticises North Korean nuclear tests

On Monday, Russia condemned North Korean nuclear tests, calling the international community and the provocative country to comply with the UN resolutions.

Mon, 16 Oct 2017 10:05:10 GMT

Carrefour's new CFO will start with immediate effect, says CEO

Matthieu Malige, the new chief financial officer of the French retailer Carrefour, would start working with immediate effect, the company's CEO Alexandre Bompard said on Monday.

Mon, 16 Oct 2017 09:56:27 GMT

Spain extends deadline for declaring Catalonia's independence to Thursday

The Spanish government has agreed to take direct control over Catalonia if its leader Carles Puigdemont does not respond explicitly about the region's independence by Thursday.

Mon, 16 Oct 2017 09:23:26 GMT

Kurz wins Austrian Parliamentary elections

On Sunday, Sebastian Kurz won Austria's Parliamentary elections, giving a mandate to the far-right Freedom Party to enter coalition negotiations.

Mon, 16 Oct 2017 08:59:28 GMT

May to arrive in Brussels on Monday

On Monday, the British Prime Minister Theresa May travelled to Brussels for talks with the EU chief Jean-Claude Juncker, following the Brexit negotiations deadlock over future trade ties.

Mon, 16 Oct 2017 08:27:49 GMT

ECB seeks Spain banks to meet capital requirements

On Monday, the ECB chief supervisor Daniele Nouy stated that she expected the banks of Spain to meet their capital demands and requirements under Pillar II rules.

Mon, 16 Oct 2017 08:17:19 GMT

Catalonia's leader fails to clarify independence stance

The leader of Catalonia Carles Puigdemont failed to spell out on Monday the region's independence stance, paving the way for Spain's government to get it under control and rule directly.

Mon, 16 Oct 2017 07:04:46 GMT

Somalia death toll surges to 263

No less than 263 people were reported to be dead following the twin bomb blasts in the Somalian capital of Mogadishu, doctors reported on Monday.

Mon, 16 Oct 2017 07:04:37 GMT

Kobe Steel shares hit record-low amid cheating crisis

On Monday, Kobe Steel shares plunged to their five-year-low amid deepening cheating scandal that engulfed hundreds of companies and left investors worrying about the legal and financial fallout.

Mon, 16 Oct 2017 06:20:56 GMT

Aramark to sign $2.35B deal with Avendra, AmeriPride

On Monday, the food services firm Aramark stated that it would close an acquisition deal with Avendra and linen and uniform supplier AmeriPride for the total of $2.35B.

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