News

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Fri, 19 May 2017 14:14:43 GMT

Euro zone consumer sentiment improves in May but less than expected

The European Commising reported that consumer confidence in the Euro zone climbed 0.3 points to -3.3 in May, whereas experts anticipated an increase of 0.6 to -3.0.

Fri, 19 May 2017 14:04:50 GMT

Canadian retail sales rebound in March

Statistics Canada reported on Friday that retail sales jumped 0.7% in March, following the preceding month's drop of 0.4%, while core retail sales rose 0.4% in the same moth, compared to February's fall of 0.1%

Fri, 19 May 2017 13:30:23 GMT

Romania accepts financial assistance for Holocaust survivors

Romanian Parliament approved the law that allows direct financial assistance to the Holocaust survivors in the ex-Nazi country during the World War Two.

Fri, 19 May 2017 13:22:00 GMT

Canadian inflation rises to 0.4% in April

On Friday, Canada reported that its Consumer Prices Index climbed to 0.4% in April from the prior's month 0.2%, but slightly missed expectations for a 0.5% jump.

Fri, 19 May 2017 12:33:23 GMT

Wannacry cyber attack hits Russian banks

According to the Russia's Central Bank statement on Friday, the Wannacry ransomware attack that hit the world compromised some Russian banks' systems, but not affecting them seriously.

Fri, 19 May 2017 12:25:46 GMT

Spanish Podemos files vote of non-confidence against Rajoy

On Friday, Spain's anti-austerity Podemos party filed a vote of non-confidence against the PM Mariano Rajoy amid an alleged slew of corruption scandals hit the leading People's Party in the last few years.

Fri, 19 May 2017 11:34:09 GMT

Macron to meet Mali troops fighting against IS

The French President Emmanuel Macron is eager to make his first trip to Mali on Friday with intention to meet the troops fighting against the Islamist militants.

Fri, 19 May 2017 11:30:33 GMT

German producer prices rise more than expected last month

Destatis reported on Friday that German producer prices jumped 0.4% in April, following the preceding month's 0.0% reading and topping expectations for a 0.2% gain.

Fri, 19 May 2017 10:11:10 GMT

Russia considers latest US strike on Syria that hit civilians unacceptable

On Friday, Russia's Foreign Minister Gennady Gatilov stated that the US military strike against the Syrian militia that hit civilians was totally unacceptable.

Fri, 19 May 2017 10:10:56 GMT

Trump turmoil hits 500 richest people with $35B loss

On Wednesday, at least 500 richest people of the world lost $35B as the global equity markets were hit by the United States' political chaos linked to the President Donald Trump.

Fri, 19 May 2017 09:34:23 GMT

Moscow concerned about US political chaos over Trump-Russia ties

Russia becomes increasingly unhappy to be in the centre of the US political chaos that raises chances the President Donald Trump presumable impeachment.

Fri, 19 May 2017 09:14:06 GMT

Car rams into Time Square crowd leaving one dead

A car rammed into pedestrians at the Time Square in New York, leaving a teenager dead and 23 people hurt, but no signs of terrorist attack were indicated.

Fri, 19 May 2017 08:29:50 GMT

Russia expects food price inflation to rise next months

According to the Russian Central Bank, the annual food prices are expected to slightly rise in the upcoming months; however, no speed-up expected in the overall inflation.

Fri, 19 May 2017 08:06:01 GMT

Trump to visit Middle East and Europe seeking to build on ties

On Friday, Donald Trump heads to Saudi Arabia on his first foreign trip as the President to repair relations with the US closest Arab ally, planning to make stops in Israel, Italy and Belgium next week.

Fri, 19 May 2017 07:30:18 GMT

56M Iranians trigger voting in Presidential Election

On Friday, 56M of Iranians started voting in the Presidential Election that will determine the future of the economic and social reform in the country.

Fri, 19 May 2017 07:16:13 GMT

China to enhance life insurance firms' sales management

China aims to enhance sales management of life insurance firms as a part of the official campaign to crackdown the industry's irregularities.

Fri, 19 May 2017 06:34:13 GMT

Brazil's Temer declines to quit despite alleged bribery accusations

On Thursday, the Prezident of Brazil Michel Temer stated he would not step down from his post despite the Supreme Court accused him in bribery in a corruption probe.

Fri, 19 May 2017 06:29:42 GMT

Uber to fire autonomous car engineer following trade secrets case

Uber is likely to dismiss a self-driving car engineer who is accused of confidential documents steal in a trade secrets case between Uber and Alphabet's Waymo unit.

Fri, 19 May 2017 04:55:24 GMT

Malaysia GDP rises 5.6% in first quarter

Malaysia's economy rose 5.6% on an annual basis in the Q1, showing a better-than-expected pace of growth fueled by higher exports and private expenditure.

Fri, 19 May 2017 04:55:14 GMT

China to put ties with South Korea back on track

Xi Jinping, the President of China, said that he intended to put China-South Korea ties back onto track after relations were spoiled by the US placing anti-missile system.

Fri, 19 May 2017 03:58:16 GMT

Asian stocks trade mixed, Dollar falls amid high uncertainty

On Friday, major Asian stocks traded mixed and the US Dollar failed to maintain yesterday's gains amid uncertanties coming from the United States. 

Fri, 19 May 2017 03:51:26 GMT

China-Hong Kong bridge to benefit both countries

A new almost completed 30-km bridge between China and Hong Kong is likely to cause more than only economic integration, Chinese officials revealed.

Fri, 19 May 2017 03:06:31 GMT

China's central bank extends currency swap with New Zealand

The People's Bank of China announced that it extended a $3.63B bilateral currency swap deal with the Reserve Bank of New Zealand for three more years.

Fri, 19 May 2017 03:00:52 GMT

New ferry links Russia and North Korea despite US urges for isolation

A ferry between Russia and North Korea moored for the first time at the port of Vladivostok, in spite of US claims to curb relations with Pyongyang.

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