News

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Fri, 12 May 2017 03:05:39 GMT

PBoC lends $66.52B through MLF

China's central bank said in the statement that it injected $66.52B into country's financial system through Medium-term Lending Facility loans and kept interest rates unchanged.

Fri, 12 May 2017 02:23:09 GMT

White House stays without naming anyone to board of Fed

White House official revealed that Donald Trump refrains naming anyone to the Fed's board for weeks, as he wants all nominees to be vetted before filling the vacancies.

Fri, 12 May 2017 02:19:53 GMT

EU looks for urgent negotiations with US over aviation security

The EU requires urgent talks with the United States over restriction for European countries to allow their airline passengers to take along laptops as the US sees security threats.

Thu, 11 May 2017 19:56:04 GMT

Macron unveils list of 428 candidates

The French President elect Emmanuel Macron on Thursday unveiled a list of 428 candidates for June's parliamentary elections, 52% of whom were new to politics and half of whom were women. 

Thu, 11 May 2017 19:55:44 GMT

Macy's shares slide 13% after earnings miss

Macy's Inc. reported a worse-than-expected slide in revenue for the Q1 falling short of analyst expectations on revenue and profits.

Thu, 11 May 2017 18:52:57 GMT

Head of Russian cyber-security firm defends company amid US scrutiny

The CEO of Russia's Kaspersky Lab defended his company on Thursday as the heads of six US intelligence agencies testified on Capitol Hill that they have treated the company as a threat.  

Thu, 11 May 2017 18:52:47 GMT

Donald Trump signs cyber-security executive order

The President Donald Trump signed an executive order Thursday with the intention to tighten cyber-security of federal networks and critical infrastructure.

Thu, 11 May 2017 18:28:41 GMT

FBI acting director Andrew McCabe promises to disclose any inference with Russian probe

The FBI's acting director promised to tell the Senate Intelligence Committee of any effort to interfere with the FBI's probe into links between Russia and the 2016 Trump presidential campaign. 

Thu, 11 May 2017 18:27:27 GMT

Trump calls sacked FBI chief a "showboat"

The US President Donald Trump called fired FBI Director James Comey a "showboat" and "grandstander" who Trump intended to fire despite of any recommendation from the Justice Department.

Thu, 11 May 2017 17:00:02 GMT

Netflix to create 400 new jobs in Europe

Netflix reported on Thursday that it would create 400 new jobs in its new Amsterdam-based customer service hub, as part of its worldwide expansion plan.

Thu, 11 May 2017 16:57:51 GMT

UN tells Uzbekistan to go easy on Islamic extremists

On Thursday, the UN High Commissioner for Human Rights said that Uzbekistan should avoid taking extreme actions against Islamic radicals.

Thu, 11 May 2017 16:00:04 GMT

US natural gas storage rises less than expected

The EIA reported on Thursday that natural gas inventories in the US climbed 45B cubic feet last week, down from the preceding week's 67B rise and below forecasts for a 52B gain.

Thu, 11 May 2017 15:57:12 GMT

US initial jobless claims drop to 236K last week

The number of Americans filing for unemployment benefits fell to 236K in the week ending May 5, whereas analysts expected a rise to 245K from the prior week's 238K.

Thu, 11 May 2017 15:03:32 GMT

US producer prices climb more than expected in April

Producer prices in the United States surged 0.5% last month after falling 0.1% in March, while markets anticipated a rise of just 0.2%.

Thu, 11 May 2017 15:01:08 GMT

Canadian house prices rise in line with forecasts

Prices for new houses in Canada rose 0.2% in March, following the preceding month's gain of 0.4% but meeting analysts' expectations.

Thu, 11 May 2017 14:11:34 GMT

Safran plans to fix Boeing engine issues within weeks

The aerospace and engineering group Safran tends to complete 737 MAX aircraft engine issue as soon as in few weeks after Boeing halted its flight tests due to the glitch.

Thu, 11 May 2017 13:59:05 GMT

Ukraine to name new central bank governor by September

On Thursday, the Ukraine Finance Minister Oleksandr Danylyuk announced that the country would choose and appoint one of the candidates for central bank head by September 2017.

Thu, 11 May 2017 13:29:50 GMT

Yahoo rejects to cooperate with German cyber agency into hacking probe

German cyber agency rebuked Yahoo for inaction and refusal to cooperate into hacking probe on cyber attacks that compromised over 1B email service's users in a time period of 2013-2016.

Thu, 11 May 2017 13:09:49 GMT

Adidas director refuses to sell Reebok

The CEO of Germany's sportswear company Adidas Kasper Rorsted rejected the shareholders' calls to sell Reebok brand that yields losses as he believes a restructuring plan can restore its profitability.

Thu, 11 May 2017 12:28:19 GMT

Kremlin cautious about positive conversation with Trump

The Kremlin expressed "cautious optimism" over the US-Russia relationship improvement after the President Donald Trump and Russian Foreign Minister Sergei Lavrov meeting, saying there would be a lot of work ahead.

Thu, 11 May 2017 12:10:30 GMT

Safran shares drop amid 737 MAX engine issues

Shares of the French aerospace group Safran were about 1% down on Thursday after Boeing announced it would halt 737 MAX aircraft's test flights amid an engine issue made by the group.

Thu, 11 May 2017 11:13:29 GMT

Chinese ex-statistics head pleads guilty to taking bribes

On Tuesday, the Court of China stated that the former statistics chief Wang Baoan pleaded guilty to taking $22M in bribes, increasing the number of officials brought down in the President Xi Jinping's corruption war.

Thu, 11 May 2017 11:13:12 GMT

Siemens to slash 1.7K jobs in Germany

Siemens plans to cut down 1.7K job positions in Germany, which is about 1.5% of the personnel in the company's home country, and move 1K positions amid an efficiency drive.

Thu, 11 May 2017 10:14:03 GMT

Euro zone forecast revised to the upside

Official data on Thursday showed that the European Commission raised the Euro zone's growth forecast for this year, expecting unemployment to drop, while leaving the 2018 projection unchanged.

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