News

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Wed, 01 Mar 2017 05:52:20 GMT

FED officials increase rate hike expectations

During Tuesday's trading session the New York and San Francisco representatives of the Federal Reserve gave speeches. As a result of their rhetoric, the expectations of a March rate hike have increased.

Wed, 01 Mar 2017 05:51:46 GMT

Trump promises tax relief

During his latest speech the President of the United States Donald Trump affirmed that a large tax reform is in the planning, which is set to boost the economy of the US.

Wed, 01 Mar 2017 05:22:22 GMT

Iraq will not be included in US immigration ban

The President of the United States Donald Trump announced during his latest speech that his new immigration order is set to remove Iraq from list of the countries, whose citizens are facing a US travel ban.

Wed, 01 Mar 2017 05:21:50 GMT

Trump remains committed to US allies

During his latest speech the President of the United States Donald Trump affirmed the support of the United States to its longstanding allies. However, he insisted that partners have to pay their share.

Tue, 28 Feb 2017 22:32:03 GMT

Fed's Williams signals to a possible rate hike next month

On Tuesday, the San Francisco Fed President John Williams said that March rate hike is quite possible due to the US inflation approaching the central bank's 2% target.

Tue, 28 Feb 2017 22:19:06 GMT

Russia criticises UN sanctions on Syria

On Tuesday, the Deputy Foreign Minister of Russia Gennady Gatilov stated that UN sanctions put on Syria for the usage of chemical weaponry could hinder Geneva peace talks.

Tue, 28 Feb 2017 21:04:08 GMT

OneWeb confirms merger with Intelsat

On Tuesday, OneWeb and Intelsat agreed on a share-for-share merger that would allow the two companies to create a combined satellite network.

Tue, 28 Feb 2017 21:03:41 GMT

New US Commerce Secretary appointed

On Tuesday, a 79-year-old billionaire Wilbur Ross has been appointed as the head of the United States Department of Commerce.

Tue, 28 Feb 2017 20:06:10 GMT

Nissan urges government to help to comply with "rules of origin"

Japanese carmaker's European division called on the British government to help the company to comply with the "Made in Britain" rule in the wake of Brexit.

Tue, 28 Feb 2017 20:05:23 GMT

Paul Ryan says Obamacare must be repealed

Paul Ryan, the US House Speaker, said that the Affordable Care Act (commonly referred to as Obamacare) would be repealed and substituted with "a better healthcare system".

Tue, 28 Feb 2017 19:14:08 GMT

Kaplan sees Fed raising rates by June

In an interview with CNBC, Robert Kaplan, the Dallas Fed President, said that the Federal Reserve was expected to lift its interest rates as soon as June.

Tue, 28 Feb 2017 19:13:37 GMT

US shares little changed ahead of Donald Trump's speech

US markets kicked off the NY trading session little changed, with the Dow Jones and Nasdaq 100 falling a modest 0.10% and 0.01% respectively.

Tue, 28 Feb 2017 17:59:28 GMT

Greenback hovers around 58.30 level versus Ruble

The US Dollar was up 0.31% against the Russian Ruble on Tuesday, with the pair gravitating close to the 58.30 level.

Tue, 28 Feb 2017 17:59:09 GMT

Raw material prices in Canada surge 1.7% in January

According to the data released by Statistics Canada on Tuesday, prices of raw materials posted a 1.7% increase in January compared with a 6.5% advance registered in December.

Tue, 28 Feb 2017 17:02:34 GMT

US consumer confidence reaches 15-year high

The data released by the Conference Board revealed that consumer confidence in the US jumped to 114.8 points in the month of February, hitting its highest level in 15 years.

Tue, 28 Feb 2017 17:02:10 GMT

Swiss KOF index climbs 5.2 points in February

The KOF Swiss Economic Institute reported the KOF index added 5.2 points in February, jumping to 107.2 from an upwardly revised reading of 102.0 registered in January.

Tue, 28 Feb 2017 16:06:23 GMT

US GDP expands 1.9% in Q4 2016

The US Commerce Department revealed that the US gross domestic product rose 1.9% in the final quarter of 2016, matching the preliminary estimate.

Tue, 28 Feb 2017 16:06:06 GMT

Chicago PMI soars to 57.4 in February

The MNI Chicago Business Barometer added 7.1 points to settle at 57.4 over the month of February, beating analysts' expectations for a 53.0 reading.

Tue, 28 Feb 2017 15:21:22 GMT

Man dies in Islamist-Palestinian clash in Lebanon

A man reported to be dead amid the fight between the Palestinian Fatah faction and Islamist militia at the Lebanon refugee camp.

Tue, 28 Feb 2017 15:11:22 GMT

German police raid sites connected to Berlin attacker

German police officers searched over 20 sites in the capital of Germany that may be linked to a mosque attended by the Berlin Christmas market terrorist-attacker.

Tue, 28 Feb 2017 14:30:10 GMT

Pakistani ex-Army General launches political analyst career

The former military leader of Pakistan Pervez Musharraf became a political analyst at the TV talk-show "Pakistan First with President Musharraf", first aired on Sunday on Pakistani Bol TV.

Tue, 28 Feb 2017 14:08:38 GMT

UK & Russia military chiefs to relax tensions

British Top Military Commander Gordon Messenger and Russian Army General Alexander Zhuravlev had a meeting on Tuesday to negotiate on easing tensions between two countries, avoiding military intervention.

Tue, 28 Feb 2017 13:26:46 GMT

JPMorgan expenses to surge 3.4%

JPMorgan Chase & Co reported its expenses to soar 3.4% this year, which is $58B in total as the expenditures are aimed at technology and credit card accounts registration.

Tue, 28 Feb 2017 13:02:54 GMT

5.6 magnitude earthquake shakes East of Japan

On Tuesday, the Eastern and Northeastern parts of Japan were shaken by a 5.6 magnitude earthquake, however, no signs of tsunami danger were detected.

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