US initial jobless claims stay on hold last week

Source: Dukascopy Bank SA
The number of applications for US unemployment benefits remained unchanged at 211K in the week ending May 5, while analysts anticipated a surge to 219K.
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Thu, 10 May 2018 13:30:45 GMT

Victor Orban stays as Hungarian Prime Minister

On Thursday, Viktor Orban has been reelected as the Prime Minister for his third term at this position by the new Hungarian Parliament, following his Fidesz party's victory, which gave it a 2-3 majority in the legislature.

Thu, 10 May 2018 11:53:35 GMT

BT to phase out 13K jobs to revive growth after scandal

The British Telecom group BT is set to cut 13K back-office and managerial job positions, moving to a smaller base in London in its efforts to revive from an accounting row and make the firm more efficient.

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