News

Wed, 18 Oct 2017 01:55:19 GMT

Verizon to pay $17.7M for resolving of school broadband probe

Verizon stated that it is set to pay $17.7M to resolve an investigation by the Justice Department and US regulators on eventual payment violations in the US school broadband program.

Tue, 17 Oct 2017 20:01:27 GMT

Britain should keep economic ties with EU after Brexit, OECD says

Britain should keep close economic ties with the EU even after Brexit to overcome loss of productivity and slowing growth, the oECD said.

Tue, 17 Oct 2017 19:54:49 GMT

NAFTA talks extended into Q1 2018

Trade ministers from the US, Mexico and Canada agreed to extend talks on the North American Free Trade Agreement renegotiation into the Q1 2018.

Tue, 17 Oct 2017 19:17:53 GMT

Greece's Tsipras encourages Turkey to continue its European orientation

The Greek Prime Minister Alexis Tsipras said that Turkey should continue its orientation towards Europe despite current tensions. 

Tue, 17 Oct 2017 19:14:12 GMT

US judge blocks Trump's travel ban

A US judge blocked the President Donald Trump's latest attempt to impose restrictions on citizens from eight countries entering the US.

Tue, 17 Oct 2017 18:08:05 GMT

Canada to impose tougher mortgage rules

Canada's banking watchdog announced tougher mortgage-financing rules, which will take effect in 2018 and are expected to considerably slow house buying and borrowing.

Tue, 17 Oct 2017 18:02:13 GMT

Bank of Italy's independence to be safeguarded

A source in Italy's President's office said that the Bank of Italy's independence had to be safeguarded, comments that followed critics that the central bank's inadequate supervision led to crisises and collapses of several banks.

Tue, 17 Oct 2017 16:56:40 GMT

Price index falls 1.0% at latest GDT auction

The Global Dairy Trade Price Index posted the second straight fall at the latest online auction in New Zealand, slumping 1.0% after declining 2.4% at the previous GDT auction.

Tue, 17 Oct 2017 16:56:23 GMT

US September factory output up 0.3%

The Federal Reserve said on Tuesday that industrial production in the United States was up 0.3% in September, as Hurricanes Harvey and Irma effects started to fade.

Tue, 17 Oct 2017 16:23:07 GMT

British house prices surge 0.5% in September

Government data suggested that house prices in the United Kingdom rose 0.5% over the month of September to reach the 5.0% annual growth pace.

Tue, 17 Oct 2017 16:22:50 GMT

US import prices advance 0.7% last month

The US Bureau of Labour Statistics reported on Tuesday that the country's import prices inched 0.7% higher over the course of September, slightly topping expectations for a 0.6% rise.

Tue, 17 Oct 2017 15:24:30 GMT

German ZEW Economic Sentiment misses expectations in October

The German ZEW Indicator of Economic Sentiment improved 0.6 points to hit the 17.6-point mark in October, missing analysts' expectations for a surge to 20.1.

Tue, 17 Oct 2017 15:23:35 GMT

Euro area annual inflation unchanged at 1.5% in September

According to the data released by Eurostat on Tuesday, the Euro area's annual inflation came in at 1.5% in September, unchanged from the previous month's reading.

Tue, 17 Oct 2017 14:33:21 GMT

Airbnb Africa registers 1.2M arrivals in 2016

The US short-term rental service Airbnb stated that guest arrivals more than doubled last year to 1.2M amid the plugged-in millennial generation.

Tue, 17 Oct 2017 14:25:45 GMT

Bombardier's CSeries jet delivery schedule unclear

Delta Air Lines stated on Tuesday that the delivery schedule of the Bombardier CSeries jets were unclear as the proposed by US government tariff on aircraft exacerbated the situation.

Tue, 17 Oct 2017 13:31:24 GMT

China seeks to acquire 5% of Saudi Aramco directly

China has offered to acquire up to 5% of Saudi Aramco directly, giving Saudi Arabia the flexibility to think over options for the plan to float the world's largest oil producer on stock market.

Tue, 17 Oct 2017 13:22:12 GMT

Synchronoss to sign $1B acquisition deal with Siris

Synrochronoss Technologies is willing to sell its cloud software unit Intralinks Holding for $1B in a deal with the private equity company Siris Capital Partners, the software maker stated on Tuesday.

Tue, 17 Oct 2017 12:13:19 GMT

Google to present advanced Gmail protection programme

On Tuesday, Google announced it would launch the advanced Gmail security features aimed at high-risk users, such as journalists and government officials.

Tue, 17 Oct 2017 12:03:51 GMT

British lawmakers may lose seats amid cost-cutting plan

Jeremy Corbyn, the leader of the UK Labour Party and other lawmakers could lose seats if proposals of cutting the politics cost went ahead.

Tue, 17 Oct 2017 11:09:43 GMT

US drone kills 26 people in Afghanistan

On Tuesday, the alleged US drone killed another six people near the Afghan-Pakistani border. The strike followed shortly after two Canadian hostages were freed by the Haqqani network.

Tue, 17 Oct 2017 11:09:28 GMT

Uber's Christopher Burghardt quits

According to the Financial Times newspaper, Christopher Burghardt, the head of Uber's policy for Europe, has resigned to join the network of EV charging stations ChargePoint. 

Tue, 17 Oct 2017 10:05:17 GMT

BoE Ramsden says it is too early for rate hike

On Tuesday, the New Bank of England Deputy Governor Dave Ramsden noted that there is no need to hurry with interest rate hike due to negligible signs of domestic inflation's pressure building in the UK labour market.

Tue, 17 Oct 2017 10:05:03 GMT

UN asks Bangladesh to speed up border checks

On Tuesday, the UN Refugee Agency urged Bangladesh to accelerate checking of 15K Rohingya refugees "stuck" near the Bangladesh–Myanmar border and move them to safer zone.

Tue, 17 Oct 2017 09:22:53 GMT

Italian trade surplus drops in August

Istat reported on Tuesday that the Italian trade surplus narrowed to €2.77B in August, compared to the prior month's €6.56B and missing analysts' expectations for a drop to €4.23B.

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