News

Wed, 04 Oct 2017 17:09:28 GMT

Benchmark bond of Puerto Rico tumbles to record low

Puerto Rico benchmark general obligation bond price dropped to a record low during the New York session amid Trump's suggestion to wipe out island's vast debt load.

Wed, 04 Oct 2017 17:07:48 GMT

Equinox new data protection product is not sufficient

The US Senator Warren stated that the new product of Equinox Inc that allowed clients to lock and unlock their credit reports did not provide the sufficient protection to client's data.

Wed, 04 Oct 2017 16:08:17 GMT

ISM reports stronger Non-Manufacturing PMI

The Institute for Supply Management reported that its Non-Manufacturing PMI rose to 59.8 over the course of September, topping estimates for a 55.5-point reading.

Wed, 04 Oct 2017 16:06:41 GMT

ADP Non-Farm Employment Change at 135K in September

Data released by the ADP revealed that the number of people employed in the private sector rose by 135K in September compared with a downwardly-revised gain of 228K in August.

Wed, 04 Oct 2017 15:18:00 GMT

EZ retails sales down 0.5% in August

Eurostat reported on Wednesday that the volume of retail trade in the Euro zone was down 0.5% in August, falling behind analysts' expectations for a 0.3% rise.

Wed, 04 Oct 2017 15:17:22 GMT

UK Services PMI inches up in September

According to the data released by IHS Markit on Wednesday, the UK Services PMI advanced 0.4 points to come in at 53.6 for the month of September.

Wed, 04 Oct 2017 14:26:41 GMT

Banned nerve agent sarin likely used in Syrian attack

A chemical weapons watchdog found the illegal nerve agent sarin in the samples examined after an attack that took place in the opposition-led Syria's town in March.

Wed, 04 Oct 2017 14:10:45 GMT

EU calls Spain and Catalonia to ease violent confrontation

On Wednesday, the European Union urged again the authorities of Catalonia and Spain to open a dialogue to defuse the violent confrontation over Catalan independence.

Wed, 04 Oct 2017 13:34:40 GMT

Turkish judge claims 43 soldiers tried to kill Erdogan

Turkey's Court found 43 ex-soldiers guilty on Wednesday of trying to murder the President Tayyip Erdogan in the 2016 failed coup.

Wed, 04 Oct 2017 13:29:00 GMT

Islamic State to blame for suicide attack in Libya

On Wednesday, three people were killed and 35 wounded in an attack on Misrata's court complex in Lybia, which was claimed by the Islamic State.

Wed, 04 Oct 2017 12:30:04 GMT

Amazon to pay $294.38M back tax bill to Luxembourg

The European Union ordered Amazon on Wednesday to pay around $294.38M in back taxes to Luxembourg, as the US company was caught up in the EU crackdown on unfair deals with taxes.

Wed, 04 Oct 2017 12:09:18 GMT

Iceland cuts key interest again month ahead of snap election

On Wednesday, Iceland's Central Bank cut its key rate for the fifth time, one month ahead of the snap Parliamentary election to mitigate the effect of lower inflation.

Wed, 04 Oct 2017 10:52:05 GMT

EU Commission takes Ireland to court over $15.3B Apple tax bill

The EU Commission took Ireland to the European Court of Justice over its failure to recover $15.3B of a tax due from the US tech giant Apple.

Wed, 04 Oct 2017 10:50:10 GMT

Honda to halt production at Japan factory by 2022

On Wednesday, Honda announced it was planning to halt production at one of the Japanese domestic plants within the five years as the carmaker was focusing on the electric vehicle development.

Wed, 04 Oct 2017 10:09:49 GMT

Catalonian crisis hits stocks

On Wednesday European stocks decline despite new high levels on Wall Street. The reason was the fundamental disruption caused by the Catalonian issue.

Wed, 04 Oct 2017 10:09:05 GMT

Catalonia will declare independence

The Catalan leader Carles Puigdemont announced on Wednesday that the region will declare independence during the weekend.

Wed, 04 Oct 2017 09:11:35 GMT

Banks join IBM and UBS trade finance blockchain

CaixaBank, Commerzbank, Erste Group and Bank of Montreal joined UBS and IBM groups to build a blockchain-based technology aimed at supporting trade finance transactions.

Wed, 04 Oct 2017 09:10:52 GMT

Airbus seeks to push A350 production above its benchmark

On Wednesday, Airbus stated that it had all the capacity to raise the A350 aircraft production above company's targeted level of ten planes a month by the next year's end.

Wed, 04 Oct 2017 08:01:02 GMT

Mongolia appoints new PM on Wednesday

On Wednesday, the Mongolia Parliament appointed its new Prime Minister Ukhnaa Khurelsukh, putting the country back on track to receive the IMF funds from a $5.5B economic rescue package.

Wed, 04 Oct 2017 08:00:51 GMT

EU competition head to hold conference on state aid cases

A Competition Commissioner of the European Union Margrethe Vestager is set to speak at the news conference on Wednesday in Brussels over two state aid cases.

Wed, 04 Oct 2017 07:29:50 GMT

Three soldiers killed as bomb explodes in Southeast Turkey

Three Turkish soldiers were reported to be dead and five more wounded after Kurdish militants detonated a bomb in the Southeast Turkey, close to the Iranian border.

Wed, 04 Oct 2017 07:23:28 GMT

Japan's Abe, Trump set to talk via phone on Wednesday

The US and Japan leaders Donald Trump and Prime Minister Shinzo Abe are set to hold phone talks on Wednesday over the shooting in Las Vegas and North Korean missile programme.

Wed, 04 Oct 2017 06:32:57 GMT

China's soybean imports from US face delays amid hurricane damage

China's imports of soybeans from the United States are expected to be delayed by no less than two weeks amid suppliers' struggle to find high-quality beans after hurricanes damaged the crop.

Wed, 04 Oct 2017 06:25:32 GMT

Aid groups call for $434M for Rohingya Muslims

On Wednesday, humanitarian groups stated that they needed $434M for the next six months, seeking to help about 1.2M fleeing Rohingya Muslims in Bangladesh.

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