News

Tue, 16 May 2017 16:57:20 GMT

Greece's debt relief without agreement

EU lenders and the IMF have not yet reached an agreement on Greece's debt relief. A possible solution is to be discussed at the next meeting of Eurozone finance ministers on 22 May.

Tue, 16 May 2017 15:56:41 GMT

CB Leading Indicator slips 0.2% in March

The Conference Board Leading Economic Indicator for the United Kingdom dropped 0.2% over the month of March, data revealed on Tuesday.

Tue, 16 May 2017 15:55:49 GMT

US building permits down 2.5% in April

United States building permits decreased 2.5% to an annualised pace of 1.23M units in April, missing economists' expectations for a 1.27M-unit rate.

Tue, 16 May 2017 15:00:19 GMT

US new-home construction drops 2.6% in April

Data released on Tuesday revealed US housing starts slid 2.6% to an annualised 1.17M-unit rate in April, following the downwardly revised 1.27M-unit rate registered in March.

Tue, 16 May 2017 15:00:06 GMT

ZEW Economic Climate Index up 1.1 point in May

The German ZEW Economic Sentiment Index posted a 1.1-point increase to settle at 20.6 over the course of May, missing analysts' expectations for a 22.3-points print.

Tue, 16 May 2017 14:18:42 GMT

Facebook adds quirky face-tracking filters to Instagram

Facebook added a new Snapchat-like camera tool to its Instagram app, leading in an "innovation" race with its rival as Snap's shares had already dropped 23% last week after posting its Q1 results.

Tue, 16 May 2017 13:57:40 GMT

Schoenefeld airport evacuates people amid tear gas outbreak

Berlin's Schoenefeld airport Terminal D was evacuated on Tuesday amid a suspected outrage of tear gas. The incident hit the area that was mainly served by the Ryanair and EasyJet low cost carriers.

Tue, 16 May 2017 13:31:47 GMT

France postpones new government announcement until Wednesday

The President Emmanuel Macron's office stated that the official announcement of the French new government was postponed to Wednesday.

Tue, 16 May 2017 13:10:06 GMT

Euro zone trade surplus hits €23.1B in March

On Tuesday, Eurostat reported that Euro zone's trade surplus reached €23.1B in March, topping analysts' expectations for a €18.8B reading.

Tue, 16 May 2017 12:34:39 GMT

France's data watchdog imposes $166K on Facebook

The French data watchdog fined Facebook for $166K as the social media failed to prevent advertisers from accessing the users' data.

Tue, 16 May 2017 12:24:40 GMT

Ukraine slaps sanctions on Russia's web firms citing hack threats

The Russian largest web group Yandex and other well-known online firms got under the sanctions as Ukraine tends to protect itself against presumable cyber attacks.

Tue, 16 May 2017 11:28:42 GMT

Hackers access DocuSign customer email database

On Tuesday, the electronic signature service DocuSign announced that its customer email database was exposed by hacks, which deemed to be connected with phishing emails addressed to the company's users.

Tue, 16 May 2017 11:06:13 GMT

North Korea claims its missile probe is legit

The North Korean official stated to the UN Conference on Disarmament that its missile test launched recently was a completely legitimate self-defence act under the law of nations.

Tue, 16 May 2017 09:58:48 GMT

Official data: Canadian small business lending unchanged

According to the official data released on Tuesday, the Canadian small business lending remained relatively unchanged in March, in comparison to February's figures.

Tue, 16 May 2017 09:58:31 GMT

Inflation in UK reaches highest level since 2013

On Tuesday, inflation in the UK in April rose to the highest level since nearly four years, edging 2.7% up, beating expectations of 2.6%, with the main reason being the weaker Pound, as a result of the last years' Brexit vote.

Tue, 16 May 2017 09:30:05 GMT

EU automobile sales plunge 6.8% in April

According to ACEA, the Europe car sales dropped 6.8% in the prior month amid a sharp decrease in Volkswagen vehicles demand and double-digit sales fall in the UK.

Tue, 16 May 2017 09:20:58 GMT

UK sadistic "Moors Murderer" Ian Brady dies in secure hospital

An infamous child serial killer and one of the two "Moors Murderers" jailed for life Ian Brady died this Monday in the Liverpool secure hospital where he was placed in 1966 after being diagnosed with schizophrenia.

Tue, 16 May 2017 08:34:17 GMT

Thai Court expects Facebook to comply with orders on violent content

Thailand's authorities have no immediate plan to suspend Facebook as it expects the social media to obey the orders and remove the content considered to threaten the national security.

Tue, 16 May 2017 08:22:16 GMT

Rue21 files for bankruptcy protection under the Chapter 11

The US fashion retailer Rue21 appealed for the Chapter 11 bankruptcy protection, expecting to proceed with normal operations throughout the process.

Tue, 16 May 2017 07:33:58 GMT

Turkey to arrest 85 ministry staff under post-coup investigation

The Prosecution of Turkey ordered the arrest of 85 education and energy ministries' staff in a post-coup probe linked to the US-based cleric's network.

Tue, 16 May 2017 07:08:34 GMT

IranAir to receive four ATR 72-600 turboprop aircraft

IranAir will take delivery of its first four ATR 72-600 turbo-propeller aircraft on Tuesday amid the company's fleet rebuild following the nuclear-related sanctions imposed on Iran last year.

Tue, 16 May 2017 06:32:01 GMT

Facebook still available in Thailand despite threats to shut it down

On Tuesday, Facebook was still accessible in Thailand despite the government's intention to shut down the social media giant amid concerns that the platform threatened to the national security.

Tue, 16 May 2017 06:22:06 GMT

Indian CBI search ex-Finance Minister's homes

On Tuesday, the Indian Central Bureau of Investigation sought through the former Finance Minister P. Chidambaram's homes in the criminal investigation on suspected misconduct linked to investment deal approvals.

Tue, 16 May 2017 05:26:48 GMT

Australia discusses free trade agreement with China

On Tuesday, the Australian Trade Minister Steven Ciobo stated that Australia began discussing free trade agreement details with China, aimed to improve access for service providers to both countries.

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