News

Thu, 04 May 2017 15:11:37 GMT

US factory orders increase less than expected in March

US factory orders rose 0.2% in March, following an upwardly revised 1.2% in February and falling behind expectations of 0.4% increase, the Census Bureau revealed on Thursday.

Thu, 04 May 2017 14:00:12 GMT

US initial jobless claims drop more than expected

The number of Americans filing for unemployment benefits fell to 238K last week, following the prior week's 257K and topping (surpassing) expectations for a decline to 246K.

Thu, 04 May 2017 13:54:22 GMT

Czech PM postpones resignation to devise new cabinet's plan

The Czech Republic Prime Minister Bohuslav Sobotka decided to delay his and the cabinet's resignation amid his intention to devise a new plan for the government.

Thu, 04 May 2017 13:15:50 GMT

Macron accuses rival Le Pen of lies spreading

On Thursday, France's presidential nominee Emmanuel Macron accused his rival candidate Marine Le Pen of spreading fake news about him about having a veiled offshore fund.

Thu, 04 May 2017 12:33:59 GMT

Germany expects more cyber attacks before national election

Germany's local intelligence bureau stated it expected more cyber attacks aimed against the country's authorities and politicians before the election on September 24.

Thu, 04 May 2017 12:26:45 GMT

Google to pay $334M to settle Italy tax controversy

Google agreed to pay $334M to settle a tax controversy with the Italian government to cover the period from 2002 to 2015.

Thu, 04 May 2017 11:19:56 GMT

Nokia to slash nearly 200 job positions in Finland

The network hardware maker Nokia is eager to continue job slashing in Finland and cut down about 200 positions amid company's strong decline in demand in the world network market.

Thu, 04 May 2017 11:19:37 GMT

Global food prices drop 1.8% in April

The UN Food and Agriculture Organisation reported on Thursday that the world prices of food plunged 1.8% to 168 points over the month of April.

Thu, 04 May 2017 09:52:18 GMT

UBS might increase payouts

The UBS Group AG might increase the payouts the company is making to its shareholders, if the legal and regulatory costs of the company decrease in the future.

Thu, 04 May 2017 09:51:39 GMT

Prince Philip of UK steps down

The husband of Queen Elizabeth, Prince Philip, is stepping down from carrying on with his royal duties later this year. The decision comes as no surprise, as the prince is 95 years old.

Thu, 04 May 2017 09:26:50 GMT

UK Services PMI hits 55.8 in April

Markit reported on Thursday that UK services activity rose to 55.8 in April, while analysts anticipated a slight drop to 54.6.

Thu, 04 May 2017 09:06:48 GMT

VW renews diesel cars sales after US emissions scandal

The German automaker Volkswagen resumed its diesel vehicles sales in the US last month after the emissions scandal that led to company's sales bar of 11K new 2015 diesel cars.

Thu, 04 May 2017 08:30:39 GMT

Amazon introduces fresh grocery service to Germany

On Thursday, Amazon started to deliver fresh groceries to their Prime members in Berlin and Potsdam who would be able to choose from 85K of products, including coffee, bread and chocolate from 25 domestic stores.

Thu, 04 May 2017 08:18:24 GMT

Shell hits $71.8B in Q1 revenue

Shell exceeded analysts' expectations by posting its revenue of $71.8B for the first quarter, beating the estimates of $70.62B.

Thu, 04 May 2017 07:31:33 GMT

System bug hits WhatsApp causing global outage

On Wednesday, Facebook-owned messenger WhatsApp was hit by a massive outage during the next few hours that led to inability for users to access the application.

Thu, 04 May 2017 07:11:32 GMT

Spanish employment improves markedly in April

According to the Spanish Employment Ministry, the number of unemployed Spaniards fell 129.3K in April, exceeding analysts' expectations for a 78.2K drop.

Thu, 04 May 2017 06:30:48 GMT

Google users become targets of hacking campaign

On Wednesday, Google users became victims of the spam campaign's malicious link to Google Docs that obtained all the private information without using the users' passwords.

Thu, 04 May 2017 06:24:33 GMT

EU calls Trump to adhere to Paris climate pact

The European Union intends to persuade the US President Donald Trump to stick to the Paris climate agreement after Trump's advisers warned of legal issues in case the White House stayed in.

Thu, 04 May 2017 04:52:57 GMT

Asian Development Bank urges to upkeep free trade

The President of the Asian Development Bank, Takehiko Nakao, is urging regional economies to not stray away from maintaining free trade for the purpose of continued growth.

Thu, 04 May 2017 04:52:18 GMT

Next leader of Hong Kong gives pledge

The next leader of Hong Kong, Carrie Lam, on Thursday announced that she will heal the social and political divides and return the city to its "normal course."

Thu, 04 May 2017 04:26:35 GMT

Trump promises Israeli-Palestinian peace

The President of the United States gave a vow on Wednesday, that he will do what is necessary to achieve peace between Israel and Palestine.

Thu, 04 May 2017 04:25:51 GMT

US healthcare bill vote set on Thursday

The efforts of Donald Trump to repel Obamacare gave results on Wednesday, as the leaders of the Republican Party have submitted revised legislation for a vote to the House of Representative. The voting will take place on Thursday.

Thu, 04 May 2017 03:07:00 GMT

China's services PMI falls to 51.5 in April

According to the Caixin survey, the Chinese services PMI declined for the fourth consecutive month in April, falling to 51.5 points from 52.5 registered in March.

Thu, 04 May 2017 02:59:23 GMT

Apple to invest $1B into US advanced manufacturing fund

Apple plans to invest $1B in US companies that execute advanced manufacturing, CEO Tim Cook said, showing the company's latest effort to boost US job creation.

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