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UK Manufacturing PMI reaches highest level in 30 months
Wed, 04 Jan 2017 08:36:10 GMT
 
The Manufacturing Purchasing Managers' Index climbed to 56.1 in December, up from 53.6 in November, official figures revealed on Tuesday. >>
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US manufacturing activity and construction spending rise more than expected
Wed, 04 Jan 2017 08:36:00 GMT
 
Growth in the US economy's manufacturing sector improved more than expected last month, official figures revealed on Tuesday. >>
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Identity of Istanbul gunman established
Wed, 04 Jan 2017 08:28:17 GMT
 
Turkey's Foreign Minister announced that the identity of the Istanbul night club attacker who killed 39 people has been established. However, the gunman remains at large. >>
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Over 150 inmates escape in armed jailbreak in Philippines
Wed, 04 Jan 2017 07:06:43 GMT
 
A jail in the southern Philippines was stormed by armed men reportedly linked to Muslim rebels. The incident left one guard dead and 158 inmates at large. >>
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ExxonMobil to sever ties with Rex Tillerson
Wed, 04 Jan 2017 07:06:02 GMT
 
The company and its ex-CEO reached a severance agreement over conflict-of-interest requirements imposed on Tillerson as he is set to become the US Secretary of State. >>
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Toshiba shares fall over profit misreporting allegations
Wed, 04 Jan 2017 06:27:38 GMT
 
The shares lost almost 7% after it was reported that the Securities and Exchange Surveillance Commission would submit accounting fraud allegations against the company. >>
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Chinese discipline watchdog releases internal corruption documentary
Wed, 04 Jan 2017 06:27:25 GMT
 
The Central Commission of Discipline and Inspection made a documentary on graft within the institution, underscoring the Chinese President's unyielding anti-corruption campaign. >>
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Emergency rule in Turkey gets second extension
Wed, 04 Jan 2017 05:38:22 GMT
 
Turkish parliament voted in favor of another three-month extension of emergency rule that was imposed after the July 15 failed military coup attempt. >>
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US Senate receives resolution to repeal Obamacare
Wed, 04 Jan 2017 05:38:10 GMT
 
The budget resolution was introduced by the Senate budget committee chairman and is said to allow the Republicans to pass the decision without any votes from the Democrats. >>
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Central bankers postpone reform meeting
Tue, 03 Jan 2017 21:16:21 GMT
 
The global leading central bankers have called off the meeting on 8 January regarding the major banking sector reforms amid lack of time for finalising details. >>
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Indian supreme court forbids religion from election campaigns
Tue, 03 Jan 2017 21:16:12 GMT
 
India's top court has banned candidates, whose election campaigns were based on religion or caste, since such win would be considered as corrupted.  >>
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Intel to purchase 15% of HERE's shares
Tue, 03 Jan 2017 20:23:41 GMT
 
Intel, the US chip maker, is planning to obtain 15% of the German mapping company HERE's stakes amid future plans to enter the automated driving technology market.  >>
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Ford cancels Mexican plant on Trump's criticism
Tue, 03 Jan 2017 20:23:23 GMT
 
Ford Motor announced that the planned investment of $1.6B in Mexican plant will be cancelled amid Trump's criticism towards the Mexico investment plan.  >>
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ChemChina and Syngenta's merge delays on EU regulators
Tue, 03 Jan 2017 19:18:37 GMT
 
The EU antitrust regulators decided to prolong the merge deadline between ChemChina and Syngenta amid ChemChina's $43B bid made 2 months ago. >>
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Volkswagen encounters first case over emissions
Tue, 03 Jan 2017 19:18:20 GMT
 
MyRight, the German consumer rights group, raised the issue against Volkswagen over the emissions and accused the automaker of breaching the EU law.  >>
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