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Macy's set to restructure its merchandising unit
Tue, 22 Aug 2017 03:32:03 GMT
 
Macy's announced that the company would restructre its merchandising unit and merge it with private and planning brands, which is likely to result in 100 jobs cut. >>
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Trump to visit town near US-Mexican border in Arizona
Tue, 22 Aug 2017 03:31:46 GMT
 
Donald Trump would attend a border protection object located in a town near the US-Mexican border in Arizona, while looking for funding for the wall he intended to build. >>
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OPEC to discuss extending or ending production cuts this Autumn
Tue, 22 Aug 2017 02:09:44 GMT
 
Kuwait Oil Minister stated that OPEC is expected to discuss at a November's meeting wether to end or extend production cuts. >>
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Lockheed wins $427M US defence contract
Tue, 22 Aug 2017 02:08:15 GMT
 
Lockheed Martin and its subsidiary Lockheed Martin Aeronautics were awarded a $427M worth contract for pilot flight equipment and ancillary military equipment. the Pentagon stated. >>
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Saudis to transfer airports ownership to sovereign fund
Mon, 21 Aug 2017 19:51:02 GMT
 
Saudi Arabia is set to move ownership of all airports to the Public Investment Fund, the country's major sovereign wealth fund, in privatization drive. >>
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J&J requested to pay $417M in lawsuit on talc cancer risks
Mon, 21 Aug 2017 19:50:53 GMT
 
California jury ordered the Johnson & Johnson to pay nearly $417M to a woman claiming the development of ovarian cancer since she used the Johnson's talc-based products >>
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China to boost financing guarantee services for small businesses
Mon, 21 Aug 2017 19:20:42 GMT
 
China is likely to enhance financing guarantee services provided for micro and small companies and the rural sector, rules published by the cabinet revealed. >>
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EFTA court to offer way-out for UK after Brexit
Mon, 21 Aug 2017 19:18:31 GMT
 
The court of the EFTA is set to suggest a way-out for the United Kingdom, as it was looking for a new power to arbitrate in disputes following the EU >>
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Germany records deficit despite high tax revenues in July
Mon, 21 Aug 2017 18:07:12 GMT
 
The German government reported a budget deficit recorded in July, as record-high tax revenues were outweighed by increasing public expenditure. >>
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JPMorgan promises to provide up to $2M to fight racism
Mon, 21 Aug 2017 18:06:29 GMT
 
JPMorgan stated on Monday that the company would contribute up to $2M to support human rights and fight racism after white nationalist rally, which was in Virginia. >>
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OPEC oil supply likely to fall in August
Mon, 21 Aug 2017 17:15:48 GMT
 
OPEC oil supply would drop by 419K barrel per day in August, a company tracking OPEC shipments said, amid expectations for lower exports from Saudis and other producers' cuts >>
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McDonald's to close 169 outlets in India
Mon, 21 Aug 2017 17:14:07 GMT
 
Fast food company McDonald's announced plans to close all the 169 restaurants in eastern and northern regions of India due to dispute with local partner. >>
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Maersk to sell gas, oil branch to Total
Mon, 21 Aug 2017 16:23:27 GMT
 
Danish company Maersk signed an agreement on selling the company's gas and oil business to France's Total for $7.45B in a combined debt and share transaction. >>
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Norway faces weakest population growth in Q2 since 2016
Mon, 21 Aug 2017 16:22:21 GMT
 
Statistics Norway revealed that the weak growth of births and immigrations resulted in the lowest increase of population in the June quarter since 2016. >>
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Britain ready to move onto Brexit talks second phase
Mon, 21 Aug 2017 15:16:54 GMT
 
The UK was confident that its Brexit negotiations with the EU were making enough progress to move to a next phase in the talks to discuss its further cooperation by >>
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