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AT&T closes $85B deal to acquire Time Warner
Fri, 15 Jun 2018 02:55:20 GMT
 
The second largest wireless carrier AT&T closed its $85B deal to acquire media firm Time Warner after the US antitrust regulators indicated that they would not seek a delay. >>
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China house prices up 0.7% in May
Fri, 15 Jun 2018 02:40:49 GMT
 
New home prices in Chine grew 0.7% month-over-month in May, following a gain of 0.5% in April, revealing the strongest expansion since June 2017, the NBS data revealed. >>
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Manufacturing activity in New Zealand slows in May
Fri, 15 Jun 2018 02:38:08 GMT
 
The Business NZ report showed that the Manufacturing Index dropped to 54.5 in May after 59.1 in April, while stalling in the Employment Index was raising concerns. >>
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French CB trims growth forecast to 1.8% in 2018
Thu, 14 Jun 2018 20:19:55 GMT
 
France's economic growth is likely to weaken slightly more than anticipated this year, as higher prices of oil weighed on activity, the country's Central Bank stated. >>
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Xapo, itBit get US regulator approval for digital currency services
Thu, 14 Jun 2018 20:19:15 GMT
 
The New York DFS granted a license for Xapo to offer a vault and digital currency service and approved itBit application to provide custody services and trade four virtual currencies. >>
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US import prices grow markedly in May
Thu, 14 Jun 2018 19:08:09 GMT
 
The US Labour Department stated that the country's import prices rose strongly 0.6% in May, supported by a rise in the cost of food and petroleum products. >>
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ECB keeps rates unchanged, set to end QE in December
Thu, 14 Jun 2018 19:07:23 GMT
 
The European Central Bank announced the monetary policy decision to keep rates on hold, as widely expected, adding that it is set to wind up the QE program in December. >>
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IMF advice US against its protectionist trade policies
Thu, 14 Jun 2018 18:38:19 GMT
 
The International Monetary Fund advised the United States on Thursday that President Donald Trump's new import tariffs may endanger the world trading system. >>
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Protests in South Africa over wage demands
Thu, 14 Jun 2018 18:35:47 GMT
 
South Africa's labour unions have threatened a total closedown of Eskom, the state-controlled electricity outages unless their demands are met for a 15 percent pay rise. >>
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US consumer spending increases in May
Thu, 14 Jun 2018 17:20:57 GMT
 
The United States retail sales accelerated more in the second quarter than expected, as consumers bought a range of goods. The latest sign, that the economic growth is increasing. >>
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US and Canada agreed to continue talking about NAFTA
Thu, 14 Jun 2018 17:15:20 GMT
 
Canadian Foreign Minister Chrystia Freeland said on Thursday, that the United States and Canada have agreed to continue discussion regarding a NAFTA deal. >>
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ECB sets to stop stimulus program
Thu, 14 Jun 2018 16:37:42 GMT
 
The European Central Bank will meet on Thursday to debate if to end its assets purchases by the end of 2018. >>
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New York sues Donald Trump foundation due to illegal behavior
Thu, 14 Jun 2018 16:35:27 GMT
 
On Thursday, the New York attorney general Barbara Underwood sued the Trump foundation, claiming the nonprofit engaged in some illegal activities including support of his 2016 campaign. >>
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VW might face additional fines for diesel emission cheat
Thu, 14 Jun 2018 15:07:32 GMT
 
German authorities are still evaluated whether to impose additional fines on the car manufacturer Volkswagen in relation to cheated US diesel emission tests. >>
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Nokia chooses Wipro to digitalise order management
Thu, 14 Jun 2018 15:06:46 GMT
 
Nokia plans to collaborate with the India-based IT services provider Wipro Ltd for the designing and digitalisation of its sales order operations. >>
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