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Bank of Italy expects stronger economic growth
Sat, 15 Jul 2017 07:53:09 GMT
 
The Bank of Italy revised its forecasts for 2017 GDP growth from 0.9% to 1.4% amid more favorable developments in the energy raw materials market as well as in foreign >>
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Beijing invests $31.69B to improve people's well-being
Sat, 15 Jul 2017 07:52:01 GMT
 
Beijing invested $31.69B in public service, environment and infrastructure in the past five years, which amounted more than 90% of total government investment. >>
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Mercedes-Benz to recall cars in China amid brake problem
Sat, 15 Jul 2017 07:23:11 GMT
 
Mercedes-Benz started recalling 16K cars, manufactured within the year ended April 2013 and then imported to China, due to a brake booster issue. >>
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Slovenian President wants more cooperation with China in sciences
Sat, 15 Jul 2017 07:21:09 GMT
 
Slovenian President voiced willingness to strengthen cooperation with China in science and technologies while meeting a delegation of China's scientists. >>
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Australia to join UN Human Rights Council
Sat, 15 Jul 2017 06:10:41 GMT
 
As reported by the Herald Sun paper on Saturday, Australia is set to join the UN Human Rights Council following the decision of France to withdraw from the process. >>
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Bank of Communications to put $1B in HK subsidiary
Sat, 15 Jul 2017 06:10:10 GMT
 
In a statement released late on Friday, Bank of Communications said it was ready to invest $1.01B to set up a new Hong Kong unit that will deal with private >>
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Russian FM: Russia is ready to expel US diplomats
Sat, 15 Jul 2017 05:02:43 GMT
 
Russia is ready to expel US diplomats and seize diplomatic property in a tit-for-tat action unless Washington returns confiscated Russian property, the Russian Foreign Ministry says. >>
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China's fiscal revenue rises sharply
Sat, 15 Jul 2017 05:01:52 GMT
 
China's fiscal revenue increased by 8.9% to $251B in June, compared to the same period the previous year, according to data from the Finance Ministry. >>
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Ashley Madison parent to pay $11.2M over data breach
Sat, 15 Jul 2017 04:30:58 GMT
 
The parent company of the Ashley Madison adultery website agreed to pay $11.2M to settle US litigation brought by clients whose personal data leaked to the Internet in July 2015.  >>
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Mexico FM: NAFTA talks increase economic uncertainty
Sat, 15 Jul 2017 04:29:15 GMT
 
Talks with Canada and the United States to review the North American Free Trade Agreement (NAFTA) create economic uncertainty, the Mexican Finance Minister Jose Antonio Meade says. >>
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Fed may wind down its balance sheet in September, says Kaplan
Fri, 14 Jul 2017 20:03:11 GMT
 
Dallas Federal Reserve Bank President Robert Kaplan said that the Fed might allow to reduce its $4.5T balance sheet in September, but told to be patient on interest rate hikes. >>
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Sources: Toyota to invest $310M in UK plant
Fri, 14 Jul 2017 19:54:35 GMT
 
The Japanese car manufacturer Toyota Motor Corporation plans to invest more than $310M in a UK plant after securing post-Brexit trading arrangements with the British government. >>
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CalPERS reports 11.2% increase in annual return
Fri, 14 Jul 2017 19:10:03 GMT
 
The California Public Employees' Retirement System reported a 11.2% preliminary return on investment for the fiscal year ended June 30, compared to 0.61% last year. >>
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Shares of AstraZeneca fall to two-month low over uncertainty
Fri, 14 Jul 2017 19:04:07 GMT
 
Shares of the Anglo-Swedish drug maker AstraZeneca fell at a two-month low on Friday in response to uncertainty over a possible merger with Israel's Teva Pharmaceutical Industries. >>
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Floods and landslides kill more than 80 in India
Fri, 14 Jul 2017 17:54:32 GMT
 
More than 80 people had died in floods and landslides caused by torrential rain in northeast India, officials reported on Friday. >>
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