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Electric car industry leads to lower gasoline demand in Asia
Fri, 12 May 2017 05:28:55 GMT
 
Vehicle fuel demand in Asia risks falling much earlier than anticipated, due to an increased number of people in China and India continuing to buy electric cars, which would ultimately >>
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Oil prices refrain from rising further over production cut expectations
Fri, 12 May 2017 05:14:25 GMT
 
Prices for oil stabilised on Friday, amid further expectations of OPEC output cut extending by this year's end, as well as the US Oil Inventories showing the weakest reading since >>
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US and China to expand meat trade
Fri, 12 May 2017 04:31:04 GMT
 
Late on Thursday, the US Secretary of Commerce, Wilbur Ross, said that in order to reduce the US trade deficit with China the two countries would expand been and chicken >>
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Hyundai and Kia to recall thousands of vehicles from South Korea
Fri, 12 May 2017 04:23:58 GMT
 
On Friday, the Kia Motors Corporation and the Hyundai Motor Company stated that they would have to comply with the South Korean Transport Ministry's order to recall 240,000 vehicles from >>
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Finance chiefs from G7 meet in Italy to gauge US policy plans
Fri, 12 May 2017 03:07:58 GMT
 
G7 finance leaders arrived in Italy for a two-day meeting to discuss the US government plans as well as international tax rules, inequality and cyber security. >>
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PBoC lends $66.52B through MLF
Fri, 12 May 2017 03:05:39 GMT
 
China's central bank said in the statement that it injected $66.52B into country's financial system through Medium-term Lending Facility loans and kept interest rates unchanged. >>
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White House stays without naming anyone to board of Fed
Fri, 12 May 2017 02:23:09 GMT
 
White House official revealed that Donald Trump refrains naming anyone to the Fed's board for weeks, as he wants all nominees to be vetted before filling the vacancies. >>
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EU looks for urgent negotiations with US over aviation security
Fri, 12 May 2017 02:19:53 GMT
 
The EU requires urgent talks with the United States over restriction for European countries to allow their airline passengers to take along laptops as the US sees security threats. >>
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Macron unveils list of 428 candidates
Thu, 11 May 2017 19:56:04 GMT
 
The French President elect Emmanuel Macron on Thursday unveiled a list of 428 candidates for June's parliamentary elections, 52% of whom were new to politics and half of whom were >>
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Macy's shares slide 13% after earnings miss
Thu, 11 May 2017 19:55:44 GMT
 
Macy's Inc. reported a worse-than-expected slide in revenue for the Q1 falling short of analyst expectations on revenue and profits. >>
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Head of Russian cyber-security firm defends company amid US scrutiny
Thu, 11 May 2017 18:52:57 GMT
 
The CEO of Russia's Kaspersky Lab defended his company on Thursday as the heads of six US intelligence agencies testified on Capitol Hill that they have treated the company as >>
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Donald Trump signs cyber-security executive order
Thu, 11 May 2017 18:52:47 GMT
 
The President Donald Trump signed an executive order Thursday with the intention to tighten cyber-security of federal networks and critical infrastructure. >>
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FBI acting director Andrew McCabe promises to disclose any inference with Russian probe
Thu, 11 May 2017 18:28:41 GMT
 
The FBI's acting director promised to tell the Senate Intelligence Committee of any effort to interfere with the FBI's probe into links between Russia and the 2016 Trump presidential campaign.  >>
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Trump calls sacked FBI chief a "showboat"
Thu, 11 May 2017 18:27:27 GMT
 
The US President Donald Trump called fired FBI Director James Comey a "showboat" and "grandstander" who Trump intended to fire despite of any recommendation from the Justice Department. >>
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Netflix to create 400 new jobs in Europe
Thu, 11 May 2017 17:00:02 GMT
 
Netflix reported on Thursday that it would create 400 new jobs in its new Amsterdam-based customer service hub, as part of its worldwide expansion plan. >>
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