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Swatch expects "healthy growth" after profit plunges 47%
Fri, 03 Feb 2017 07:05:15 GMT
 
Swatch Group is expecting a return to "healthy growth" for 2017 after net profit slumped 47% to 593M Swiss francs in 2016. >>
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UK supermarkets introduce rationing over vegetable shortage
Fri, 03 Feb 2017 06:20:39 GMT
 
As Spanish crops were hit by flooding and cold weather, the UK Tesco and Morrisons decided to introduce buying limits to avoid running out of certain products. >>
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Philippines to close 23 mines
Fri, 03 Feb 2017 05:51:40 GMT
 
The country's Environment and Natural Resources department ordered the closure of mines that were found to contaminate watersheds. The decision is said to affect 1.2M people. >>
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China tightens monetary policy
Fri, 03 Feb 2017 05:28:00 GMT
 
On its first post-holiday working day the country's central bank raised the seven-, 14- and 28-day repo rates by 10 basis points and reportedly increased the SLF rate to 3.1%. >>
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Snapchat's parent company files for IPO
Fri, 03 Feb 2017 05:06:54 GMT
 
In its filing Snap sought to raise $3B, but cautioned that it expected to continue to post operating losses and that majority of voting stock would remain with its co-founders. >>
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Trump's comments drive stock and forex markets
Thu, 02 Feb 2017 22:44:09 GMT
 
On Thursday, the US stocks closed lower and the US Dollar index partially recovered from its two-month low, amid President Trump's comments about replacing the NAFTA. >>
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New US sanctions on Iran inbound
Thu, 02 Feb 2017 22:33:05 GMT
 
Due to Iran's recent ballistic missile test, the US is anticipated to sanction several Iranian entities by Saturday without violating the 2015 nuclear deal, an anonymous source reported on Thursday. >>
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Scottish parliament holds its own vote on Brexit triggering
Thu, 02 Feb 2017 21:35:16 GMT
 
Scottish parliament decided to vote on the Article 50 triggering that would formally launch the process of Brexit, even if the vote is not required. >>
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Trump wants to speed up NAFTA talks
Thu, 02 Feb 2017 21:35:07 GMT
 
The US President Donald Trump revealed a desire to speed up talks for a new trade deal with Mexico and Canada. >>
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Eleven die in Iraqi during air strikes
Thu, 02 Feb 2017 20:23:17 GMT
 
Eleven people died in four separate air strikes by the US-led coalition fighting against Islamic State in Iraq and Syria between October 25 and December 9. >>
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Romanian minister resigns after huge anti-graft protest
Thu, 02 Feb 2017 20:23:08 GMT
 
A Romanian minister resigned after hundreds of thousands of anti-corruption demonstrators took to the streets in the biggest mass protest in Romania since the fall of communism. >>
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Starbucks to speed up veteran hiring process
Thu, 02 Feb 2017 18:57:02 GMT
 
Starbucks, suffering from a social media backlash for its plan to employ refugees, said on Thursday it would accelerate the 2013 year goal of recruiting 10,000 military spouses and veterans >>
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Trump wants to speed up talks over NAFTA's future
Thu, 02 Feb 2017 18:56:41 GMT
 
On Thursday, the US President Donald Trump expressed hope that talks over the future of the NAFTA would be accelerated. >>
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Brexit Minister says UK wants mutually beneficial divorce agreement
Thu, 02 Feb 2017 17:55:55 GMT
 
David Davis, the Brexit Minister, said on Thursday Britain would strive to reach a mutually beneficial agreement with the European Union. >>
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Belarusian-Russian border zone to be restored
Thu, 02 Feb 2017 17:55:43 GMT
 
On Thursday, Belarus said Russia announced the creation of the Belarusian-Russian border zone that was abolished around 20 years ago. >>
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