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FedEx expects $75M higher costs of TNT integration
Thu, 21 Sep 2017 02:00:49 GMT
 
Package delivery firm FedEx stated that it is likely to incur nearly $350M in integration costs during the company's acquisition with TNT in 2018, some $75M higher than expected. >>
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Afghan President says Trump's strategy likely to succeed
Wed, 20 Sep 2017 20:15:54 GMT
 
Afghanistan's President Ashraf Ghani said that the strategy of the US President Donald Trump to win the Afghan war would succeed due to stronger army and more regional approach. >>
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California files lawsuit against Trump administration over border wall
Wed, 20 Sep 2017 20:12:59 GMT
 
California Attorney General Xavier Becerra announced on Wednesday that the American state was to file a lawsuit over Trump's plan to build a border wall with Mexico. >>
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Cargill CEO says worst scenario for NAFTA is ‘torn-up' deal
Wed, 20 Sep 2017 18:57:57 GMT
 
The worst-case scenario for Canada, the US and Mexico would be the liquidation of the NAFTA deal, the Chief Executive of Cargill David MacLennan noted on Wednesday. >>
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Fed leaves interest rates unchanged, signals to another hike in 2017
Wed, 20 Sep 2017 18:56:20 GMT
 
The US Federal Reserve made no changes to interest rates on Wednesday; however, it signalled to a possible hike by the end of 2017. >>
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Airbus opens Chinese A330 plant due to market push
Wed, 20 Sep 2017 17:57:06 GMT
 
Airbus opened its China's completion plant for its A330 aircrafts, hoping that higher presence in the aviation market would boost demand for the company's jets. >>
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BlackBerry and Delphi to partner on software system
Wed, 20 Sep 2017 17:56:48 GMT
 
Auto suppliers BlackBerry and Delphi Automotive are set to partner on developing a software system for self-driving vehicles, the companies announced. >>
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Germany says no signs of cyber attacks ahead of September election
Wed, 20 Sep 2017 16:56:19 GMT
 
Germany's government officials and experts said that there were no signs of suspicious news leaks or hacking before the German federal election scheduled on September 24. >>
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Economists suggest BoE mistake in raising rates now
Wed, 20 Sep 2017 16:55:48 GMT
 
The Bank of England is widely expected to hike interest rates for the first time in ten years at the next meeting in November, while economists sees such a move >>
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Japan's Abe pledges "daring" policies to fuel economic growth
Wed, 20 Sep 2017 16:08:52 GMT
 
Japan's PM Shinzo Abe promised to implement "daring" policies targeting the budget, regulation and taxes to promote investments in the country. >>
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General Mills reports smaller profit on weak cereal, yogurt sales
Wed, 20 Sep 2017 16:06:21 GMT
 
General Mills revealed that the company's quarterly profit rose less than expected being affected by weaker sales of cereals and yogurts in North America. >>
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US existing home sales drop to yearly low
Wed, 20 Sep 2017 15:15:02 GMT
 
The National Association of Realtors revealed that home resales in the US decreased 1.7% to the weakest level in a year over the course of August, as hurricanes depressed activity. >>
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Britain's retail sales jump 1.0% in August
Wed, 20 Sep 2017 15:13:48 GMT
 
The Office for National Statistics reported that the UK retail sales a marked stronger-than-expected increase of 0.1% in August, fuelling expectations for the BoE rate hike in November. >>
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Dukascopy Indicator Afternoon Release of 20.09
Wed, 20 Sep 2017 14:45:25 GMT
 
Dukascopy Aggregate Technical Indicator for 30 min and 1H time frame charts for major pairs for the last 144 periods till 15:30 GMT. >>
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Sika seeks to accelerate acquisition drive
Wed, 20 Sep 2017 14:33:09 GMT
 
Swiss chemical group Sika is willing to step up the acquisition drive with more deals in the following 15 months, aiming to buy about six firms by the next year's >>
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