News

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Thu, 25 Jan 2018 21:15:11 GMT

Viacom CEO and CBS CEO discuss potential merger

Sources close to the matter reported on Thursday that the Viacom CEO Bob Bakish and the CBS CEO Leslie Moonves discussed potential merger.

Thu, 25 Jan 2018 21:14:20 GMT

Trump says he wants US Dollar to be strong

The US President Donald Trump stated on Thursday that he wanted to see the strong US Dollar, opposing comments made by the Treasury Secretary Steven Mnuchin on Wednesday.

Thu, 25 Jan 2018 19:54:54 GMT

Former AmEx CEO Kenneth Chenault joins Airbnb's board

The Airbnb CEO Brian Chesky reported on Thursday that Kenneth Chenault, the former CEO of American Express, would join the company as the first independent board member.

Thu, 25 Jan 2018 19:54:11 GMT

Robinhood to launch zero-fee cryptocurrency trading

Robinhood, a zero-fee stock trading start-up, reported on Thursday that it was planning to launch commission-free cryptocurrency trading.

Thu, 25 Jan 2018 19:30:46 GMT

CB Leading Index for US surges 0.6% last month

The Conference Board reported that its Leading Index for the US economy rose 0.6% in December, following the prior month's 0.4% climb and surpassing analysts' expectations for a 0.5% increase.

Thu, 25 Jan 2018 19:25:08 GMT

US new home sales post biggest fall in 16 months

The Census Bureau reported on Thursday that new home sales dropped 9.3% to a seasonally adjusted annual rate of 625K in December, marking the largest fall in 16 months.

Thu, 25 Jan 2018 17:59:01 GMT

Catepillar reports better-than-expected profit

Catepillar's profit surpassed analysts' expectations for the seventh consecutive quarter, being boosted by buoyant global demand that resulted in a 35% jump in equipment sales.

Thu, 25 Jan 2018 17:57:38 GMT

May's office: Trump to visit UK in 2018

According to a statement released by the UK PM's office, after a meeting at the WEF in Davos Theresa May and Donald Trump negotiated on finalising the details of Trump's visit to the UK in 2018.

Thu, 25 Jan 2018 17:07:19 GMT

NBB business morale soars in January

Official data released by the National Bank of Belgium showed that the confidence among Belgian business leaders bettered over the month of January.

Thu, 25 Jan 2018 17:06:01 GMT

US jobless claims rise last week

The US Department of Labour reported that unemployment claims were up 17K, hitting the 233K mark in the week ended January 20.

Thu, 25 Jan 2018 15:59:19 GMT

Canadian core retail sales surge in November

According to the data released by Statistics Canada on Thursday, the country's core retail sales registered a 1.6% surge over the course of November.

Thu, 25 Jan 2018 15:58:37 GMT

ECB leaves rates unchanged

The European Central Bank left its benchmark interest rate unaltered at 0.00% at today's meeting, expecting the key rates to remain at the present low levels for the time being.

Thu, 25 Jan 2018 15:34:09 GMT

Venezuela declares Spain's ambassador "persona non grata"

Venezuela stated on Thursday it had expelled the Spanish ambassador a few days after the EU imposed sanctions on the socialist government's senior officials.

Thu, 25 Jan 2018 15:29:19 GMT

American Airlines Q4 profit drops on Thursday

On Thursday, American Airlines Q4 profit fell $31M from the last year, caused by increased operating expenses due to higher fuel and labour costs.

Thu, 25 Jan 2018 14:35:11 GMT

SABIC acquires quarter of Clariant

Saudi Basic Industries has acquired 25% of Clariant's stake, finishing the Swiss group's battle with activist investors.

Thu, 25 Jan 2018 14:32:00 GMT

PM May wants Uber to remain

Britain's PM Theresa May stated on Thursday that the taxi service Uber should not be closed but instead has to comply better with safety and labour standards.

Thu, 25 Jan 2018 13:33:29 GMT

Caterpillar's profit tops estimates as sales jump 35%

On Thursday, Caterpillar beat analysts' forecasts for the Q4 profit as sales surged 35% compared to the previous year and driven by a strong demand for its mining and construction equipment.

Thu, 25 Jan 2018 13:23:06 GMT

Google launches new addition to ads settings

Google has launched a new addition to the ads settings that let users to mute the reminder ads in applications and on company's partner websites.

Thu, 25 Jan 2018 12:29:46 GMT

US invites China to joint naval drills in 2018

On Thursday, Chinese Defence Ministry stated that the United States again had invited China to attend a major naval drills hosted by the US this year, despite their strained relations over South China Sea.

Thu, 25 Jan 2018 12:17:13 GMT

JPMorgan can move over 4K jobs from Britain

JPMorgan could move over 4K job positions out of Britain, in case the Brexit negotiations result in trade agreement and regulation divergence between the European Union and Britain.

Thu, 25 Jan 2018 11:03:13 GMT

Nissan develops new slippers

Nissan Motor company has created a system for self-parking slippers. They are designed to park at an entrance of a traditional inn and be ready for guests to use.

Thu, 25 Jan 2018 11:02:35 GMT

China denies Afghan base plan

The Defence Ministry of China on Thursday denied rumors that the country is planning to create a military base on the territory of Afghanistan.

Thu, 25 Jan 2018 10:32:00 GMT

Emirates resumes capacity on some US routes

Emirates Airline is restoring the number of some flights on the US routes that it had lowered last May, following the weakened demand of the US government travel restrictions.

Thu, 25 Jan 2018 10:24:37 GMT

HNA accounts face short-term suspension this month

On Thursday, HNA Group reported some of its bank accounts had been temporarily frozen in January; however, the issue has already been resolved.

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