News

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Thu, 14 Dec 2017 03:27:13 GMT

Chinese property investment growth slows to 7.5% in January-December

Real estate investment in China increased 7.5% in January-November from the similar period a year ago, slowing from a 7.8% rise in the first ten months of the year, official report stated.

Thu, 14 Dec 2017 03:26:22 GMT

Britain's RICS house price balance flat in November

The UK house prices were unchanged in a three months period to November for the first time since March 2013, as prices' decrease in the area of London dragged the country's average.

Wed, 13 Dec 2017 20:53:19 GMT

Mexican authorities say cryptocurrencies are risky investments

On Wednesday, the Finance Ministry of Mexico and the state's Central Bank said cryptocurrencies were dodgy investments and warned that ICOs could be a crime.

Wed, 13 Dec 2017 20:52:03 GMT

Delta to order 100 Airbus A321neo planes

According to sources with knowledge on the matter, Delta Air Lines may place an order for 100 Airbus A321neo planes, as the company seeks to narrow the order gap with Boeing.

Wed, 13 Dec 2017 20:14:42 GMT

Temer: economy to suffer if pension reform fails

The President of Brazil Michel Temer said on Wednesday that the state's economy might suffer in case the social security reform bill is not passed by the Congress.

Wed, 13 Dec 2017 20:13:40 GMT

Fed hikes interest rates

The Federal Reserve increased the federal funds rate by 0.25% to a target range of 1.25%-1.50%, though still left the 2018 policy outlook unaltered.

Wed, 13 Dec 2017 18:53:16 GMT

Saudi King Salman wants to tackle corruption

On Wednesday, Saudi Arabia's King Salman bin Abdulaziz said that the kingdom's government relentlessly wanted to tackle corruption.

Wed, 13 Dec 2017 18:52:54 GMT

T-Mobile to set up new TV service next year

The third-largest wireless carrier in the US T-Mobile unveiled its plans to launch a brand new television service next year as well as to acquire Layer3 TV.

Wed, 13 Dec 2017 18:17:09 GMT

Omarosa Manigault Newma resigns from White House

Trump's spokesperson Sarah Sanders revealed that Omarosa Manigault Newman, a close aide to the US President Donald Trump, had left the White House.

Wed, 13 Dec 2017 18:16:18 GMT

House and Senate strike deal on tax reform legislation

On Wednesday, the US Senate Finance Committee Chairman Orrin Hatch revealed the House of Representatives and the Senate had struck a deal on tax legislation.

Wed, 13 Dec 2017 17:14:08 GMT

EA19 employment up by 0.4% in Q3

Eurostat reported on Wednesday that EA19 employment rose by 0.4% in the Q3 of 2017, while the EU28 employment advanced by 0.3% over the same period.

Wed, 13 Dec 2017 17:11:45 GMT

US crude oil stockpiles down by 5.1M barrels last week

Data released by the Energy Information Administration showed that the US crude oil inventories fell by 5.1M barrels last week, while economists had predicted a decrease of 3.8M barrels.

Wed, 13 Dec 2017 16:09:48 GMT

US CPI in line with forecasts in November

The US Bureau of Labour Statistics reported that the Consumer Price Index advanced 0.4% over the course of November, in line with market projections.

Wed, 13 Dec 2017 16:08:53 GMT

Euro area industrial production up 0.2% in October

According to the data released by Eurostat on Wednesday, industrial production in the Euro area was up 0.2% in October, topping analysts' expectations.

Wed, 13 Dec 2017 15:16:45 GMT

British airlines to lose flying rights after Brexit

The European Union warned the British airlines they would lose all the flying rights after Britain's withdrawal from the EU, bloc's executive stated in a note.

Wed, 13 Dec 2017 15:01:29 GMT

Czech government to seek vote of confidence in January

The Czech government would seek a confidence vote on January 10, the Prime Minister Andrej Babis stated on Wednesday after his minority Cabinet had been sworn in.

Wed, 13 Dec 2017 14:32:16 GMT

Minnesota to name Lieutenant Governor Smith as US senator

Minnesota's Democratic Lieutenant Governor Tina Smith is appointed to replace the US senator Al Franken, following his resignation over accusations of sexual harassment.

Wed, 13 Dec 2017 14:27:15 GMT

British Parliament to vote on final Brexit agreement

Britain's Prime Minister Theresa May stated that lawmakers from the both Houses of the Parliament would vote on the final Brexit agreement over its withdrawal from the bloc.

Wed, 13 Dec 2017 13:34:00 GMT

Czech Babis-led minority Cabinet appointed on Wednesday

On Wednesday, the President of Czech Republic Milos Zeman appointed the minority Cabinet, which is led by the Prime Minister Andrej Babis who is set to represent the country at the EU summit this week.

Wed, 13 Dec 2017 13:15:06 GMT

Apple plans to invest $390M in chipmaker Finisar

Apple will invest $390M in the chipmaker Finisar, as it is planning to build a factory in Texas to produce chips that support iPhone's features like animojis, face ID and portrait-mode selfies.

Wed, 13 Dec 2017 12:25:54 GMT

China to relax business requirements for foreign banks

Chinese bank regulator announced on Wednesday that China would ease business curbs for foreign banks in the government bonds, as part of a drive to open up its financial sector.

Wed, 13 Dec 2017 12:18:30 GMT

German firms to invest €2B in German fiber build-out

German companies EWE AG and Deutsche Telekom are partnering to invest €2B in a build-out of a superfast glass-fiber broadband network in Germany.

Wed, 13 Dec 2017 11:16:39 GMT

South Korea considers crypto tax

On Wednesday South Korean officials announced that capital gains from cryptocurrencies might be soon taxed.

Wed, 13 Dec 2017 11:16:06 GMT

Germany's SPD set demands

The social democrats of Germany on Wednesday announced that they would work with Merkel only if voters would get a "fair deal".

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