News

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Thu, 11 Jan 2018 02:52:07 GMT

Australian retail sales rebound in November

The ABS reported on Thursday that retail sales jumped 1.2% in November, following the preceding month's 0.5% increase, while analysts anticipated a gain of 0.4%.

Thu, 11 Jan 2018 02:51:08 GMT

Mexico to leave NAFTA if Trump triggers US withdrawal

Official Mexican sources reported that Mexico would leave the NAFTA re-negotiation if the US President Donald Trump announces the withdrawal of the US.

Wed, 10 Jan 2018 20:54:33 GMT

Manhattan to experience increased rent growth

On Wednesday, Cushman & Wakefield reported that the upcoming unprecedented wave of new construction in Manhattan would lead to steep rent growth.

Wed, 10 Jan 2018 20:53:29 GMT

Toyota, Mazda announce plan for US joint-venture assembly plant

Toyota and Mazda reported on Wednesday they would build their joint-venture assembly plant worth $1.6B in Alabama.

Wed, 10 Jan 2018 20:09:31 GMT

Brazilian police call US region's major illegal gun supplier

A report released by the Brazilian Federal Police on Wednesday showed that the US was the biggest supplier of illegal guns to Brazil.

Wed, 10 Jan 2018 19:56:36 GMT

Canada forecasts US withdrawal from NAFTA

Sources close to the matter reported that Canada expected the US President Donald Trump to announce the withdrawal of the United States from the NAFTA soon.

Wed, 10 Jan 2018 18:50:54 GMT

California proposes $131.7B budget for 2018-19

The Governor of California Jerry Brown proposed a general fund budget of $131.7B for the following 2018-19 fiscal year, a 5.0% rise from the ongoing fiscal year.

Wed, 10 Jan 2018 18:02:32 GMT

US import prices rise by smallest in five months

The US import prices marked their weakest gain in five months, rising 0.1% in December, amid decreasing costs for consumer goods and food.

Wed, 10 Jan 2018 18:01:37 GMT

Canadian building permits tumble in November

Statistics Canada reported that the value of the country's building permits fell more than anticipated 7.7% in November deu to fewer intentions for industrial and commercial buildings.

Wed, 10 Jan 2018 16:38:32 GMT

US wholesale inventories increase 0.8%

The US wholesale inventories rose more than anticipated 0.8% in November, indicating that inventory investment is likely to contribute to the country's economic growth in the Q4.

Wed, 10 Jan 2018 16:38:02 GMT

Britain's trade deficit widens in November

The ONS data revealed that Britain's goods trade deficit widened to £12.2B in the month of November, despite expectations for narrowing to £10.7B.

Wed, 10 Jan 2018 16:21:42 GMT

UK manufacturing output grows 0.4%

Britain's manufacturing production increased 0.4% in November, fostering the yearly growth of 2.5%, the Office for National Statistics stated.

Wed, 10 Jan 2018 16:21:12 GMT

France's industrial production decreases in November

French industrial production dropped 0.5% in November, following a downwardly revised 1.7% gain in the prior month, the INSEE report showed.

Wed, 10 Jan 2018 15:33:49 GMT

Poland seeks to ease tensions with EU

On Wednesday, Poland's new Prime Minister Mateusz Morawiecki stated that the country hoped for de-escalation of tensions with the EU bloc by a further dialogue.

Wed, 10 Jan 2018 15:25:34 GMT

Trump open for dialogue with North Korea

The US President Donald Trump told his South Korea's counterpart Moon Jae-in that he was open to a dialogue with North Korea, the South's authorities reported on Wednesday.

Wed, 10 Jan 2018 13:51:33 GMT

US Senator urges Apple to report on slowing iPhones

The US Senate committee's chairman called on Apple to report on the company's disclosure that it had slowed the older iPhones with flagging batteries.

Wed, 10 Jan 2018 13:51:22 GMT

Catalan parties to back ex-leader as regional head

Catalonia's pro-independence parties agreed to support the self-exiled former leader Carles Puigdemont as region's President in a new attempt to split from Spain that is likely to happen this year.

Wed, 10 Jan 2018 13:15:56 GMT

Uber agrees to pay $3M settlement to NY drivers

Uber Technologies has reached a $3M settlement with New York driver who filed a suit against the ride-hailing company accusing it of docking extra fees from their fares.

Wed, 10 Jan 2018 13:08:40 GMT

85 civilians killed by Syria's forces in besieged zone

According to the UN human rights chief, Syria's government forces killed no less than 85 civilians in attacks against the Eastern Ghouta besieged rebel-held enclave since December 31.

Wed, 10 Jan 2018 12:31:48 GMT

Russia calls Turkey to severe control over Idlib

Russian Defence Ministry called Turkey‘s military to severe control over Syria's Idlib de-escalation zone, following an attack of drones on Russia's bases last week.

Wed, 10 Jan 2018 12:08:49 GMT

Carphone Warehouse fined £400K over data breach

On Wednesday, British information regulator stated it had fined Carphone Warehouse £400K, following a cyber attack in 2015 that exposed over 3M customer personal data.

Wed, 10 Jan 2018 10:56:09 GMT

Indonesian election won't affect reforms

The finance minister of Indonesia has announced that the regional elections of the country will not affect the ongoing economic reform program.

Wed, 10 Jan 2018 10:55:22 GMT

Investors back up Ryanair

Various institutional investors have announced that they will continue to back Ryanair after various mess ups during 2017.

Wed, 10 Jan 2018 10:31:50 GMT

Iran to sign €5.0B investment deal with Italy

According to a Treasury source, Iran and Italy will sign a €5.0B investment agreement on Thursday whereby Italy will help the country's firms invest in Iran.

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