News

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Fri, 29 Sep 2017 17:02:03 GMT

US personal income up 0.2% in August

The US Bureau of Economic Analysis reported on Friday that personal income in the country was up 0.2%, or $28.6B, in August.

Fri, 29 Sep 2017 16:01:18 GMT

Canadian GDP flat in July

According to Statistics Canada, the country's real GDP was unchanged over the month of July after expanding for eight straight months.

Fri, 29 Sep 2017 16:00:15 GMT

Italian September CPI drops 0.3%

Preliminary figures released by Istat on Friday revealed that the Italian Consumer Price Index for the month of September was down 0.3%.

Fri, 29 Sep 2017 14:56:11 GMT

UK Q2 final GDP unchanged at 0.3%

The final estimate of the UK's gross domestic product showed that the country's economy expanded 0.3% in the Q2 of 2017, unchanged from the second estimate.

Fri, 29 Sep 2017 14:55:07 GMT

UK current account deficit widens in Q2

Data released by the Office for National Statistics on Friday revealed that current account deficit in the United Kingdom widened £0.9B to £23.2 over the second quarter of 2017.

Fri, 29 Sep 2017 14:17:50 GMT

VW takes $3B charge to fix diesel engines in US

Volkswagen lifted its total bill for emissions-test cheating row to about $30B as it had taken another $3B charge to fix its diesel engines in the United States.

Fri, 29 Sep 2017 14:10:12 GMT

22 dead amid stampede in Mumbai

On Friday, no less than 22 people died and 36 were wounded in a stampede during a monsoon downpour at a Mumbai busy railway station.

Fri, 29 Sep 2017 13:29:15 GMT

Petrol car sales overtake diesel in EU

According to the ACEA, sales of the gasoline-powered vehicles overtook diesel in the current year's first half, first time since 2009.

Fri, 29 Sep 2017 13:14:02 GMT

Trump to visit Asia in November

The US leader Donald Trump is willing to visit the Asian countries from November 3-14 with intention to attend summits for talks over trade and North Korea's nuclear issue.

Fri, 29 Sep 2017 12:26:36 GMT

German employment improves markedly in August

The number of unemployed Germans fell 23K in August, exceeding analysts' expectations for a 5K drop, and compared to the prior month's upwardly revised reading of a 6K fall.

Fri, 29 Sep 2017 12:07:43 GMT

Japan jobless rate remains on hold in August

The Statistics Bureau reported on Friday that the unemployment rate in Japan remained unchanged at 2.8% in August, fully meeting analysts' expectations.

Fri, 29 Sep 2017 10:55:58 GMT

Catalan leader vows voters to act quiet at illegal referendum

Catalonia's President Carles Puigdemont stated he was sure that the voters would act peacefully on Sunday in the independence referendum, which had been declared illegal by Spain.

Fri, 29 Sep 2017 10:55:45 GMT

China to launch third test flight of C919 jet within days

The Chinese domestically developed passenger aircraft C919 is likely to have its third flight test within days or weeks, China's Commercial Aircraft head stated o Friday.

Fri, 29 Sep 2017 09:53:55 GMT

Uber, Grab to tighten rules on deliveries in Philippines due to drug concerns

Uber and Grab are to request their drivers in the Philippines not to deliver unverified customer packages in order to protect them against unwitting drug transportation.

Fri, 29 Sep 2017 09:53:21 GMT

May says UK to remain ‘unconditionally committed' to protect Europe after Brexit

The British Prime Minister Theresa May explained on Friday that the UK would remain ‘unconditionally committed' to defend Europe after Brexit.

Fri, 29 Sep 2017 09:03:19 GMT

Macron, Merkel vow to reform EU after Brexit

The German and French leaders Angela Merkel and Emmanuel Macron pledged to lead the European Union forward after Brexit by introducing new reforms to the bloc.

Fri, 29 Sep 2017 08:54:28 GMT

Telecom Italia likely to be fined over Vivendi control

Italy may fine Telecom Italia as the company failed to notify the government that France's media group Vivendi had assumed effective control of the phone firm.

Fri, 29 Sep 2017 08:30:41 GMT

Merkel's staff chief Altmaier to replace Schaeuble as FinMin

Angela Merkel's Chief of Staff Peter Altmaier is set to take over as Germany's Finance Minister to replace Wolfgang Schaeuble after he quits the post amid his decision to become the Parliament's President.

Fri, 29 Sep 2017 07:34:59 GMT

Twitter ceases 200 Russia-linked accounts

On Thursday, Twitter stated that it had suspended around 200 Russian-linked accounts amid a probe in into the meddling with the 2016 US election; however, the US senator called the response inadequate.

Fri, 29 Sep 2017 07:11:24 GMT

South Korea sees more provocative acts by DPRK next month

South Korea stated that it expected new provocative acts by North Korea in October as it would coincide with the North's Communist Party anniversary and Chinese Communist Party Congress.

Fri, 29 Sep 2017 06:26:57 GMT

Carmakers must meet China's e-vehicle sales targets by 2019

China has settled its deadline of 2019 to introduce severe new hybrid and e-vehicles sales targets, slightly relaxing the previous plan to impose the measures from the next year.

Fri, 29 Sep 2017 05:04:25 GMT

China's M&A deals overseas jump to 2017 record high at the end of September

China's merger-and-acquisition projects overseas almost doubled to a record high of $118B by the end of September, compared to more modest Q2 2017 readings.

Fri, 29 Sep 2017 05:03:30 GMT

EU Ambassador to China urges for faster discussion on anti-protectionist reform

The EU Ambassador to China Hans Dietmar Schweisgut said the bloc hoped that the upcoming Communist Party Congress would quicken China's anti-protectionist reform.

Fri, 29 Sep 2017 04:12:53 GMT

IAEA Director says NK's progress on weapon development poses new, global threat

The Chief of the International Atomic Energy Agency said that North Korea's latest nuclear test revealed its progress towards weapons development, thus posing a new, global threat.

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