News

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Thu, 07 Sep 2017 15:54:14 GMT

Hurricane Irma claims lives of eight on island of Saint Martin

Hurricane Irma is reported to have claimed lives of at least eight people on the island of Saint Martin located in the Caribbean Sea.

Thu, 07 Sep 2017 15:17:32 GMT

Euro zone GDP expands 0.6% in Q2 2017

Data released by Eurostat on Thursday revealed that the Euro area's GDP rose by 0.6% on a seasonally-adjusted basis in the Q2 of 2017.

Thu, 07 Sep 2017 15:17:13 GMT

Draghi: exchange rate crucial for inflation outlook

The European Central Bank President Mario Draghi said on Thursday that the exchange rate was not their policy target, but was still "very important" for the medium-term inflation outlook.

Thu, 07 Sep 2017 13:58:38 GMT

US revised Q2 non-farm productivity misses forecasts

According to the data released by the US Bureau of Labour Statistics, revised non-farm productivity came in at 1.5% in the second quarter of 2017, missing analysts' expectations.

Thu, 07 Sep 2017 13:58:15 GMT

US jobless claims rise to 298K last week

The US Labour Department reported that the number of people filing for unemployment benefits surged 62K to hit 298K over the course of the previous week.

Thu, 07 Sep 2017 13:28:10 GMT

Canadian building permits down 3.5% in July

Data released by Statistics Canada revealed that the country's municipalities issued $7.9B worth of building permits over the course of July, down 3.5% from the prior month.

Thu, 07 Sep 2017 13:27:24 GMT

ECB leaves rates unchanged

At its latest policy meeting, the European Central Bank decided to leave its benchmark interest rate unchanged at 0.00%.

Thu, 07 Sep 2017 11:39:10 GMT

GoPro might adjust profits

The producers of the wearable cameras expect to post high profits at the end of the year quarter. However, the third quarter profits might be adjusted to the downside.

Thu, 07 Sep 2017 11:38:40 GMT

China agrees on North Korean sanctions

On Thursday Chinese officials announced that they agree that the United Nations need to impose more sanctions on North Korea.

Thu, 07 Sep 2017 11:18:15 GMT

UN forecasts Myanmar violence caused migration

A United Nations agency on Wednesday announced that about 300,000 Muslims might flee Myanmar to the neighbouring Bangladesh.

Thu, 07 Sep 2017 11:17:45 GMT

Macron urges better relations with Turkey

In a recent interview the President of France Emmanuel Macron stated that Turkey remains a partner to the EU and ties have to be maintained.

Thu, 07 Sep 2017 10:17:21 GMT

North Korea pledges to take 'powerful measures' to counterattack sanctions

North Korea said on Thursday that 'powerful counter measures' would be taken to deal with US pressure, thus responding to sanctions planned against the country.

Thu, 07 Sep 2017 10:03:14 GMT

UN agency reports decrease in food prices in August

The price index of the UN Food and Agriculture Organisation reported on Thursday a 1.3% decrease in global food prices in August caused by exceptionally good harvests.

Thu, 07 Sep 2017 09:08:26 GMT

China supports more UN actions against North Korea

On Thursday, China agreed that the United Nations Security Council must take more action on the North Korean crisis. At the same time, China urges to solve the conflict via diplomatic means.

Thu, 07 Sep 2017 09:03:54 GMT

Poroshenko opposes early elections

On Thursday, the Ukrainian President Petro Poroshenko emphasized that he opposes both early presidential and parliamentary elections and called such proposals "irrational".

Thu, 07 Sep 2017 08:01:08 GMT

South Koreans protest against THAAD deployment

On Thursday, thousands of South Koreans clashed with law enforcement officers, protesting against the US THAAD defence system deployment.

Thu, 07 Sep 2017 08:00:58 GMT

Abe calls for quick action on North Korean crisis

On Thursday, the Japanese Prime Minister Shinzo Abe urged international community to act quickly on the escalating North Korean crisis.

Thu, 07 Sep 2017 07:14:58 GMT

South Korea's President urges Russia to support North Korean sanctions

The South Korean President Moon Jae-in said on Thursday he hoped that Russia would continue its support for North Korean sanctions.

Thu, 07 Sep 2017 07:14:27 GMT

EU to discuss additional sanctions on North Korea over nuclear test

The European Union is to discuss further sanctions on North Korea over its latest nuclear test, as the region's defence and foreign ministers meet in Tallinn, Estonia.

Thu, 07 Sep 2017 05:57:59 GMT

Hurricane Irma reaches Puerto Rico

Hurricane Irma, one of the strongest storms in Atlantic, reached the coast of Puerto Rico late on Wednesday after hitting several Caribbean Islands that resulted in casualties.

Thu, 07 Sep 2017 05:55:37 GMT

Euro gains value on Thursday

The common European currency rose 0.1% against the US Dollar to $1.1925 on Thursday morning ahead of the ECB Press Conference scheduled for 1230GMT today.

Thu, 07 Sep 2017 05:08:57 GMT

Topshop's New Zealand arm placed in receivership

The New Zealand unit of the UK fashion retailer Topshop announced that it was placed in receivership, after the franchise struggled amid higher competition and suffered losses.

Thu, 07 Sep 2017 05:07:16 GMT

Australian retail sales flat for July

The Australian Bureau of Statistics stated that the country' retail sales were flat over the course of July, where the weakness came from department store sales, but was offset by higher sales of food.

Thu, 07 Sep 2017 04:02:42 GMT

China's logistics firm Best launches $932M US IPO

Chinese logistics company Best, backed by Alibaba, launched an initial public offering totalling $932M, as it was seeking funds to extend its supply chain and logistics network.

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