News

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Fri, 07 Jul 2017 04:29:49 GMT

Maersk to unveil possible financial impact after cyber attack later

Maersk stated on Friday that it would not hurry to predict any financial impact on its Q2-Q3 results after a major cyber attack had hit the company and caused computer outage all over the world.

Fri, 07 Jul 2017 04:15:54 GMT

Trump-Putin meeting takes place at G20 summit on July 7

On Friday, the leaders of Russia and the US, Vladimir Putin and Donald Trump are supposed to hold a meeting for the first time at the G20 summit to discuss cooperation between the two countries.

Fri, 07 Jul 2017 02:58:43 GMT

EU, Africa FMs to introduce new migration scheme

European Union's and African Foreign Ministers accepted a new scheme defining how to manage migration, assist refugees and improve migration channels.

Fri, 07 Jul 2017 02:56:05 GMT

Trump discuss NATO, energy security, while visiting Poland

US President Donald Trump, during visit to Poland, discussed the main issues, such as the role of NATO, the Free Seas Initiative and energy security.

Fri, 07 Jul 2017 02:07:59 GMT

Ukraine signed law to proceed moving towards NATO

Ukrainian President Petro Poroshenko revealed that he signed a new law for Ukraine to resume the course towards joining the NATO, the key factor of the country's policy.

Fri, 07 Jul 2017 02:06:56 GMT

Microsoft starts to cut jobs, mostly outside US

Microsoft began to send layoff notices to employees with the most of them involved in marketing and sales operations and mostly located outside US.

Thu, 06 Jul 2017 20:13:10 GMT

Microsoft to cut huge number of jobs all over the world

Microsoft Corp stated that the company was willing to cut thousands of jobs, mostly outside of the US, to reorganise its marketing teams and sales.

Thu, 06 Jul 2017 20:11:53 GMT

Berkshire Hathaway to purchase Oncor

According to the WSJ, the energy unit of the Berkshire Hathaway Inc has neared a deal to purchase Oncor, electric delivery company.

Thu, 06 Jul 2017 19:04:22 GMT

Man shoots two policeman in Gava, Spain

According to the Spanish police, a man who had shot two police officers with a rifle in Gava, Barcelona's province, had been arrested.

Thu, 06 Jul 2017 19:03:19 GMT

Atlanta Fed lowers GDP forecast to 2.7%

According to the Atlanta Fed's GDP forecast model, the US economy would expand at 2.7% annualised pace during the second quarter of 2017 amid latest vehicle sales data and trade balance. 

Thu, 06 Jul 2017 18:13:20 GMT

Trump arrives for G20

The US President Trump has arrived in Hamburg for the G20 summit risking initiation of the wrath of the anti-capitalist demonstrators and isolation on the climate policy.

Thu, 06 Jul 2017 18:12:27 GMT

US new care sales to hit 17.1M units in 2017

According to the NADA, the US new vehicle sales would reach annualised rate of 17.1M units in 2017, if automakers bring under control high inventory levels.

Thu, 06 Jul 2017 17:08:49 GMT

AIG COO to receive sign-on bonus of $15M

New AIG's global COO would receive the sign-on bonus of $15M, apart from the annual base salary of $1.25M, reported the largest US casualty and property insurer.

Thu, 06 Jul 2017 17:05:36 GMT

UK to lose top financial center's status

According to TheCityUK, Britain would lose European Top Financial Center's status unless the government keeps its borders open to specialists and strengthens links with emerging economies.

Thu, 06 Jul 2017 16:29:12 GMT

US services activity rebounds last month

The ISM reported on Thursday that its PMI for the US non-manufacturing sector rose to 57.4 points in June, up from the previous month's 56.9, while analysts anticipated a drop to 56.5.

Thu, 06 Jul 2017 16:28:52 GMT

US trade balance improves more than expected in May

The US trade gap narrowed to $46.5B in May, compared to the prior month's deficit of $47.6B, whereas analysts anticipated a slightly bigger decrease to $46.3B.

Thu, 06 Jul 2017 14:50:47 GMT

Canadian building permits jump 8.9% in May

Canadian building permits surged 8.9% in May, following the preceding month's rise of 0.5% and topping expectations for a 2.5% increase.

Thu, 06 Jul 2017 14:50:33 GMT

US initial jobless claims rise unexpectedly last week

The number of Americans filing for unemployment aid rose 4K to 248K in the week ended June 30, while analysts anticipated a decrease to 243K.

Thu, 06 Jul 2017 14:33:34 GMT

Japan agrees on free trade pact with EU

On Thursday, the European Union and Japan came to an agreement to sign a free trade deal as a resistance signal to the US President Donald Trump's protectionist turn.

Thu, 06 Jul 2017 14:12:35 GMT

France to end gasoline and diesel cars' sale by 2040

France is aimed to become carbon neutral and terminate the diesel and gasoline vehicles' sale by 2040, according to the Minister of Ecology Nicolas Hulot.

Thu, 06 Jul 2017 13:31:39 GMT

Symantec to acquire Israel's cybersecurity company Fireglass

On Thursday, Symantec stated it was planning to buy Israeli cybersecurity firm Fireglass amid company's intention to boost its web browser and email protection products.

Thu, 06 Jul 2017 13:21:19 GMT

US creates 158K jobs in May

US private companies created 158K new positions in May after adding 230K jobs in the prior month, missing analysts' forecasts for 184K of jobs.

Thu, 06 Jul 2017 12:29:39 GMT

Qatar Airways to buy American Airlines shares

The Qatar Airways CEO Akbar al-Baker stated that he was aiming to start buying the American Airlines shares in the nearest future, adding that it would depend on the price of a share.

Thu, 06 Jul 2017 11:54:55 GMT

Global demand for air travel climbs 7.7% in May

According to IATA, global air passenger traffic demand surged 7.7% in May amid record-high current month's load factors posted by almost all regions, excluding North America and the Middle East.

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