News

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Tue, 02 May 2017 19:55:44 GMT

Brazilian trade surplus rises on higher commodity prices

The Brazilian trade surplus hit $6.969B in April amid higher commodity prices, official figures revealed on Tuesday.

Tue, 02 May 2017 19:15:25 GMT

SEIU calls for investigation of McDonald's rent policy

On Tuesday, the Service Employees International Union called on California and Illinois attorneys to investigate how the largest fast-food chain McDonald's calculates rents.

Tue, 02 May 2017 19:01:51 GMT

Theresa May promises to be "bloody difficult" in Brexit talks

The British Prime Minister Theresa May said on Tuesday she would be "a bloody difficult woman" in talks over Britain's withdrawal from the European Union.

Tue, 02 May 2017 17:55:38 GMT

London Tube strikes five-year deal with TSBA

Transport for London said it had struck a five-year agreement with TSBA Group to licence the iconic London Tube logo and map for global branding in an attempt to generate more revenue.

Tue, 02 May 2017 17:55:14 GMT

Uzbek police daily uncover Islamist militants among returning migrants

Abdusalom Azizov, Uzbekistan's Interior Minister, said on Tuesday that the state police were uncovering Islamist militants among those migrants returning home almost every day.

Tue, 02 May 2017 17:18:39 GMT

New York braces for Trump's visit

The US President Donald Trump will visit New York on Thursday for the first time after taking the Office at the beginning of the year, a trip that is seen to draw protests around the city.

Tue, 02 May 2017 17:18:06 GMT

US Branstad says China can do more to make North Korea cut its nuclear programme

Terry Branstad, the US President's nominee for Ambassador to Beijing post, said Chinese officials could do more to force North Korea to cut its nuclear programme.

Tue, 02 May 2017 16:17:17 GMT

Iowa's Branstad categorical on South China Sea

China cannot be permitted to develop "artificial islands" to compel neighbours or restrain freedom of navigation in the South China Sea, Iowa's Governor Terry Branstad said.

Tue, 02 May 2017 16:16:41 GMT

Schaeuble says loose monetary policy is "unhelpful"

The Finance Minister of Germany urged the ECB to go back to a more neutral monetary policy strategy, saying the current policy may raise the possibility of another global financial crisis.

Tue, 02 May 2017 15:10:50 GMT

T-Mobile to launch 5G in US in two years

A major US wireless network operator T-Mobile announced its intentions to launch the fifth-generation network in the country as soon as 2019.

Tue, 02 May 2017 15:09:59 GMT

Swedish radio: country to give up interim border controls

A Swedish radio reported the country's authorities had decided to give up interim border controls brought in back in 2015 to halt refugee inflow.

Tue, 02 May 2017 14:10:55 GMT

Czech PM to quit along with Cabinet this week

On Tuesday, the Czech Republic PM Bohuslav Sobotka announced about his resignation along with the government later this week over a dispute in the cabinet between him and the rival Finance Minister Andrej Babis.

Tue, 02 May 2017 13:56:39 GMT

German Manufacturing PMI little changed in April

Markit reported its PMI for the German manufacturing sector was little changed at 58.2 in April compared to the prior month's 58.3.

Tue, 02 May 2017 13:30:02 GMT

Germany's top minister calls off US trip amid officer arrest

The Defence Minister of Germany Ursula von der Leyen had to call off her scheduled trip to the United States following the necessity to focus on the military officer's arrest suspected of an attack planning.

Tue, 02 May 2017 13:11:07 GMT

United Airlines to face inquiry over passenger removal

On Tuesday, the US lawmakers will examine the United Airlines officials over passenger forcible removal from the aircraft last month as the incident sparked worldwide outrage.

Tue, 02 May 2017 12:31:28 GMT

May to find constructive way to approach Brexit talks

The UK PM Theresa May‘s spokesman stated that she would conduct the Brexit negotiations and was confident she would find a constructive way to approach the talks.

Tue, 02 May 2017 12:01:59 GMT

Euro zone jobless rate remains on hold at 9.5%

According to Eurostat, the Unemployment Rate in the Euro zone remained unchanged at 9.5% in March, missing expectations for a decline to 9.4%.

Tue, 02 May 2017 11:31:29 GMT

Samsung wins South Korean approval to probe driverless vehicle

South Korea granted Samsung Electronics a permission to test a driverless car carrying the company's software and electronic parts at the domestic level, following Samsung intention to prove itself in the automotive industry.

Tue, 02 May 2017 11:05:47 GMT

Euro zone manufacturing activity hits 56.7 in April

On Tuesday, Markit reported that the Euro zone Manufacturing PMI rose to 56.7 last month from March's 56.2.

Tue, 02 May 2017 10:01:41 GMT

UNICEF claims unexpected numbers of Somali children to suffer malnutrition in 2017

UNICEF reported on Tuesday that the number of children estimated to suffer malnutrition in Somalia in 2017 is projected to exceed the initial expectation by 50 percent, totalling in an anticipated 1.4 million children.

Tue, 02 May 2017 09:55:51 GMT

Chinese banks up home loan rates

As of May 1, lending rates for both first and second home buyers have been raised by six major Chinese banks or more, Reuters reported on Tuesday.

Tue, 02 May 2017 09:34:00 GMT

Police injured during May Day Demonstration in Paris

On Monday, one of the French policemen was seriously burnt, while two others got injured in clashes during the Paris May Day demonstration.

Tue, 02 May 2017 09:16:34 GMT

UK Manufacturing PMI exceeds expectations

Markit reported on Tuesday that UK Manufacturing activity rose to 57.3% in April from the proceeding month's 54.2%, surprising markets.

Tue, 02 May 2017 08:33:47 GMT

ECB to discuss 2018 strategy and eventual QE exit in June

The European Central Bank Governing Council official Ewald Nowotny stated that the ECB would have to negotiate on its 2018 strategy and the QE eventual exit next month.

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