News

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Tue, 14 Mar 2017 06:02:27 GMT

Fed hikes might accelerate, claims Reuters

The Federal Reserve might be picking up the frequency of rate hikes, changing the trend that prevailed since the 2008 crisis, Reuters reported on Tuesday, as chances of a rate lift on Wednesday have gained strength,

Tue, 14 Mar 2017 05:18:55 GMT

Mitsubishi Heavy gains six percent

Following a favourable court ruling in the amount of 6.7 billion dollars, the share price of Mitsubishi Heavy Industries surged six percent on Tuesday.

Tue, 14 Mar 2017 05:17:08 GMT

Charles Schwab introduces combined digital service

Charles Schwab, a financial broker, started providing a service that combines automated strategies with real-life consultants on Tuesday, in an attempt to lead the trend of digitalised financial advisory.

Mon, 13 Mar 2017 21:54:03 GMT

New US healthcare plan risks leaving millions without insurance

Approximately 14 million people would lose their health insurance in 2018 under the new US Republican Obamacare replacement program, the Congressional Budget Office reported on Monday.

Mon, 13 Mar 2017 21:43:03 GMT

Merkel and Trump meeting delayed

Due to an upcoming snow storm, the German Chancellor Angela Merkel was forced to postpone her trip to Washington on Monday, where she was supposed to meet with the US President Donald Trump.

Mon, 13 Mar 2017 21:05:42 GMT

Verizon seeks $925M reduction for Yahoo deal

Verizon sought the triple the price discount as high as $925M for Yahoo Inc's core assets, due to two massive cyber attacks, however, agreed to $4.48B, lowering the initial price by $350M.

Mon, 13 Mar 2017 21:04:30 GMT

Kushners to receive $400M from Anbang

Jared Kushner's company will receive over $400M from China's Anbang Insurance Group since the company is planning to invest in the Kushners-owned Manhattan building.

Mon, 13 Mar 2017 20:08:00 GMT

Garbage landslide kills 50 people in Ethiopia

On Monday, the death toll rose to 50 people in the Ethiopia's capital amid collapse of a mound of trash on the informal settlement.

Mon, 13 Mar 2017 20:06:50 GMT

PM May on way to Brexit negotiations

The UK PM May is set to clear the eventual barrier between her and Brexit negotiations after the lawmakers voted to avoid changes to the bill giving PM power to start the exit process.

Mon, 13 Mar 2017 19:07:29 GMT

British business sentiment reaches highest mark since mid-2015

Business confidence in the UK reversed its downtrend in February, hitting the highest level in nearly two years and marking a rebound in corporate optimism in the country.

Mon, 13 Mar 2017 19:06:58 GMT

Iran's Karroubi junior sentenced to half year in prison

Mohammad Hossein Karroubi, Iranian opposition leader's son, has been awarded a six-month prison penalty for anti-state propaganda.

Mon, 13 Mar 2017 18:17:17 GMT

Nigeria's Osinbajo says he has President's approval for "practically everything"

The Vice President of Nigeria Yemi Osinbajo stated he had Muhammadu Buhari's approval for nearly everything, as the President himself is on medical treatment abroad.

Mon, 13 Mar 2017 18:16:50 GMT

ECJ to rule on Islamic headscarf wearing ban

On Tuesday, the European Court of Justice is expected to give its decision on whether a hirer can forbid its employees to wear Islamic headscarves at work.

Mon, 13 Mar 2017 17:19:03 GMT

Polish attorneys call Tusk to witness in secret service suit

On Monday, the District Prosecutor's Office for Warsaw summoned Donald Tusk, the President of the European Council, to witness in an intelligence case.

Mon, 13 Mar 2017 17:18:45 GMT

US long-term inflation expectations flatten out

Having soared in the preceding two months, inflation expectations in the United States nearly flattened out over the month of February, the NY Fed survey revealed.

Mon, 13 Mar 2017 16:05:26 GMT

Markel flies to US to meet Trump

On Tuesday, the German Chancellor Angela Merkel is set to meet with the US President Donald Trump being accompanied by a delegation of high profile business representatives.

Mon, 13 Mar 2017 16:04:50 GMT

Japan to dispatch its biggest warship in South China Sea

According to sources familiar with the matter, Japan is set to send its largest battleship on a tour in the South China Sea by the beginning of May.

Mon, 13 Mar 2017 15:10:39 GMT

EU perpetuates blacklist of Russians over Ukrainian meltdown

On Monday, the EU decided to draw out a list of unwanted Russian individuals and companies accused of sabotaging Ukraine's independence and integrity until September 15, 2017.

Mon, 13 Mar 2017 15:10:03 GMT

Iceland to lift all capital controls from Tuesday

According to the Finance Ministry of Iceland, all capital controls including those limiting money in and out flows will be lifted starting from Tuesday.

Mon, 13 Mar 2017 14:07:25 GMT

One dead and eight wounded amid blast in Kabul

One person died and eight people were injured in an explosion in the Kabul's centre as a blast caused by a suicide attacker destroyed a bus with the employees of the Afghani biggest telecom companies.

Mon, 13 Mar 2017 13:54:28 GMT

Sweden to raise military spending

On Monday, the government of Sweden and some members of the Swedish political opposition had come to an agreement to edge up defence spending by $55.7M in 2017 amid rising security concerns in the country.

Mon, 13 Mar 2017 13:30:16 GMT

Trump to host Chinese leader at Florida resort

According to the people familiar with the matter, the US President Donald Trump is eager to host the President of China Xi Jinping at the two-day meeting in April at his Mar-a-Lago resort in Florida.

Mon, 13 Mar 2017 13:14:02 GMT

Kaczynski disagrees with multi-speed Europe idea

On Monday, the Poland's conservative party leader Jaroslaw Kaczynski stated that he strongly disagreed with the multi-speed Europe idea as he considered it as a try to break up the European Union.

Mon, 13 Mar 2017 12:26:39 GMT

Scotland calls for new independence referendum

According to the First Minister of Scotland Nicola Sturgeon, the country is eager to claim for a new independence vote in 2018-2019, when Brexit terms become clear.

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