The UK department store chain owner Debenhams representatives have announced that the annual earnings will be below forecast. As a result the stock price of the company plummeted 24%.
The Grand Mufti of Egypt has issued a official fatwa, which bans cryptocurrency. The reason for that is the fact that trading cryptocurrencies has been found by the clerics too similar to gambling.
Turkish authorities on Thursday scolded a US jury decision to convict a banker from Turkey. The banker has been found guilty in helping Iran evade sanctions.
Mongolian authorities have decided to delay until 2019 the completion of a $500 million airport project.
The number of vacancies for the US retail real estate inched up to 10% in the December quarter from a year ago, Reis stated in a release.
One of the largest US wireless carrier AT&T stated that it would launch 5G network service in many cities in the US later in 2018, as international wireless standards were finalised.
Canadian auto sales fell slightly in December for the second month in succession, though yearly sales rose 4.6% to breach 2M mark, with light trucks kept being the bestseller.
Tesla pushed back a production target for new Model 3 for the second time, causing investors' disappointment despite confirming "major progress" overcoming challenges.
Japan's manufacturing activity accelerated growth pace to the strongest in almost four years by the end of 2017, as new orders increased, a revised survey indicated.
Malaysian Second Finance Minister stated that the country is unlikely to meet the earlier balanced budget goal by 2020 and would need up to three years to reach the target.
China's services sector expanded at its strongest pace in more than three years in the month of December on solid increase in new business, a private survey indicated.
General Motors' stated that the company's sales in China increased 13.1% year-on-year in December to 491K vehicles, following a 13% rise in the prior month.
The S&P 500 index climbed above the 2,700 mark on Wednesday, as technology stocks responded positively to economic growth prospects in the US and globally.
The US Dollar strengthened against major currencies late on Wednesday in the wake of the Fed releasing minutes from its December meeting.
The US Federal Reserve's minutes showed on Wednesday that policymakers were concerned about low inflation, as interest rate hikes would not be justified without an upswing.
According to a report by the Financial Action Task Force, Mexico failed to prosecute money laundering due to the use of reactive investigation approach and corruption.
The French President Emmanuel Macron said on Wednesday that the country needed stronger legislation on social media platforms to fight against ‘fake news'.
US fund investors favoured bonds and global stocks over domestic equities in 2017, as shown by the latest Investment Company Institute data.
Data reported by major auto manufacturers showed on Wednesday a decrease in December sales in the US as a result of higher interest rates and consumer uncertainty.
The US economy is expected grow at 3.2% in Q4 of 2017 due to solid fundamental data, the GDPNow forecast model by the Federal Reserve of Atlanta showed on Wednesday.
Corporate bond purchases by the European Central Bank fell to a two-year low of €50.2B in December, data showed this Wednesday.
Borrowing costs in the Euro zone declined by several basis points, as the revised version of the Markets in Financial Instruments Directive took effect on Wednesday.
Apple has purchased a Vancouver-based software development tools maker Buddybuild, a company blog reported; however, no sale terms have been yet disclosed.
The report released by the Institute for Supply Management on Wednesday showed that the Manufacturing PMI rose to 59.7, topping analysts' expectations for a 58.1-point reading.