News

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Wed, 01 Nov 2017 05:24:20 GMT

Saudis might raise oil price for Asia

A Reuters survey has revealed that analysts expect that Saudi Arabia will increase oil prices for its Asian customers in December.

Wed, 01 Nov 2017 05:23:34 GMT

Fed set to hold interest rates

A day before Donald Trump announces the new head of the Federal Reserve the organization is expected to hold the interbank interest rate of the US Dollar unchanged.

Wed, 01 Nov 2017 04:01:47 GMT

China factory output grows at slowest pace in four months

Chinese manufacturing production rose at the slowest pace in four months, while businesses kept shedding staff despite a modest pick-up in exports and domestic orders.

Wed, 01 Nov 2017 03:56:19 GMT

Sony shares jump to nine-year high on record profit forecast

Shares in Sony surged 11.6% to the strongest level in nine years, as the Japan's electronic and entertainment company announced expectations for its best ever yearly profit.

Wed, 01 Nov 2017 02:52:45 GMT

South Korea's exports to US fall, shipments to China grow

South Korea exports to the US dropped 12% year-over-year in October, while the country's shipmets to China marked a 13.5% uptick in the same period.

Wed, 01 Nov 2017 02:51:51 GMT

Canadian gas, oil drilling to expand in 2018

Canada's gas and oil drilling activity is likely to climb 5% in 2018, as a gradual increase in crude oil prices supported producers' optimism, an industry body said.

Tue, 31 Oct 2017 21:00:09 GMT

US to maintain Cuban embargo

The US State Department reported on Tuesday that the US would vote against the UN General Assembly's resolution condemning the Cuban embargo.

Tue, 31 Oct 2017 20:59:06 GMT

Under Armour revises down 2017 revenue forecast

Under Armour revised down its 2017 forecast after its revenue in North America dropped 4.5% in the September quarter, marking the first decline since the IPO in 2005.

Tue, 31 Oct 2017 19:58:44 GMT

Pfizer sees broad interest from potential acquirers

Pfizer, the biggest US pharmaceutical company, said it expected "broad interest" from potential acquirers of its $15B consumer health business.

Tue, 31 Oct 2017 19:56:19 GMT

Switch's shares fall 2% amid mixed post-IPO reviews

Shares of Switch, a global technology company, dropped 2% on Tuesday due to investment analysts' mixed post-IPO reviews.

Tue, 31 Oct 2017 18:52:48 GMT

Spanish High Court calls for former Catalan President to testify

The Supreme Court of Spain has called for the former Catalan President Carles Puigdemont and 13 other members of his administration to testify on Thursday at 08:00 GMT.

Tue, 31 Oct 2017 18:50:20 GMT

US is within Iran's reach

Iran reported on Tuesday that its intercontinental-range ballistic missiles could easily reach the US mainland.

Tue, 31 Oct 2017 18:14:54 GMT

US ITC recommends solar cell and panel import restrictions

The US International Trade Commission reported on Tuesday that it made three different recommendations to the Trump administration for restricting solar cell and solar panel imports.

Tue, 31 Oct 2017 18:12:01 GMT

US stocks trade higher amid tech rebound

US stocks traded in the green territory on Tuesday amid strong gains in technology shares and a spike in shares of Mondelez and Kellogg.

Tue, 31 Oct 2017 17:13:10 GMT

Canadian RMPI inches down in September

Statistics Canada reported that the country's Raw Materials Price Index was 0.1% lower in September, as prices for animals and animal products went down in the observed period.

Tue, 31 Oct 2017 17:12:22 GMT

US CB consumer confidence up in October

The Conference Board Consumer Confidence Index for the United States improved from 120.6 points registered in September, hitting the 125.9-point mark over the course of October.

Tue, 31 Oct 2017 16:10:24 GMT

Chicago PMI improves in October

Chicago Business Barometer improved in October, jumping to 66.2 from the 65.2-point reading registered in the previous month.

Tue, 31 Oct 2017 16:09:10 GMT

Canadian GDP drops 0.1% in August

Data released by Statistics Canada on Tuesday revealed that the country's gross domestic product was down 0.1% over the course of August.

Tue, 31 Oct 2017 14:36:04 GMT

First iPhone X reviews arrive

The first reviews of the much expected iPhone X have been published. Most reviewers call it the best model of the company.

Tue, 31 Oct 2017 14:35:20 GMT

CME will launch Bitcoin futures

Bitcoin hit an all-time high after CME Group announced that the largest futures operator plans on launching Bitcoin futures.

Tue, 31 Oct 2017 14:24:15 GMT

Tech answer before US Congress

The heads of Facebook, Twitter and Alphabet are heading to participate in a two day hearing at the US congress.

Tue, 31 Oct 2017 14:23:31 GMT

Oreos push stocks higher

At Tuesday opening of the stock markets in the US stock price indexes were pushed higher by a jump in technology stocks and the strong sales data form the Oreo maker Mondelez.

Tue, 31 Oct 2017 12:50:49 GMT

Oil prices surge due to Putin

During Tuesday's trading session oil prices surged due to the fact that the President of Russia Vladimir Putin was visiting Iran to discuss cooperation with the country.

Tue, 31 Oct 2017 12:50:30 GMT

Shopify posts profits

Shopify posted 72% increase in third quarter revenues. In addition the company increased its fourth quarter forecast.

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