News

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Wed, 10 Jan 2018 18:02:32 GMT

US import prices rise by smallest in five months

The US import prices marked their weakest gain in five months, rising 0.1% in December, amid decreasing costs for consumer goods and food.

Wed, 10 Jan 2018 18:01:37 GMT

Canadian building permits tumble in November

Statistics Canada reported that the value of the country's building permits fell more than anticipated 7.7% in November deu to fewer intentions for industrial and commercial buildings.

Wed, 10 Jan 2018 16:38:32 GMT

US wholesale inventories increase 0.8%

The US wholesale inventories rose more than anticipated 0.8% in November, indicating that inventory investment is likely to contribute to the country's economic growth in the Q4.

Wed, 10 Jan 2018 16:38:02 GMT

Britain's trade deficit widens in November

The ONS data revealed that Britain's goods trade deficit widened to £12.2B in the month of November, despite expectations for narrowing to £10.7B.

Wed, 10 Jan 2018 16:21:42 GMT

UK manufacturing output grows 0.4%

Britain's manufacturing production increased 0.4% in November, fostering the yearly growth of 2.5%, the Office for National Statistics stated.

Wed, 10 Jan 2018 16:21:12 GMT

France's industrial production decreases in November

French industrial production dropped 0.5% in November, following a downwardly revised 1.7% gain in the prior month, the INSEE report showed.

Wed, 10 Jan 2018 15:33:49 GMT

Poland seeks to ease tensions with EU

On Wednesday, Poland's new Prime Minister Mateusz Morawiecki stated that the country hoped for de-escalation of tensions with the EU bloc by a further dialogue.

Wed, 10 Jan 2018 15:25:34 GMT

Trump open for dialogue with North Korea

The US President Donald Trump told his South Korea's counterpart Moon Jae-in that he was open to a dialogue with North Korea, the South's authorities reported on Wednesday.

Wed, 10 Jan 2018 13:51:33 GMT

US Senator urges Apple to report on slowing iPhones

The US Senate committee's chairman called on Apple to report on the company's disclosure that it had slowed the older iPhones with flagging batteries.

Wed, 10 Jan 2018 13:51:22 GMT

Catalan parties to back ex-leader as regional head

Catalonia's pro-independence parties agreed to support the self-exiled former leader Carles Puigdemont as region's President in a new attempt to split from Spain that is likely to happen this year.

Wed, 10 Jan 2018 13:15:56 GMT

Uber agrees to pay $3M settlement to NY drivers

Uber Technologies has reached a $3M settlement with New York driver who filed a suit against the ride-hailing company accusing it of docking extra fees from their fares.

Wed, 10 Jan 2018 13:08:40 GMT

85 civilians killed by Syria's forces in besieged zone

According to the UN human rights chief, Syria's government forces killed no less than 85 civilians in attacks against the Eastern Ghouta besieged rebel-held enclave since December 31.

Wed, 10 Jan 2018 12:31:48 GMT

Russia calls Turkey to severe control over Idlib

Russian Defence Ministry called Turkey‘s military to severe control over Syria's Idlib de-escalation zone, following an attack of drones on Russia's bases last week.

Wed, 10 Jan 2018 12:08:49 GMT

Carphone Warehouse fined £400K over data breach

On Wednesday, British information regulator stated it had fined Carphone Warehouse £400K, following a cyber attack in 2015 that exposed over 3M customer personal data.

Wed, 10 Jan 2018 10:56:09 GMT

Indonesian election won't affect reforms

The finance minister of Indonesia has announced that the regional elections of the country will not affect the ongoing economic reform program.

Wed, 10 Jan 2018 10:55:22 GMT

Investors back up Ryanair

Various institutional investors have announced that they will continue to back Ryanair after various mess ups during 2017.

Wed, 10 Jan 2018 10:31:50 GMT

Iran to sign €5.0B investment deal with Italy

According to a Treasury source, Iran and Italy will sign a €5.0B investment agreement on Thursday whereby Italy will help the country's firms invest in Iran.

Wed, 10 Jan 2018 10:26:30 GMT

Malaysia signs deal to pay US firm for MH370 finding

On Wednesday, Malaysia clinched a deal with the US seabed exploration company to pay up to $70M, if it finds Malaysia Airlines' missing aircraft MH370 within three months of embarking on a new search.

Wed, 10 Jan 2018 09:34:19 GMT

Microsoft's security patches slow down PCs

On Tuesday, Microsoft stated that its software security patches guarding against microchip flaws noticeably slowed down the older Intel processors of some servers and personal computers.

Wed, 10 Jan 2018 09:29:23 GMT

HK government adviser quits due to illegal ivory links

On Wednesday, an ivory trader of Hong Kong who was fined for illegal ivory possession resigned from the government advisory panel, as he seeks to protect endangered species.

Wed, 10 Jan 2018 08:03:49 GMT

Eastman Kodak's shares jump amid cryptocurrency launch

The stock of Eastman Kodak was as high as $6.65 on Tuesday, after the photography giant unveiled launching a "KODAKCoin" cryptocurrency for photographers.

Wed, 10 Jan 2018 07:57:21 GMT

US judge bars Trump from ending DACA programme

On Tuesday, the San Francisco judge temporarily blocked the Trump administration move to end the DACA programme that was shielding young immigrants from deportation.

Wed, 10 Jan 2018 07:35:01 GMT

Macron: Airbus deal with China to be finalised soon

France's President Emmanuel Macron stated on Wednesday that the China contract for 184 Airbus A320s aircarft would be finalised soon.

Wed, 10 Jan 2018 07:32:39 GMT

Nissan-Renault-Mitsubishi set up new venture capital fund

The Nissan, Mitsubishi and Renault carmakers are launching a venture capital fund, planning to invest a $1B in the following five years.

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