News

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Fri, 22 Feb 2019 03:41:10 GMT

French consumer prices decline 0.4% in January

France's Consumer Prices Index decreased 0.4% in January from the previous month amid a fall in manufacturing costs, the INSEE reported.

Fri, 22 Feb 2019 03:40:51 GMT

Japanese department store sales decline last month

Sales in Japan's department stores went down 2.9% to $4.45B in January compared to the preceding year, the country's Department Stores Association stated.

Fri, 22 Feb 2019 03:35:38 GMT

German inflation rate falls ar 2019 start

Germany's inflation rate decreased to 1.4% in the month of January this year, compared to 0.8% rate in the prior month, according to preliminary figures by Destatis.

Fri, 22 Feb 2019 03:35:08 GMT

Chinese home improvement sales slump in January

Home improvement market revealed dropping sales last month, which fell 9.46% to $9.2B, as the country's real estate transactions slowed, the CBMCA stated.

Thu, 21 Feb 2019 20:55:14 GMT

Corbyn says May must seek close alliance with EU

On Thursday, UK's Labour Party leader Jeremy Corbyn said that the British Prime Minister Theresa May must seek customs union with the European Union if she wants to unlock Brexit.

Thu, 21 Feb 2019 20:55:05 GMT

Huawei to increase investment in Canada

Huawei Chairman said on Thursday that the company is committed to make further investment in Canada, despite the arrest of the company's CFO Meng Wanzhou.

Thu, 21 Feb 2019 20:03:10 GMT

EU and UK close to Brexit legal compromise

According to Britain and EU Diplomats, the European Union and the United Kingdom are moving closer to a Brexit legal compromise agreement.

Thu, 21 Feb 2019 20:03:02 GMT

Healthcare shares and economic data weigh down Wall Street

US shares dipped on Thursday, weighed down by weak economic data and a decline in the US healthcare stocks.

Thu, 21 Feb 2019 19:05:09 GMT

White House to end California auto emissions discussions

On Thursday, the White House put out a statement that the US President Donald Trump's administration has ended discussions with California on auto emissions rules.

Thu, 21 Feb 2019 19:04:54 GMT

India plans to stop flow of water to Pakistan

On Thursday, India's government Minister reiterated the country's plan to stop sharing excess water with Pakistan.

Thu, 21 Feb 2019 18:04:41 GMT

Senator Sanders rebukes Catalyst Pharmaceuticals

On Thursday, the US Senator Bernie Sanders rebuked Catalyst Pharmaceuticals Inc for its higher drug prices.

Thu, 21 Feb 2019 18:03:39 GMT

Nestle plans to expand Purina factory in US

On Thursday, Nestle Global said that it would invest about $115 million to expand its Purina factory in the United States.

Thu, 21 Feb 2019 16:43:07 GMT

UK posts record budget surplus

The Finance Minister of the United Kingdom Philip Hammond announced on Thursday that the United Kingdom in January has reached a record fiscal budget surplus.

Thu, 21 Feb 2019 16:42:58 GMT

Global stocks remain near high levels

On Thursday, global stock indices traded near a four month low level. The surge was mostly attributed to the monetary stimulus conducted by the global powers.

Thu, 21 Feb 2019 15:55:53 GMT

Trump comments on 5G network

The President of the United States Donald Trump on Thursday called upon US telecommunications sector to increase their efforts to develop a faster 5G communications network.

Thu, 21 Feb 2019 15:33:29 GMT

US Agriculture Secretary comments on NAFTA

On Thursday the Agriculture Secretary of the United States announced that he hopes that the new NAFTA agreement will be ratified by summer.

Thu, 21 Feb 2019 14:42:58 GMT

US jobless claims decline

On Thursday, US government data revealed that the weekly US unemployment claims have decreased by 23,000.

Thu, 21 Feb 2019 14:20:48 GMT

US Durable Goods Orders fall

Data released on Thursday revealed that US Durable Goods Orders and Core Durable Goods Orders were not only below market forecasts, but also revealed that orders have declined.

Thu, 21 Feb 2019 13:45:30 GMT

Apple and Goldman Sachs combine efforts

The Wall Street Journal on Thursday announced that Apple and Goldman Sachs have combined their forces to launch a new credit card, which would be paired with iPhones.

Thu, 21 Feb 2019 13:45:05 GMT

No-deal Brexit risk increases

On Thursday, the European Commission's deputy head announced that the risk of a no deal Brexit occurring on March 29 has increased.

Thu, 21 Feb 2019 12:55:09 GMT

Global sovereign debt increases

S&P Global on Thursday announced that the global sovereign debt will increase to $50 trillion by the end of this year.

Thu, 21 Feb 2019 12:54:55 GMT

China sees rate cuts as last resort

On Thursday, a Reuters source revealed that the Chinese central bank sees the bank's benchmark interest rate cut as a last resort to stimulate the economy. Other tools are expected to be used for stimulus.

Thu, 21 Feb 2019 11:58:14 GMT

Danske Bank money laundering scandal deepened

Danske Bank said on Thursday that it got a request from the United States Securities and Exchange Commission over its involvements in the money laundering scandal.

Thu, 21 Feb 2019 11:58:03 GMT

Hammond says UK's Parliament may vote on Brexit deal next week

On Thursday, the British Finance Minister Philip Hammond said that UK's lawmakers could vote on Brexit agreement next week.

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