Juncker, Trump to hold tariff talks on July 25
5h ago
API surprises with rise in US oil inventories – report

API surprises with rise in US oil inventories – report

8h ago
Libya's oil terminal shut down on force majeure

Libya's oil terminal shut down on force majeure

9h ago
Powell: Productivity growth low since crisis end

Powell: Productivity growth low since crisis end

13h ago
Powell: Workers better off compared to year ago

Powell: Workers better off compared to year ago

14h ago
  • Powell: Fed to gradually increase interest rates
    Powell: Fed to gradually increase interest rates
    14h ago

    Chairman of the Federal Reserve of the United States Jerome Powell said on Tuesday that the Fed will gradually increase interest rates as the economy recovers from recession and financial crisis. He stated that returning interest rates t...

  • Confidence in construction in US unchanged in July
    Confidence in construction in US unchanged in July
    14h ago

    The index that measures consumer confidence in newly built single-family homes in the United States remained at the same level in July compared to the previous month, according to a release by the National Association of Home Builders (N...

  • US industrial production rises 0.6% in June
    US industrial production rises 0.6% in June
    15h ago

    Industrial production in the United States grew by 0.6% in June compared to the previous month, according to a release by the Federal Reserve published on Friday. The upturn came after a slide of 0.5% recorded in May. An increase of 0.8%...

  • EU, Japan sign free trade agreement
    EU, Japan sign free trade agreement
    19h ago

    The European Union and Japan signed the Economic Partnership Agreement (EPA), a free trade deal which eliminates most tariffs between the two, Japan's Prime Minister Shinzo Abe, European Commission President Jean-Claude Juncker and E...

  • UK unemployment rate unchanged at 4.2% in May
    UK unemployment rate unchanged at 4.2% in May
    20h ago

    The unemployment rate in the United Kingdom stood at 4.2% in the quarter to May, unchanged from a month earlier, the Office for National Statistics said on Tuesday. The figure marks the joint lowest level since 1975 and a decrease from t...

  • Growth in Europe, Japan lags behind US - IMF
    Growth in Europe, Japan lags behind US - IMF
    7/16

    The International Monetary Fund (IMF) said on Monday that it revised down growth estimates for Japan, Germany, the United Kingdom and France, while leaving the projection unchanged for the United States, with a 2.9% rise for 2018 and 2.7...

  • US retail sales rise 0.5% in June
    US retail sales rise 0.5% in June
    7/16

    Seasonally adjusted advance estimates of retail and food services sales for June in the United States increased 0.5% to $506.8 billion compared to the previous month, the US Census Bureau said in a report released on Monday. On an annual...

  • Euro area trade surplus narrows to €16.5B in May
    Euro area trade surplus narrows to €16.5B in May
    7/16

    The Eurozone international trade of goods surplus stood at €16.5 billion in May, marking a fall from €19.3 billion observed in the same month last year, according to a first estimate released by Eurostat, the statistical office...

  • China turns to WTO over US tariffs for $200B in goods
    China turns to WTO over US tariffs for $200B in goods
    7/16

    The Ministry of Commerce of China said on Monday it lodged a complaint with the World Trade Organization (WTO) with regard to barriers for its goods worth $200 billion in the United States. The administration of President Donald Trump ha...

  • EU, China commit to Iran nuclear deal
    EU, China commit to Iran nuclear deal
    7/16

    In a joint statement from the 20th EU-China Summit in Beijing, the first such document since 2015, the two sides vowed to protect peace and security, development and human rights and highlighted the significance of peaceful settlement of...

  • China, EU agree to safeguard free trade - Li Keqiang
    China, EU agree to safeguard free trade - Li Keqiang
    7/16

    China's Premier Li Keqiang said a European Union-China summit in Beijing on Monday that the two sides agreed to work together to "safeguard" the rules-based international order and protect free trade and multilateralism.

  • Tusk: WTO reform needed to avoid conflict and chaos
    Tusk: WTO reform needed to avoid conflict and chaos
    7/16

    European Council President Donald Tusk said in Beijing on Monday that a reform of the World Trade Organization is necessary in order to avoid a trade war. Speaking at a summit between the European Union and China, he asked Beijing, as we...

  • Chinese retail sales up 9% in June YoY
    Chinese retail sales up 9% in June YoY
    7/16

    Retail sales in China increased 9% in June compared to the same month last year, the National Bureau of Statistics said in a release on Monday. The figure is 0.5% higher than in May. In the first half of 2018, total retail sales of consu...

  • China's economic growth at 6.7% in Q2
    China's economic growth at 6.7% in Q2
    7/16

    Chinese economy grew 6.7% in the second quarter 2018 compared to the same period the previous year, the National Bureau of Statistics reported on Monday. The country's gross domestic product (GDP) was in line with expectations, and 0...

  • May to announce UK aerospace investments
    May to announce UK aerospace investments
    7/16

    United Kingdom Prime Minister Theresa May will promise on Monday new investments in the aerospace industry, the BBC reported. May will speak at the Farnborough Airshow and is expected to announce "£300 million of government mo...