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Fri, Jul 17, 2026 03:48 AM All times are UTC

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U.K. trade deficit narrows in Q1, net trade to contribute significantly to GDP growth in coming quarters

May 10, 2018 21:24 pm UTC| Commentary

Trade in goods deficit in the U.K. deteriorated against expectations in March to GBP 12.3 billion from a revised GBP 10.4 billion in the prior month. However, the total U.K. deficit narrowed by GBP 700 million to GBP 6.9...

U.K. manufacturing output remains weak in Q1 2018, likely remained weak at start of Q2

May 10, 2018 20:52 pm UTC| Commentary

Manufacturing in the U.K. continued to be disappointing in March, with output falling 0.1 percent sequentially. But the ONS claimed heavy snow that month had no visible effect. In the first quarter as a whole, output rose...

Italian industrial production rises in March, euro area industrial production likely fell in Q1

May 10, 2018 20:03 pm UTC| Commentary

Italys latest industrial production data for March was released today. Earlier in the week, the equivalent data for France showed a decline in March. However, German and Spanish production rebounded. The Italian data also...

Norwegian mainland economy likely to have grown year-on-year in Q1 2018

May 10, 2018 19:04 pm UTC| Commentary

The Norwegian mainland economy has been robust lately; however, running indicators point towards a deceleration in the first quarter. Subdued growth might raise the uncertainty regarding the hike in September, noted Nordea...

Bank of England keeps interest rate on hold, likely to hike in August

May 10, 2018 17:04 pm UTC| Commentary Central Banks

The Bank of England kept its key interest rate on hold today. This decision was not surprising after Governor Carneys warning three weeks ago and a number of weak data releases. Still, the accompanying comments and the...

U.S. headline consumer price inflation rebounds in April, core rate likely to continue rising

May 10, 2018 15:57 pm UTC| Commentary

The U.S. headline consumer price inflation rebounded sequentially in April after falling in March. The CPI index rebounded to 0.2 percent after a 0.1 percent fall in March. That took inflation to 2.5 percent year-on-year,...

Commodities snapshot (precious & industrial)

May 10, 2018 15:18 pm UTC| Commentary

The metal pack is down today. The performance this week at a glance in chart table - Gold: Gold declining as risk aversion eased and dollar recovers. Todays range $1310-1323 Gold is currently trading at...

1251 1252 1253 1254 1255 1256 1257 1258 1259 1260

Economy

Oil Prices Set for Weekly Surge as U.S.-Iran Conflict Fuels Supply Fears

Oil prices edged higher during Asian trading on Friday and remained on course for their strongest weekly gain in months as escalating military tensions between the United States and Iran continued to raise concerns over...

US Stock Futures Fall as Netflix Outlook, Chip Selloff and Iran Tensions Weigh on Markets

U.S. stock index futures declined on Thursday evening as weakness in technology and semiconductor stocks continued, while disappointing guidance from Netflix and ongoing geopolitical tensions kept investors cautious ahead...

Gold Prices Head for Biggest Weekly Loss Since June as Fed Rate Outlook Weighs

Gold prices stabilized on Friday but remained on track for their steepest weekly decline since early June, as rising tensions between the United States and Iran fueled higher oil prices and strengthened expectations that...

IEA Warns China Rare Earth Export Curbs Could Threaten $6.5 Trillion in Global Production

Chinas planned implementation of stricter rare earth export controls could place up to $6.5 trillion in downstream production outside the country at risk, according to the International Energy Agencys (IEA) latest Global...

U.S. Imposes 25% Tariff on Select Brazilian Imports After Section 301 Trade Investigation

The United States announced on Wednesday that it will impose a 25% tariff on certain imports from Brazil after concluding a year-long Section 301 trade investigation that found several Brazilian policies unfairly...

Politics

Xi Jinping Calls for People-Centered AI Development at WAIC, Expands Global Cooperation

Chinese President Xi Jinping called for a people-centered approach to artificial intelligence (AI) development during his keynote speech at the opening ceremony of the World Artificial Intelligence Conference (WAIC) in...

Trump Declassifies China Election Intelligence, Revives 2020 Election Security Claims

U.S. President Donald Trump on Thursday declassified intelligence documents that he said expose Chinese interference in U.S. elections, renewing his focus on election security ahead of the November midterm elections. The...

Iran Warns Trump Against Striking Infrastructure, Declares Strait of Hormuz a ‘Red Line’

Iran warned on Thursday that the Strait of Hormuz remains an inviolable red line, vowing to retaliate against infrastructure across the Gulf region if U.S. President Donald Trump follows through on threats to attack...

DOJ Refuses to Release Unredacted Jeffrey Epstein Files to New Mexico Investigation

The U.S. Department of Justice (DOJ) said Wednesday it cannot legally release unredacted Jeffrey Epstein files requested by New Mexico officials, deepening a dispute over the states renewed investigation into the late...

US Restricts Commercial Flights From Congo Amid Ebola Outbreak

The United States has introduced new travel restrictions tied to the ongoing Ebola outbreak in the Democratic Republic of Congo (DRC), preventing U.S. citizens and nationals who have been in the country within the previous...

Science

Blue Origin New Glenn Explosion Could Delay Launch Operations Until 2028

Blue Origin is facing a significant setback after a dramatic explosion involving its New Glenn rocket severely damaged a launch pad at Cape Canaveral, Florida. According to NASA Administrator Jared Isaacman, repairs to the...

Blue Origin New Glenn Rocket Explodes During Launch Pad Test, Delaying Space Ambitions

Blue Origin suffered a major setback after its uncrewed New Glenn rocket exploded during a launch pad test in Florida on Thursday, raising new challenges for Jeff Bezos space company as it competes with Elon Musks SpaceX...

SpaceX Delays Starship V3 Launch Ahead of Potential Record IPO

SpaceX on Thursday postponed the highly anticipated launch of its 12th Starship rocket test from Texas after technical issues interrupted the final countdown. The company now plans to attempt the Starship V3 launch again...

Trump Administration Releases New UFO Files and Apollo Mission Records

The U.S. Defense Department has released dozens of previously classified UFO-related files following an order from President Donald Trump, sparking renewed debate over unidentified anomalous phenomena (UAP) and government...

China vs. NASA: The New Moon Race and What's at Stake by 2030

The space race is back and this time, its a direct competition between the United States and China for dominance on the lunar surface. NASAs Artemis II mission recently made history when four astronauts flew farther into...

Technology

SpaceX Aborts Starship Test Flight as Engine Issue Delays Launch

SpaceX (NASDAQ: SPCX) called off the 13th test flight of its Starship rocket just minutes before its scheduled liftoff from its Texas launch site on Thursday after an engine-related issue triggered an automatic abort. CEO...

Sam Altman Admits OpenAI Missteps, Promises Major AI Comeback Focused on User Freedom

OpenAI CEO Sam Altman has publicly acknowledged that the company fell short of expectations over the past year, taking personal responsibility for its performance while outlining an ambitious vision for the future. In a...

Moonshot Launches Kimi K3, China's Largest Open-Source AI Model

Chinese artificial intelligence startup Moonshot has introduced Kimi K3, a new open-source AI model the company describes as the worlds largest of its kind, highlighting Chinas accelerating competition with leading U.S. AI...

Apple Intelligence China Approval Lifts Alibaba and Baidu Shares

Alibaba and Baidu shares rallied on Thursday after Apple secured regulatory approval to introduce its Apple Intelligence platform in China, a major step toward expanding its artificial intelligence services in one of the...

Nvidia Partners With Fanuc and Yaskawa to Accelerate AI Robotics in Japan

Nvidia is strengthening its presence in Japan through new partnerships with leading industrial automation companies, including Fanuc and Yaskawa Electric, as the chip giant pushes to accelerate the adoption of artificial...