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Sat, Jul 11, 2026 03:01 PM All times are UTC

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Perception of Brazilian sovereign credit risk improves significantly, notes Scotiabank

Apr 19, 2017 17:10 pm UTC| Commentary Economy

The Brazilian exchange rate environment is stable currently. The Brazilian real continues to be the best performing currency in the Americas. The BRL strengthened 17 percent against the US dollar in the last 12 months....

Manufacturing industry continues to drive Czech economy, CNB likely to hike rates in H2 2018

Apr 19, 2017 16:37 pm UTC| Commentary

The Czech manufacturing industry continues to mainly drive the economic growth. However, most of the other sectors are also indicating a positive trend. Increase in wages and positive expectations of consumers are...

U.K. Household Finance Index slips to 42.5 in April, rising inflation and subdued pay growth create renewed squeeze

Apr 19, 2017 16:09 pm UTC| Commentary

Markit Household Finance Index (HFI) for April showed that squeeze on UK household finances worsened during April. April seasonally adjusted Household Finance Index fell to 42.5, from 43.1 in the previous month. It was one...

Brazilian economy likely to expand 0.5 pct in 2017, inflation to decelerate to 4 pct-4.5 pct

Apr 19, 2017 16:02 pm UTC| Commentary

The Brazilian economy is indicating signs of a steady rebound. Indicators for confidence are rebounding on par with strong price stabilization. The Brazilian government is advancing structural reforms that are speeding up...

Australia's ANZ consumer confidence slips 1.9 pct, partly reversing previous week’s gain

Apr 19, 2017 15:45 pm UTC| Commentary

Australias headline consumer confidence dropped 1.9 percent last week partly reversing the previous weeks gain. ANZ-Roy Morgan Australian consumer confidence index is now back down below its long run average. Most of...

Eurozone core inflation revised higher, headline figure confirmed at 1.5 pct

Apr 19, 2017 15:01 pm UTC| Commentary

European Unions statistics office on Wednesday published Eurozone final inflation data which showed eurozones brief flirtation with 2 percent inflation was over. Eurostat confirmed the Marchs preliminary inflation reading...

Eurozone's trade balance returns to surplus in Feb, suggests modest recovery gathered momentum in Q1

Apr 19, 2017 13:59 pm UTC| Commentary

Data released by the European Unions statistics agency on Wednesday showed that eurozones trade balance with the rest of the world returned to surplus in February after a rare deficit the previous month. Eurozones February...

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Economy

Gordie Howe Bridge to Open July 27 After U.S.-Canada Reach Toll Revenue Agreement

The long-awaited Gordie Howe International Bridge connecting Detroit, Michigan, and Windsor, Ontario, is set to officially open on July 27 after the United States and Canada reached a new agreement over toll revenue,...

Fed Reaffirms 2% Inflation Goal, Vows Forceful Action to Anchor Price Expectations

The Federal Reserve reaffirmed its commitment to restoring price stability, saying it is prepared to act forcefully if necessary to keep longer-term inflation expectations anchored around its 2% target. The pledge came in...

Dollar Ends Week Higher as Yen Jumps on Japan Pension Fund Investment Plans

The U.S. dollar traded within a narrow range on Friday and was on track for a modest weekly gain as investors weighed evolving inflation expectations, Federal Reserve policy signals, and renewed geopolitical tensions in...

Wall Street Rises as SK Hynix’s Record Nasdaq Debut Steals Spotlight Ahead of U.S. CPI Data

Wall Street ended higher on Friday, led by the blockbuster Nasdaq debut of South Korean memory chip giant SK Hynix, while investors largely shrugged off renewed U.S.-Iran tensions and shifted their attention to next weeks...

Gold Prices Set for Weekly Loss as Iran Tensions and Fed Rate Outlook Weigh

Gold prices declined on Friday and were headed for a weekly loss as escalating tensions between the United States and Iran, along with higher oil prices, fueled concerns that inflation could remain elevated and keep the...

Politics

Lindsey Graham Urges China to Pressure Russia Into Ukraine Peace Talks

U.S. Senator Lindsey Graham said China could play the most influential role in pushing Russia toward peace negotiations, arguing that Beijings leverage over Moscow may be key to ending the war in Ukraine. Speaking in Kyiv...

Trump Election Commission Firings Follow White House Push for Voting System Changes

The White House spent months exploring ways to bypass the U.S. Election Assistance Commission (EAC) and use emergency powers to accelerate changes to voting systems before President Donald Trump dismissed the agencys...

Trump Administration Doubts Iran Nuclear Deal as Strait of Hormuz Tensions Persist

The Trump administration is growing increasingly skeptical about the prospects of reaching a long-term nuclear agreement with Iran, as U.S. officials push Tehran to prove it is honoring a temporary peace arrangement before...

ASEAN to Hold Landmark Myanmar Talks as Bloc Seeks Progress on Civil War

The Association of Southeast Asian Nations (ASEAN) will hold an informal meeting with Myanmars foreign minister on Sunday to discuss the countrys ongoing civil war and its future engagement with the regional bloc, marking...

NATO Leaders Receive Engraved Turkish Revolvers as Unusual Summit Gifts

Turkish President Recep Tayyip Erdogan surprised NATO leaders with an unusual diplomatic gift after the alliances summit in Ankara, presenting each visiting leader with an engraved vintage Turkish revolver complete with...

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

Apple Sues OpenAI, Former Employees Over Alleged Trade Secret Theft

Apple has filed a lawsuit against OpenAI and two former Apple employees, accusing them of misappropriating confidential company information and trade secrets tied to its hardware development efforts. The lawsuit, filed...

SK Hynix Soars 13% in Nasdaq Debut After Record $26.5 Billion IPO

SK Hynix made a strong debut on the Nasdaq on Friday, with its American Depositary Receipt (ADR) shares closing 12.8% higher at $168.01 after completing a record-breaking $26.5 billion U.S. initial public offering (IPO),...

Elon Musk Says Anthropic Leads AI Race as Claude Models Challenge OpenAI

Elon Musk has publicly praised artificial intelligence startup Anthropic, saying the company is obviously the current leader in AI, in a rare acknowledgment of a key rival as competition among top AI developers...

OpenAI Executive Fidji Simo to Step Down Amid Health Challenges Ahead of IPO

OpenAIs head of products and business, Fidji Simo, announced on Thursday that she will step down from her leadership role and transition to a part-time advisory position after experiencing complications from a chronic...

Samsung Chairman Lee Jae-yong Expected to Meet Nvidia CEO Jensen Huang on AI and Chip Partnership

Samsung Electronics Chairman Lee Jae-yong is expected to meet Nvidia CEO Jensen Huang in the United States by the end of July as the two technology giants explore deeper cooperation in semiconductor manufacturing and...