Riding on strong demand and increasing business prospects, new data showed on Friday that business activity in the euro area hit a fresh six-year high in April. Compared to 56.4 in March, the flash euro zone composite PMI (purchasing managers’… Read More ›
Day: April 21, 2017
In French Presidential Campaign, US Eyes Russian Meddling
Saying that the tactics being used are similar to those deployed in the 2016 U.S. presidential election, U.S. officials are warning of Russian interference in the hotly contested race as voters in France prepare for their presidential election Sunday. Russian… Read More ›
The violation of consumer protection laws
The fire power of Republican attorney generals could protect Exxon Mobil against probing questions of whether it willfully violated consumer protection laws. As per a filing in the U.S. District Court in Manhattan, a group of eleven state attorneys general… Read More ›
U.S. Federal Reserve fines Deutsche Bank $156.6 million for violating forex rules
Transcript of traders communicating in online chat rooms, which had led Deutsche Bank to settle in an earlier probe by Brazil’s antitrust watchdog Cade in December, show that banks had worked together to manipulate forex rates. The U.S. Federal Reserve… Read More ›
American Material Handling Equipment wins $925 million defense contract
The fixed price contract is subject to market changes and has a ceiling of $925 million. The Pentagon has disclosed that American Material Handling Equipment Inc has been awarded a maximum of $925 million for a fixed-price with economic-price-adjustment defense… Read More ›
Trump pulls up China over cheap steel import
The Trump administration has taken China to task for its strategy of dumping cheap imports, in this case steel, into other countries as a policy. Citing national security concerns, U.S. President Donald Trump has launched a probe against exporters of… Read More ›