Mubasher: The US administration was weighing three various rounds of sanctions against Turkey over Ankara’s purchase of Russian missile defence systems, Bloomberg reported.
Mubasher: Harley-Davidson agreed with Geely majority-owned Qianjiang to manufacture a new smaller model bicycle, according to Reuters. The US giant chose Qianjiang, citing its experience
Mubasher: US crude oil stockpiles dropped by 3.1 million barrels to 482.4 million barrels in the week ended 14 June, the Energy Information Administration said.
Mubasher: Enterprise software giant Infor on Wednesday announced that it would offer this summer an application that will help better pricing decision for hoteliers.
Mubasher: New UK factory orders dipped amidst stoppages in auto manufacturing, due to uncertainty about when the country would separate from the European Union.
Mubasher: The Eurozone’s current account surplus contracted in April compared with March, while posting a year-on-year drop over the 12-month period ended the reported month.
Mubasher: The UK’s consumer price index (CPI), the headline gauge for the country’s inflation, ticked down to 2% year-on-year in May, from 2.1% in April.
Mubasher: Japanese exports continued to drop for the sixth month in a row, as China-bound shipments faltered, indicating pressure from slowing external demand.
Mubasher: Banking technology giant Finastra on Tuesday announced the appointment of Mark Miller, a seasoned executive, as its CFO, effective from 13 May.
Mubasher: The US Census Bureau, the US Department of Housing, the Urban Development on Tuesday jointly issued residential construction statistics for last May.
Mubasher: Sentiment among German investors took a sharp turn downward during June, amidst recent weak economic figures and a blazing US-Sino trade dispute.
