Economy

The main refi rate is now at a record low zero percent and the deposit rate at -0.40 percent. Its main rate-the one charged at regular monetary policy operations-remained at 0%, with the deposit rate at minus 0.4%, meaning that banks pay to park overnight deposits with the ECB .
  • (COG) Shares Bought by Mutual of America Capital Management LLC

    Economy

    XPO Logistics, Inc. (NYSE:XPO) stock soared 1.85% to $59.99 on the closing of 06/07/2017. Another trade for 17,280 shares valued at $486,557 was sold by FISHER JOHN BRADLEY . GMP Securities reinitiated the stock with "Buy" rating in Wednesday, September 28 report. (NASDAQ:CRZO) might see muted action given an ABR of 2.7 or Hold rating.
  • Market wary of big sterling swings as Britain votes

    Market wary of big sterling swings as Britain votes

    Economy

    Jeremy Corbyn supporters shouldn't be too anxious about the odds lengthening for the Labour leader being placed in charge. While May has been touring target seats around the country, delivering slogan-heavy speeches to small groups of hand-picked activists, Corbyn has drawn large crowds to open-air rallies.
  • United Kingdom general elections on Thursday: Survey predicts Tory landslide win

    United Kingdom general elections on Thursday: Survey predicts Tory landslide win

    Economy

    Rachel Sheard, who was casting her vote near the site of Saturday's attack in London , said the election had not gone as expected - and that it certainly wasn't about Brexit . Earlier this year the party was lashed by Jewish community groups and even some Labour parliamentarians, after a committee made a decision to suspend rather than expel former mayor of London Ken Livingstone following his claim that Hitler supported Zionism and that the SS had set up training camps for Jews ...
  • Gulf row: Indians in Qatar advised to remain alert

    Economy

    Those breaking ties with Qatar are the UAE , Saudi Arabia , Egypt , Bahrain , the Maldives, Mauritania and Libya's eastern-based government. The UAE's state-owned Etihad Airways, meanwhile, said all travellers holding Qatari passports were now prohibited from travelling to or transiting through the emirates on government instructions.
  • Trump Offers to Mediate Qatar's Diplomatic Crisis

    Economy

    A Qatari official said Trump in the call had "expressed readiness to find a solution to the diplomatic crisis in the Gulf, and stressed his keenness that the Gulf remains stable". Qatar also backs the Palestinian political and militant group Hamas and the worldwide Islamist movement the Muslim Brotherhood , which Saudi Arabia and Egypt oppose.
  • The iMac Pro Will Be The Best Christmas Gift This…

    Economy

    All models receive upgrades to Intel's 7th Generation Kaby Lake processors . The new iMac displays feature 500 nits, are 43 percent brighter, and include 10-bit dithering and support for one billion colors. The 13-inch MacBook Pro TouchBar models are cheaper by Rs. 1,000 each at Rs. 1,54,900 and Rs. 1,71,900 respectively for the 256GB and 512GB SSD storage variants.
  • European Central Bank keeps stimulus in place

    European Central Bank keeps stimulus in place

    Economy

    That would barely rise to 1.6 per cent in 2019, down from an earlier estimate of 1.7 per cent and further away from its official target of at or close to 2 per cent. However, hours before the European Central Bank meeting, EU statistics agency Eurostat reported the eurozone economy had grown by 0.6% in the first quarter, its fastest quarterly expansion since 2015.
  • Eurozone growth revised up to 2-year high

    Economy

    That reluctance pushed the euro currency down to week-lows against the dollar just above $1.12. "The Governing Council expects the key ECB interest rates to remain at their present levels for an extended period of time, and well past the horizon of the net asset purchases", the bank said, removing a long-standing reference to lower rates.