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GermanBusiness-022217.jpg German business confidence unexpectedly improved in February on an upbeat assessment of the current economic situation and greater optimism for the future, adding to evidence that suggests growth is gaining momentum in the biggest euro area economy.

wallstreet-022217.jpg The major U.S. index futures are pointing to a lower opening on Wednesday. The market may react to the Fed minutes to be released today that will show the crux of discussions within the Fed. Janet Yellen has been playing down the possibility of reducing Fed bond holdings. Existing home sales data should be of interest to the traders today.

UK-GDP-022217.jpg The UK economy expanded more than initially estimated in the fourth quarter of 2016 on manufacturing activity, but the overall growth for the year slowed down due to weak stock-building. Gross domestic product advanced 0.7 percent sequentially in the fourth quarter, slightly faster than the 0.6 percent growth estimated on January 26.

Asian-Market-100912_22Feb17.jpg European stocks hit 14-month highs on Wednesday, with higher oil prices, upbeat German business climate data and a slew of encouraging earnings updates helping underpin investor sentiment. German business sentiment improved unexpectedly in February, survey data from Ifo institute showed. The business...

AirbusGroupFY-022217.jpg Shares of Airbus Group SE declined around 2 percent in the early morning trading in Paris after the aerospace and defense major reported a loss in its fourth quarter, compared to a profit last year, mainly due to a hefty charge related to the A400M programme. Revenues, however, increased from last year. Further, the company lifted its dividend, and said it expects higher adjusted ea

Stock-Market-500_22Feb17.jpg European stocks may open flat to slightly higher on Wednesday following firm cues from Wall Street and Asia. Oil prices held near seven-week highs after rising about 2 percent overnight as OPEC reiterated its agreement to further production cuts. The dollar slipped as Federal Reserve Bank of Cleveland...

Feb21-022117.jpg The FDA has turned down Amphastar's request seeking approval of intranasal Naloxone, proposed for the treatment of opioid addiction or overdose.

Target-022117.jpg Mark Barnett, a 48-year old from Florida, allegedly tried to set off homemade bombs in several Target stores, in an attempt to drive down the company's stock price and make quick bucks. Barnett reportedly made at least 10 explosive devices in hopes of blowing up Targets along the East Coast, according...

pharma-022117.jpg Shares of Cellect Biotechnology Ltd. (APOP) rose over 15% on Tuesday, following positive final results from its clinical trial of ApoGraft in healthy donors.

cvml-022117.jpg The Mandarin Oriental in Las Vegas has become the first hotel in the country to open a champagne vending machine. According to a report from Travel and Leisure, Mandarin Oriental has placed a Moët & Chandon vending machine that serves up to 320 mini-bottles of champagne on the hotel's 23rd floor at...

consumercredit-022117.jpg Household debt in the US increased substantially by 1.8% or $226 billion to $12.58 trillion during the fourth quarter of 2016, according to a report from Federal Reserve Bank of New York. The figure marks the largest quarterly increase in household debt since the fourth quarter of 2013. It is also...

Wallstreet-013013_21Feb17.jpg After moving to the upside early in the session, stocks remained mostly positive throughout the trading day on Tuesday. With the upward move on the day, the major averages once again reached new record closing highs.

uber-022117.jpg Susan Fowler, a former engineer at ride-hailing service Uber, in a blog post has claimed that she and several other female employees were sexually harassed at the company. Fowler also claimed that the company's human resources department refused to take strict actions against the superior officer...

cayladoll-022117.jpg Federal Network Agency (Bundesnetzagentur) has asked parents who bought the popular My Friend Cayla doll to destroy the toy or disable its wireless connection. The Bundesnetzagentur has banned the unauthorized wireless transmitting equipment in a children's toy and has already removed the product...

youtube-022117.jpg Google plans to end the unskippable 30-second ads on YouTube in 2018 and will continue with the shorter ad formats. "We're committed to providing a better ads experience for users online. As part of that, we've decided to stop supporting 30-second unskippable ads as of 2018 and focus instead on formats...

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