China's stock market slipped on Friday, as the country reported the economic growth is in accordance with analysts prediction. While investors expected a stronger result.
Sectors
Russia Pauses US Weapons-Gade Plutonium Deal
Russia had to suspend its treaty and arrangement with US Weapons-Gade Plutonium Dea. This is due to some illegal breaches made by US, Russia claimed.
General Electric Eyes $150 Million Nigerian Investment
U.S. industrial firm General Electric (GE.N) plans to invest around $150 million in Nigeria by 2017 U. S. industrial firm General Electric will be investing around $150 million in Nigeria by 2017, Forbes reported.
New York Authorities Orders Trump's Foundation to Stop Fund Raising
Amidst of his candidacy, Donald Trump is facing verdict side by side. One of those is this matter about the issue in the registration of his foundation in New York.
NYC Strengthens Women in Film and Theater with $5 Million Allocated Fund
$5 Million Allocated Fund by NYC was allocated to empower women in the field of Field and Theater. New York City Mayor's Office of Media and Entertainment (HOME) has recently launched a five-part program which includes $5 million fund for women specializing in the fields of film and theater, making NYC the first municipality in the United States to invest on such initiative.
Latest News
Wall Streel indexes continued to stay in positive territory as financial sector was catching up. Global stock market responded and climbing to the highest level in 2016.
Department of Justice filed lawsuit against ValueAct Capital last week, related to Halliburton and Baker Hughes merger. Meanwhile, ValueAct on Monday claimed no wrongdoing and will defend its position.
Leaders of the world's economy began their regular meeting on Thursday discussing necessary steps to boost growth and consumption. While G20 also held a meeting with similar agenda.
The U.S. Court of Appeals on Wednesday cleared Argentina to sell $15 billion bonds in the market. The country expects to issue the bonds within this week.
Medical marijuana will be legalized after Gov. Wolf signs the bill on Sunday after the 149-46 vote in favor of marijuana legalization. However, it will take about two years before sufferers of acute ailment can get advantage of the benefits because of the several processes including regulatory and growing process.
Alibaba is about to acquire Singaporean start-up Lazada for about $1 billion that was established by the German technology Rocket Internet. Existing shareholders including Tesco, AB Kinnevik and Rocket Internet will sell a portion of their shares to Alibaba.
WP29 on Wednesday was calling for changes in the commercial data transfer agreement between US and EU. The agency said it does not provide enough protection for privacy for European users.
US safety regulator announced Wednesday that Takata still need to recall its defective airbags. NHTSA said unless Takata proved them to be safe, all remaining airbags in US vehicles must be recalled eventually.
London's FTSE 100 rose on Wednesday to reach record high. European shares continued its rally led by mining stocks as China reported increase of export.
