(Bloomberg) Facebook experienced a global service outage on Monday in what the company said was due to a network configuration problem. Facebook’s Instagram, WhatsApp, and messenger social network services went…
(Bloomberg) China has ordered its financial institutions to increase lending to the energy sector firms to ease the power shortage this winter. The China Banking and Insurance Regulatory Commission says…
(IHS Markit) UK Services Business Activity Index was 55.4 in September, a slight recovery from a six-month low of 55.0 in August. Despite the recoveries in the UK service sector,…
(Statistics Bureau of Japan) Consumer prices surged by 0.5% in the Ku-area of Tokyo to reach an index of 100.1 in September from August. The index was up 0.3% year…
(Reuters) The US Investors are hesitant to cut technology stocks in their portfolio amid poor stock market performance that has seen most indices dip. S&P 500 technology sector index dipped…
(IHS Markit) Eurozone Composite Output Index was 56.2 in September, a further fall from 59.0 in August and a 15-year record high in July. At an output index of 56.2,…
(IATA)The International Air Transport Association is warning that a $2.3 billion increase in airport and air navigation service provider charges could hamper air transport recovery. IATA says the costs could…
(Ford) Ford automobile retail sales rose by 34.3% in September from August, taking its total sales in the US to 156,614. The sales reflected revamped production and inventory in August,…
(Census Bureau) US orders for manufactured goods rose by 1.2% or $6.2 billion in August to reach $515.7 billion. The increase was higher than a jump of 0.7% in July.…
(OPEC) OPEC+ members have agreed to stick with a scheduled 400,000 barrel-a-day supply hike for November. The news pushed West Texas Intermediate crude up by about 2.4% to $77.68 a…
(BoE) The Bank of England boosted the reserve balances on the balance sheet to a record of almost 900 billion pounds following the asset purchase program launched in March 2019…
(Global Times) Hopson Development Holdings Co. is seeking to acquire up to 51% of China’s Evergrande group’s property management unit. The deal is valued at about 40 billion HKD or…