Forex - Sterling Edges Higher, UK GDP Data Eyed

10.07.2018, 11:02

The pound edged higher on Tuesday despite fresh uncertainty over Brexit following the resignations of David Davis and Boris Johnson, as investors awaited growth data that could keep the Bank of England on track for an August rate hike.

Bitcoin Inches Down as Floods, Heat Wave Dent Mining Capacity

09.07.2018, 19:15

Bitcoin inched down on Monday, as floods in China and a European heat wave weighed on global mining capacity.

BMW, Daimler, telcos in push to get EU adopt connected car standard

09.07.2018, 18:14

BRUSSELS - BMW, Daimler, Deutsche Telekom (DE:DTEGn) and Ericsson (BS:ERICAs) have urged the European Commission to back a technology for connected cars they believe would help to speed up the rollout of 5G mobile networks across the bloc.

Samsung opens world's largest phone factory in India

09.07.2018, 17:13

MUMBAI - Samsung Electronics (KS:005930) has formally opened a new factory in India, which the South Korean tech group says is the world's biggest mobile phone manufacturing plant, part of its plans to expand production in the world's fastest growing major mobile phone market.

U.S. trade deficit drops to one-and-a-half year low in May

09.07.2018, 16:12

WASHINGTON, The U.S. trade deficit fell to a 1-1/2-year low in May as exports rose to a record high, boosted by an increase in shipments of soybeans and commercial aircraft.