International News U.S. posts $6 billion budget surplus in June Noha Gad Jul 14, 2016 0 The U.S. federal government posted a budget surplus of $6 billion in June, compared with a surplus of $50 billion…
Industry & Trade China’s June exports fall 4.8% , more than forecast Noha Gad Jul 13, 2016 0 China's June exports fell by a more-than-expected 4.8 percent from a year earlier, while imports declined 8.4…
International News U.S. June jobs growth was robust; 287,000 jobs added Noha Gad Jul 9, 2016 0 U.S. employers added 287,000 jobs in June, a surprisingly strong showing. The unemployment rate nonetheless rose to…
Industry & Trade U.S. auto sales growth falls short of estimates Noha Gad Jul 2, 2016 0 The pace of U.S. auto sales slowed in June compared to a year ago, as slumping sales of sedans offset strong demand…
International News Euro zone returns to inflation in June, at modest 0.1pct rate Noha Gad Jun 30, 2016 0 The euro zone returned to inflation in June after four months of falling or stagnant consumer prices, principally…
International News German unemployment falls more than expected in June Noha Gad Jun 30, 2016 0 German unemployment fell more than expected in June and the jobless rate in Europe's biggest economy remained at a…
USA Wall Street sees no rate hike in June; weak U.S. payrolls, ‘Brexit’ weigh Noha Gad Jun 4, 2016 0 Wall Street's top banks unanimously expect the Federal Reserve to leave interest rates unchanged this month,…
unclassified Wall Street sees no rate hike in June; weak U.S. payrolls, ‘Brexit’ weigh Noha Gad Jun 4, 2016 0 Wall Street's top banks unanimously expect the Federal Reserve to leave interest rates unchanged this month,…
Industry & Trade Egypt, Lebanon to launch offshore firm for Egyptian exports in Africa next June Noha Gad May 28, 2016 0 Egyptian trade ministry is set to finish launching the Egyptian-Lebanese company for enhancing Egyptian exports to…
Banks Fed rate hike likely appropriate in coming months- Yellen Noha Gad May 28, 2016 0 The Federal Reserve should raise interest rates "in the coming months" if the economy picks up as expected and jobs…