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Monday, February 20, 2017

Archives for January 2017


Eurozone inflation remains weak in the coming years

Inflation in the Eurozone will remain weak in the coming years, suggesting that the European Central Bank (ECB) is still far from reducing unprecedented quantitative easing program and measures to stimulate the economy. The core inflation rose to 1.1% in 2016, which is half of the target of the regulator. The forecasts of the European

US jobless claims

US jobless claims fell to historically low level

The number US jobless claims fell last week, supported by the historically low level of cuts, suggesting that the labor market continues to tighten. The number of applications for unemployment benefits fell by 15,000 to a seasonally adjusted 234,000 in the week to January 14, according to the data of Labor Department. The expectations of

Netflix Trumps Estimates with Millions of New Subscribers

Once considered on the decline, streaming service Netflix posted a whopping gain over estimates as expansion into other markets helped the company achieve tremendous subscribers over the latest period of reporting. Reports indicate that the company added nearly two million new subscribers in the U.S. and over five million around the globe. Analysts had estimated

Tobacco Company Sold as British American Tobacco Buys Reynolds American

Another billion dollar deal has taken place in the marketplace with British American Tobacco (NYSEMKT:BTI) offering $49 billion for Reynolds American company (NYSE:RAI) on Tuesday. The brand manufacturer of popular cigarettes like Camel, Newport, Lucky Strike and Pall Mall will now be part of the company with the highest tobacco sales in the world. The

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