Paul Johnson, director of the Institute for Fiscal Studies , whose biannual post-budget statements are considered the gold standard in economic analysis among British politicos, said at a Thursday press conference that projections unveiled on Wednesday by chancellor Philip Hammond painted a "dreadful" picture of future living standards in the United Kingdom.
South Korea's Yonhap news agency reported earlier that prosecutors were looking into whether the presidential office played a role in the pension service's vote to support the controversial merger of two Samsung companies previous year. Elliott was the third biggest shareholder of Samsung C&T before the merger. President Park's lawyer has refused prosecutors requests to question her about the case.
In 1.02pm trading, the Standard & Poor's 500 Index slipped 0.06 percent. The Dow hit 19,000 for the first time ever on Tuesday. Health care companies are taking some of the biggest losses. The U.S. stock market will be closed on Thursday and will close early on Friday. Kinross Gold Corp lost 8 per cent to $4.27. President-elect Donald Trump's promises of tax cuts, higher spending on infrastructure and less regulation have been seen by investors as beneficial to certain industries, ...
Distillate fuel products supplied averaged 4.0 million barrels per day over the same period, up by 1.9% from the same period last year, and, total products supplied over the last four-week period averaged about 19.9 million barrels per day, up by 1.6% from the same period last year, according to the report.
However, most of the work will remain at its existing locations "for the foreseeable future", the company said. Boeing intends to elevate its airplane services arm to be a major division on the level of its two premier divisions: defense and space, and commercial airplanes.
The gap between 10-year government bonds in the United States and Germany widened to 200 basis points, its widest level since at least 1990, as investors expect the European Central Bank will keep monetary policy loose to stoke euro zone inflation.