Mumbai: The BSE Sensex came under relentless selling pressure in early trade Friday, plunging almost 300 points on heavy selling in banking, financial, capital goods and FMCG stocks amid sustained foreign fund outflows and weak global cues.
Analysts said the reading points to a sustained recovery, with some saying they may now need to upgrade their forecasts for economic growth in the single currency area. "This rounds out a run of data that provides evidence of building pipeline inflation pressures. This will help to build a case for European Central Bank tapering next year", said Bert Colijn at ING.
T-Mobile CEO John Legere is expected to lead the combined company if there is a merger, but Softbank founder and CEO Masayoshi Son "has made it clear he wants a say in how the company is run", CNBC wrote. Other possible indications of the prospective deal include T-Mobile and Sprint seeing the political and legal climate as friendly, or more hands-off.
Trump has praised Yellen's work leading the Fed since he took office and said he was considering asking her to serve as chairwoman again. Yellen says that inflation has been below target since 2013 for a variety of factors. German equivalents DE10YT=TWEB , the benchmark for euro zone borrowing costs, fell 1.3 bps to 0.44 percent. The Fed views the job market as strengthening, but it notes that inflation is running below its 2 percent annual target.
His apology comes as pilots continue to demand improved working conditions. However, after an intervention from the Civil Aviation Authority the airline will now have to accommodate passengers on rival airlines - if necessary. Cabin crew have also been emboldened by the dispute with pilots and are set to take advantage of Ryanair's problems to seek improvements to their own terms.
The statement didn't explain the delay in the announcement, the exact date the system was breached and whether information about any specific company was targeted. "There are certain types of sensitive data that we must obtain from market participants in order to fulfill our mission", Clayton stated. However, hackers may have gotten their hands on nonpublic information.