U.S. loan demand for home purchases lowest since February: MBA
NEW YORK (Reuters) – Weekly applications for U.S. home mortgages fell to their lowest level in five months even as borrowing costs declined, according to data from an industry group released on Wednesday.
U.S. private sector adds 179,000 jobs in July: ADP
NEW YORK (Reuters) – U.S. private employers added 179,000 jobs in July, above economists’ expectations, a report by a payrolls processor showed on Wednesday.
Air freight demand picks up in June, grows 4.3 percent: IATA
BERLIN (Reuters) – Demand for air freight rose 4.3 percent in June, the fastest rate for 14 months, according to the International Air Transport Association.
Private company wins U.S. clearance to fly to the moon
CAPE CANAVERAL, Fla. (Reuters) – A Florida-based company won U.S. government permission on Wednesday to send a robotic lander to the moon next year, the firm’s founder said, marking the first time the United States has cleared a private space mission to fly beyond Earth’s orbit.
Further German states consider suing VW over emissions scandal
BERLIN (Reuters) – The German states of Hesse and Baden Wuerttemberg are considering joining Bavaria in suing Volkswagen for damages caused by its emissions-test cheating scandal.
Under Tesla’s wing, SolarCity’s future remains uncertain
(Reuters) – After four rocky years as a publicly traded company in the volatile renewable energy sector, SolarCity Corp may now be wading into an equally uncertain future.
Bitcoin worth $72 million stolen from Bitfinex exchange in Hong Kong
HONG KONG (Reuters) – Nearly 120,000 units of digital currency bitcoin worth about US$72 million was stolen from the exchange platform Bitfinex in Hong Kong, rattling the global bitcoin community in the second-biggest security breach ever of such an ex…
European bank rebound not enough to save world stocks from further losses
LONDON (Reuters) – World stocks fell for a third straight day on Wednesday, depressed by growing nervousness surrounding central bank policy and the recent spike in world bond yields, although European bank shares rebounded after two major earnings rep…
Goldman Sachs says UK midcaps vulnerable after rebound
LONDON (Reuters) – Goldman Sachs strategists said domestic-facing UK midcap stocks are not fully reflecting the worsening in the economy since the referendum, leaving them vulnerable relative to the blue-chips on the FTSE 100 that are likely to benef…
Taiwan says set to order Uber to exit market
TAIPEI/HONG KONG (Reuters) – Taiwan’s Investment Commission said on Wednesday it is set to order Uber Technologies Inc [UBER.UL] to exit the domestic market, saying the global ride-hailing giant misrepresented its business as an internet-based informat…
