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Trade war will slowdown euro area growth

According to the poll conducted by Reuters, euro area will show stable but modest level of economic growth this and next year.

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Shares of Xiaomi lost 19% of value after IPO

Xiaomi Corp. raised significant amount of money during its IPO, promising investors to become fast-growing Internet-company.

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Wheat reserves depleted

Hot and dry summer resulted in depletion of wheat reserves in many producing countries to the lowest level since 2007-2008, Reuters repo

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US equity futures are falling: Market News

According to Bloomberg, US futures are falling today, while stocks in Asia and Europe show mixed picture.

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UK will leave doors open to banks and investors from European Union

UK will most likely leave doors open to banks and investors from European Union to protect position of London as global financial center

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US airlines are cutting flights between the US and China

Two US airlines are cutting flights between the US and China, Reuters reports.

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Liechtensteinische Landesbank is planning new purchases

After purchasing two financial institutions in Switzerland and Austria, Liechtensteinische Landesbank AG (LLB), the largest listed bank

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BHP will raise oil output and fasten implementation of new projects

BHP Billiton Ltd.

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