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MessagePosté le: Sam 14 Juil - 06:54 (2018)    Sujet du message: finances and its Répondre en citant

NEW YORK, April 15 (Xinhua) -- U.S. stocks closed mildly lower Friday after wavering in a tight range, as investors assessed declines in oil prices amid downbeat economic data.

The Dow Jones Industrial Average fell 28.97 points, or 0.16 percent, to 17,897.46. The S&P 500 inched down 2.05 points, or 0.10 percent, to 2,080.73. The Nasdaq Composite Index lost 7.67 points, or 0.16 percent, to 4,938.22.

Oil prices retreated further Friday, with both U.S. oil and Brent crude on a three-day losing streak, as traders kept cautious ahead of a Doha producers' meeting.

Oil producers led by top exporters Saudi Arabia and Russia will meet in Doha, Qatar on Sunday to discuss freezing output around current levels.

On the economic front, U.S. industrial production decreased 0.6 percent in March for a second month in a row, according to the Federal Reserve Friday.

"Optimism out of China last night, combined with recoveries in almost every regional manufacturing index tracked by the Fed, has investors counting on a strong rebound in the second quarter," said Jay Morelock, an economist at FTN Financial.

Overseas, China's economy continued to slow in the first quarter of 2016, official data showed on Friday, but several key indicators pointed to signs of stabilizing.

The country's Gross Domestic Product in the first quarter of 2016 grew 6.7 percent year on year to reach 15.9 trillion yuan (2.4 trillion U.S. dollars), according to the National Bureau of Statistics.

In corporate news, Citigroup reported Friday first quarter 2016 net income of 3.5 billion dollars, or 1.10 dollars per diluted share, on revenues of 17.6 billion dollars. Both the bank's earnings and revenue topped expectations. Shares of Citi, however, edged down 0.13 percent to 44.92 dollars apiece.

For the week, all three major indices posted solid gains, with the Dow, the S&P 500 and the Nasdaq surging 1.8 percent, 1.6 percent and 1.8 percent, respectively.



LONDON, Aug. 31 (Xinhua) -- A Hungarian tourist was exploring mountains near the Swiss town of Gimmelwald when he got lost. Fortunately, a black-and-white cat appeared and led him back to his hostel, the Daily Mail reported Tuesday.

"It was the end of the ski season when I got to (the alpine village of) Lauterbrunnen, so the lifts weren't working and some of the trails were closed. So I followed a roundabout trail up the mountain, and then followed those ski lifts further, eventually getting to the top, where I decided to follow a train track into the middle of a totally empty town, Gimmelwald," said the man, who called himself sc4s2cg on Reddit.

"I was checking my map to see how I could get back to the hostel, and the only official way down was through a trail that was closed. That's how I met that handsome cat, who noticed me as I was eating a snack and resting my sprained ankle," he wrote on Reddit.

"As soon as I got up she started guiding me along some path... She kept looking at me to follow and led me straight to the path that would take me back down to the valley."

The man then shared his video of the cat. Other tourists who had climbed the mountain also shared photos of their own experiences with the feline guide.

The cat turned out to be owned by a couple who run a nearby hostel and it regularly joined travelers at the mountain.

NICOSIA http://www.ottawasenatorsteamstore.com/adidas-fredrik-claesson-jersey , Oct. 25 (Xinhua) -- Rating agencies Fitch, Standard & Poor's have upgraded Cyprus's ratings http://www.ottawasenatorsteamstore.com/adidas-filip-chlapik-jersey , citing a better than expected performance of the economy, according to statements made available in Nicosia on Saturday.

Cyprus is in the second year of a three-year economic adjustment program following its bailout by the Eurogroup and the International Monetary Fund (IMF) in March http://www.ottawasenatorsteamstore.com/adidas-erik-karlsson-jersey , 2013.

The eastern Mediterranean island received a 10-billion-euro (12.7 billion U.S. dollars) package which plucked it off the brink of bankruptcy following years of mismanagement of public finances and its shutting out of international markets in mid-2011.

Fitch upgraded Cyprus's outlook to positive from stable, citing better than expected public finances performance and smaller budget deficits.

The agency also affirmed its long-term foreign and local currency Issuer Default Ratings (IDRs) at "B-" http://www.ottawasenatorsteamstore.com/adidas-dion-phaneuf-jersey , as well as the issue ratings on Cyprus's senior unsecured foreign and local currency bonds at "B-".

It said developments in public finances continued to materially exceed its April previous expectations due in part to a shallower recession and a substantially lower public deficit as a result of strong performance by tourism and the services sectors.

Fitch expects the recession to last longer than assumed under the EUIMF program, with the economy projected to shrink by around 0.8 percent in 2015.

Standard & Poor's Ratings Services raised its long-term foreign and local currency sovereign credit ratings for Cyprus to "B+" from "B" and also affirmed the short-term foreign and local currency ratings at "B".

It said Cyprus's outlook remains at stable.

"Cyprus is strongly committed to its economic adjustment program http://www.ottawasenatorsteamstore.com/adidas-derick-brassard-jersey , " Standard & Poor's said, projecting Gross Domestic Product to contract by about 3 percent in 2014 against a forecast of 3.8 percent.

The agency said it expects a growth of 0.6 percent in 2015.

Cyprus's government welcomed the upgrading as a positive development and vowed to continue its reforms and the streamlining of the economy.

DALIAN http://www.ottawasenatorsteamstore.com/adidas-daniel-alfredsson-jersey , Oct. 18 (Xinhua) -- The fourth plant of Dongfeng Nissan Passenger Vehicle Company, a joint venture between Japanese automaker Nissan and its Chinese counterpart Dongfeng Motors Corporation http://www.ottawasenatorsteamstore.com/adidas-craig-anderson-jersey , was put into operation on Saturday in the northeastern port city of Dalian.

The plant, with an investment of 5 billion yuan (813 million U.S. dollars) and an annual production capacity of 150 http://www.ottawasenatorsteamstore.com/adidas-colin-white-jersey ,000 automobiles, will foc.


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