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World Bank Says Russian Macro Forecast Better Than Expected, Russian Stocks Higher
2015-06-02 19:57:33| IT Services - Topix.net
The World Bank came out on Tuesday and revised its Russian GDP forecast to a 2.7 percent decline through 2015, marking an improvement from the previous 3.8 percent contraction that was previously projected. The Moscow Times cited the bank's lead economist for Russia who noted that the revision is attributed to a recovery in oil prices in recent months, a stronger ruble and slowing inflation.
Tags: world
higher
expected
bank
US auto sales expected to fall slightly in May
2015-06-02 15:26:23| Auto Dealers - Topix.net
Fiat Chrysler says its U.S. sales rose 4 percent in May on strong demand for its Jeep and Ram brands. Jeep sales rose 13 percent.
Apple expected to unveil USD 10 per month music service soon
2015-06-02 10:20:00| Telecompaper Headlines
(Telecompaper) Apple is expected to unveil a new USD 10 per month music streaming service during its developers conference next week, the Wall Street Journal reported, citing sources familiar with the plans. Unlike Spotify, which has an ad-supported service as well subscription, Apple will make only a handful of songs available for free listening, the sources said. Apple also plans to augment its free, ad-supported internet radio service with channels programmed and hosted by human DJs. People familiar with Apple's thinking say the company is prepared to cannibalize its download business in favor of streaming. While the company has been securing licensing deals with music companies, it has not yet closed deals with the big three, namely Vivendi's Universal Music Group, Sony's Sony Music Entertainment and Warner Music Group, owned by billionaire Len Blavatnik's Access Industries, according to people familiar with the talks. Many in the music industry expect such deals soon.
Tags: service
music
month
soon
VIDEO: India central bank rate cut expected
2015-06-02 01:16:42| BBC News | Business | UK Edition
India's central bank is expected to cut interest rates for the third time this year when it meets later today, even though the economy is growing strongly.
Tags: video
rate
central
expected
Pork Professionals from 41 Countries Expected at 2015 World Pork Expo
2015-06-01 02:00:00| ThePigSite - Industry News
US - Twenty thousand pork producers and other professionals from throughout the world will visit World Pork Expo, June 3-5, at the Iowa State Fairgrounds in Des Moines, Iowa.
Tags: world
expected
countries
professionals
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