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World stock markets mostly higher ... Senators to vote on GOP health care amendment ... Italy's largest bank is hacked

By The Associated Press | Posted - Jul. 26, 2017 at 4:45 a.m.



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HONG KONG (AP) — World stock markets are mostly higher today, lifted by another record day on Wall Street and buoyant oil prices. Investors are keeping a cautious eye on the Fed's upcoming interest rate decision. In early trading, European shares are up. Most Asian markets closed up, but South Korea's Kospi index slipped 0.2 percent. Dow and S&P futures signal a higher opening on Wall Street.

WASHINGTON (AP) — Senators on Capitol Hill plan to vote today on a Republican amendment to repeal much of President Barack Obama's health care law and give Congress two years to put together a replacement. A combination of solid Democratic opposition and Republicans unwillingness to tear down the law without a replacement in hand are expected to defeat the plan.

BRUSSELS (AP) — The European Union's top court says sharing airline passenger data breaches citizens' privacy and cannot be concluded in its current form. Today's advisory opinion by the European Union Court of Justice's Advocate General is a setback to attempts between the EU and Canada to share airline data in the fight against extremism. The opinion says transferring passenger data from the EU to Canada and the possibility that the information could be shared with others "entail an interference with the fundamental right to respect for private life."

LONDON (AP) — Britain's economy picked up only slightly in the second quarter, expanding by 0.3 percent between April and June compared with the paltry 0.2 percent of the first three months of the year. The Office of National Statistics says that flagging industrial production and construction output dragged on growth. Economists have been downgrading their forecasts for Britain's economy as the country embarks on the process of leaving the European Union.

MILAN (AP) — Italy's largest bank, Unicredit, says accounts of some 400,000 customers in Italy have been hacked. The bank says that the hackers accessed only data related to personal loans, and that it was breached through an unidentified external commercial partner. Initial breaches occurred September and October last year and had not previously been disclosed.

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The Associated Press

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