Archive for the January 5, 2017
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General Motors Co on Wednesday reported an unexpected 10 percent rise in December US auto sales while Ford Motor Co also beat forecasts, indicating that 2016 results will beat a record high set in 2015.
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Economists at HSBC on Wednesday raised their forecast for global growth and inflation over the next two years based on robust manufacturing activity, a resilient China and above all the fiscal boost expected to come
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Norway made a record amount on its salmon sales last year, helping to partially offset a drop in oil revenues, the main engine of the country's economy, data showed Wednesday. Amid lower harvests and problems
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China has agreed for thousands of migrant construction labourers to work in Israel in a bid to alleviate a housing crisis in the Jewish state, the Israeli government said Wednesday. The agreement would see 6,000
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Spain's jobless queue shrank sharply last year, dropping by 9.5 percent, the labour ministry said Wednesday, as unemployment continues to recede from the record highs seen during the 2013 crisis. The ministry said 3.7 million
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Carmakers sold more vehicles in Germany in 2016 than in any year since 2009, figures released by the German Association of the Automotive Industry (VDA) showed on Wednesday. A total of 3.4 million new cars
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Activity in Britain's construction sector expanded at the fastest rate in nine months in December, boosted by more house building, but sterling's weakness drove the biggest rise in costs in over five years, an industry
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Panama said Tuesday it will hold talks with France in the coming days, after Paris confirmed the Central American country was back on its blacklist of tax havens because of the Panama Papers leak. The
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Inflation in the eurozone jumped in December to the highest level in more than three years on the back of surging oil prices, official EU figures showed on Wednesday. The 1.1 percent figure for the
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Tokyo shares surged Wednesday on the first trading day of 2017, following gains on Wall Street driven by optimism over the US economy. The dollar's rise also perked up sentiment, with analysts expecting the Japanese
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