Archive for the January 17, 2019
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A Chinese state-owned company marked on Wednesday the completion of an ambitious land reclamation adjacent to Sri Lanka's capital Colombo, part of Beijing's "Belt and Road" infrastructure initiative that has alarmed India and the West.
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Bangladesh factories making clothes for Western brands have sacked hundreds of workers after more than a week of strikes and clashes over wages, police and trade unions said Wednesday. The country's $30-billion clothing industry is
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British annual inflation slowed in December to a two-year low on falling motor fuel and oil prices, sitting just above the Bank of England's target, official data showed Wednesday. The Consumer Prices Index 12-month rate
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China's home prices remained buoyant in December as big cities rebounded, a sign that Beijing's efforts to support its slowing economy may be putting a floor on the real estate market. Investors have been closely
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China will step in to support private businesses and cut taxes to boost the slowing economy, Premier Li Keqiang said Wednesday. Growth in the world's second largest economy is flagging, dragged down by the trade
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Irish fast food chain Supermac's announced Tuesday it had won a European Union battle against global giant McDonald's over the use of the Big Mac and Mc trademarks. Supermac's asked the European Union Intellectual Property
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Turkey Wednesday kept its main interest rate unchanged for a third time since a dramatic hike in September, in line with market expectations and helping the lira rally against the dollar. The central bank said
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The head of Goldman Sachs on Wednesday apologized to Malaysia for a Goldman partner's role in the 1MDB scandal even as he defended the firm as a whole. Goldman Chief Executive David Solomon reiterated during
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The head of Goldman Sachs on Wednesday apologized to Malaysia for a Goldman partner's role in the 1MDB scandal even as he defended the firm as a whole. Goldman Chief Executive David Solomon reiterated during
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Ford said Wednesday it expected to post a $112 million loss in the fourth quarter of 2018 as the automaker implements a massive restructuring in the United States and Europe. The second-biggest US automaker said
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