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Archive

World

Thursday, November 7, 2019

Eurozone economy at risk of contracting in Q4
World

Eurozone economy at risk of contracting in Q4

Eurozone business activity grew more than initially thought last month but remained close to stagnation, according to a survey whose forward-looking indicators suggest the existing growth might dissipate. Wednesday's survey of businesses comes soon after
Updated 07 Nov, 2019 08:18am
Uber shares fall to record low
World

Uber shares fall to record low

Uber Technologies Inc fell as much as 9% to a record low on Wednesday after shares held by early investors became available for sale following the expiration of a six-month restriction related to the ride-hailing company's initial public offering.
Updated 07 Nov, 2019 08:25am
Advertising woes hit NY Times
World

Advertising woes hit NY Times

The New York Times said Wednesday that profits slipped in the third quarter as declines in advertising revenues offset gains in its digital subscription efforts.
Updated 07 Nov, 2019 08:14am
BMW boosts Q3 profits
World

BMW boosts Q3 profits

German carmaker BMW said Wednesday it was on track to hit performance targets for 2019 despite "difficult conditions", after the third quarter brought rising sales and profits.
Updated 07 Nov, 2019 07:57am
South Africa investment summit draws few foreign pledges
World

South Africa investment summit draws few foreign pledges

South African President Cyril Ramaphosa secured about 200 billion rand ($13.5 billion) of new investment pledges on Wednesday, saying these would spur economic growth and reduce unemployment, but foreign firms made few commitments.
Updated 07 Nov, 2019 07:57am
Xi, Macron unite on climate
World

Xi, Macron unite on climate

Chinese leader Xi Jinping and French President Emmanuel Macron declared on Wednesday that the Paris climate pact was "irreversible", showing a united front after Washington formally withdrew from the accord this week.
Updated 07 Nov, 2019 07:57am
Lufthansa cancels 1,300 flights over strike
World

Lufthansa cancels 1,300 flights over strike

Lufthansa said Wednesday it was scrapping 1,300 flights as German cabin crew pressed ahead with a two-day strike, plunging passengers into travel chaos amid an escalating row over pay and conditions.
Published 07 Nov, 2019 12:00am
China launches Sudan's first ever satellite
World

China launches Sudan's first ever satellite

Sudan's first ever satellite for conducting research in military, economic and space technology has been launched by China, the northeast African country's ruling body said Tuesday. General Abdel Fattah al-Burhan, who heads Sudan's sovereign council, anno
Updated 07 Nov, 2019 07:53am
Russia strikes kill six civilians in Syria
World

Russia strikes kill six civilians in Syria

Air strikes by regime ally Russia killed six civilians in an embattled anti-government bastion in northwestern Syria Wednesday, a Britain-based war monitor said.
Updated 07 Nov, 2019 07:59am
Head of UN Palestinian agency resigns
World

Head of UN Palestinian agency resigns

The head of the UN agency for Palestinian refugees has resigned amid an internal probe into alleged mismanagement and ethical abuses at the organization, the United Nations said Wednesday.
Updated 07 Nov, 2019 07:18am