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World

Thursday, January 2, 2020

UK manufacturing shrinks again
World

UK manufacturing shrinks again

The IHS Markit UK Manufacturing purchasing managers' index (PMI) stood at 47.5 last month, the group said in a stat
Published 02 Jan, 2020 02:06pm
China to cut reserve requirement for banks as economy slows
World

China to cut reserve requirement for banks as economy slows

China's central bank announced Wednesday it was cutting the reserve requirements for banks, freeing up about $114 billion to boost lending and spur the slowing economy. The People's Bank of China will cut the reserve requirement ratio (RRR) on January 6 b
Published 02 Jan, 2020 12:00am
Drugmakers from Pfizer to GSK to hike US prices on over 200 drugs
World

Drugmakers from Pfizer to GSK to hike US prices on over 200 drugs

Drugmakers including Pfizer Inc , GlaxoSmithKline PLC and Sanofi SA are planning to hike US list prices on more than 200 drugs in the United States on Wednesday, according to drugmakers and data analyzed by healthcare research firm 3 Axis Advisors.
Published 02 Jan, 2020 12:00am
French unions vow no surrender in month-long strike
World

French unions vow no surrender in month-long strike

The leader of France's hardline CGT union on Wednesday urged all workers to join pension strikes that have crippled public transport over the past month, as a showdown with President Emmanuel Macron enters a second month. In his New Year's address Tuesday
Published 02 Jan, 2020 12:00am
Britain will raise minimum wage by more than 6 percent in 2020
World

Britain will raise minimum wage by more than 6 percent in 2020

Britain's national minimum wage will rise by more than 6% next year, taking it to 8.74 pounds ($11.49) an hour, the government announced on Tuesday. The move puts Britain on track to meet its target for the minimum wage to reach 60% of median earnings by
Published 02 Jan, 2020 12:00am
Brazil hikes minimum wage more than expected
World

Brazil hikes minimum wage more than expected

Brazil's minimum wage will be increased to 1,039 reais ($258) a month in 2020, the government said on Tuesday, a higher level than it had previously forecast that will require even tighter controls on spending to ensure its fiscal rules are not broken.
Published 02 Jan, 2020 12:00am
Nine dead after Jakarta hit by New Year flooding
World

Nine dead after Jakarta hit by New Year flooding

Nine people died after Indonesia's capital was hit by its deadliest flooding in years, authorities said Wednesday, as torrential rains on New Year's Eve left vast swathes of the megalopolis submerged.
Published 02 Jan, 2020 12:00am
Massive HK pro-democracy rally ends in police clashes
World

Massive HK pro-democracy rally ends in police clashes

A huge New Year's Day pro-democracy rally in Hong Kong ended in mass arrests and clashes between police and hardcore protesters, as demonstrators sought to carry their movement's momentum into 2020. Hong Kong has been battered by nearly seven months of un
Published 02 Jan, 2020 12:00am
North Korea ends test moratoriums, threatens 'new' weapon
World

North Korea ends test moratoriums, threatens 'new' weapon

North Korean leader Kim Jong Un has declared an end to moratoriums on nuclear and intercontinental ballistic missile tests and threatened a demonstration of a "new strategic weapon" soon. Analysts said the announcement, reported by state media on Wednesda
Published 02 Jan, 2020 12:00am
Taliban kill 23 in attacks on Afghan checkpoints
World

Taliban kill 23 in attacks on Afghan checkpoints

At least 23 Afghan security forces were killed in a series of Taliban attacks across the country, officials said Wednesday, despite winter snowfall that usually leads to a lull in violence. The assaults targeted vulnerable checkpoints in at least three no
Published 02 Jan, 2020 12:00am
Syria regime fire kills nine in school turned shelter
World

Syria regime fire kills nine in school turned shelter

Land-to-land missiles fired by Syrian regime forces killed nine civilians including five children in a school in northwestern Syria on Wednesday, a war monitor said. Part of the building in the town of Sarmeen had been turned into a shelter for the displa
Published 02 Jan, 2020 12:00am
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