Australia’s NAB cuts 300 staff over wrongdoing
About 300 staff of National Australia Bank have been fired or left the company as a result of internal investigations into wrongdoing, Chief Executive Andrew Thorburn said on Friday, following public revelations of misconduct across the sector.
China’s third quarter GDP growth slowest since 2009, misses expectations
China’s third quarter economic growth slowed to its weakest pace since the global financial crisis, and missed expectations, as a years-long campaign to tackle debt risks and the trade war with the United States began to bite.
China September industrial output weakens; investment, retail sales beat expectations
China’s industrial output grew 5.8 percent in September from a year earlier, missing expectations, while fixed-asset investment growth rose to 5.4 percent in the first nine months, above forecasts, data showed on Friday.
China January-September property investment up 9.9 percent year-on-year
Real estate investment in China rose 9.9 percent in the first three quarters of 2018 versus the same period a year earlier, official data showed on Friday.
China third quarter GDP growth slows to 6.5 percent year-on-year, missing forecast
China’s economy grew at a slower than expected pace of 6.5 percent in the third quarter from a year earlier, marking the weakest rate since the global financial crisis, official data showed on Friday.
Asia shares extend slump as global sentiment sours
Stocks in Asia fell on Friday as global sentiment soured on issues ranging from trade worries, Italy’s 2019 budget, higher U.S. interest rates and growth concerns in China that led to a slump in Chinese shares in the previous session.
Australia’s NAB cuts 300 bankers over wrongdoing
About 300 staff of National Australia Bank have been fired or left the company as a result of internal investigations into wrongdoing, Chief Executive Andrew Thorburn said on Friday, following public revelations of misconduct across the sector.
Tesla launches new $45,000 Model 3
Tesla Inc on Thursday introduced a new $45,000 version of its Model 3 sedan on its website, launching the car as U.S. tax breaks for Tesla cars are about to decrease.
Exclusive: U.S. asks for WTO panel over metals tariff retaliation
The United States is requesting that a World Trade Organization dispute resolution panel get involved in a clash over international retaliation over U.S. tariffs on steel and aluminum, according to a U.S. official familiar with the matter.
UK should bring forward new petrol and diesel car ban to 2032 – lawmakers
Britain should bring forward a ban on the sale of new petrol and diesel cars and vans by eight years to 2032 to help the country reduce its greenhouse gas emissions, a parliamentary committee said on Friday.
