China to loosen one-child policy, end labor camps
BEIJING (Reuters) – China will ease its family planning policies and abolish a controversial labor camp system, according to a key document issued after a ruling Communist Party meeting, the official Xinhua news agency said on Friday.
Japan exports seen rising at fastest in three years as demand recovers
TOKYO (Reuters) – Japan’s exports rose in October at their fastest pace in three years in a sign that overseas demand is picking up pace again, a Reuters survey showed, which could help ease concerns about the global economic recovery.
VW group sales up 3.8 percent in October on North America, China
BERLIN (Reuters) – Germany’s Volkswagen said group vehicle sales increased 3.8 percent in October on demand from North America and China.
S. Korean steelmaker POSCO CEO resigns
SEOUL (Reuters) – South Korean steelmaker POSCO said on Friday chief executive Chung Joon-yang is leaving, the second major management change in the country’s private sector in less than a month.
France sold 4.7 percent of defense group Safran: finance minister
PARIS (Reuters) – The French state has sold a 4.7 percent stake in defense contractor Safran in a share placement, generating proceeds of 900 million euros ($1.2 billion), Finance Minister Pierre Moscovici said on Friday.
Euro zone must have backstops before bank health checks: ECB
BRUSSELS (Reuters) – Euro zone governments must put in place ways to financially support their banks in case they need more capital as a result of health checks by the European Central Bank next year, ECB Executive Board member Joerg Asmussen said on F…
Insight: Fixing the world’s metals warehousing: why so long?
LONDON/NEW YORK (Reuters) – In the mid-1990s the London Metal Exchange was embroiled in a criminal investigation after the discovery that a trader – nicknamed Mr. 5 Percent for the share of the world’s copper he reputedly controlled – had spent years m…
Russia’s Aeroflot rules out buying, or aiding, Alitalia
MOSCOW (Reuters) – Aeroflot , the state-controlled Russian airline, on Friday ruled out buying or aiding stricken Italian carrier Alitalia, which is seeking a cash injection to keep flying.
Big Retailer is watching you: stores seek to match online savvy
BERLIN (Reuters) – The next time you walk into a shop, consider this:
Big Retailer is watching you: stores seek to match online savvy
BERLIN (Reuters) – The next time you walk into a shop, consider this: