SABMiller South African strike ends, little impact on output
JOHANNESBURG (Reuters) – Global brewer SABMiller reached a wage deal with more than 2,000 workers in South Africa on Tuesday, ending a five-week strike that had little impact on beer production.
China premier warns against loose money policies
BEIJING (Reuters) – China needs to sustain economic growth of 7.2 percent to ensure a stable job market, Premier Li Keqiang said as he warned the government against further expanding already loose money policies.
Telefonica sells Czech business to focus on Italy, Brazil
MADRID (Reuters) – Telefonica agreed to sell its Czech business for 2.47 billion euros ($3.3 billion), to enable Spain’s largest telecom operator to cut debt and focus on bigger operations in Italy and Brazil.
Vivendi to sell Maroc Tel stake to Etisalat for $5.7 billion
DUBAI (Reuters) – Vivendi has agreed terms to sell its 53 percent stake in Maroc Telecom to the UAE’s Etisalat for 4.2 billion euros ($5.7 billion), the latest step in the French conglomerate’s drive to become more media focused.
Euro zone economy turns corner, but growth, inflation subdued: EU executive
BRUSSELS (Reuters) – The euro zone economy will expand slightly more slowly next year than previously expected because of weaker private demand and investment and inflation will stay well below the central bank target over the next two years.
China exports seen rebounding, inflation rising in October
BEIJING (Reuters) – China’s exports are forecast to have rebounded in October after a surprise fall, reinforcing the government’s view that the economy has regained some momentum as its prepares to unveil plans to overhaul the world’s second-largest ec…
BOJ Kuroda offers upbeat view on China, U.S. outlook despite risks
OSAKA, Japan (Reuters) – Bank of Japan Governor Haruhiko Kuroda voiced confidence on Tuesday that the economies of China and the U.S., Japan’s two big export markets, will continue to recover and help achieve the central bank’s 2 percent inflation targ…
Spain’s Oct jobless rises as tourist season ends
MADRID (Reuters) – The number of registered jobless in Spain rose in October as the effect of the summer tourist season started to wear off, pouring cold water on the government’s hopes that tentative signs of economic recovery would translate into job…
After bailout, Ireland goes back to building houses
SWORDS, Ireland (Reuters) – When 20 newly built family homes went up for sale in this Dublin commuter belt town in September, queues started three hours before the viewing opened on Saturday morning.
Zimbabwe economy to grow 6.1 percent in 2014: state media
HARARE (Reuters) – Zimbabwe’s economy is expected to grow 6.1 percent next year from 3.4 percent this year on the back of rising revenues, finance minister Patrick Chinamasa was quoted as saying on Tuesday.
