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Recalls slam GM earnings, Europe drives Ford higher
AFP, New York :General Motors is crying and Ford is laughing: The top US automakers posted wildly different earnings Thursday, the first hurt by recalls,...
S’pore C Bank says too early to unwind property cooling measures
Xinhua, Singapore :It’s still too early for Singapore to unwind the cooling measures in the real estate market, the city state’s central bank chief said...
Q2 unemployment falls by 310,400 in Spain
Xinhua, Madrid :Unemployment in Spain fell by 310,400 between the months of April and June to a total of 5,622,900, official figures indicated Thursday.It was...
Amazon loss widens despite climbing sales
AFP, San Francisco :Internet retail titan Amazon Thursday reported a money-losing quarter despite impressive growth in sales, sending shares plummeting by more than 10 percent.The...
UK GDP growth to weather World Cup retail blip
Xinhua, London :Expectations of a small rise in retail sales volumes for June were hit by the World Cup and a late start to the...
US corn, wheat fell; soybeans extend gains on positive sales data
Xinhua, Chicago :US corn and wheat retreated Thursday, while soybean beans advanced on the short covering and better-than-expect export figure.The most active corn contract for...
Sanctions against Russia risk ‘impact’ on region : IMF
AFP, Washington :The International Monetary Fund warned Thursday that recent economic sanctions imposed against Russia could have a severe impact that would ripple through the...
White House sets $10b fund for rural infrastructure
Xinhua, Washington :The White House Rural Council Thursday announced a fund of 10 billion US dollars to support rural infrastructure projects across the country.“This fund...