Monthly Archives: October 2016

EU, Canada sign trade deal; Weak pound not a tonic for UK recovery; Samsung profit falls 30%

1 EU, Canada sign trade deal (BBC) The European Union and Canada have signed a long-delayed landmark trade deal, following weeks of uncertainty due to opposition in Belgium. The deal was signed in Brussels by Canadian Prime Minister Justin Trudeau … Continue reading

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US growth fastest in two years; Twitter layoffs part of massive tech cuts; England, Wales insolvencies jump by a fifth

1 US growth fastest in two years (BBC) The US economy grew at the fastest pace in two years in the third quarter, initial figures have indicated. The world’s largest economy grew at an annual rate of 2.9% in the … Continue reading

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Apple profits slide, first time in 15 years; Low oil price hits expat remittances; The epidemic of online shaming

1 Apple profits slide, first time in 15 years (Rupert Neate in The Guardian) Apple has reported its first decline in annual sales and profit in 15 years. The Silicon Valley company, which had bounced back from near bankruptcy in … Continue reading

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Eurozone grows at fastest pace this year; Tata group removes chairman; Women now drink as much as men

1 Eurozone grows at fastest pace this year (San Francisco Chronicle) Business activity across the 19 eurozone economies grew in October at its fastest pace so far this year, shrugging off any major concerns about Britain’s “Brexit” vote, a survey … Continue reading

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Saudi Arabia’s first foray into global bond markets; Signs of IS leaders fleeing Mosul; Malala on education, women and men

1 Saudi Arabia’s first foray into global bond markets (Larry Elliott in The Guardian) Saudi Arabia has raised $17.5bn from its first foray into the global bond markets as it seeks to repair the damage to its public finances caused … Continue reading

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Netflix subscriptions boom globally; UK inflation near 1%; Avocado toast and Aussie generational divide

1 Netflix subscriptions boom globally (Gulf News) Netflix added over 50 per cent more subscribers than expected in the third quarter as original shows such as “Stranger Things” drew new international viewers and kept US customers despite a price hike, … Continue reading

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US factory output up; Zombie banks stalk European economy; Hindus for Trump

1 US factory output up (Gulf News) Output at US manufacturers rose for the third time in four months on production of consumer goods and construction materials, a sign the industry is gradually recovering from a prolonged spell of weakness. … Continue reading

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