World

Sports Direct to keep most House of Fraser stores open

By BLOOMBERG
LONDON • Sports Direct International plc said it will continue to operate most of House of Fraser Ltd’s 59 UK and Ireland department ...

UK unemployment at 43-year low

By BLOOMBERG
LONDON • UK unemployment dropped to a new 43-year low in the three months through June, but the pace of wage growth eased. The jobless ...

Euro-area growth defies trade war threats

Meanwhile, the ECB should keep providing a shield to avoid a dismantling of the entire euro system
By BLOOMBERG FRANKFURT • The ...

China Everbright shares dive after RM5.3b rights issue

By BLOOMBERG
HONG KONG • China Everbright International Ltd plunged the most in almost a decade after announcing plans to raise about HK$9.96 billion ...

China Literature falls after New Classics deal

By BLOOMBERG
SHANGHAI • China Literature Ltd, the e-books business spun off by Tencent Holdings Ltd, plunged the most since its initial public offering ...

Rupee breaches 70 a dollar on Turkey rout

By BLOOMBERG
NEW DELHI • There’s not a moment of respite for India’s inflation-targeting central bank. Just when gains in consumer prices eased, the ...

Vienna snatches Melbourne’s crown as world’s most liveable city

Big financial centres such as London (48th) and New York (57th) suffer from their own success, according to the EIU
By BLOOMBERG ...

Italian minister demands resignations at operator of collapsed bridge

by REUTERS
Italy’s transport minister called on Wednesday for senior managers to resign at the company operating the bridge that collapsed in the port ...

An unexpected China default shakes confidence in LGFVs

By BLOOMBERG
SHANGHAI • A rally in bonds from China’s local government finance vehicles (LGFVs), sparked by the recent easing measures, may be at risk ...

China sovereign fund said to back deal for Yum China

By BLOOMBERG
HONG KONG • China Investment Corp (CIC) is backing a potential takeover of Yum China Holdings Inc, which runs Kentucky Fried Chicken (KFC) ...

China growth momentum stalls as debt campaign and trade war bite

Beijing will step up credit easing and fiscal measures to deliver a recovery and prevent financial troubles
By BLOOMBERG BEIJING • ...

At least 35 people killed in Genoa bridge collapse: Italian police

by REUTERS
MILAN – At least 35 people were killed when a bridge collapsed in the Italian port city of Genoa, police said on Wednesday after ...