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World Bank cuts Indian GDP growth to 7%

Says reduction in GDP due to ‘unexpected demonetisation’

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US interest rate hike could come sooner than...

Fed Chair Janet Yellen says the economy is almost at full employment and inflation is moving in the direction of the Fed’s goal
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China reaches out to the new US administration

Seeks healthy ties with the world’s largest economy
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China Q4 performance better than expectations

Infrastructure investment and housing market were the main drivers of growth
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European auto sales jump to 9-year high

The positive trend has proved that despite Brexit and the Italian referendum, consumer confidence remains and demand is pushed up by a recovering...
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Saudis see no need to extend OPEC deal beyond...

Following the announcement by Saudi Arabia’s Energy Minister Khalid Al-Falih on Monday, oil prices fell
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Bankrupt US retailer American Apparel starts...

It has laid off 2,400 employees in Southern California
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Mark Carney sees Brexit consumer slowdown ahead

Bank of England governor said interest rates could go up or down
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IFM Financial Award Winners 2016

Meet the winners and trend-setters
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Banco Nacional Ultramartino

BNU aims to provide the highest customer satisfaction levels and service quality in an exceptionally competitive environment.
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Now is the time to prepare for a hard Brexit

The largest worry for savers, investors and expats is that company pension schemes will struggle to honour their promises
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Jack Ma out to revamp Chinese retail landscape

Alibaba founder hopes to develop a new model of offline and online retail
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GM expects earnings growth again in 2017

US auto major increases stock repurchase program
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WSJ report: Walmart may lay off hundreds of...

Says the move is an attempt to cut costs and improve efficiency
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Volkswagen to close $4.3 bn deal for penalties

This would resolve one of the last obstacles for the company in the US ahead of the inauguration of the new president
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Mexico to maintain dignified approach in talks...

Foreign Minister says will negotiate the US with intelligence and common sense
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Alibaba’s Jack Ma promises to bring one million...

Met US president-elect Donald Trump to discuss his plans
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‘Immediate risk posed by Brexit has declined’

However, BoE governor says, overall risk level remains Europe
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‘Demonetisation has not hurt Indian economy’

According to the Finance Minister, the country’s tax figures show little disruption due to the cash crackdown
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US luxury department store withdraws its IPO

This follows plummeting sales at Neiman Marcus in December
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Tesco to lay off 1000 jobs

This is part of changes that will reduce the number of distribution centres in UK from 25 to 23
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Eurozone maintains strong momentum

Retail sales in November also add to optimism
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Fall in unemployment benefits claimants in US

Fewer claims than anticipated in the last week of December
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US labour market continues to tighten

Wage growth raises inflation expectations
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Bank of England executive admits misjudging...

Says bank did not anticipate resilience of consumer spending
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Trump to play a big role in shaping China policies

Protectionist policies may hamper growth of the Asian economic giant
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Iran auto market up for grabs

It gains in importance being the only auto market in the Middle East and Africa region
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