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Greece flights hit by air traffic controllers' strike INTERNATIONAL

Greece flights hit by air traffic controllers' strike

Flights in Greece were at a standstill on Thursday after air traffic controllers called a 24-hour strike over pension reforms sought by the country's creditors.

4:45 AM November 25 2016
Global recovery 'too weak, too fragile': IMF chief Lagarde ECONOMY

Global recovery 'too weak, too fragile': IMF chief Lagarde

Global economic recovery is still ‘too slow’ and ‘too fragile’ in the face of growing risks from a slowdown in China and subdued growth in developing economies ...

4:45 AM November 25 2016
India cuts interest rate to lowest since 2011, but raises reverse repo ECONOMY

India cuts interest rate to lowest since 2011, but raises reverse repo

The Reserve Bank of India cut its policy interest rate by a quarter percentage point on Tuesday, reducing it to a more than five-year low while dangling the prospect of another cut later this year if inflation trends stay benign.

4:45 AM November 25 2016
Iran oil exports surpass 2 million barrels per day: minister ECONOMY

Iran oil exports surpass 2 million barrels per day: minister

Iran's oil exports have surpassed 2 million barrels per day following the lifting of sanctions under its nuclear deal with world powers, Oil Minister Bijan Zanganeh said on Sunday.

4:45 AM November 25 2016
Thousands of jobs at risk as India's Tata Steel seeks British exit ECONOMY

Thousands of jobs at risk as India's Tata Steel seeks British exit

India's Tata Steel wants to sell Britain's biggest steelmaker, putting thousands of jobs at risk and forcing the government to seek a solution ahead of an EU referendum dominated by concerns about the economy.

4:45 AM November 25 2016
Khamenei says economy first as new Iranian year begins ASIA

Khamenei says economy first as new Iranian year begins

Iran's supreme leader said on Sunday that the economy must come first, insisting in a Persian new year's day message that domestic production is the best route to a strong recovery.

4:45 AM November 25 2016
Asia reforms key for global economic growth: IMF chief ECONOMY

Asia reforms key for global economic growth: IMF chief

Asia is ‘the world's most dynamic region’ but structural reforms are key given its increasing importance to the global economy, International Monetary Fund chief Christine Lagarde said in New Delhi on Saturday.

4:45 AM November 25 2016
India vows to recover $1.3 bn from troubled liquor baron INTERNATIONAL

India vows to recover $1.3 bn from troubled liquor baron

India's finance minister vowed Thursday to recover more than $1.3 billion from heavily indebted liquor baron Vijay Mallya, as a political row erupted over the flamboyant businessman's surprise departure from the country.

4:45 AM November 25 2016
Trouble-hit liquor baron flees India owing $1.3 bn INTERNATIONAL

Trouble-hit liquor baron flees India owing $1.3 bn

The heavily indebted Indian liquor baron Vijay Mallya has fled the country, the Supreme Court heard on Wednesday, as banks lined up to try to recover more than $1 billion in unpaid loans.

4:45 AM November 25 2016
India unveils budget to help rural poor, rein in deficit INTERNATIONAL

India unveils budget to help rural poor, rein in deficit

India has unveiled a budget for the poor, announcing new rural aid schemes and skimping on a bank bailout, in a strategy shift that seeks to boost Prime Minister Narendra Modi's ruling party in coming state elections.

4:45 AM November 25 2016
G20 nations pledge all tools to lift growth ECONOMY

G20 nations pledge all tools to lift growth

The world's 20 top economies will agree to use all policy tools to lift sluggish global growth, according to a draft communique obtained by Bloomberg News on Saturday, despite German disquiet over fiscal and monetary stimulus.

4:45 AM November 25 2016
Brexit uncertainty weighs on growth outlook, says IMF INTERNATIONAL

Brexit uncertainty weighs on growth outlook, says IMF

Uncertainty over Britain's future in the European Union risks negatively affecting the country's growth outlook, the IMF said on Wednesday.

4:45 AM November 25 2016