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Foreign automakers double down on China bets despite slowing growth

Foreign automakers continue to plough money into factories in China, the world's largest car market, even as the biggest economic slowdown in a quarter of a century crimps sales growth.


China makes big cut in bank reserve requirement to fight slowdown

China's central bank on Sunday cut the amount of cash that banks must hold as reserves, the second industry-wide cut in two months, adding more liquidity to the world's second-biggest economy to help spur bank lending and combat slowing growth.

For short-sellers in U.S. stocks, the agony just piles on

In January 2014, veteran short-seller Bill Fleckenstein said he was readying a new fund to bet on falling stock prices. More than a year later, he's still waiting to launch that fund.

GTA 5 Online Heists PC Updates for New Platform; Rockstar Games to Deliver Realistic Casino in Gameplay?

GTA 5 Online Heists DLC recently found its way on the PC platform and players are quite happy about the news especially that it has been about one-and-a-half years of waiting since the game was released on consoles. However, everything is not all good news. Rockstar, the game's developer and publisher, once said that the release of the Heist DLC will mark the end of the game's support.


Latest News

What are the latest Castle season 8 renewal/cancellation news? Find out in this article what will happen to the cast and the showrunner.
Update yourself on Samsung gadgets 2015 releases by reading on reviews as well as units which are expected to come about some time this year.
Find out if Red Dead Redemption 2 will arrive this 2015 or if Rockstar will be delaying it in order to pursue other games or a different sequel.
What is the Agent Carter latest update? Find out if the series will push through for a second season and what Marvel has in store next.
German Finance Minister Wolfgang Schaeuble said on Saturday he was happy over a report that Greece was poised to sign a gas deal with Russia, though he added it would not solve the cash-strapped euro zone nation's economic problems.
A bill that would stop Texas cities from enacting their own bans on hydraulic fracturing in the nation's top crude oil and natural gas producing state was approved on Friday in the state House of Representatives.
China’s gross domestic product growth has slowed to 7 percent, it was announced this week. That’s somewhat anaemic when compared to what the world has come to expect from the second-largest economy.
The German government is on the verge of raising its growth forecasts for this year and next, but its new projections will be more conservative than those published by leading economic institutes earlier this week, two government sources told Reuters.
Financial technology company SunGard Data Systems Inc is preparing to appoint financial advisers to explore a sale that could value it at as much as $10 billion, including debt, people familiar with the matter said on Friday.
Start small, win quick, then move on to bigger issues. That appears to be the European Union's strategy to pursue Google (GOOGL.O) in a competition dispute by choosing to push a narrow set of charges around its shopping service, while opening another investigation of Google's Android mobile phone software.