Industry

BDI industry group sees German growth of 2 percent in 2015

Germany's BDI industry association is more optimistic about the prospects for Europe's biggest economy than it was three months ago due to cheap oil, strong private consumption and a weak euro, its president said on Sunday.


Chinese demands, rebels and Buddhist ruins stall Afghan copper dream

China and Afghanistan remain deadlocked over a stalled $3 billion copper mine five months after Beijing demanded royalties be slashed by almost a half, underlining Kabul's struggles to support itself as foreign aid dries up.

Film directors plan Russian chain to rival McDonald's: paper

Two leading Russian film directors are seeking state support to set up a domestic chain of cafes to compete with Western fast food restaurants such as McDonald's, a newspaper said on Thursday.

U.S. import prices resume downward trend in March

U.S. import prices fell in March as rising petroleum costs were offset by declining prices for other goods, a sign of muted inflation that supports the view the Federal Reserve will probably not raise interest rates in June.


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Euro zone sentiment improved for the sixth straight month in April as investors took heart from the European Central Bank's bond-buying program, raising the current situation component of the Sentix index to its highest in almost four years.
Price discounting drove growth in all of the euro zone's major economies in March, helping business activity increase at its fastest rate for nearly a year, a survey showed on Tuesday.
Hirotoshi Ogura, a self-described “factory geek”, is Daikin Industries' (6367.T) master of doing more with less – and part of the reason Japan’s recovery remains stuck in the slow lane.
Companies struggled in China and much of the rest of Asia in March, suggesting central banks may have to resort to more stimulus, just as factories in the euro zone begin to reap rewards from ultra-easy policy there.
Secret contracts, covert real-estate deals, scurrying around after nightfall to avoid detection: this is how far big-bank brokers are prepared to go when they plan to go independent.
For over 15 years, Raoul Meno has been fishing the waters off the coastal town of Kribi in southern Cameroon. He has sometimes had to face down storms and high seas to bring home a catch to support his family. But now, he is scared.
Japan's industrial output fell in February at the fastest pace in eight months due to declines in production of machinery, cars and electronics in a worrying sign that domestic demand could be faltering.
The state of the U.S. labor market in March will consume economists and investors in the week leading up to Easter, adding to the seesaw debate over when the Federal Reserve will spring its first interest rate hike.
PSA Peugeot Citroen (PEUP.PA) said on Friday it had chosen a French factory over a rival Spanish plant to expand engine production, prompting a visit by President Francois Hollande to highlight a bright spot in France's gloomy labor market.
U.S. business investment spending plans fell for a sixth straight month in February, likely weighed down by a strong dollar and weak global demand, leading economists to further lower their first-quarter growth estimates.