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International News

Tesla faces German battle over battery-powered homes
Tesla, best known for its electric cars, sparked global interest in the idea of self-powered homes in April, when it said it would start selling lithium-ion batteries for households next year.
Posted on 11-27-2015 at 10:40 AM
Chinese stocks tumble most since summer slump as brokerage probe widens
Chinese shares slumped 5 percent on Friday, hit by regulatory and industrial sector worries -- but wasn't enough to derail the first weekly rise for metals like copper and zinc since early October.
Posted on 11-27-2015 at 8:46 AM
Barclays fined for lax crime checks in 'deal of century'
Britain's financial watchdog has fined Barclays 72 million pounds (US$109 million) for cutting corners in vetting wealthy customers to win a transaction a senior manager said was potentially the "deal of the century."
Posted on 11-26-2015 at 1:24 PM
Brookfield bid for Australian rail, port assets hits regulatory red light
Australia's competition watchdog on Thursday rejected proposals by Canadian infrastructure giant Brookfield Asset Management Inc. to address concerns over its US$6.53 billion bid for port and rail firm Asciano Ltd.
Posted on 11-25-2015 at 8:26 PM
Alibaba crushes China Singles' Day sales record
Chinese e-commerce giant Alibaba Group Holdings Ltd said on Wednesday the value of merchandise it has sold so far during the Singles' Day online shopping extravaganza had surpassed last year's total of US$9.3 billion.
Posted on 11-11-2015 at 7:55 AM
OECD warns of global trade slowdown, trims outlook again
Global trade flows have fallen dangerously close to levels usually associated with a global recession, although actions taken by China and others should ensure a pick-up in 2016, the OECD said in a report on Monday.
Posted on 11-09-2015 at 7:55 AM
Global factories struggle as stimulus fails to spur
Massive monetary stimulus from Chinese and European central banks has done little to spur factory growth, moving a debate over more easing up the agenda and raising doubts over whether U.S. interest rates will rise this year.
Posted on 11-02-2015 at 7:24 AM
China scraps one-child policy, allows two children
China will ease family planning restrictions to allow all couples to have two children after decades of the strict one-child policy, the ruling Communist Party said on Thursday, a move aimed at alleviating demographic strains on the economy.
Posted on 10-29-2015 at 8:52 AM

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