US economy fared better than expected in 2Q
WASHINGTON - The US gross domestic product grew 1.7 per cent in the second quarter, slightly better than initially estimates of 1.5 per cent, but still low enough for expectation of a further ...
Schizophrenia drug development studies stopped by Lilly
NEW YORK - Eli Lilly and Company has decided to stop ongoing phase III clinical studies for development of a drug for the treatment of schizophrenia after recent studies showed that it is likely to ...
Signs of further contraction in China
BEIJING - Chinese official manufacturing managers' index (PMI) may have fallen again in August to a nine-month low of 50 points, indicating that the world's second largest economy may be struggling ...
Probe by SFO into Barclays and Qatar payment deal in 2008
LONDON - The Serious Fraud Office has launched an investigation into payments made between Barclays bank and Qatar at the height of the financial crisis, the Britain headquartered lender stated ...
Venice Film Festival opens with Mira Nair film
The 69th Venice Film Festival opened Wednesday with Indian director Mira Nair's political thriller that explores life changes of a young Pakistani man rising through the ranks on Wall Street after ...
Aer Lingus takeover remains in Ryanair focus as EC begins probe
LONDON - Low cost Ryanair Wednesday announced plans to re-bid for Dublin-based Aer Lingus provided the European Commission, which has begun an in-depth probe into its proposed takeover of the Irish ...
ECB aid mustnt let euro zone indebted off hook Fetker
ALPBACH, Austria (Reuters) - Any support the European Central Bank provides to struggling euro zone members should not ease the pressure on those countries to get their financial houses in order, ...
Mortgage approvals still subdued
The number of mortgages approved for home buyers, but not yet lent, rose in July, the Bank of England said. There were 47,312 approvals last month, up from 44,124 in June. However, this was still ...
Brazil cuts interest rates again
Brazil's central bank has cut its benchmark interest rate to a record low of 7.5% in an attempt to reignite a stalled economic recovery. The cut, from the previous level of 8%, in the main ...
WPP half-year profits rise 7
WPP, the world's largest advertising group, has reported half-year pre-tax profits of 358m ($567m), up 7% on the same period last year. Revenues were up 5.5% to 4.97bn, dividends per share ...
AUDIO Spanish bank run exaggerated
There are signs that investors are already worrying about Spain leaving the euro, as banks there are seeing money leave in large quantities. Pedro Schwartz, economics professor at San Pablo ...
VIDEO A look at Romneys economic plan
Republican vice-presidential candidate Paul Ryan has promised a "turnaround" for America, in a prime-time speech to the party convention in Tampa, Florida. Mitt Romney himself will take ...
Source: http://www.taipeinews.net/index.php?sid/208779364/scat/3a8a80d6f705f8cc
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