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Greece approves reform to pass new bailout worth 86 billion euros

Greece approved Friday a reform bill prescribed by its international lenders before granting them the fresh bailout it badly needs.

Nov 07, 2015 12:50 AM EST


German Airline Lufthansa's main flight crew union to strike on Friday

After the failed negotiation talks over the early retirement and pension issues, the UFO, a union representing the flight crews of the German Airline Deutsche Lufthansa marks the start of their strike activity. A one week long strike will begin on Friday.

Nov 06, 2015 07:22 AM EST


China's First C919 Passenger Jetliner to Compete with Boeing's 737 and Airbus A320

China's create their first homegrown passenger jetliner C919. The state also aims to beat the leading airliners companies, Boeing's 737 and Airbus A320 with their new airtcraft prototype.

Nov 06, 2015 07:03 AM EST


Best Place for Spooky Occasion: Día de Muertos or Day of the Dead in Pátzcuaro in Mexico

The Día de Muertos also known as Day of the Dead is a celebrated holiday occasion throughout Mexico. However, the best known place to experience and witness the eerie occasion is at the enchanted town of Pátzcuaro, Mexico.

Nov 06, 2015 06:55 AM EST


Argentina reserves at 9-year low

Argentian is fast losing foreign exchange reserves. The forex reserves dropped by $94 million to $26.7 billion indicating lowest level since 2006. The Argentina's central bank has been pumping in US dollars in support of its currency Peso.

Nov 06, 2015 04:11 AM EST


Austin-Bergstrom International Airport's Air traffic control tower resumes operation but repair may take longer, FAA

After the extensive flood from the rainstorm, Austin-Bergstrom International Airport's air traffic control tower started its operation. The storm brought more than 16 inches of rain to the Austin, Texas area last Friday.

Nov 06, 2015 12:52 AM EST


Germany expects economic benefits accommodating Syrian refugees

Following huge influx of Syrian migrants in Germany, instead of kicking them out, the government is concentrating on accommodating them as through this they are visualising a brighter economic future

Nov 07, 2015 03:20 AM EST


U.K. unveils new bill that will allow internet surveillance by the government

Britain has unveiled a new surveillance bill that will allow the government to access the records of internet activity of its citizens. The law plans raised negative reactions from critics.

Nov 05, 2015 09:53 PM EST


Kraft Heinz shuts down century-old plant in Wisconsin and 6 others in North America, cuts 2,600 jobs

Kraft which recently merged with Heinz, the 5th largest food company in the world, has shut down 7 factories and cut 2,600 jobs but would be investing in the millions to improve capacity utilization and modernization of facilities.

Nov 06, 2015 12:54 AM EST


China, Taiwan Presidents to Meet in Singapore, despite growing public opinion backlash

The Chinese and Taiwanese presidents will meet for the first time since 1949 amidst the expected public opinion backlash.

Nov 05, 2015 03:04 AM EST


Apple Could Stop Selling iPhone in the UK if Government Passes Bill Banning Encryption

The UK government plans to pass a bill that would ban strong encryption. It could force Apple to stop selling its iPhone in that country. This would hurt UK’s economy, more than it would hurt Apple.

Nov 04, 2015 10:48 PM EST


Oil prices skid on profit booking, supply risk holds losses

Oil prices fell on thin volume following the profit booking from the overnight rally. Oil price is hovering above $50 per barrel as production disruptions in Brazil and Libya arrested the downfall. Analysts say there may not be a year-end rally in oil prices.

Nov 05, 2015 03:03 AM EST


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