The U.S. Department of Commerce said on Tuesday that U.S. privately-owned housing starts were at a seasonally adjusted annual rate of 897,000 in February, plunging 17 percent from the revised January estimate and down 3.3 percent from a year ago.
LONDON,March 17(Xinhua)–The British car industry is expected to manufactured more cars in 2017 than its previous record high in 1972,as the continuing growth of export markets such as China and the increasing interest in UK’s cars boosts production,said the country’s car industry body on Monday y.
Greek Prime Minister Alexis Tsipras requested on Tuesday a special five-party meeting of European leaders shortly before Thursday’s EU summit on the Greek debt crisis, Greek government sources said.
The U.S. industrial production, an indicator of mines, factories and utilities output, edged up 0.1 percent in February after falling for two months running, the Federal Reserve reported on Monday.
Telecommunications firm, Airtel Africa, on Monday announced the launch of a cross-border money- transfer service for customers between the Democratic Republic of Congo (DRC), Zambia and Rwanda.
Greek banking sector faces no risk, Greek central bank governor Yannis Stournaras assured on Friday ahead of a critical Eurogroup meeting on the Greek debt crisis on Monday.
Analysts say changes to rhetoric in the government work report regarding China’s property sector, released on Thursday, signaled further policy easing.
EC said about 100 million euros (or 111 million U.S. dollars) would be made available for projects aimed at completing the European energy market.
China unveiled its economic growth target for 2015 Thursday, putting an end to months of speculation.
The Chinese economy is confronted with more difficulties than anticipated in 2014, but it has scored more achievements than expected, said China’s top economic planner.
Confidence in China’s growth not weakened