(MENAFN - AFP) Europe's stock markets dropped on Friday as a fall in German business confidence offset positive British growth data, while traders reacted to a huge tie-up of the continent's pay-TV sector.
London's benchmark FTSE 100 index dipped 0.12 percent to stand at 6,813.09 points around midday in the capital, with investors shrugged off the in-line British output data.
(MENAFN - AFP) China has approved the setting up of three private banks, including one by Internet giant Tencent, the industry regulator said Friday, in a long-awaited economic reform aimed at bringing competition to state banking giants.
Previously, China had just two privately-owned banks, Minsheng Bank and Ping An Bank, according to state media.
(MENAFN - AFP) McDonald's said Friday that its restaurants in Japan had stopped selling products made with chicken from China, in a marked widening of a scandal that saw expired meat sold to fast food giants.
More than 3,000 restaurants across Japan had also halted imports of chicken products from the country, the chain said, as it switched to distributors in Thailand "to ...
(MENAFN - AFP) A Chinese town has been sealed off and 151 people placed in quarantine since last week after a man died of bubonic plague, state media said Tuesday.
The 30,000 people living in Yumen in the northwestern province of Gansu are not being allowed to leave, and police at roadblocks on its perimeter are telling motorists to find alternative routes, the television ...