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(MENAFN - AFP) US President Barack Obama will call for broader fiscal stimulus from other economies and press Beijing to limit steel capacity during his final G20 summit this weekend, US Treasury Secretary Jacob Lew said Wednesday.

In an address in Washington prior to his departure for the Group of 20 summit in Hangzhou, China, Lew also said policy makers should respond to ...

 
(MENAFN - AFP) The first regular commercial flight in more than 50 years from the United States landed in Cuba on Wednesday, as the two nations took the latest step in their efforts to boost ties.

JetBlue Flight 386 landed in the central Cuban city of Santa Clara a little before 11:00 am (1500 GMT), about an hour after leaving Fort Lauderdale in southeastern Florida with ...

 
(MENAFN - AFP) Forest fires in Canada's oil sands region that disrupted production have pummeled the country's economy, sparking the biggest quarterly decline in GDP in seven years, according to government figures released Wednesday.

Gross domestic product fell at an annualized rate of 1.6 percent in the second quarter amid continued weakness in oil prices, said Statistics ...

 
(MENAFN - AFP) Manchester City allowed Joe Hart, Samir Nasri and Wilfried Bony to leave on season-long loan deals on Wednesday as the transfer deadline approached across Europe.

England goalkeeper Hart completed his move to Italian side Torino, French midfielder Nasri joined Europa League champions Sevilla and Bony pitched up at City's Premier League rivals Stoke City.

 
(MENAFN - AFP) Cuba and the United States took the latest step in their efforts to boost ties Wednesday when the first regular commercial flight from America to the communist-ruled island in more than 50 years took off.

JetBlue Flight 386 left Fort Lauderdale in southeastern Florida shortly after 10:00 am (1400 GMT) with 150 passengers on board. After less than an hour in ...

 
(MENAFN - AFP) Five employee representatives on EDF's board have filed a lawsuit to overturn the French power company's controversial decision to build nuclear reactors in Britain at Hinkley Point.

The employee representatives believe that EDF's chief executive "did not communicate crucial information about a major project" he was aware of before the July 28 meeting at which ...

 
(MENAFN - AFP) Caution reigned on most stock markets Wednesday as traders reacting to mixed regional data ahead of key US jobs numbers due later in the week.

Wall Street stocks opened slightly lower after the ADP payrolls firm said Wednesday that US businesses added a solid 177,000 new staff in July.

Analysts said the ADP data supports the consensus forecast that the ...

 
(MENAFN - AFP) Canada's gross domestic product fell at an annualized rate of 1.6 percent in the second quarter amid continued oil sector weakness and wildfires, the government's statistics agency said Wednesday.

It was the largest decline in quarterly GDP in seven years, but was only slightly more than analysts had forecast.

Statistics Canada pointed to a large drop ...

 
(MENAFN - AFP) India's economic growth slowed sharply in the first quarter of the 2016-17 financial year, official data showed Wednesday, missing expectations but raising hopes of an interest rate cut.

Gross domestic product expanded 7.1 percent year-on-year in the three months from April-June, down from the stellar growth of 7.9 percent in the preceding quarter, according ...

 
(MENAFN - AFP) India's economic growth slowed sharply in the first quarter of the 2016-17 financial year, missing expectations, official data released Wednesday showed.

Gross domestic product expanded 7.1 percent year-on-year in the three months from April-June, down from the stellar growth of 7.9 percent in the preceding quarter, according to the statistics ministry.

The ...

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