Oct 21 Reuters China39;s stateowned CITIC Ltd has agreed to sell its 19.23 stake in the company that operates fastfood chain McDonald39;s across China and Hong Kong for 430.3 million, fully exiting the business. It will sell the stake in Fast Food Holdings to a unit of Chinese private equity firm Trustar Capital Partners, CITIC said […]

LONDON, Oct 21 Reuters Asking prices for British homes rose only marginally in October as more properties came onto the market, according a survey on Monday that also suggested some buyers were waiting for clarity on tax changes in the new government39;s upcoming budget. Asking prices rose by just 0.3 in October, well below their […]

KUALA LUMPUR, Oct 21 Reuters Malaysia39;s economy likely grew 5.3 in the third quarter from a year earlier, slower than the previous threemonth period, official advance estimates showed on Monday. In the second quarter, gross domestic product had expanded by an annual 5.9, its fastest rate in 18 months, on higher household spending, exports and investment. The […]

SYDNEY, Oct 21 Reuters Australia39;s central bank has been surprised by the strength of employment growth, a top official said on Monday, adding policymakers remained ready to respond to changes in economic outlook in either direction. In a speech in Sydney, Reserve Bank of Australia Deputy Governor Andrew Hauser said there were a number of […]

Authorities made progress on restoring power before collapse Internet traffic dropped off sharply NetBlocks Small protests break out over outages Reuters witnesses Tropical Storm Oscar grazes eastern end of island HAVANA, Oct 20 Reuters Cuba39;s electrical grid collapsed again on Sunday, the fourth such failure in 48 hours, raising fresh doubts about a quick fix […]

BERLIN, Oct 21 Reuters German producer prices fell more than expected in September, declining 1.4 year on year, due mainly to significantly lower energy prices, the federal statistics office said on Monday. Analysts polled by Reuters had expected a 1.0 decline. The main reason for the dip was lower energy prices, which were 6.6 lower […]