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October, 24, 2016

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Britain's shock decision to leave the European Union will not be as damaging to developing Asia's economies as feared, the World Bank said Wednesday as it increased its growth forecast for the region this year.
The Turkish government is cutting its forecast for the country's economic growth in 2016 to 3.2 percent from 4.5 percent due to the negative global situation, Prime Minister Binali Yildirim said on Tuesday.
The French state has placed a huge order for high-speed trains and locomotives to save an Alstom factory where 400 jobs are at stake, sources close to the deal said Tuesday.
UK minister warns of Brexit 'roller coaster'
The pound hit a three-year low against the euro Monday after Prime Minister Theresa May said Britain will trigger Brexit negotiations by the end of March and her finance minister warned of economic "turbulence."
The British pound slumped to a three-year low against the euro on Monday in reaction to news that Britain would begin Brexit negotiations by March.
The contract for a French-Chinese consortium to build Britain's first nuclear plant in a generation was signed on Thursday at a low-key ceremony, after a string of controversies threatened to scupper the huge deal.
Poland's prime minister on Wednesday tapped her powerful Development Minister Mateusz Morawiecki for the finance portfolio, creating what local media dubbed a "super minister" in a much-vaunted reshuffle of her controversial rightwing government.
The Paris Motor Show opens this week with promises of groundbreaking electric concept cars from Volkswagen and Opel, but the shine appears to be wearing off what was once a must-go event for the industry.
A survey of company CEOs in Britain suggests that a majority is considering moving some business away from the UK amid concerns about the country's future outside the European Union.
Heading for 'a golden autumn'
An aircraft flies over Frankfurt, leaving contrails above the cloud early Monday, Sept. 26.
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