services-sector

Crystal Pepsi: the ‘clear’ 90s hit makes a return

The company is officially bringing back Crystal Pepsi, a clear cola drink that was hugely popular for a brief period during the early 1990s. PepsiCo Inc said on Wednesday said it would sell Crystal Pepsi this year for a

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Crystal Pepsi: the ‘clear’ 90s hit makes a return

services-sector

GE’s finance unit sheds its ‘too big to fail’ designation

The move by the Financial Stability Oversight Council was the first time a non-banking firm has been freed from the designation, a product of the financial crash that can trigger stricter oversight and requirements to hold more capital. It was a big victory for GE …

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GE’s finance unit sheds its ‘too big to fail’ designation

services-sector

Deutsche, Santander fail U.S. stress test; Morgan Stanley gets second chance

By David Henry and Patrick Rucker NEW YORK/WASHINGTON (Reuters) – U.S. bank subsidiaries of Deutsche Bank AG and Banco Santander SA yet again failed the Federal Reserve's stress test on Wednesday due to “broad and substantial

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Deutsche, Santander fail U.S. stress test; Morgan Stanley gets second chance

services-sector

EU tells UK single market access requires full free movement

LONDON/BRUSSELS (Reuters) – European Union leaders met for the first time without Britain on Wednesday less than a week after it voted to leave, delivering a tough message that London can access the bloc's lucrative single market only if it agrees to allow free movement for EU workers. Last week's shock referendum vote to leave the EU has caused global financial market turmoil, sent the pound sterling tumbling and wiped billions off the value of British shares. Britain's giant financial services sector, roughly 8 percent of economy, …

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EU tells UK single market access requires full free movement

services-sector

China’s economy grew by around 7 percent in 2015, services made up half of GDP – Premier

China's gross domestic product (GDP) totaled more than $10 trillion in 2015 and the economy grew by around 7 percent, with the services sector accounting for half of GDP, Premier Li

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China’s economy grew by around 7 percent in 2015, services made up half of GDP – Premier

services-sector

China’s October factory, services surveys show economy still wobbly

Activity in China's manufacturing sector unexpectedly contracted in October for a third straight month, an official survey showed on Sunday, fuelling fears the economy may still be losing momentum in the fourth quarter despite a raft of stimulus measures. Adding to those concerns, China's services sector, which has been one of the few bright spots in the economy, also showed signs of cooling last month, expanding at its slowest pace in nearly seven years. As the first major indicators …

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China’s October factory, services surveys show economy still wobbly