Turkey summoned the French charge d'affaires on Wednesday over caricatures published in Charlie Hebdo satirical magazine, a statement by Turkish foreign ministry said. The cartoon on the cover of Charlie Hebdo showed Erdogan sitting in a white T-shirt and underpants, holding a canned drink along with a woman wearing an Islamic hijab.
- When accountants at the federal Bureau of Economic Analysis release the latest U.S. gross domestic product report on Thursday, it may be the most fought-over piece of economic data since the measure of broad productive output came into common use in the 1940s.
Oil prices fell more than 5%, sending Brent to a four-month low on Wednesday as surging coronavirus infections in the United States and Europe lead to renewed lockdowns and expectations that unsteady economic demand will worsen.
The Canadian dollar weakened to
a three-week low against its U.S. counterpart on Wednesday, as
investors worried that rising coronavirus cases would slow
global economic recovery and the Bank of ...
Four French online advertising lobbies have filed an antitrust complaint against Apple (AAPL) over changes the iPhone maker will make to privacy features within the next version of its mobile operating system, they said in a statement on Wednesday.
Canada will continue spending heavily to combat a coronavirus pandemic but the government's response is limited and temporary, Finance Minister Chrystia Freeland said on Wednesday.
Energy firms shut nearly half the offshore U.S. Gulf of Mexico oil production, turned off undersea pipelines and evacuated workers as Hurricane Zeta steamed on Wednesday toward the oil and refining complex along the U.S. Gulf Coast.
German Finance Minister Olaf Scholz said on Wednesday that November would be a crucial month for fighting the coronavirus pandemic as Europe's largest economy was heading towards a partial lockdown starting next week. "November will be a month of truth.
* Government adopts new nationwide restrictions to curb pandemic. * 'We don't have any time to lose,' president says. * Moves come as new infections soar. Switzerland on Wednesday ordered dance clubs closed and added new mask requirements while leaving the nation largely open for business as it tries to contain surging COVID-19 cases without resorting to a stricter, economy-crippling lockdown.
The Group of 20 major economies should move quickly and decisively to reduce the debts of heavily indebted countries or risk a "lost decade" in terms of global development, World Bank chief economist Carmen Reinhart said on Wednesday.
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