Category: Extra News

IMF Denies Pressuring Venezuela to Release Economic Data

The International Monetary Fund said on Thursday it had not pressured Venezuela to release economic indicators after years of silence, while two sources said the country’s surprise data release this week was due to pressure from China. The central bank on Tuesday unexpectedly released data confirming Venezuela is suffering hyperinflation …

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IMF Denies Pressuring Venezuela to Release Economic Data

The International Monetary Fund said on Thursday it had not pressured Venezuela to release economic indicators after years of silence, while two sources said the country’s surprise data release this week was due to pressure from China. The central bank on Tuesday unexpectedly released data confirming Venezuela is suffering hyperinflation …

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Drought Forces Water Bans in Sydney

Water restrictions are to be imposed in Sydney, Australia’s biggest city, for the first time in almost a decade because of falling reservoir levels and a long-standing drought. Residents who breach the regulations could be fined US$150. The flow of rainwater into some of Sydney’s reservoirs is at its lowest …

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Fiat Chrysler Proposes Merger With Renault

Fiat Chrysler proposed a merger Monday with Renault, a union that would create the world’s third biggest automaker. The merger, if it happens, would vault the new company, with annual sales of 8.7 million vehicles, into a position ahead of General Motors and behind only Volkswagen and Toyota, both of …

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Fiat Chrysler Proposes Merger With Renault

Fiat Chrysler proposed a merger Monday with Renault, a union that would create the world’s third biggest automaker. The merger, if it happens, would vault the new company, with annual sales of 8.7 million vehicles, into a position ahead of General Motors and behind only Volkswagen and Toyota, both of …

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Jamie Oliver’s British Restaurant Chain Collapses

Celebrity chef Jamie Oliver’s restaurant chain in Britain has filed for bankruptcy protection, closing 22 of its 25 eateries and leaving some 1,000 people out of work. The remaining outlets, two Jamie’s Italian restaurants and a Jamie’s Diner at Gatwick Airport outside London, will stay open, the financial firm KPMG, …

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