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Last updated: Dec. 20, 17:11
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The National Bureau of Statistics said the revision was mainly because of better measurement of the size of the service sector after a recent economic census.
By DAVID BARBOZA
The New York Times,  Dec. 20, 2014    E-mail this to a Friend
The price plunge is forcing oil producers everywhere to recalibrate. But the high costs of Britain’s industry make it particularly vulnerable.
By STANLEY REED
The New York Times,  Dec. 20, 2014    E-mail this to a Friend
Rakoff, who ordered Shrem to forfeit almost $1 million, said he committed a serious crime and that a prison term is warranted.
By Patricia Hurtado
Bloomberg News,  Dec. 20, 2014    E-mail this to a Friend
China offered enhanced economic ties with Russia at a regional summit this week as its northern neighbor struggled to contain a currency crisis.
By Ting Shi in Hong Kong
Bloomberg News,  Dec. 20, 2014    E-mail this to a Friend
President Barack Obama said the full opening of relations between Cuba and the U.S. may take years, even as he offered assurances the new U.S. stance will bring change to the island nation’s closed society.
By Mike Dorning and Angela Greiling Keane
Bloomberg News,  Dec. 20, 2014    E-mail this to a Friend
The European Union asserts that a package of tax breaks offered by Washington State to induce Boeing to build its planned forthcoming 777X jet there would violate W.T.O. rules.
By NICOLA CLARK
The New York Times,  Dec. 20, 2014    E-mail this to a Friend
The World Health Organization said the worst Ebola outbreak on record has now killed more than 7,000 people, with many of the latest deaths reported in Sierra Leone.
By Associated Press
The Wall Street Journal,  Dec. 20, 2014    E-mail this to a Friend
A gauge of the dollar rose for the eighth time in nine weeks after Federal Reserve Chair Janet Yellen signaled that the central bank is poised to increase interest rates next year starting as early as April.
By Andrea Wong
Bloomberg News,  Dec. 20, 2014    E-mail this to a Friend
Treasuries halted the biggest rally since 2012 after Federal Reserve Chair Janet Yellen suggested an interest-rate increase in April hasn’t been ruled out as economic growth leads the central bank to wind down stimulus.
By Susanne Walker
Bloomberg News,  Dec. 20, 2014    E-mail this to a Friend
MeyGen project could power nearly 175,000 homes through network of turbines on seabed at Ness of Quoys off Caithness
The Guardian,  Dec. 20, 2014    E-mail this to a Friend
In the first of its kind along NATO’s eastern flank, Lithuania’s rapid-reaction force was formed in an effort to stave off Russian aggression.
By RICK LYMAN
The New York Times,  Dec. 20, 2014    E-mail this to a Friend
North Korea said it could prove it had no links with the recent Sony Pictures hacking attack and proposed to conduct a joint probe with the U.S.
By Jeyup S. Kwaak
The Wall Street Journal,  Dec. 20, 2014    E-mail this to a Friend
Brazil’s monetary council, which includes the finance minister and central bank president, decided to raise the so-called TJLP interest rate to 5.5 percent starting Jan. 1 from 5 percent, Deputy Finance Minister Paulo Rogerio Caffarelli told reporters in Brasilia. The rate is a benchmark for loans provided by development bank BNDES.
By Arnaldo Galvao and Mario Sergio Lima
Bloomberg News,  Dec. 20, 2014    E-mail this to a Friend
China will no longer require a minimum amount of operating funds to be transferred from a foreign bank’s parent to a newly-established Chinese branch, according to a statement posted on the State Council’s website today.
By Judy Chen in Shanghai
Bloomberg News,  Dec. 20, 2014    E-mail this to a Friend
Party cites fate of Lib Dems for decision to stay out of formal pact
By Jim Pickard and Kiran Stacey
Financial Times,  Dec. 19, 2014    E-mail this to a Friend
Last updated: Dec. 20, 17:11
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