the-southern

Indian economy posts best performance since 2007 (AFP)

AFP - India’s economy grew 8.8 percent in the fiscal first quarter, its best performance since 2007, data showed Tuesday as the country returned to boom levels last seen before the financial crisis.

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Indian economy posts best performance since 2007
(AFP)

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Taiwan rejects Primus purchase of AIG unit (AP)

AP - Taiwanese regulators on Tuesday rejected Primus Financial Holdings’ planned purchase of AIG’s Taiwan life insurance unit amid concerns that the Cayman Island-based firm may be backed by funds from rival China.

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Taiwan rejects Primus purchase of AIG unit
(AP)

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German official unemployment rate stable at 7.6% (AFP)

AFP - The German unemployment rate was stable in August at 7.6 percent of the workforce, official figures showed on Tuesday as the number of people seeking work edged slightly lower to 3.188 million people.

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German official unemployment rate stable at 7.6%
(AFP)

the-southern

Freddie Mac says it needs $1.8 billion in taxpayer aid (Reuters)

Reuters - Mortgage finance giant Freddie Mac on Monday said it would need another $1.8 billion in aid from taxpayers, bringing its total request since it was taken over by the government two years ago to more than $64 billion.

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Freddie Mac says it needs $1.8 billion in taxpayer aid
(Reuters)

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Smoothies and Asia sales boost McDonald’s July sales (Reuters)

Reuters - McDonald’s Corp reported a better-than-expected 7 percent global increase in sales at established restaurants in July, fueled by new drinks like smoothies, extended hours in Europe and strength in Asia.

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Smoothies and Asia sales boost McDonald’s July sales
(Reuters)

the-southern

Kobe beef farmers worry about cow illness outbreak (AP)

AP - Prized for its tender, marbled texture and succulent flavor, Kobe beef is a delicacy that can cost 19,000 yen ($200) for a slab of steak at some Japanese restaurants.

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Kobe beef farmers worry about cow illness outbreak
(AP)

the-southern

Troubled Toyota recalls about 92,000 cars in Japan (AP)

AP - Toyota started recalling more than 90,000 luxury Lexus and Crown vehicles Monday in Japan over defective engines — the latest setback for the automaker beset with quality problems.

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Troubled Toyota recalls about 92,000 cars in Japan
(AP)

the-southern

15 dead in Pakistan gas tanker blast (AFP)

AFP - A gas tanker exploded in the southern Pakistani city of Hyderabad on Monday, killing at least 15 people and destroying several nearby shops, officials said.

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15 dead in Pakistan gas tanker blast
(AFP)

the-southern

Spanish EU presidency marred by economic crisis (AFP)

AFP - Spain’s ambitious presidency of the EU was eclipsed by the European debt crisis which thrust the country’s fragile economy into the global spotlight and weakened the Spanish government, analysts said.

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Spanish EU presidency marred by economic crisis
(AFP)

the-southern

2 Air Force planes to help with oil spill (AP)

AP - Two Air Force planes will spray chemicals to help break up the Gulf Coast oil spill, Pentagon officials said Friday as they considered what more the military could do to assist.

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2 Air Force planes to help with oil spill
(AP)

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