Economic News
May sees 'no immediate breakthrough' on Brexit deal at summit
British Prime Minister Theresa May said she did not expect an immediate breakthrough on her troubled Brexit deal at the European Council summit in Brussels.
EU court backs cities' challenge on pollution limits
A European Union court ruled on Thursday that the European Commission's 2016’s decision to raise the limits of nitrogen oxide vehicle emissions in cities such as Paris Brussels and Madrid was illegal.
Initial weekly US jobless claims fall very sharply
Initial jobless claims in the US recorded their largest drop since April 2015 last week.
China's economic growth impetus will be reigned in next year
China will keep its economic growth within a reasonable range in 2019 as the government tries to promote a steady growth, Beijing said on Thursday.
Second Canadian arrested in China as Huawei row rumbles on
The Chinese government confirmed it had detained another Canadian, citing a threat to national security.
UK gambling firms agree to ban ads during sporting events
UK betting firms confirmed on Thursday that advertisements will no longer be shown during sporting events in a “whistle-to-whistle” ban proposed responsible gambling campaigners.
UK house prices at six-year low amid Brexit uncertainty - RICS
The UK property market fell to its lowest level in more than six years last month as Brexit uncertainty meant that buyers and sellers opted to sit tight, according to the latest survey from the Royal Institution of Chartered Surveyors.