China’s car sales just fell for first time in over 20 years

Beijing: The growth engine for the world’s car industry has been thrown into reverse, with China recording the first slump in auto sales in more than two decades — though progress in trade talks and planned government incentives offer a ray of optimism. Sales in the world’s biggest market fell 6 per cent to 22.7 […]

Productivity setback adds to worries for UK economy

LONDON: British productivity growth slowed to a two-year low during the three months to last September, official figures showed on Wednesday, reinforcing concerns about the underlying health of the economy ahead of Brexit. Weak productivity growth has bedevilled rich economies around the world since the global financial crisis, but the problem has been particularly acute […]