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Sweden to Get Europe's Biggest Car Battery Factory

Start-up company Northvolt said Thursday it had picked its home country Sweden to build Europe's biggest factory for electric car batteries, rivaling Tesla's American "Gigafactory".

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China's Economic Growth Slows in Q3 But on Course to Beat Target

China's economy slowed marginally in the third quarter but is well on course to beat the government's annual target, cementing Xi Jinping's standing as he prepares to be handed a second term in power at a key Communist Party conclave.

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First Saudi Commercial Flight Jets to Baghdad after 27 Years

Saudi budget carrier flynas on Wednesday made the first commercial flight from Riyadh to Baghdad since 1990, as ties with neighboring Iraq show signs of improvement.

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Stock Markets Upbeat as Wall Street Scales New Heights

European stock markets advanced solidly Wednesday as Wall Street set new all-time highs, although Madrid lagged after Spain threatened to suspend Catalonia's autonomy.

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Cash-Loving Japanese Savers Opt to Play it Safe

The Tokyo stock market might be riding two-decade highs, but a growing number of Japanese are choosing to stash their cash in the humble home safe, wary of negative interest rates in the bank and out of the view of eagle-eyed tax officials.

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Bidding War Heats Up for $5 Billion Second Amazon HQ

It's the prize of a lifetime -- a $5 billion investment creating 50,000 well-paid jobs that everyone wants, but only one US city will get.

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Catalonia Tourism 'Down 15%' since Independence Vote

Tourism activity in Catalonia, Spain's most visited region, has dropped by around 15 percent since a contested independence referendum on October 1 that was marred by violence, an industry lobby group said Tuesday.

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OECD Says Reversing Brexit Would Give 'Significant' Boost to UK

Reversing Britain's shock referendum to leave the EU would "significantly" boost the economy, the OECD said on Tuesday, while the government insisted there were no plans to cancel Brexit.

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British Inflation Jumps to Five-Year Peak in September

Britain's annual inflation rate accelerated in September to the highest level in more than five years, lifted by rising commodity, food and transport prices, official data showed Tuesday.

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China's Economic Growth Slowed in Third Quarter

China's economic growth likely eased in the third quarter but is on course to beat the government's annual forecasts, analysts say, providing a boon for the Communist Party as it prepares to hand Xi Jinping a second term as president.

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