Guangzhou's municipal government is planning to launch its own Uber-like online taxi hire service, only weeks after police closed the Uber office. The FT reports.
Gross domestic product expanded an annualized 2.6 percent from the year before, topping the advance estimate of 2.1 percent.
The Australian government may allow foreign airlines to operate domestic routes, reports the Wall Street Journal.
While the euro-dollar breakout looked like a short-term move rather than a trend change, the situation now is different and impacts long term positions.
With Nymex rebounding 40 percent since its lows of the year, many are asking if the uptrend will stay or whether if it is a short-term bounce.
The euro may have rebounded more than 6 percent from its lows of 1.05 against the U.S. dollar, but chart analysis shows that rally may be shortlived.