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China to intensify crackdown on illegal money transfers to fight corruption

SHANGHAI, Oct 10- China will step up its crackdown on illegal cross-border money transfers conducted by underground money dealers and offshore companies, as part of efforts to fight corruption, the central bank said on Saturday. Authorities, including the People's Bank of China, State Administration of Foreign Exchange and the police, will intensify measures...
Source: Reuters
China central bank to expand relending pilot scheme to support economy

SHANGHAI, Oct 10- China's central bank said on Saturday it will expand a pilot scheme on relending, the latest effort by Beijing to help support a slowing economy. It will be expanded to include Shanghai, Beijing, Chongqing and six other provinces and municipalities, the People's Bank of China said in a statement posted on its website. Beijing has taken a raft of...
Source: Reuters
Thousands demonstrate in Germany against EU-US trade deal

BERLIN— Thousands of people are gathering in the German capital to protest against a planned trans-Atlantic free trade pact. The European Union and United States have been negotiating since 2013 on the Trans-Atlantic Trade and Investment Partnership, or TTIP. Protesters, organized by the Confederation of German Trade Unions, known by its acronym DGB, worry...
Source: The Associated Press
Agency cuts Catalonia's credit rating amid political tension

MADRID— Uncertainty over Catalonia's political future is set to hurt the independence-minded Spanish region's public finances after an international agency lowered its credit rating. Standard& Poor's downgraded Catalonia's rating from BB to BB- due to the "nascent tensions" between the region and the central government in Madrid. It also noted that the...
Source: The Associated Press
China publishes draft rules to regulate online car hailing services

SHANGHAI, Oct 10- China on Saturday published draft rules to regulate online car hailing businesses, a booming sector where U.S. firm Uber Technologies Inc and Chinese rival Didi Kuaidi have been aggressively competing for market share. Like in many other countries, the legality of car hailing services has vexed regulators in China where the authorities say...
Source: Reuters
Europe mulls new taxes to cover refugees cost

Germany and the European Commission are holding informal talks about a type of European solidarity tax to help cover the costs of asylum seekers.
Source: Reuters
Twin bombs kill at least 20 in Turkish capital Ankara

At least 20 people were dead in explosions outside Ankara's main train station, in what the government described as a terrorist attack.
Source: Reuters
This billionaire is key to monster brewer deal

This week the Harvard-educated Santo Domingo also emerged as kingmaker to AB InBev's takeover bid for SABMiller, the Financial Times reports.
Source: Financial Times | By: John Paul Rathbone and Andres Schipani
Germany says firms set aside enough nuclear decommissioning funds

BERLIN, Oct 10- Operators of German nuclear power plants have set aside enough funds to pay for decommissioning the country's reactors, the Economy Ministry said on Saturday, even though stress tests showed the potential cost could far exceed their provisions. E.ON, RWE, EnBW and Vattenfall are due to switch off their nuclear plants by a 2022 deadline set by...
Source: Reuters
Delhi's having its worst dengue outbreak since 2006

Delhi's dengue outbreak has seen more than 9,000 registered cases and 30 deaths, the highest numbers since 2006, the New York Times reports.
Source: The New York Times | By: Nida Najar and Suhasini Raj