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China's latest pick-me-up: A massive military parade

A lavish parade of military firepower may be Beijing's latest means of reinforcing its legitimacy in the eyes of mainland citizens after recent events, including a severe stock market plunge, shook trust in the government. "The parade represents not only a bold show of Chinese nationalism, military might and bilateral relationships, but also a necessary distraction from the economic slowdown, ...
Source: CNBC.com | By: Nyshka Chandran
GLOBAL ECONOMY-China manufacturing contracts, Korea exports slump as Asia's woes deepen

woes deepen@ * China official PMI at 3-year low; Markit reading at 6-1/2 yr low * China services sector growing, but at slower pace * South Korean exports drop 14.7 pct yr/yr * Japan wants China economy on G20 agenda * Australian central bank holds rates at record low BEIJING/SEOUL, Sept 1 (Reuters) - China's giant manufacturing sector contracted and exports from South Korea tumbled by the ...
Source: Reuters | By: Winni Zhou and Christine Kim
New boss of Frisch's Big Boy restaurants plans expansion

CINCINNATI (AP) - The new leader of the Frisch's Restaurants chain wants to flex Big Boy's brand muscle with franchise expansion, new restaurant shapes and sizes, menu and beverage additions, and doing more to court younger customers. Atlanta-based NRD Capital has taken over after shareholder approval last week of its $175 million acquisition that ended family operation of the Cincinnati-based ...
Source: The Associated Press | By: By DAN SEWELL, Associated Press
METALS-Copper eyes seventh weekly loss on China gloom

* China flash PMI shrinks at fastest pace in nearly 6-1/2 years * China refined nickel imports nearly double in July * China aluminum semis exports second lowest this year (Recasts, updates prices, adds comment and detail, changes dateline) LONDON, Aug 21 (Reuters) - Copper tumbled on Friday, heading for a seventh consecutive weekly loss, as poor factory data in China sparked alarm in global ...
Source: Reuters | By: Maytaal Angel
METALS-LME copper eyes 7th weekly loss on China woes; holds $5,000

* China refined nickel imports nearly double in July * China aluminium semis exports second lowest this year * China flash PMI shrinks at fastest pace in nearly 6-1/2 years (Adds comment, detail, updates prices) MELBOURNE, Aug 21 (Reuters) - London copper resumed its fall on Friday and was facing its seventh weekly loss, as poor factory growth in China fanned fears its economy was worsening, ...
Source: Reuters | By: Melanie Burton
Brazilian protesters call for president's ousting

Tens of thousands of protesters returned to the streets of cities across Brazil on Sunday to express their ire against President Dilma Rousseff, reflecting a low ebb for her as she grapples with a colossal bribery scandal and a declining economy. Still, the protests in some cities seemed to lack some of the urgency of huge demonstrations this year calling for the ouster of Ms. Rousseff, a ...
Source: The New York Times | By: Simon Romero
India, EU working to end trade huff over generic drugs

NEW DELHI, Aug 17 (Reuters) - India and the European Union are taking steps to end a trade row sparked by an EU ban on Indian pharmaceutical products that New Delhi responded to by canceling talks on a free trade accord with its largest trading partner, officials said. Indian Prime Minister Narendra Modi's office wrote to the E.U. Trade Commissioner to intervene when the ban on around 700 ...
Source: Reuters | By: Manoj Kumar
Ethanol acts as lone bright spot amid China commodity gloom

NEW YORK/BEIJING, Aug 17 (Reuters) - Recent news from China makes depressing reading for commodities producers, with a slowing economy, tumbling stock prices and a currency devaluation all signaling weaker demand. There is one exception: the world's second biggest economy has begun importing ethanol in volumes big enough to stir hopes that it might herald an opening of a major, until now ...
Source: Reuters | By: Chris Prentice and Niu Shuping
GOP debate: Winners, losers, and then there's Trump

At the beginning of this year, Republican National Committee chairman Reince Priebus announced his vision for a "sound debate process," cutting the number of GOP stage gatherings to nine. It was all an effort to make sure that the eventual nominee didn't get excessively bloodied in a dragged-out primary process, as many thought Mitt Romney had been in 2012. But the GOP's best laid plans didn't ...
Source: CNBC.com | By: Daniel Libit
Bad taste: Street spits out Keurig Green Mountain

Wall Street gave up on Keurig Green Mountain (NASDAQ: GMCR) Thursday with many analysts slashing 12-month price targets nearly in half as the company reported disappointing K-cup sales and provided a weak outlook. As of Thursday morning, now about 90 percent of the analysts who cover Keurig on Wall Street rate it either "sell" or "hold," according FactSet, an unprecedented negative bias for a ...
Source: CNBC.com | By: Tae Kim