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Mayor Bill de Blasio sided with Starbucks – and against Donald Trump – Wednesday in the controversy over the coffee chain’s minimalist holiday cups. “I don’t remember Starbucks ever being a Christian company, do you?” the actress continued.

“This is about basic fairness and basic justice”, he said of the push to raise the minimum wage both in NY State and across the country.

The report said the existing loan-to-value ratio (LVR) rules had restrained house prices at first, but the effect had waned over the past year, especially in Auckland.

The company, which six years ago turned November 11 into China’s equivalent of US shopping event Cyber Monday, could see this year’s sales rise to as much as $13.8 billion, a growth of nearly 50 percent from last year’s total, according to research firm IDC. The...

The PBOC’s decision to devalue the yuan by a third was not only the most significant change to the yuan’s value since 1994, but also caused the biggest one-day selloff of Chinese stocks in twenty years, which in turn sent ripples across the global economy.

The agency, of which New Zealand is a member, says under one middling scenario, oil will rise to only $US80 a barrel by 2020, and other scenarios suggest it could stay lower for much longer.

Same-store sales could fall 1.8% to 2.2% in the year ending January, a revision down from the retailer’s earlier forecast for flat same-store sales. The stock is down almost 40% this year. The investor had said a Reit would trade at a higher multiple than the stores. Two...

Lufthansa announced that 933 services would be cancelled on Thursday as cabin crew entered their sixth day of strikes, leaving 107,000 passengers scrambling to find alternate transport to their destinations.

The sense of diverging policy moves was reinforced on November 6 when USA employment figures easily exceeded expectations, leading a few to predict that a December rate hike by the Fed was a near-certainty. It’s fair to say that the world’s monetary policymakers...

China has allowed direct trading between the yuan and the Swiss franc, in a further effort to bolster its national currency’s presence on the world stage by making it freely usable.

The company said in a statement late Sunday night that the leaking vehicle had been sealed, the spilled product was contained and had been siphoned off, and no product had reached a waterway. However, she also said she is grateful but shocked there was no explosion or fire...

An AFP photographer near the Gibina border-crossing point in north-eastern Slovenia saw soldiers erecting rolls of razor wire to about shoulder-height across fields at the rate of around 100 metres (yards) per hour.

As part of the deal, AB Inbev said it would sell SABMiller’s 58 per cent stake in MillerCoors to Molson Coors in a deal valued at $US12 billion in cash, reflecting an effort to appease regulators concerned about the combined giant’s size.

On the demand side, the IEA forecast that collectively, the United States, European Union, and Japan would see their oil demand drop by about 10 million barrels a day by 2040.

The Sotheby’s blue diamond, which goes under the hammer on Wednesday, has been tipped as a world record-beater, with the auction house listing its projected sale price at $35-$55m.