For December 23rd
2:46 a.m. Walmart has been forced to remove a baby formula from all 3,000 of their stores after an infant who ingested it died from a rare illness, it's unknown whether the formulae was the cause.
4:24 a.m. Austrailia's Gloucester Coal has agreed to a $2.2billion takeover from Chinese company Yanzhou Coal Mining.
4:44 a.m. World bank has pledged $5.5billion in aid to Pakistan!
7:36 a.m. Singapore's factory output has declined in the past months by 9.6%, putting it down 30.6% from this time last year.
11:53 a.m. Italy's consumer confidence index fell from 96.1 to 91.6 as fears spread as to a possible oncoming recession.
2:58 p.m. A South western Chinese province will increase its minimum wage by 23% at the start of the year, while most provinces raised theirs by 13%.
4:18 p.m. US income and spending figures disappointed, rising only 0.1%, less than expected, in the past month.
5:39 p.m. VW have agreed to prevent out of hours blackberry emails, after complaints of work and home life becoming blurred.
6:28 p.m. Orders for durable goods in the US have risen by 3.8% in November.
7:23 p.m. The US congress have agreed to a payroll tax cut after the hous of republicans gave in just a day earlier. This rare wins over congress, who have blocked Obama's agenda so-far.
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