News Headlines - 29 June 2017

China-led multilateral lender AIIB gets top-notch credit rating from Moody’s | South China Morning Post

The long-term foreign currency issuer rating of Aaa granted by Moody’s Investors Service will put the Beijing-based multilateral lender on par with the World Bank and the Asian Development Bank and pave the way for the bank to sell bonds to international investors.

Records come round again: Sony to open vinyl factory in Japan | The Guardian

Sony Music Japan shut down its in-house vinyl pressing production in 1989 after the advent of CDs, which entered the market in 1982 and were dominantfor the next two decades.
However, in a trend mirrored worldwide, vinyl sales in Japan have rocketed over the past four years and the country’s sole vinyl-pressing factory is unable to cope with demand, prompting Sony to step in.

Emmanuel Macron kicks off controversial attempt to reform France's labour laws | The Independent

Emmanuel Macron’s government has launched a programme of controversial labour reforms designed to make it easier to hire and fire employees, create jobs and spur France’s economic growth... Mass street protests were expected over the summer, but only the hardline General Confederation of Labour (CGT) union has called for a strike in September over Mr Macron’s plans.

Greek garbage workers suspend strike over jobs as trash piles grow in heatwave | Reuters

Hundreds of striking Greek sanitation workers ended a 10-day strike in Athens on Thursday over jobs as steaming mountains of garbage piled up across the country and temperatures soared.

Six arrested in Spain, Britain, Germany for Islamist militant links | Reuters

Six people have been arrested in Spain, Britain and Germany accused of links to the Islamist militant group Islamic State, and the indoctrination and radicalization of potential members, the Spanish interior ministry said on Wednesday.








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