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PARIS - France’s new Socialist government announced a raft of tax rises worth 7.2 billions euros on Wednesday, including heavy one-off levies on wealthy households and big corporations, to plug a revenue shortfall this year from feeble economic growth.

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JAKARTA — Greenpeace activists on Wednesday protested plans by Indonesia to build Southeast Asia’s biggest coal power plant, saying it would sully coastal waters and strip the livelihoods of fishermen and farmers.

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HONG KONG — Asian markets mostly rose on Wednesday following a lead from Wall Street and Europe and amid rising hopes that central banks are poised to act to boost economic growth.

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LONDON - European shares edged down from two-month highs on Wednesday after three days of gains made on hopes of more monetary stimulus from central banks and the progress made in dealing with the euro zone debt crisis.

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The US manufacturing sector unexpectedly contracted in June for the first time in nearly three years as new orders tumbled, according to an industry report released on Monday.

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In a clear sign of the momentum behind the UAE’s bid to host the 2020 World Expo in Dubai, a team of leading international architectural and design firms are preparing the masterplan for the proposed Expo 2020 site, Dubai Trade Centre-Jebel Ali.

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The Dubai Airport Freezone, or Dafza, recently organised a networking event for Japanese investors and companies, as part of its continued efforts towards building stronger trade ties between the UAE and Japan.

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DP World London Gateway and DB Schenker Rail on Monday jointly announced an agreement to provide rail services from day one at the new deep-sea port and Europe’s largest logistics park, which opens in fouth quarter of 2013.

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LONDON - Britain’s Financial Services Authority is reviewing how it supervises wholesale capital markets following the Libor interbank interest rate-setting scandal, its chairman Adair Turner said on Tuesday.

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