Monday, September 21, 2015

Global Business


Growth in eurozone banks' lending to businesses slowed in February, figures from the European Central Bank showed Monday. Lending

'Morgan ups European earnings forecasts'

A stronger-than-anticipated economic recovery, the return of inflation and the region's financial sector in a "sweet spot" has spurred

Dollar, shares tumbling over Trump trade doubts

The dollar and share prices tumbled on Monday, as investors worried that US President Donald Trump's defeat over healthcare

Oil slips towards $50 on doubts over output-cut

Oil fell further towards $50 a barrel on Monday, pressured by uncertainty over whether an OPEC-led production cut will

China talks over American Airlines tie-up

China Southern Airlines is in talks over a tie-up with American Airlines that could involve the US carrier taking

Shell and Anadarko mull clean break

Royal Dutch Shell Plc and Anadarko Petroleum Corp may let a 10-year joint venture in the oil-rich Permian Basin

Hyundai suspends China plant for a week

South Korea's Hyundai Motor on Monday said it had suspended production at one of its Chinese factories for a

Honda faces long haul to recoup jet costs

After three decades building an airplane from scratch, Michimasa Fujino, 56, chief engineer of the Hondajet, might have to

Dollar, stocks inch up as US healthcare vote back on

The dollar recouped a little lost ground on Friday amid signs a delayed vote on President Donald Trump's healthcare

Chinese dairy stocks crash 90% in Hong Kong

Shares in a Hong Kong-listed Chinese dairy crashed more than 90 percent Friday, in one of the city's biggest

French private sector growth hits six year high

France's private sector growth accelerated in March to reach its highest level in nearly six years, a key survey

Oil edges up as Saudis cut supplies to US

Oil prices edged up on Friday, supported by a fall in Saudi exports to the United States, but overall

HSBC to boost China staff by up to 1,000 in 2017

HSBC plans to add as many as 1,000 new employees to its Chinese retail banking and wealth management arm

Hong Kong shares end week with gains

Hong Kong stocks ended the week with a small gain with traders looking ahead to a key vote on

US new home sales hit seven-month high

New US single-family home sales jumped to a seven-month high in February, suggesting the housing market recovery was gaining

Markets on edge before key US healthcare vote

World markets wobbled in unsteady trading

Trump Tantrum looms on Wall Street

The Trump Trade could start looking more like a Trump Tantrum if the new U.S. administration's healthcare bill stalls

British car production hit 17-year high

British car production hit a 17-year high in February, extending a recent trend of surging output as a strong

Stocks, sterling steady after London attack

Stocks and sterling held their ground on Thursday as markets took the latest European terror attack, this time in

UK retail sales suffer the biggest three-month drop

British retail sales in the three months to February recorded their biggest slide in nearly seven years as higher

Slide in US stocks sign of 'Trump trade' weakness

If the swoon this week in financials was one sign of the Trump trade running out of fuel, recent

ZTE posts 4th-quarter net loss

Chinese telecommunications equipment maker ZTE Corp on Thursday reported a net loss of 5.22 billion yuan ($760 million) in

US Jobless claims rise, labor market strong

The number of Americans filing for unemployment benefits unexpectedly rose last week, but remained below a level associated with

Investors find some comfort in Next's chilly outlook

British clothing retailer Next reported a first drop in annual profit since 2009 and said it was "extremely cautious"

Euro zone survey data point to robust

Economic recovery in the euro zone is gaining ground and some data point to robust momentum in the first

Westinghouse's clients gear up for bankruptcy fight

The US utilities that are clients of Toshiba Corp's nuclear power plant construction subsidiary, Westinghouse Electric Co LLC, have