Monday, September 21, 2015

Global Business


Asian equities extended a relief rally into a second day Tuesday as traders were emboldened by a receding

Arab boycott adds to woes of migrant workers in Qatar

An Arab embargo on Qatar is inflicting pain on foreign migrant workers struggling amid an oil slump and

Mexico dares to hope for best at NAFTA talks

Mexico feared the worst when Donald Trump was elected, but nine months on it is cautiously optimistic heading

German growth slower, but still strong ahead of election

Germany's economic growth slowed in the second quarter as exports cooled, official data showed Tuesday, but strong domestic

Facebook samples China's potential with sneaky app

Facebook's sneaky launch of a photo-sharing app in China, where its social network is banned, gives it a

British inflation steadies as Brexit impact fades

Britain's annual inflation rate steadied in July, with an expected rise failing to materialise as the pound recovers from

Cheniere Energy sets up China office

US natural gas exporter Cheniere Energy Inc is setting up an office in Beijing to help it clinch long-term

Tokyo shares rebound on easing North Korea fears

Tokyo shares rebounded Tuesday after four days of losses, as fears over a US-North Korea military conflict began

Asian markets to claw back losses as tensions ease

Most Asian markets started clawing back losses Monday as spiralling tensions over North Korea showed tentative signs of

China suspends N Korean iron, seafood imports

China will halt iron, iron ore and seafood imports from North Korea starting Tuesday as it implements new

Gold rally fueled by Trump's tweets

Gold's rally in recent weeks may be its first boosted by Twitter, but for the gains to sustain

Speculator enthusiasm for grains, oilseeds waning

Despite some analyst predictions, speculators were not confident in a bullish scenario for corn and soybeans ahead of

Arab bloc won't discriminate against US firms

Four Arab countries that imposed sanctions on Qatar have told the United States that US companies doing business with

European stocks open higher

European stocks moved higher at the start of trading on Monday with investors relieved about a lack of

German Aldi in partnership with Instacart

German grocery chain Aldi Inc said on Sunday it has partnered with Instacart Inc to deliver groceries in

Oil prices dip on Monday

Oil prices dipped on Monday as a slowdown in Chinese refining activity growth cast doubts over its crude

RWE optimistic for 2017, boosted by nuclear tax refund

German energy giant RWE said Monday it is on track to hit the upper targets of its 2017

Average US gas prices jump 8 cents thanks to crude costs

The average price of a gallon of regular-grade gasoline

KSA budget deficit halves after reforms, oil rebound

Saudi Arabia's budget deficit halved in the first six months of this year, the finance ministry said Sunday,

N Korea factories humming with 'Made in China' clothes

Chinese textile firms are increasingly using North Korean factories to take advantage of cheaper labor across the border,

China tames 'grey rhinos' after foreign shopping sprees

"Grey rhinos" have become a hunted species in China, where government regulators are clamping down on powerful private

Emergency teams battle oil spill off Kuwait

Emergency workers are battling to contain an oil spill near a joint Kuwaiti-Saudi oilfield in the Gulf, an

Bulgaria's tobacco industry going up in smoke

When seven-year-old Fatmagul Ali picked her first tobacco leaves in 1967, growing the crop seemed like a licence

Don't rush into investments linked to virtual currencies

In recent years, virtual currencies such as bitcoins - and the huge gains these digital tokens have achieved

Singtel net profit falls 5.6%

Singtel has posted a net profit of $891.6 million in the first quarter, down 5.6 per cent from a

Iran in talks to buy 48 Airbus helicopters

Iran is holding talks with European planemaker Airbus to buy 48 helicopters for civilian use, an Iranian official

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