Monday, September 21, 2015

Global Business


The heads of Britain's top 100 listed companies earn on average almost 400 times more than a worker on

Fannie, Freddie revamp plan in this year

An overhaul of Fannie Mae and Freddie Mac is highly unlikely to make it into this year's legislative calendar,

Stock markets worried over Trump’s agenda

The steepest pullback in stocks since the US presidential election reveals investor angst about President Donald Trump's ability to

Asian firms' confidence hits near two-year high

Business sentiment at Asia's top companies rose to its highest in almost two years in the first quarter of

Oil prices slide on bulging US crude inventories

Oil prices slipped back to three-month lows on Wednesday after data showed US crude inventories rising faster than expected,

Chinese supermarkets pull Brazilian meat

Some of China's largest food suppliers have pulled Brazilian beef and poultry from their shelves in the first concrete

Protectionism may raise, not cut, trade deficits: ECB

Protectionist trade policies may increase, rather than reduce, a country's trade deficit, the European Central Bank said in a

Uber board backs CEO Kalanick

Uber Technologies Inc plans to keep co-founder Travis Kalanick as chief executive following a series of damaging events at

EU to threaten Britain with court action

Britain will be threatened with court action by the EU if it tries to walk away without paying a

Google to hire staff after UK ad scandal

Google vowed on Tuesday to police its websites better by ramping up staff numbers and overhauling its policies after

Asian shares at 21-month highs, dollar soft on Fed

Asian shares hit 21-month highs on Tuesday while the dollar and U.S. bond yields were on the backfoot on

EU FMs worried about free trade

European Union finance ministers expressed concern on Tuesday over the future of free trade after what one of them

UK Inflation reaches 2.3%

British inflation last month shot past the Bank of England's 2 percent target for the first time since the

Wal-Mart to invest arm in e-commerce

Wal-Mart Stores Inc, the world's largest retailer, will launch its first investment arm to expand its e-commerce business in

Oil prices rise on talk, OPEC could extend supply cut

Oil prices rose on Tuesday on expectations that an OPEC-led production cut to prop up the market could be

Snap's share rises after $3.4 public listing

Snap Inc stock rose on Monday after the Snapchat owner received its first "buy" rating from a Wall Street

Hyundai Motor shares rally on speculation

Hyundai Motor Co shares gained the most in over five-and-a-half years on Tuesday on speculation that its parent group,

Apple CEO Cook visits China

Apple Inc chief executive Tim Cook paid a visit to Chinese bike-sharing company ofo on Tuesday, as the country's

Toshiba seeks US bankruptcy financing

Westinghouse Electric Co LLC, the nuclear power plant developer owned by Japanese electronics company Toshiba Corp, is taking offers

US bans laptops, tablets from cabins on flights from Middle East

The United States warned Tuesday that

BoE to focus more on protecting insurance policyholders

The Bank of England will spell out more clearly what insurers should be doing to protect policyholders such as

Britain to formally launch EU exit on March 29

Britain will formally begin Brexit by triggering Article 50 of the EU's Lisbon Treaty on March 29, officials said

FTSE slips from record high as banks, oil drag

Britain's top share index retreated from record levels on Monday, weighed down by falling energy stocks and banks. The

UBS faces trial in France over tax fraud

Swiss banking giant UBS will go on trial in France for establishing a wide-ranging tax fraud scheme, legal sources

Germany's 'wise men' reject surplus charge

Germany's panel of economic experts on Monday rejected criticism that Europe's biggest economy is running an overly high trade

Vodafone, Idea in $23b deal to create new Indian telecom leader

Britain's Vodafone Group and Idea Cellular agreed on Monday to merge their Indian operations in a $23 billion (18.52