Monday, September 21, 2015

Global Business


Tokyo stocks closed modestly higher Wednesday, its 12th straight day of gains, pushing the benchmark index to a fresh

UK Brexit budget offer is 'peanuts': Antonio Tajani

European Parliament president Antonio Tajani has described Britain's financial offer on Brexit as "peanuts" ahead of a crunch

Sri Lanka suffers sharpest monthly drop in worker remittances

Sri Lankan workers in the Middle East sent back fewer dollars in August, the sharpest monthly drop yet

Cash-loving Japanese savers opt to play safe

The Tokyo stock market might be riding two-decade highs, but a growing number of Japanese are choosing to

'Co-living' project takes on London housing crisis

The 10-storey building may look like a hotel, but it is thought to be the world's biggest large-scale

China now world's most attractive wine market

China has become the most attractive wine exporting destination in the world, according to major wine exporters and

Britain's unemployment holds at 42-year low

Britain's unemployment remains at a 42-year low but wage growth is failing to keep pace with surging inflation, official

Bidding war heats up for $5 billion second Amazon HQ

It's the prize of a lifetime -- a $5 billion investment creating 50,000 well-paid jobs that everyone wants,

Australia shuns clean energy target in policy overhaul

Australia's government on Tuesday rejected calls to set a clean energy target, instead scrapping aid for renewable projects

NAFTA to square off US demands

Trade ministers from the United States, Canada and Mexico wrap up a contentious round of NAFTA trade talks

How CSeries deal shook status quo

Two years ago, Airbus Chief Executive Tom Enders halted negotiations to buy Canada's CSeries program at midnight after

Asian markets extend gains

Asian equities edged up Tuesday as traders took a breather after recent strong gains, with more records on

British inflation jumps to 5-year peak

Britain's annual inflation rate accelerated in September to the highest level in more than five years, lifted by rising

Aramco asks FTI to halt IPO investor relations work

State-owned Saudi Aramco has asked FTI Consulting to suspend its investor relations advisory work related to the oil company's

'OPEC to cut 86 percent oil output'

The Organization of Petroleum Exporting Countries (OPEC) has a compliance rate with their output cut pledges of about

3 companies offering to search for MH370

Three companies have offered to resume the search for flight MH370 but no decision has been reached on whether

Dollar struggles on weak inflation

Asian markets extended gains on Monday after a positive lead from Wall Street while the dollar struggled following

Toyota Motor to test self-driving

Toyota Motor Corp on Monday said it would begin testing self-driving electric cars around 2020, which will use

Major change looms over central banking leadership

The leaders of the world's top central banks who risked trillions of dollars and their reputations to rescue

Kobe Steel scandal to expose Japan fault-lines

Under the once-vaunted "keiretsu" system of close, trust-based ties between manufacturers and suppliers, "Made-in-Japan" became a byword for industrial

Woodside delays Myanmar gas drilling

Australia's Woodside Petroleum and its partners have deferred gas exploration plans in Myanmar until 2018 after some disappointing

Global steel demand growth to slow

Global steel demand growth is expected to slow to 1.6 percent next year, after strong growth in 2017

Carrefour turns to Fnac Darty again for new chief

New Carrefour boss Alexandre Bompard has turned to a former colleague from Fnac Darty to be his finance

China factory inflation rises

China's factory price inflation rose again in September, official data showed Monday, indicating the improving domestic demand while

Bharti Airtel shares rise on news of Tata unit purchase

Shares of Bharti Airtel, an associate of Singtel, surged the most in five months after it announced that

US-world divide spills out at IMF-WB meetings

The growing split between the United States and the rest of the world spilled into the annual meetings

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