Monday, September 21, 2015

Global Business


Chinese e-commerce giants Alibaba and reported a total of more than $55 billion in sales Monday midway through

EU labors to keep nuclear deal alive

European Union foreign ministers on Monday debated ways to keep the Iran nuclear deal intact after the Islamic Republic

Aston Martin is locked and loaded for SUV debut

The clock's ticking for Aston Martin's big reveal. On November 20 in Beijing, the British marque finally gets to

Oil drops more than 1 precent

Oil prices fell more than 1% on Monday amid concerns over the prospects of a trade deal between the

Because of Perry, backers got huge gas deal

 Two political supporters of US Energy Secretary Rick Perry secured a potentially lucrative oil and gas exploration deal from

China's NEV market may contract this year

Fewer new energy vehicles (NEV) could be sold in China this year than in 2018, an official at the country's

Emirates opens 1st remote check-in terminal in Dubai

 Emirates' first remote check-in terminal, outside of the airport, was opened on Monday to provide seamless connections for cruise

Saudi Aramco takes another step toward 1st IPO

Saudi Arabia's state-owned oil giant Aramco released a lengthy document late Saturday that lays the ground for investors to

Prosus sticks with $6.3b bid for Just Eat

Prosus (PRX.AS) held firm on its $6.3 billion offer to buy Just Eat (JE.L) on Monday as it argued

White House optimistic on prospects for trade deal

The White House is "very optimistic" it will reach a so-called phase one trade pact with China before the

Facing lawsuit, DeVos erases student loans for 1,500

Facing a federal lawsuit and mounting criticism, Education Secretary Betsy DeVos on Friday said she will forgive certain student

$800m in disaster aid to farmers hit by hurricanes

The federal government announced $800 million in aid Friday to farmers in three southern states that were devastated by

US company directors compensated more than ever

It's nice work if you can get it.The average annual compensation for non-executive directors at S&P 500 companies rose

Trump to pursue higher sales age for e-cigarettes

President Donald Trump said Friday his administration will pursue raising the age to purchase electronic cigarettes from 18 to

Top antitrust enforcer warns Big Tech

The Justice Department's top antitrust official warned Big Tech companies Friday that the government could pursue them for anticompetitive

Southwest and American pull 737 MAX until early March

Southwest Airlines and American Airlines Group Inc said on Friday they are extending Boeing 737 MAX cancellations until early

China factory prices falter

China's producer prices fell the most in more than three years in October, as the manufacturing sector weakened on

Brexit in 2020 won't lift fog over UK markets

Never mind Britain's general election and January 2020 Brexit deadline there is a fog over UK assets that

Japan compile stimulus package to support economy

Japanese Prime Minister Shinzo Abe on Friday asked his cabinet to compile a package of stimulus measures to

'US sanctions not his toughest crisis'

For decades, Huawei founder Ren Zhengfei stayed out of sight as his company grew to become the biggest maker

Japanese companies likely to spurn Saudi Aramco IPO

Japanese companies are unlikely to invest in Saudi Aramco's blockbuster initial public offering (IPO) because it is difficult to

Wall Street investors slam Warren's policies

Some Wall Street investors and Democratic donors sharply criticized progressive firebrand Elizabeth Warren's policies on issues from taxation to

Alibaba planning launch of $15 b HK listing

Alibaba Group Holding Ltd plans to launch a Hong Kong share offering to raise $10 billion to $15

China's trade with US shrinks in October

US-Chinese trade contracted again in October, despite optimism about possible progress in talks aimed at ending a tariff war

Europeans look to China as global partner, shun Trump's US

When France's president wants to carry European concerns to the world stage to find solutions for climate change, trade

World food prices rise for first time

World food prices rose for the first time in five months in October, boosted by jumps in quotations for

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