Monday, September 21, 2015

Global Business


Petrol prices have soared by Rs 1.59 a litre and diesel by Rs 1.31 in the last six

Travel firm Thomas Cook holds talks to avoid collapse

Bosses at Britain's Thomas Cook (TCG.L) were meeting lenders and creditors on Sunday to decide whether the world's oldest

China needs to change way it finances economy

 China needs to develop a better system for financing small businesses that drive innovation in the economy but

Charge against airline mechanic highlights 'insider threat'

The arrest of an airline mechanic suspected of being sympathetic with terrorists and charged with sabotaging a jetliner

Primark considers Central American suppliers

Confident it can crack the $300 billion US clothing and shoes market where many other foreign retailers have

SoftBank mulls bringing 40 companies to Brazil

Japan's SoftBank Group Corp is considering bringing around 40 companies with high growth potential to Brazil and expects to

3 Mile Island:Remaining reactor shuts down

 The money-losing Three Mile Island, the 1979 site of the United States' worst commercial nuclear power accident, was

GM electric car push could mean fewer and lower paying jobs

If US consumers ever ditch fuel burners for electric vehicles, then the United Auto Workers union is in

Irish border controls needed in no-deal Brexit

Jean-Claude Juncker, chief of the European Union's executive arm, says border controls will be placed on the Irish border

Despite Saudi turmoil, new oil shock unlikely

The past week’s sudden

China says Maldives is not 'mired in a Chinese debt trap'

The Maldives are not "mired in a Chinese debt trap", the Chinese government's top diplomat told the visiting Maldivian

Trump says he doesn't need China trade deal before election

As China and the US near a new round of trade talks, President Donald Trump said Friday he

Saudis show media scorched, shrapnel-blasted oil facility

The heart of Saudi Arabia's oil industry remained wrapped in scaffolding Friday as workers sought to repair the

White Bear Lake flourishes again with high water levels

At Admiral D's, a tavern and boat-rental business tucked in along White Bear Lake's west shore near Lion's

US wage law applies to marijuana industry workers

A US appeals court on Friday said the federal law requiring that workers be paid a minimum wage

NASA recognizes work of 3 Kentucky businesses

NASA has recognized three Kentucky companies for supplying critical elements and tools for the rocket boosters of the Space

'Will tackle fiscal woes of Chicago'

Chicago Mayor Lori Lightfoot on Friday tried to reassure investors in the city's debt that she will take

IMF approves 46 million loan tranche

Business DeskThe International Monetary Fund on Friday approved a loan tranche of $46mn to Moldova, saying the eastern

Fund managers gird for long trade war after FedEx slide

A profit warning and muted outlook from package delivery company FedEx Corp is prompting some high-profile fund managers

Auto union strike is latest worry in Flint

The birthplace of General Motors has been on an economic roller-coaster ride for more than a century as the

India gives cos $20.5 bn tax break for growth revival

India's government on Friday slashed corporate taxes, giving a surprise $20.5 billion break aimed at reviving private investment

Abe, Trump head for trade deal on auto tariffs

US President Donald Trump and Japanese Prime Minister Shinzo Abe are expected to clinch a deal on farm

FB CEO advised to sell WhatsApp, Instagram

As Facebook CEO Mark Zuckerberg met Thursday with President Donald Trump and other critics of the tech industry, the

Singapore luxury apartment sales hit 11-year high

Sales of Singapore apartments worth at least S$10 million ($7.3 million) have hit an 11-year high, fueled by increased

Tensions in Middle East hoist oil prices to largest weekly gain

Oil prices were on track to jump more than 7% this week, their biggest weekly rise in months,

Police search property of KPN's new CEO

Belgian police searched the home and office of Dominique Leroy, the incoming chief executive of Dutch telecom firm

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