Monday, September 21, 2015

Global Business


A coronavirus outbreak in China which has killed 81 people and spread to many countries is expected to hurt

New Delhi to sell full stake in debt-ridden Air India

India said on Monday it plans to sell its entire interest in Air India Ltd, making a renewed push

'EU has upper hand in UK trade talks'

Irish Prime Minister Leo Varadkar said the European Union will have the upper hand in post-Brexit trade talks with

German business morale weakens in January

German business morale deteriorated unexpectedly in January as the outlook for services darkened, a survey showed on Monday, suggesting

European shares eye worst day in about two months

European shares were on pace for their worst day in nearly two months on Monday as investors fretted over

US labor market may have peaked

There is an even balance in the share of US businesses reporting decreases and increases in employment for the

Kuwait could need $180b over the next six years: IMF

The International Monetary Fund estimates that Kuwait's financing needs will amount to some $180 billion over the next six

Oil drops below $60 as China virus drives concern

Crude prices extended declines on Monday, dropping below $60 for the first time in nearly three months as the

Boeing's 777X jetliner completes maiden flight

Boeing Co successfully staged the first flight of the world's largest twin-engined jetliner on Saturday in a respite from

Bulgaria on path to adopt euro in 2023

Bulgaria's plans to enter the eurozone's waiting room this spring and adopt the euro currency in 2023 are "completely

EU plans more protectionist antitrust rules

The EU plans to adopt more protectionist antitrust rules and encourage businesses to share data as part of an

Brazil's Bolsonaro rules out 'sin tax' idea

Brazil's President Jair Bolsonaro has ruled out a so-called "sin tax" on beer, cigarettes and sugary food products, an

H&M says data protection breaches unacceptable

Fashion retailer H&M (HMb.ST) said on Saturday that data security breaches found at its German unit were unacceptable and

US Treasury chief is optimistic about US-UK trade deal

uReuters, LondonUS Treasury Secretary Steven Mnuchin said that he was optimistic the United States and Britain, soon to be

'Digital currency cannot be private'

Digital currency could be useful as cash transactions dwindle in some countries but central banks should be in charge

Walmart testing higher wage for some new jobs

Walmart Inc is testing a higher starting wage for certain newly created jobs in about 500 US stores, as

Solar company owners plead guilty over Ponzi scheme

The husband-and-wife owners of DC Solar, a California solar company that caused Warren Buffett's Berkshire Hathaway Inc (BRKa.N) to

US pushing India to buy $5-6b more farm goods

The United States wants India to buy at least another $5-6 billion worth of American farm goods if New

Ericsson hit by higher 5G costs

Sweden's Ericsson (ERICb.ST) warned it faced higher costs this year as it rolls out new 5G networks and was

Nestle teams up with Canadian ingredient makers

Food company Nestle SA (NESN.S) said on Friday it has teamed up with small Canadian plant-based food ingredient makers

Financier doubts add to Boeing's MAX headaches

To restore faith in the 737 MAX, Boeing needs to prove its flagship jet is not just airworthy but

JPMorgan hires senior tech executive

JPMorgan Chase & Co (JPM.N) has hired senior banking technology executive Gavin Leo-Rhynie as head of engineering and architecture

TikTok hires Microsoft IP chief

Popular mobile video app TikTok said on Friday it has hired attorney Erich Andersen from Microsoft to serve

India faces first fall in direct taxes in at least two decades

India's corporate and income tax collection for the current year is likely to fall for the first time in

Euro zone economy remains weak

Euro zone business activity remained lacklustre at the start of the year, a survey showed a day after the

UK business improves after election

British companies are enjoying their best month in more than a year, a survey indicated on Friday, and the

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