Monday, September 21, 2015

Global Business


OPEC's leader Saudi Arabia and its biggest oil-producer ally outside the group, Russia, ruled out on Sunday any

India considers cutting back crude imports

With oil traders forecasting crude oil to rise to $100 a barrel by the end of the year,

Chinese home modems, routers hit by US tariffs

US tariffs that hit some $200 billion worth of Chinese products on Monday spare many high-profile consumer technology

Coronado kicks off $950m IPO

US-based Coronado Global Resources Inc launched what is set to be Australia's biggest coal mining float in six

Total makes offshore UK gas discovery

French oil and energy group Total said on Monday it had made a major gas discovery on the Glendronach

Global oil demand, refining growth to peak in 2035

World oil demand will peak at 104.4 million barrels per day (bpd) in the mid-2030s, up from just

Nepal reinstates $2.5b hydropower deal with Chinese firm

Nepal has reinstated a deal with a Chinese state-owned company to build a $2.5b hydroelectric plant scrapped by

Sky's shares jump after Comcast wins auction

Shares in Sky jumped 9 percent on Monday to within touching distance of the 17.28 pounds a share

OPEC monitoring committee to assess proper oil production level in 2019

The OPEC monitoring committee will analyze the forecast of the oil

Weaker rupee, regulations make realty attractive for NRIs

A fluctuating rupee, and introduction of various regulations to bring in transparency and accountability, are making real estate

20,000 march for wage equality in Switzerland

Some 20,000 people marched in Bern demanding wage equality between the genders, organisers said, warning that women are

Swiss economy "booming" but faces headwinds

A latest Swiss government economic forecast described the economy as "booming", but also issued a caution due to

In Nigeria, Shell's onshore roots still run deep

Royal Dutch Shell wants to reweight its footprint in Nigeria to focus on oil and gas fields far

1.6b forest trips expected in 2018

Visits to forest park in China are expected to reach 1.6 billion in 2018 thanks to booming tourism,

Studies reveal chips from Intel and Toshiba

Apple Inc's latest iPhones hit stores around the world on Friday, featuring components made by Intel Corp and

Ether cryptocurrency: A victim of blockchain success

For all the attention afforded bitcoin, it is its rival ether that is hitting the headlines, with the

Asian firms shuffle production around the region

A growing number of Asian manufacturers of products ranging from memory chips to machines tools are moving to

AstraZeneca CEO warns of medicine shortages

Britain could see widespread medicine shortages if there is no deal to prevent friction at the border with

'VW’s Porsche to stop offering diesel models'

Volkswagen's Porsche will stop offering diesel versions of its cars, the unit's chief executive told a weekly newspaper,

White House optimistic about China trade dispute

The United States is optimistic about finding a way forward in its trade dispute with China, but it

Modi faces calls for resignation over French jet deal

Indian Prime Minister Narendra Modi faced calls for his resignation over allegations of corruption in a military jet

GE says blade problem affects more gas turbines

General Electric Co said on Friday that turbine blade oxidation which forced Exelon Corp to idle four electric

Mexico will seek deal with Canada if NAFTA talks fail: Lopez Obrador

Mexico's incoming government will pursue a bilateral deal with Canada if talks to overhaul the North American Free

US taps Adam Lerrick as acting executive director at IMF

US Treasury official Adam Lerrick has been tapped by the Trump administration to serve as the country's acting

China drafts new nuclear energy law, focus on int’l market

China will provide more support for its nuclear firms to go overseas and strengthen their position on the

Google tweaks privacy policy for Indian payment app

Google has tweaked the privacy policy of its Indian digital payments mobile application, days after local rival Paytm

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