Monday, September 21, 2015

Global Business


European ministers will begin debating on Friday how and when to start trade negotiations with the United States,

Oil prices firm on trade hopes, but record US output drags

Oil prices were firm on Friday, supported by OPEC's ongoing supply cuts and hopes that Washington and Beijing

Australia, China deny ban on coal imports amid tensions

China and Australia on Friday denied reports Australian coal was being blocked from entering the Asian country, with

A Fed pivot, born of volatility, missteps, and new economic reality

The Federal Reserve's promise in January to be "patient" about further interest rate hikes, putting a three-year-old process

Trade war prompts ECB fears of longer slowdown

European Central Bank policymakers' view of the economic outlook clouded as trade conflicts slowed the world economy, prompting

US firm to stop selling China equipment for minority DNA database

US biotechnology manufacturer Thermo Fisher on Thursday announced it would stop selling to China equipment used to create

Tesla rolls out Model 3 in China ahead of schedule

Tesla Inc has started delivering Model 3 cars in China slightly ahead of schedule, as it looks to

Canada's Barrick Gold considers hostile $19b bid for Newmont Mining

Canada's Barrick Gold Corp is considering a hostile bid for Newmont Mining Corp for about $19 billion in

Global shares nudge higher

Global shares rose on Friday as signs of progress on trade offset a worsening economic outlook, while the

Asia shares rise 2 months high, Aussie tumbles

Asian shares pulled ahead to fresh 4-1/2-month highs and U.S. equity futures rose on a Reuters report that

US-China outlines of deal to end trade war

The United States and China have started to outline commitments in principle on the stickiest issues in their

Chaina's Dalian port bans Australian coal imports

Customs at China's northern port of Dalian has banned imports of Australian coal and will cap overall coal

Spain proposes $53b public investment in climate change plan

Spain's Socialist government announced a 47 billion euro ($53 billion) public investment plan on Wednesday to tackle climate change

Nigeria hits oil majors with billions in back taxes

Nigeria has ordered foreign oil and gas companies to pay nearly $20 billion in taxes it says are owed

J&J receives federal subpoenas

Johnson & Johnson said Wednesday it has received subpoenas from the US Justice Department and the SEC related

Singapore Airlines denies snooping with cameras

Singapore Airlines insisted Thursday that cameras on its planes' entertainment systems had been disabled after an outcry online

New round of US-China trade talks begin in Washington

A new round of talks between the United States and China to resolve their trade war will take

Japan's Honda to shut UK major plant

Honda announced Tuesday it would shut a major plant in Britain, putting 3,500 jobs at risk as the

Cuba eyes Qatar, Algeria for oil with Venezuela in crisis

With top ally Venezuela in crisis, Cuba is moving to cover its oil needs elsewhere, seeking possible alternative

HSBC warns on China, UK slowdowns

HSBC warned it may have to delay some investments this year as Europe's biggest bank missed 2018 profit

China's to lay off 10 percent Inc, one of China's largest e-commerce sites, will lay off 10 percent of its senior executives this

Auto industry lines up against US tariffs

The US auto industry urged President Donald Trump's administration on Monday not to saddle imported cars and auto

Nearly 400 jobs lost after Flybmi appoints administrators

Nearly 400 employees at Flybmi have lost their jobs following the collapse of the regional British airline at

Global shares slip from four-month high

European and Asian shares hovered near four-month highs on Tuesday as investors took heart from some progress in

'Volkswagen wins appeal against diesel car owner'

A German court on Tuesday ruled in favor of Germany's biggest carmaker Volkswagen in a case brought by

Payless ShoeSource seeks bankruptcy protection again

US discount retailer Payless ShoeSource Inc on Monday filed for voluntary Chapter 11 bankruptcy protection for the second

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