Monday, September 21, 2015

Global Business


Japanese Prime Minister Shinzo Abe said South Korea's decision to cancel a deal to share military intelligence is

India Inc grows impatient as economy dips and Modi is distracted

When Prime Minister Narendra Modi was re-elected in May with a sweeping majority, Indian stock markets jumped to

Climate change turns Arctic into strategic, economic hotspot

From a helicopter, Greenland's brilliant white ice and dark mountains make the desolation seem to go on forever.

Asian petrochemical profits slammed by trade war crossfire

Profits from making petrochemicals in Asia have plunged to their lowest in months as the unrelenting trade conflict

Investors hope Powell's speech offers clarity

Against the backdrop of a vulnerable economy, Federal Reserve Chairman Jerome Powell takes center stage Friday with the

Singapore's cuts 2019cr inflation forecast

Singapore's core inflation eased to its slowest pace in more than three years in July, data showed on

Italian bonds shine, spotlight turns to Jackson Hole

Most euro zone bond yields edged up on Friday in quiet trade ahead of a speech by US

Trump attacks on Google recycle baseless claims

President Donald Trump has been on a tear about Google that traces back to a series of unfounded

German cabinet agrees to end reunification ta

German Chancellor Angela Merkel's government agreed on Wednesday to exempt most taxpayers from the solidarity tax that was

Alibaba postpones up to $15 bn Hong Kong listing

China's biggest e-commerce company Alibaba Group Holding Ltd has delayed its up to $15 billion listing in Hong

Mexico, US reach deal to end tomato tariff spat

Mexican tomato producers have reached a deal with the US government to avoid an anti-dumping investigation, Mexican Economy

Big Swiss companies must study women's pay gap from next year

Major Swiss companies will be required to review pay gaps between male and female staff from next year

Huawei CEO says company will not be crushed

Huawei founder and CEO Ren Zhengfei said that US restrictions on access to technology would not defeat the

Brent oil prices rise above $60, buoyed by US stock drawdown

Brent crude oil futures rose above $60 a barrel on Wednesday after industry data showed a larger-than-expected drop

Humbled Noble Group seeks to rebuild LNG, energy businesses

Noble Group Holdings (Noble Holdings) plans to rebuild its liquefied natural gas (LNG) and core energy businesses and

Bankers hawk hedging as trade war hits China's yuan

In a Shanghai room packed with small businesses ranging from furniture makers to garment exporters, Zhu Yuan, a

Italy needs 50 billion euro budget for 'shock' stimulus

The leader of Italy's far-right League party, Matteo Salvini, said on Tuesday that a budget worth 50 billion

New figures show UK economy a little larger than thought

Britain's economy is slightly larger than previously thought, according to new official estimates published on Tuesday that take

Top US CEOs rethink the meaning of shareholder value

The "shareholder comes first" has for years been the mantra of the Business Roundtable, a group that represents

Euro weakens vs. dollar as Treasury yields pick up on stimulus talks

The euro hovered around a two-week low versus the dollar as the U.S. currency held strong on Tuesday,

Lufthansa will hold its ground in short-haul price war

German carrier Lufthansa will continue to fight for market share in the hotly contested market for short-haul flights,

Huawei expects no relief from US sanctions but is confident

The founder of Chinese tech giant Huawei said Tuesday he expects no relief from US export curbs due

WhatsApp in talks to launch mobile payments in Indonesia

Facebook Inc's messaging service WhatsApp is in talks with multiple Indonesian digital payment firms to offer their mobile

Brand-name drug prices rising at slower pace

Drug companies are still raising prices for brand-name prescription medicines, just not as often or by as much

Asian shares mostly rise after Wall Street rally on Huawei

Asian shares were mostly higher Tuesday after Wall Street rallied on the U.S. decision to give Chinese telecom giant Huawei

'Trump dismisses worries of recession'

President Donald Trump dismissed concerns of recession on Sunday and offered an optimistic outlook for the economy after

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