Monday, September 21, 2015

Global Business


House Democrats have reached a tentative agreement with labor leaders and the White House over a rewrite of the

UK authorities give Amazon 5 days for new Deliveroo plan

'Hitting profitability target has become more ambitious'

Deutsche Bank said on Tuesday that reaching its 2022 return on equity target of 8% has become more ambitious

PG&E's $13.5b deal with fire victims removes huge obstacles

Pacific Gas and Electric will be able to avoid two legal obstacles that could have tripped up its efforts

Sprint tells of business struggles of T-Mobile merger trial

Executives from Sprint Corp testified on Monday that the US wireless carrier has struggled to improve its network, hindering

Mahathir hopeful of 1MDB settlement with Goldman

Malaysian Prime Minister Mahathir Mohamad is hopeful of reaching an out-of-court settlement with Goldman Sachs over the 1MDB scandal

Cambodia dismayed over US sanctions for corruption, logging

The Cambodian government has expressed "strong dismay" over a US Treasury decision to sanction two businessmen suspected of corruption

Fed is likely to reinforce a message of continued low rates

The Federal Reserve is expected to send a clear message when its latest policy meeting ends Wednesday: Interest rates

Japanese regulators recommend $22m fine on Nissan

Japanese securities regulators are recommending that automaker Nissan be fined 2.4 billion yen ($22 million) over the under-reporting

As Fed reiterates rate pause, forecasts likely to be blown off course

Friday's booming US jobs report should give the Federal Reserve all it needs to stick to its plan not

Five questions before Lagarde

New European Central Bank boss Christine Lagarde holds her first policy meeting on Thursday, where investors will scrutinize her

Japan's service sector mood recovers slightly from tax hit

Japan's service sector sentiment improved slightly in November, recovering from a multi-year low hit in the previous month when

Australia's Westpac makes first court appearance

Australia's No.2 bank Westpac Banking Corp on Monday made its first court appearance for a case where it is

Euphoria to despair and back again

More than three years after Britons narrowly voted to leave the European Union, the Dec. 12 general election will

North Korea opens mountain spa, ski resort in tourism push

uNorth Korean leader Kim Jong Un opened a new mountain spa and ski resort that's intended for people to

Oil prices slip as weak China exports highlight trade war impact

Oil prices fell on Monday after data showed Chinese exports declined for a fourth straight month, sending jitters through

Fiat appeals against $33 million EU tax order

Carmaker Fiat Chrysler (FCHA.MI) has lodged an appeal with Europe's top court against an EU order to pay 30

Iran outlines budget to resist US sanctions

Iran's president presented a draft state budget of about $39 billion to parliament on Sunday, saying it was designed

Amazon CEO wants to work more with Pentagon Inc founder Jeff Bezos said it would support the US Department of Defense as technology companies vie for

Ericsson to pay over $1b to resolve US corruption probes

Swedish mobile telecoms company Ericsson (ERICb.ST) has agreed to pay over $1 billion to resolve probes into corruption, including

China November exports fall

China's exports in November shrank for the fourth consecutive month, underscoring persistent pressures on manufacturers from the Sino-US war

China copper imports hit 13-month high in November

China's copper imports rose 12.1% in November from the previous month to their highest in more than a year,

Mexico, US draw closer to finalizing USMCA

US and Mexican negotiators are "very close" to finalizing the United States-Mexico-Canada Agreement, a Washington-based source familiar with the

Trump urges WB to stop loaning to China

 US President Donald Trump on Friday called for the World Bank to stop loaning money to China, one day

FAA seeks to fine Boeing $3.9m for faulty jet parts

Health officials investigating a nationwide outbreak of vaping illnesses have listed, for the first time, the vape brands most

Saudi energy minister talks OPEC+ unity

OPEC and its allies would only ease supply curbs and pump more oil once global crude inventories fall and

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