Monday, September 21, 2015

Global Business


Chinese stocks fell almost 4 percent and alarm bells rang across global markets on Tuesday, as the trade

China slams US as Trump issues new trade threat

US President Donald Trump threatened to impose a 10 percent tariff on $200 billion of Chinese goods and

US oil companies, producers seek relief from steel tariffs

Major US energy companies including Plains All American Pipeline, Hess Corp and Kinder Morgan Inc are among many

OPEC sees strong oil market

Global oil demand is set to stay strong in the second half of 2018, an OPEC technical panel

Apple fined millions for Australia false iPhone claims

Apple was Tuesday fined Aus$9 million (US$6.7 million) by an Australian court for making false claims about consumer

Beijing will 'fight back firmly' if US publishes additional tariffs

China will fight back firmly with "qualitative" and "quantitative" measures if the United States publishes an additional list

Asian, European stocks plunge as China-US trade war fears brew

Hong Kong and Shanghai stocks led a sell-off across Asian and European markets Tuesday on rising trade war

UPS to spend $130m on new natural gas vehicles

Package delivery company UPS on Tuesday said it will invest $130 million to buy 730 compressed natural gas

ZTE shares tank after US Senate puts Trump reprieve in doubt

Shares of ZTE Corp plummeted on Tuesday after the US Senate's passage of a defense bill set up

VW names interim Audi boss

Volkswagen suspended Audi boss Rupert Stadler and announced an interim replacement on Tuesday, seeking to steady its most

Plans for UK-Germany high speed rail services shelved

Germany’s state rail operator has shelved plans for international high-speed services between London, Cologne and Frankfurt

US, EU take small step on trade

The United States and European Union will establish a dialogue on trade within the next two

Trump approves plan to impose tough China tariffs

President Donald Trump has approved a plan to impose

Trump to meet advisers on China tariffs

US President Donald Trump will meet with his top trade advisers on Thursday to decide whether to activate

Asian markets lower after hawkish Fed

Asian markets fell Thursday after the Federal Reserve hiked interest rates and signaled a more hawkish tone for

Wall St wants more female traders, but old perceptions die hard

As a biomedical engineering student at Duke University, Priya Karani thought she did not have the right skills

Euro goes up as ECB prepares to wind down

The euro rose to its highest in a month but world stocks wilted on Thursday, as the European

Embattled ZTE seeks $10.7b credit line

Chinese telecommunications giant ZTE Corp has proposed a $10.7 billion financing plan and nominated eight board members in a

Rolls-Royce cutting 4,600 jobs

Rolls-Royce, the British maker of plane engines, said Thursday that it plans to cut 4,600 mainly British jobs

Canada must diversify markets for NAFTA deal

Canada's trade minister held out hope Wednesday for a new continental trade deal, but with no clear timeline

US energy firms chasing oil price rally stumble on old baggage

With oil price recovery taking hold, several US oil and gas companies entered 2018 with a compelling plan -

Microsoft takes aim at Amazon with push for checkout-free retail

Microsoft Corp is working on technology that would eliminate cashiers and checkout lines from stores, in a nascent

Rolls-Royce to cut 4,600 jobs

Rolls-Royce or RR.L has said it would cut 4,600 jobs primarily in the UK as

World stocks slip as trade tensions dampen mood

World stocks retreated on Wednesday from one-month highs, with investor focus turning from the US-North Korea summit to

Singapore retail sales still lacklustre in April

Retail sales continued their lacklustre streak in April with turnover ticking up just 0.4 per cent over the

HDB rents edge up 0.2% in May, but volumes drop again

Rents in May inched up just 0.2 per cent month on month for both private apartments and HDB

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