Monday, September 21, 2015

Global Business


Business professionals in developing countries are surprisingly more optimistic about the global trade outlook than those in the

Oil output unable to compensate for Iranian crude

Iranian oil output cannot be replaced by other oil producing countries if Tehran is hit by sanctions by

New trade pact leaves US industries in Mexico

The new North American trade agreement ends key legal protections for many US businesses operating in Mexico, leaving

Japan tells Facebook to improve data protection

Japan's government on Monday told US technology firm Facebook Inc (FB.O) to better protect its users' personal data

CBS interim chairman resigns from board

CBS Corp interim chairman Richard Parsons has resigned from the board for reasons of ill health about a

China stimulus hopes lift global stocks

European shares gained on Monday amid relief over Italy's budget, following rallies in Asia after China promised to

Truck makers rev up for rollout of electric big rigs

Tesla Inc Chief Executive Elon Musk put electric heavy commercial trucks on the map in November 2017 when

E-application option for all UOB consumer products

Applications for all of United Overseas Bank's (UOB) consumer banking products can now be done online, so transactions

China Q3 GDP growth slows

China's economy grew at a slower-than-expected pace of 6.5 per cent in the third quarter from a year

Most UK firms to trigger Brexit safety plans

The vast majority of British firms are poised to implement their Brexit contingency plans by Christmas if there

France awaits results from Macron's pro-business push

Emmanuel Macron has watched his approval ratings plunge as voters wait for his pro-business reforms to pay off

Food firms to gain from EU-Singapore FTA

From manufacturers of spring roll pastry and frozen prata to services firms and serviced residence operators, Singa-pore companies

Germany urges minimum tax for digital giants

German Finance Minister Olaf Scholz said in an interview for publication Sunday he backed a global minimum fiscal

Daimler cuts 2018 profit forecast on diesel woes

German luxury automaker Daimler on Friday again cut its profit outlook for 2018, warning that costs related to

HDFC Bank reports record profit for July-Sept

HDFC Bank Ltd has reported record profit for the three months ending Sept. 30 broadly in line with

South Africa needs to tame inflation, cut excessive borrowing

South African Reserve Bank governor Lesetja Kganyago on Friday said the country has to tame the stubborn inflation

EU expresses concern over Italy's budget

The European Commission has formally warned Italy that its budget plans for 2019 are a serious concern, launching

Merkel for free trade as EU-Asia meet

German Chancellor Angela Merkel issued a rallying call for free trade Friday as EU and Asian leaders met

IMF reaches deal with Ukraine on new $4b

The International Monetary Fund announced Friday it had reached an agreement with Ukraine on economic policies that would

Canadian deficit unchanged in last fiscal year

The Canadian federal government ran up a deficit of 19-billion Canadian dollars (about 14.5 billion US dollars) in

Trump to meet heads of Boeing, Lockheed, Northrop

US President Donald Trump is scheduled to meet the chief executives of the biggest US defense companies at

Google to charge Android up to $40 per device

Alphabet Inc's Google will charge hardware firms up to $40 per device to use its apps under a

UBS warns staff over China travel

Swiss bank UBS Group AG. has asked its China wealth management staff to reconsider their travel plans to

Apple CEO urges Bloomberg to retract spy chip story

Apple Inc Chief Executive Tim Cook on Friday told an online news website that Bloomberg should retract a

US stocks end choppy session mostly lower

Wall Street stocks finished a choppy session mostly lower Friday despite a good group earnings, amid lingering volatility

CrowdStrike hires Goldman Sachs to lead IPO

Cybersecurity software maker CrowdStrike Inc has hired investment bank Goldman Sachs Group to prepare for an initial public

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