Global Business

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

By Asian Age Online

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