Monday, September 21, 2015

Global Business


US and Mexican negotiators are making progress and could resolve remaining issues to revamp the North American Free

Energy sector builds new links to Europe

While Westminster attempts to deliver Brexit within months, the UK's energy system is set to become dramatically more dependent

Former UBS trader vows to fight deportation

Kweku Adoboli, the former UBS trader who caused a $2.3bn (£1.8bn) financial loss - the biggest in UK

Pork firm shuts China slaughter house

China has ordered the world's top pork producer, WH Group Ltd, to shut a major slaughterhouse as authorities

South Korea sees worst job growth in 9 years

South Korea posted the weakest job growth in nearly nine years in July, adding to pressure on President

'No OPEC member can take over share of oil exports'

Iran told OPEC on Sunday no member country should be allowed to take over another member's share of

Beauty suppliers to consider sourcing outside of China

Walmart Inc has asked some beauty suppliers to consider sourcing products from outside China, as it looks for

Geely in deal to let Proton tap new-energy

Chinese automaker Geely has agreed to extend its existing partnership with Proton Holdings Berhad to upgrade the Malaysia

Chinese internet stock sell-off may shake faith

A steep downturn in heavyweight Chinese internet stocks and recent weakness in half of the so-called FANG group

Panama, US to sign pact to expand access to LNG

Panama on Friday will sign an agreement with the US Treasury and Energy departments aimed at paving the

US investors ring alarm bells

Less reporting by US corporations could put shareholders in the dark, allow companies to drift off course and even

Trump backs CEOs, proposes easing reporting rules

US President Donald Trump asked securities regulators to explore replacing quarterly reporting requirements with half-yearly filings at the

Air France-KLM shares fall, Dutch pilots threaten to strike

Air France-KLM shares fell on Friday in response to the hostile reception from unions to the company's new

Venezuelans rush to shop before monetary overhaul

Jittery Venezuelans on Friday rushed to shops and lined up at gas stations on concerns that a monetary

US seeks Facebook help to wiretap Messenger

The US government is trying to force Facebook Inc to break the encryption in its popular Messenger app

Saudi Aramco committed to meeting future oil demand

]Saudi state oil giant Saudi Aramco remains committed to meeting future oil demand through continued investments, the kingdom's

Workers at Chile's Escondida sign new contract

The union representing workers of Chilean copper mine Escondida signed a new collective labor contract on Friday, ending

Turkish firms face $3.8b bond crunch in October

Turkey and its firms face repayments of nearly $3.8 billion on foreign currency bonds in October as the

Russian oil industry would weather US 'bill from hell'

Stiff new US sanctions against Russia would only have a limited impact on its oil industry because it

UK retail sales shine on heatwave

British retail sales rebounded in July, official data showed Thursday, as the food sector won a major boost

Oil heads for weekly loss on economic growth concerns

Oil prices edged up on Friday but were heading for yet another weekly decline amid increasing concern over

Growing trade risks may soon sour foreign appetite for Asian bonds

Foreigners turned net buyers of Asian bonds in July after three months of aggressive selling, but the escalating trade

US seed sellers push for limits on Monsanto, BASF weed killer

America's two biggest independent seed sellers, Beck's Hybrids and Stine Seed, told Reuters they are pushing U.S. environmental

Asian markets bounce back on US-China trade talks

Asian markets opened higher Friday after a positive lead from Wall Street and Europe, with investors cautiously optimistic about

India bans petcoke import for use as fuel

India on Friday banned the import of petcoke for use as fuel, but said shipments for use as

Lira weakens more than 6 percent

Turkey's battered lira weakened more than 6 percent against the dollar on Friday, after a U.S. warning that

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