Ad executives point to five ways Google stifles business

US authorities investigating Alphabet Inc’s Google for anticompetitive behaviour have recently begun probing the company’s $116 billion-a-year advertising business.
12 September 2019, 18:00 PM

Low-cost fracking offers boon to oil producers, headaches for suppliers

At a dusty drilling site east of San Antonio, shale producer EOG Resources Inc recently completed its latest well using a new technology developed by a small services firm that promises to slash the cost of each by $200,000.
12 September 2019, 18:00 PM

BSEC bans investors for gambling

The regulator has banned a number of investors and directors of listed companies as well as a corporate director from stock trading for their involvement in gambling in 12 shares.
12 September 2019, 18:00 PM

Rupee unlikely to gain traction as investors stay shy

The Indian rupee will not regain ground lost against the dollar in the coming year, according to strategists polled by Reuters, who believe a recent rollback of a surcharge on foreign investments will have no impact on the currency.
5 September 2019, 18:00 PM

Nissan probe finds CEO, other execs overpaid in compliance failure

Nissan Motor Co was embroiled in another scandal over executive pay on Thursday after Chief Executive Hiroto Saikawa admitted to being overpaid in violation of internal procedures under a scheme designed by ousted Chairman Carlos Ghosn.
5 September 2019, 18:00 PM

Rising US exports shrink trade deficit; China imports fall

A bump in US exports helped shrink America’s yawning trade deficit in July while imports from China continued to fall amid the two nations’ trade war, government data showed Wednesday.
5 September 2019, 18:00 PM

German industrial orders suffer in July

New orders for industrial firms in Europe’s manufacturing powerhouse Germany fell back in July, official data showed
5 September 2019, 18:00 PM

US sees modest growth, businesses show near-term optimism: Fed

The US economy grew at an unspectacular pace in recent weeks, while businesses still took a rosy view of the near future despite the escalating US-China trade war, the Federal Reserve said Wednesday.
5 September 2019, 18:00 PM

Canada central bank holds key lending rate at 1.75pc

The Bank of Canada on Wednesday held its key lending rate at 1.75 percent, saying it expects the Canadian economy to slow in the second half of the year.
5 September 2019, 18:00 PM

Apple places $7b in return to bond market

Apple Inc said on Thursday it had sold $7 billion of bonds at yields ranging up to 103 basis points over the equivalent US Treasury on maturities of up to 30 years, its first such debt issues since November 2017.
5 September 2019, 18:00 PM

US, China to resume trade talks in Washington in October

China and the United States will resume trade talks in Washington in early October, Beijing said on Thursday, allaying fears that new punitive tariffs would lead to a breakdown in the protracted negotiations.
5 September 2019, 18:00 PM

World food prices dip in Aug for third month running: FAO

World food prices fell for a third month running in August, pushed down by a sharp drop in the prices of sugar, wheat and maize, the United Nations food agency said on Thursday.
5 September 2019, 18:00 PM

Samsung launches Galaxy Fold in South Korea today priced $2,000

Samsung Electronics Co Ltd on Thursday said its first foldable smartphone, the Galaxy Fold, will be available in South Korea from Sept. 6 with fifth-generation (5G) mobile connectivity.
5 September 2019, 18:00 PM

Google target of new US antitrust probe

More than 30 US state attorneys general are readying an investigation into Alphabet Inc’s Google for potential antitrust violations, a source knowledgeable about the probe said on Tuesday.
4 September 2019, 18:00 PM

Pound extends recovery amid Brexit drama

The pound rebounded further Wednesday, but gains were capped by investor anxiety after Brexit turmoil sent the currency tumbling and set the stage for a potential snap UK election next month.
4 September 2019, 18:00 PM

US investment in Malaysia up sharply as trade row worsens

Malaysia approved US investment worth $5.62 billion in the first half of the year compared with $113 million the previous year, the government said on Wednesday, a possible sign of a diversion of US business as a trade row with China drags on.
4 September 2019, 18:00 PM

Huawei says US enticing, coercing staff to provide company info

China’s Huawei Technologies on Tuesday said the US government had instructed law enforcement to “coerce” and “entice” its employees to turn against the company, as it steps up its pushback against a US campaign that could threaten its survival.
4 September 2019, 18:00 PM

India may miss fiscal deficit target amid stimulus pressure

India is likely to miss its fiscal deficit target for the current financial year, despite receiving an additional dividend from the central bank, five government officials and advisers said, as tax collections have sunk amid a sharp slowdown.
4 September 2019, 18:00 PM

To cut or not? Dueling Fed views boost pressure on Powell

The Federal Reserve should use its meeting in two weeks to aggressively cut interest rates, one US central banker said on Tuesday.
4 September 2019, 18:00 PM

Chinese pin hopes on Bangladesh’s product diversity, quality

Chinese fabric manufacturers foresee continuous business with Bangladesh thanks to the diversification in the latter’s readymade garments sector along with qualitative improvements.
4 September 2019, 18:00 PM