Saudi Aramco appoints first woman to the board

Saudi Aramco, the world's top oil company which is preparing to go public, said on Sunday it has appointed new members to its board including a female executive, a milestone for Saudi Arabia and the oil industry where there are few women executives.
29 April 2018, 18:00 PM

Strong Asian demand continues to hold up thermal coal markets

Asian thermal coal demand is defying its typical seasonal slowdown as well as the expanding use of renewables and natural gas, with prices holding not far off $100 a tonne despite the onset of the usual lull at this time of year.
29 April 2018, 18:00 PM

Saudi king launches building of entertainment mega-park

Saudi Arabia's King Salman has launched construction of an "entertainment city" near Riyadh, part of a series of multi-billion dollar projects aimed at helping the oil-dependent kingdom diversify its economy.
29 April 2018, 18:00 PM

Singapore factory output up 5.9pc

Singapore's industrial production grew slightly more than expected in March from a year earlier as electronics output continued to show strong growth, data showed on Thursday.
26 April 2018, 18:00 PM

EU moves to regulate tech giants' business practices

Tech giants including Google, Apple and Amazon will for the first time face rules governing their commercial relations with smaller businesses under a law proposed by the European Union on Thursday.
26 April 2018, 18:00 PM

Volkswagen sees 'good start' to 2018 despite slip in profits

German car giant Volkswagen on Thursday reported a drop in profits but nonetheless said strong sales got the year off to "a good start", as new CEO Herbert Diess pushes on with a post-dieselgate revamp of the behemoth.
26 April 2018, 18:00 PM

China warns US against causing damage to trade in Huawei probe

China warned the United States on Thursday against harming trade after a report that US authorities had opened an investigation into suspected violations of Iran sanctions by China's Huawei Technologies.
26 April 2018, 18:00 PM

Nokia sees weak first half

Network equipment maker Nokia posted weaker than expected quarterly profits as telecom operators, particularly in North America, held off spending, but the company sees momentum building later in the year.
26 April 2018, 18:00 PM

Facebook's future could look like Microsoft's past

Facebook's future could look like Microsoft's past. Tumbling valuations and regulatory attacks crushed the shares of Bill Gates'
26 April 2018, 18:00 PM

China’s economic fundamentals are strong

China's economic fundamentals are strong and the country has sufficient policy tools to guard against systemic risks, People's Bank of China Governor Yi Gang said on Saturday, according to Xinhua.
22 April 2018, 18:00 PM

World Bank shareholders approve $13b capital increase

World Bank shareholders approved a "historic" increase in the bank's lending capacity Saturday after the United States backed a reform package that curbs loans and charges more for higher income countries like China.
22 April 2018, 18:00 PM

British inflation drops to lowest level in year

British inflation unexpectedly slowed in March to reach the lowest level in a year, data showed Wednesday, undermining the urgency of raising interest rates although analysts said a hike was still likely next month.
18 April 2018, 18:00 PM

Fed says small firms lack key insurance for disasters

Small US businesses hit by last year's natural disasters often suffered doubly since they did not have the right kind of insurance to cover their losses, according to a report Tuesday.
18 April 2018, 18:00 PM

Amazon launches international shopping from US

Amazon.com Inc has launched an international shopping feature that will enable customers across the world to shop more than 45 million items that can be shipped to their country from the United States.
18 April 2018, 18:00 PM

EU pushes quick Japan trade deal in face of US protectionism

The EU said on Wednesday it was leading the defence of free trade in the face of US "protectionism" as it unveiled plans to fast-track deals with Japan and Singapore.
18 April 2018, 18:00 PM

VW's Electrify America to install EV chargers at Walmart stores

Volkswagen AG unit Electrify America will install electric vehicle charging stations at more than 100 Walmart Inc store locations in 34 US states by mid-2019 as part of Electrify's plans to bolster charging infrastructure across the country, the two companies said on Wednesday.
18 April 2018, 18:00 PM

Merkel wants European Monetary Fund with national oversight

German Chancellor Angela Merkel backs the idea of a European Monetary Fund, provided national governments have sufficient oversight, sources close to her said before a visit by the French president.
18 April 2018, 18:00 PM

Norwegian plastics recycler Tomra seeks to expand in China

Norway's Tomra, the world's top maker of machines that collect plastic bottles and repay a deposit, is seeking to expand in China as governments worldwide work to limit waste, Chief Executive Stefan Ranstrand said on Wednesday.
18 April 2018, 18:00 PM

Uber doubling down on India investments

Ride-hailing giant Uber Technologies Inc is “doubling down” on its investments in India, one of its biggest markets, after its recent exit from Southeast Asia, its chief operating officer said on Wednesday.
18 April 2018, 18:00 PM

Bank of England expects big Libor switch to start in earnest

Financial markets should start accelerating efforts to ditch Libor in favor of the Bank of England's revamped interest rate benchmark being launched next week, a senior BoE official said.
18 April 2018, 18:00 PM