Business & Finance News
Saudi Arabia’s state-owned oil giant Aramco is teaming up with South Korean refiner S-Oil Corp for a joint reception at this year’s Asia Pacific Petroleum Conference (APPEC) in Singapore, according to two industry sources.
Australian office landlord Investa Office Fund said on Wednesday it is adjourning a planned shareholder meeting that was set to vote on a takeover by Blackstone Group while it mulls the attractiveness of a higher rival bid.
Strong action to combat climate change could cumulatively add at least $26 trillion to the world economy by 2030, according to a study on Wednesday which seeks to dispel fears that a shift from fossil fuels will undermine growth.
Embattled blood-testing company Theranos Inc will soon formally dissolve, the Wall Street Journal reported https://www.wsj.com/articles/blood-testing-firm-theranos-to-dissolve-1536115130 on Tuesday, citing a shareholder email.
Stock markets in Asia tracked their global peers lower while the safe-haven dollar hovered near a two-week high on Wednesday as heightened worries over international trade conflicts curbed investor appetite for riskier assets.
Argentina’s government said on Tuesday it hoped the International Monetary Fund would agree in the second half of September to a deal giving the country more financial support as it seeks to escape a deepening economic crisis.
Economists expect Argentina’s gross domestic product to shrink 1.9 percent this year compared to a 0.3 percent previously estimated contraction, according to the median forecasts of a central bank poll published on Tuesday.
International Monetary Fund Managing Director Christine Lagarde said on Tuesday that she and Argentina’s Finance Minister made progress toward strengthening the IMF-backed program for Argentina in the face of market volatility.
Asian stocks tracked their global peers lower while the safe-haven dollar was broadly higher on Wednesday as worries over persistent trade conflicts curbed investor appetite for riskier assets.
The NFL released a statement on Colin Kaepernick on Tuesday, a day after corporate partner Nike unveiled an ad featuring the quarterback as part of a major ad campaign.
The founder and chief executive of Chinese retailer JD.com Inc, Richard Liu, was arrested in Minneapolis last week following an allegation of rape, according to a public information report released by police on Tuesday.
Thirty more people have reported sick after eating Kellogg Co’s Honey Smacks cereal contaminated with Salmonella, the Centers for Disease Control and Prevention (CDC) said, bringing the total to 130 cases in 36 states.
Amazon.com Inc on Tuesday briefly joined Apple Inc to become the second $1 trillion publicly listed U.S. company after its stock price more than doubled in a year as it grew rapidly in retail and cloud computing.
AirBaltic, the largest European customer for Airbus SE’s A220, expects to have 14 of the 130-seat jets by year’s end, as production issues and engine woes that once delayed deliveries have eased, the airline’s chief executive said on Tuesday.
Canadian Prime Minister Justin Trudeau indicated on Tuesday that Canada would not compromise on key demands at high-level talks this week with the United States to update the North American Free Trade Agreement.
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