BUSINESS
Carlos Ghosn Received $9m In Improper Payments, Say Nissan And Mitsubishi
Monitoring Desk: Nissan and Mitsubishi have said their former chairman Carlos Ghosn received "improper payments" totalling €7.8m ($8.9m; £6.9m) from...
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UK’s Carmaker Giant Jaguar Land Rover Confirms 4,500 Job Cuts
Monitoring Desk: Jaguar Land Rover (JLR) has confirmed it is slashing 4,500 jobs, with the substantial majority coming from its...
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Global Economy At Increasing Risks, Warns World Bank
Monitoring Desk: The World Bank is warning of increasing risks, or what it calls "darkening skies", for the world economy...
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World Bank President Jim Yong Kim Announces ‘Surprised’ Early Resignation
Monitoring Report: World Bank President Jim Yong Kim has made the surprise announcement that he is stepping down after six...
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Trade Dispute Resolution: US-China officials Initiate Another Round of Talks In Beijing
Monitoring Desk: In yet another attempt to resolving their damaging trade dispute, US and Chinese officials have been holding a...
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Three Former-Credit Suisse Bankers Detained Over ‘$2 Billion Fraud Scheme’
Monitoring Desk: Three former Credit Suisse bankers have been arrested over their alleged role in a $2bn (£1.5bn) fraud scheme...
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Information Tech Giant Apple Shares Down Over 9 Percent In US Trading
Monitoring Desk (BBC NEWS): US Giant Apple's shares opened Thursday down more than 9 percent at $143 after chief executive...
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US-China Trade War Becomes Nightmare For Global Manufacturing In Dec 2018
Monitoring Desk (Reuters): The manufacturing activities weakened across much of Europe and Asia in December 2018 as the US-triggered trade...
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US Ambassador To UK Warns Trade Deal Not Possible If Brexit Approved
Monitoring Desk (BBC NEWS): US ambassador to the UK Woody Johnson has warned that US President Donald Trump's offer of...
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Amid Ongoing Trade War China and US Trade Negotiators Plan ‘To Meet In January’
Beijing (AFP): The Chinese government said Thursday that trade negotiators from both China and the United States are planning to...
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Manufacturing Sector Leads Vietnam To Achieving Decade-High Growth of 7.1% In 2018
Hanoi (AFP)-- Supported mainly by its booming manufacturing sector, Vietnam’s growth soared to more than seven percent this year, the...
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Oil Swells To $51 A Barrel After Steep Slide
LONDON (Reuters): Oil surged to $51 a barrel on Wednesday on perceptions that a price slide to 2017 lows prompted...
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Oversupply: Oil Prices Slip 11 Percent, Cause Losses
Monitoring Desk (Reuters): Oil prices have plunged to their lowest level of 11 percent and headed for losses in a...
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Euro Plunges as Yellow Vest Protests Hit French Economy ‘Hard’
Monitoring Desk: Frustrating French and German economic surveys have led to stock markets tumbling and euro plunging against the dollar....
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As Huawei Row Intensifies, China Detains Another Canadian National
Monitoring Desk: In what appeared to be deepening diplomatic tensions following the arrest of Huawei executive Meng Wanzhou, Chinese officials...
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Fraud Charges: London Court Rules Indian Tycoon Vijay’s Extradition To India
London (BBC NEWS): Indian business tycoon Vijay Mallya should be extradited from the UK to India where he faces fraud...
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Huawei CFO Arrest: China Urges Canada To free Meng Or Face Consequences
Monitoring Report: Chinese government has asked Canada to release Huawei's chief financial officer Meng Wanzhou or face consequences. The arrest...
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OPEC-Russia Set Aside Trump Pressure, Agree To Cut Oil Output
VIENNA (Reuters): OPEC and its Russia-led allies agreed on Friday to slash oil production by more than the market had...
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Energy Shares Lead US Stocks Higher; European Markets Recover Slightly
New York, London: US stocks edged higher on Friday, led by gains in energy related companies. Treasuries fluctuated after weaker-than-expected...
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Global Stock Markets Tumble Following Arrest of Huawei’s Executive
Monitoring Report/News Agencies: US stocks nosed dive on Thursday joining a global rout after the arrest of a key Chinese...
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