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G20 must tackle root causes of trade tensions that threaten growth: EU

BUCHAREST: The European Union will tell a meeting of finance leaders from the world's 20 biggest economies next week that they must all tackle the root causes of global trade tensions because they are putting global growth at risk, an EU document showed. Finance ministers and central bank ......

Markets

Take Five: Panic over? World markets themes for the week ahead

LONDON: Following are the five big themes likely to dominate thinking of investors and traders in the coming week and the Reuters stories related to them. 1. THE 'I' WORD As the US yield curve makes up its mind whether to invert or not, investors seeking reassurance that we are...

Markets

SAP’s head of cloud business latest top departure in restructuring

Software company SAP said the head of its cloud business group had decided to leave the company, the latest in a string of top departures as Europe's most valuable technology firm reshapes its operations.

Markets

China to close industrial park where deadly blast killed 78

The Chinese chemical industry park where an explosion last month killed 78 people and left hundreds injured will be closed, authorities have said.

Markets

Halal clothes and cosmetics? Non F&B firms take centre stage at Malaysia trade expo

While visitors were intrigued by the variety on display, there were doubts over the marketability of some products for Muslim markets.

Markets

Commentary: Want to fight inequality? How about paying higher taxes first?

Several of the super-rich, in the US and elsewhere, openly support the broad left and its objective of curbing extreme inequalities, says Professor Kaushik Basu at Cornell University.

Markets

Boeing cuts 737 MAX output in wake of two deadly crashes

Boeing plans to cut its monthly 737 aircraft production by nearly 20 per cent in the wake of two deadly crashes, signaling it does not expect aviation authorities to allow the plane back in the air anytime soon.

Markets

Petrobras agrees to sell pipeline unit to Engie for US$8.6 billion

A consortium led by France's Engie SA submitted the highest offer for a major gas pipeline unit owned by Brazil's Petroleo Brasileiro SA, the state-run oil firm said on Friday, as the company's biggest divestment draws to a close.

Markets

EU, China struggle to agree on summit statement

China's refusal to give the EU solid commitments over access to its markets is preventing the two sides from agreeing a joint statement for a high-profile summit next week, European sources said Friday.

Markets

OCBC chief Samuel Tsien gets 10.4% pay rise to S$10.7m for 2018

OCBC Bank's chief executive Samuel Tsien received a 10.4 per cent pay hike in 2018 from a year ago, the bank disclosed in its annual report on Friday.

Markets

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