Markets

LUXEMBOURG: A senior adviser to the EU's top court said Thursday (Jun 13) it was his legal advice that products from Israeli-occupied territories must be clearly labelled as such to avoid misleading consumers. The European Court of Justice is not obliged to follow Advocate General Gerard Hogan's ...

Franco-Italian turboprop maker ATR is tackling a slump in deliveries resulting from a combination of industrial delays, unsold aircraft and pilot shortages, industry sources said.

WikiLeaks' founder Julian Assange is due before a London court on Friday, facing the next stage of a U.S. attempt to try him on spying charges after Britain's interior minister said he had validated the American extradition request.

RIO DE JANEIRO: Brazil's Petrobras found suspicious activity in its oil trading business: and failed to stop it: six years before an alleged bribery scandal erupted in that unit in 2018, according to three people with knowledge of the situation and documents seen by Reuters. A 2012 internal probe...

SYDNEY: Australia approved the construction of a controversial coal mine near the Great Barrier Reef on Thursday (Jun 13), paving the way for a dramatic increase in coal exports. Drawing a line under a decade of rancorous debate, Queensland's government said it had approved a groundwater ...

Chinese "Gen Z" shoppers in their early 20s are emerging as an increasingly powerful force in the luxury industry as brands try and tap into buoyant demand for high-end goods in the world's second-biggest economy, consultancy Bain said on Thursday.

An ambitious plan to transform the industrial towns of China's Pearl River Delta into a modern economic zone powered by new technology ventures has triggered a rush of cross-border property investments between Hong Kong and the mainland.

Anheuser-Busch InBev (AB InBev), the world's largest beer maker, said on Thursday it was opening a cybersecurity unit in Israel to help protect itself from a growing number of attacks.

LONDON: Oil prices spiked by about three per cent on Thursday (Jun 13) after a reports of an "attack" on two oil tankers in the Gulf of Oman. The US Fifth Fleet said it had received two distress calls after a "reported attack on tankers" in the Gulf, while a...

French Finance Minister Bruno Le Maire said on Thursday he would meet Renault chairman Jean-Dominique Senard later in the day and reiterated that a merger with Fiat Chrysler remained an interesting option for Renault.