Business News

An oil tanker unloads crude oil at a crude oil terminal in Zhoushan, Zhejiang province, China July 4, 2018.

Oil edges up as China, U.S. set for trade talks

International Brent crude oil futures LCOc1 were at $70.93 per barrel at 0335 GMT, up 17 cents, or 0.26 percent, from their last close.

Aug 16, 2018

By Reuters

Turkeys Erdogan addresses rallies to mark first anniversary of failed coup

What is Turkish economic crisis?

The Turkish economic crisis has sent a ripple across the world market.

Aug 16, 2018

By Ashish Shukla

Samsung may suspend operations at China mobile phone plant

The world's biggest smartphone maker said on Monday that nothing had been decided on the fate of its Tianjin operation.

Aug 13, 2018

By Reuters

Samsung

Workers from ScanDrill Ltd clamp together pieces of pipe while drilling an oil well for Jagged Peak Energy Inc near Fort Stockton, Texas.

Oil prices dip as demand outlook dims; Iran sanctions provide some support

Front-month Brent crude oil futures were at $72.63 per barrel at 0509 GMT, down by 18 cents, or 0.25 percent from their last close.

Aug 13, 2018

By Reuters

Singapore revises second-quarter GDP growth lower, flags risks from trade

The MTI revised its first quarter growth to 2.2 percent from 1.5 percent on a quarter-on-quarter basis and its first quarter year-on-year growth to 4.5 percent from 4.3 percent.

Aug 13, 2018

By Reuters

Asian shares, euro trampled as Turkish rout spreads

In commodity markets, gold found little in the way of safety flows and was last down at $1,208.21 an ounce.

Aug 13, 2018

By Reuters

Peak Pegasus, a cargo vessel carrying soybeans from the U.S. to the port in Dalian, Liaoning province, China, is seen on an Eikon ship-tracking screen, in this illustration picture taken around 0810GMT July 6, 2018.

U.S. soybean cargo docks in Chinese port after weeks at anchor amid trade dispute

The penalties were in response to a similar move by Washington as part of a tit-for-tat trade dispute between the world's two largest economies.

Aug 12, 2018

By Reuters

France fumes at proposed post-Brexit EU sea trade links

At stake are jobs, millions of dollars' worth of port revenues and possibly EU infrastructure funding.

Aug 12, 2018

By Reuters

A police officer gestures at the photographer as security patrol outside the headquarters of China's banking regulator, to prevent planned protests by investors who lost money from collapsed peer-to-peer (P2P) online lending platforms, in Beijing, China

Insight: Beijing struggles to defuse anger over China's P2P lending crisis

No mainland Chinese media - official mainstream papers or more independent-leaning publications - reported the attempts to protest in China's capital.

Aug 12, 2018

By Reuters

India's foreign currency reserve fall to 7-month low

After hitting an all-time high of $426.08 billion in the week ended April 13, the Indian forex reserves have fallen gradually since the last four months.

Aug 12, 2018

By Ashish Shukla

Saudi Arabia's PIF has shown no interest in bankrolling Tesla buyout

PIF's reluctance will add to the pressure on Musk to produce details of his financing plan.

Aug 12, 2018

By Reuters

Elon musk

China says business ties with Iran no harm to any other country

European countries, hoping to persuade Tehran to continue to respect the nuclear deal, have promised to try to lessen the blow of sanctions and to urge their firms not to pull out.

Aug 11, 2018

By Reuters

Knowledge Management through an integrated software suite for affordable subscription

Zoho One is an online platform capable of running an entire business be it an upcoming startup or medium-size company.

Aug 11, 2018

By Staff Reporter

Chinese media keep up drumbeat of criticism of US

Another commentary argued that the Chinese economy was stable and was expected to remain so.

Aug 11, 2018

By Reuters

elon-musk-calls-british-diver-who-helped-thai-schoolboys-is-a-pedo-guy-in-twitter-outburst

Lawsuits accuse Tesla's Musk of fraud over tweets, going-private proposal

The lawsuits filed by Isaacs and William Chamberlain said Musk's and Tesla's conduct artificially inflated Tesla's stock price and violated federal securities laws.

Aug 11, 2018

By Reuters

Elon musk

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