News / BusinessSeptember 1, 2017

Asia tracks Wall St. higher, dollar advance slows before jobs data

    Asian equities followed Wall Street’s gains overnight and edged higher on Friday while the dollar’s advance slowed ahead of the U.S. jobs report due later in the session. Spreadbetters expected [...]
BusinessSeptember 1, 2017

U.S. labor board files complaint against Tesla over worker rights

  The U.S. agency in charge of enforcing labor law on Thursday filed a complaint against electric carmaker Tesla Inc (TSLA.O), saying it found merit to workers’ complaints about unfair labor practices. [...]
BusinessSeptember 1, 2017

Crude falls as flooding from Harvey roils U.S. oil industry

  Crude futures fell on Friday, partly reversing sharp gains from the previous session, amid ongoing turmoil in the oil industry following Hurricane Harvey with nearly a quarter of U.S. refining capacity offline. [...]
BusinessSeptember 1, 2017

India's growth rate slows as new sales tax confuses firms

  India's economy grew at its slowest pace for three years in the April-to-June quarter, official figures show. The economy grew by 5.7% compared with a year earlier, down from a rate of 6.1% in the previous [...]
TechnologiesAugust 8, 2017

TEDGlobal: Africa needs more engineers and makers

Africa needs more engineers and makers, the head of Gearbox - Nairobi's leading maker-space - has told the TEDGlobal conference in Tanzania. Kamau Gachigi said that by 2050 Africa's population is projected to have [...]
BusinessAugust 8, 2017

Bank unions call for all-India strike on August 22

  Bank employee unions have called for a nation-wide strike on August 22 to protest against privatisation and merger of public sector banks, among other demands, a union leader said on Monday.   [...]
BusinessAugust 8, 2017

Exclusive: Baker Hughes clinches major integrated services contract

  The Dow edged up to its ninth record closing high in a row while the S&P ended slightly higher on Monday, with consumer and technology sector gains offsetting losses in energy.   [...]
BusinessAugust 8, 2017

German state conservatives seek tougher VW oversight

  Conservatives in Germany's Lower Saxony state called on Tuesday for tougher oversight of carmaker Volkswagen, in which the state owns a fifth of the shares. The Christian Democrats, hoping to gain control of [...]
News / BusinessAugust 8, 2017

Deutsche Bank tumbles down private bank rankings

  Deutsche Bank dropped out of the world's top 15 private banks in 2016, a year marked by negative headlines for Germany's biggest lender, rankings by wealth management researcher Scorpio Partnership showed on [...]
News / BusinessAugust 8, 2017

Oil slides as output rises at Libya's largest oil field

  Oil prices fell as much as 2 percent on Monday on selling triggered by a rebound in production from Libya's largest oil field, along with worries about higher output from OPEC and the United States.   [...]