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Indonesia's top diesel buyer says biofuel rule unworkable
Reuters, Published on 11/07/2016
» JAKARTA -- Indonesian state power firm PLN says it cannot comply with government rules that it use diesel fuel with a bio content of at least 30% because it would damage generators, potentially curbing demand for biofuel ingredient palm oil in the world's top producer of the commodity.
Sterling skids to new 31-year low on Brexit worries
Reuters, Published on 05/07/2016
» LONDON - Sterling hit a fresh 31-year low against the dollar on Tuesday, as investors worried about the economic and financial fallout of Britain's vote to leave the European Union.
Vietnam court sentences Australian woman to death
Reuters, Published on 30/06/2016
» HANOI - A court in southern Vietnam has sentenced a 73-year-old Vietnam-born Australian woman to death for trafficking heroin hidden in bars of soap, several state-run media outlets reported on Thursday.
US jobless claims fall to near 43-year low
Reuters, Published on 23/06/2016
» WASHINGTON - The number of Americans filing for unemployment benefits fell last week to near a 43-year low, suggesting labour market resilience even though hiring slowed sharply in May.
Sterling hits 7-week high on 'Remain' bet
Reuters, Published on 21/06/2016
» LONDON - Sterling hit a seven-week high against the dollar on Tuesday, getting a lift from recent opinion polls that have edged back in favour of the campaign for Britain to stay in the European Union and which has diminished appetite for safe-haven currencies.
US shale producers eye new chapter
Business, Reuters, Published on 21/06/2016
» HOUSTON: Two years into the worst oil price rout in a generation, large and mid-sized US independent producers are surviving and eyeing growth again as oil nears $50 a barrel, confounding Opec and Saudi Arabia with their resiliency.
Uber's upstart rival in Pakistan uses rickshaws, low-tech phones
Reuters, Published on 20/06/2016
» LAHORE -- As taxi hailing giant Uber enters Pakistan, a little-known local competitor is counting on a mix of new ideas and old technology to tap what could be a big chunk of the market: low-income residents who travel in motorised rickshaws, not cabs.
Airbus faces a challenge to meet A350 delivery targets
Business, Reuters, Published on 17/06/2016
» PARIS: Airbus faces a challenge to meet delivery targets for the A350 jet this year due to problems with suppliers, the head of the European planemaker said in remarks published on Wednesday.
Cambodia PM shrugs off EU aid threat
Reuters, Published on 13/06/2016
» PHNOM PENH - Cambodian Prime Minister Hun Sen on Monday shrugged off European parliament threats to review aid if his administration continues to harass political opponents on the same day as a court jailed three more opposition activists.
Efforts to oust President Maduro return old foe to front line
News, Reuters, Published on 03/06/2016
» Sweating, hoarse and jostled at every turn, opposition leader Henrique Capriles is back pounding Venezuela's streets, exhorting crowds and fuming about corruption and shortages.