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BUSINESS

US trio, including ex-Fed chief Bernanke, win economics Nobel

AFP, Published on 10/10/2022

» STOCKHOLM: A US trio on Monday won the Nobel Economics Prize for research on banking's role in the economy, especially on the importance of avoiding collapses during financial crises.

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BUSINESS

Macau's casino giants rally after gaming bill revealed

AFP, Published on 17/01/2022

» HONG KONG: Shares in Macau's casino giants surged Monday morning after the world's biggest gambling hub announced changes to its regulations, reducing the uncertainty that has plagued the lucrative sector's six operators.

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BUSINESS

VW pay-out to Brazil regime victims reopens debate on justice

AFP, Published on 25/09/2020

» RIO DE JANEIRO: Thirty-five years after the end of Brazil's military dictatorship, there has been little justice for the killing and torture committed by the regime -- but an unprecedented deal for carmaker Volkswagen to pay damages for collaborating with the secret police could turn a new page.

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BUSINESS

Wirecard to continue operating despite filing for insolvency

AFP, Published on 28/06/2020

» FRANKFURT AM MAIN: German payments provider Wirecard said Saturday that it would continue to operate despite filing for insolvency following a vast accounting fraud scandal.

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BUSINESS

Paris court hands ex-One-Two-Go airline CEO 4-year term over 2007 crash

AFP, Published on 04/09/2019

» A French court on Tuesday sentenced Udom Tantiprasongchai, the former head of the One-Two-Go budget airline, to four years in jail over a 2007 crash that killed 90 people, nearly two-thirds of them foreigners.

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BUSINESS

Trump reports progress, but not enough, in tariff talks with Mexico

AFP, Published on 06/06/2019

» WASHINGTON: President Donald Trump said some progress -- but not enough -- was made Wednesday in talks with Mexico on averting the tariffs he threatens to impose unless the southern neighbor stems the flow of undocumented migrants into the US.

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BUSINESS

Mexican president says confident that US will negotiate on tariffs

AFP, Published on 02/06/2019

» MEXICO CITY: Mexico's president said Saturday he thinks US officials are prepared to negotiate on President Donald Trump's threat to use tariffs as a tool to fight illegal migration across the border.

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BUSINESS

US to hit Mexico with tariffs over 'illegal migrants'

AFP, Published on 31/05/2019

» WASHINGTON: Washington will impose a five percent tariff on all goods from Mexico starting June 10, a measure that will last until "illegal migrants" stop coming through the country into the US, President Donald Trump said Thursday.

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BUSINESS

China warns US against trade 'harm' over Huawei ban

AFP, Published on 16/05/2019

» BEIJING: China warned the United States on Thursday against further harming trade ties after President Donald Trump effectively barred Chinese telecom giant Huawei from the US market, escalating tensions between the world's top economic powerhouses.

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BUSINESS

Huawei exec vows to fight extradition to US in Canada court

AFP, Published on 09/05/2019

» VANCOUVER: A top Chinese telecom executive whose arrest in Canada on a US warrant triggered a bitter diplomatic row vowed Wednesday to vigorously fight extradition to the US.