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BUSINESS

VW strikes deals with battery firms in EV push

Business, Bloomberg, Published on 14/03/2018

» BERLIN: Volkswagen AG has secured €20 billion (US$25 billion) in battery supplies to underpin an aggressive push into electric cars in the coming years, putting pressure on Tesla Inc as it struggles with production issues for the mainstream Model 3.

LIFE

Apple buys digital magazine subscription service

Business, Bloomberg, Published on 14/03/2018

» SAN FRANCISCO: Apple Inc said on Monday that it would acquire Texture, a digital magazine subscription service that lets users subscribe to more than 200 magazines for US$9.99 a month.

LIFE

Bank for International Settlements warns of crypto invasion

Business, Bloomberg, Published on 14/03/2018

» FRANKFURT: Digital currencies are a revolutionary tool that central banks should consider, but they remain far too risky to be used as legal tender any time soon, according to the Bank for International Settlements.

BUSINESS

Indonesian bitcoin investors set to outnumber stock participants

Bloomberg, Published on 14/03/2018

» The biggest Indonesian platform to buy and sell digital currency may soon have more members than the nation’s century-old stock exchange.

WORLD

Zuma graft cases revived

Bloomberg News, Published on 16/03/2018

» JOHANNESBURG: South African prosecutors say they will pursue 16 charges against former President Jacob Zuma including graft, corruption and racketeering that were shelved nine years ago amid allegations of political interference.

WORLD

'Great Helmsman' Xi wins unanimous vote

Bloomberg News, Published on 17/03/2018

» BEIJING: China’s parliament unanimously reappointed Xi Jinping as president while installing one of his most trusted allies as vice-president, highlighting how little public opposition remains to his rule.

WORLD

Russia to expel 23 UK diplomats

News Agencies, Published on 17/03/2018

» MOSCOW: Russia is preparing to expel 23 British diplomats and halt the activities of the British Council in response to London's "provocative" measures over the poisoning of a former Russian double agent and his daughter.

BUSINESS

Vote can reverse $1.7bn SET exodus: CIMB

Bloomberg, Published on 21/03/2018

» A firm date for the return of democracy would help bring foreign investors back to its stock market, CIMB Securities (Thailand) said, after the bourse suffered the largest net outflow this year in Asia excluding Japan.

THAILAND

Asia a key battleground in fight against killer air pollution: UN

Bloomberg News and Online Reporters, Published on 21/03/2018

» Asia is a critical battlefield in the global fight to rein in air pollution, registering about 5 million premature deaths each year, delegates at a United Nations conference said on Wednesday, as urged tougher enforcement of curbs.

BUSINESS

Gold rallies as trade-war risks, Bolton's ascent fire up demand

Bloomberg, Published on 23/03/2018

» Gold’s sizzling. Investors pushed prices of the haven higher as the United States and China exchanged blows on trade, and US President Donald Trump installed the hawkish John Bolton as his new national security adviser, ratcheting up geopolitical tensions and fueling gains in crude oil.