MOSCOW – Swiss commodities firm Glencore may be selling its stake in Russian oil group Russneft to its former owner and founder Mikhail Gutseriyev, the Kommersant daily reported on Wednesday,…
DUBAI – Abu Dhabi’s Etihad Airways on Wednesday signed a letter of intent to order seven Airbus A350 freighter aircraft, European planemaker Airbus said at the Singapore Airshow. The value…
FRANKFURT – Euro zone housing costs rose sharply last year, boosted by soaring German property prices and adding to already uncomfortably high overall inflation, a European Central Bank study showed…
By Chen Lin SINGAPORE – AirAsia Aviation Group on Wednesday unveiled plans for a low-cost air ridesharing service in Southeast Asia after signing a non-binding deal with lessor Avolon for…
DUESSELDORF, Germany – The new chairman of Adler Group said on Wednesday he has had no contact yet with KPMG, which is conducting a special audit of the company’s affairs.…
A look at the day ahead in markets from Sujata Rao. Feb 16 was when Russia was meant to invade Ukraine, according to the White House, but Moscow’s signals that…
FRANKFURT – Commerzbank on Wednesday announced that board member Sabine Schmittroth would leave the German lender at the end of the year. Commerzbank, which is undergoing a major overhaul involving…
PARIS – The next French government will need to revise current budget deficit reduction plans after a presidential election in April to ensure France does not fall further behind other…
By Gwladys Fouche OSLO – Several investors in Telenor are seeking assurances from the Norwegian telecoms company that customer data will be protected following the sale of its operations in…
By Chen Lin SINGAPORE – China’s Shein is aggressively expanding its Singapore office after making a Singapore firm its de facto holding company, according to people with knowledge of the…
By Jose Torres TAPACHULA, Mexico -A dozen undocumented migrants on Mexico’s southern border sewed their mouths shut on Tuesday in a bid to convince the country’s immigration authority to grant…
KUALA LUMPUR – Malaysia has maintained its March export tax for crude palm oil at 8% and raised its reference price, a document on the Malaysian Palm Oil Board website…
(The August 15 story corrects job title in paragraph 9) By Toby Sterling AMSTERDAM – Apple and Google face a potential class action lawsuit in the Netherlands over app store…
(Refiles to correct 14th paragraph by adding missing word research to analyst job title) By Alun John HONG KONG – As the Bank of Japan asserts its standing as a…
OSLO -Norway’s mainland economy grew last year by 4.2%, its quickest pace since 2007 as the country rebounded from a pandemic-driven slump in activity, Statistics Norway (SSB) data showed on…
By Mike Dolan LONDON – Keen to downplay anxieties about war in Europe, global investors appear to fear a monetary policy miscalculation even more. Their problem is that two are…
ISTANBUL – The capital of Turkey’s Ziraat Bank will be raised to 34.9 billion lira ($2.57 billion) according to footnotes of the bank’s annual financial report, with the amount to…
By David Lawder and Dave Graham WASHINGTON/MEXICO CITY -U.S. imports of new Mexican avocado harvests will stay suspended for “as long as necessary” to ensure the safety of U.S. inspectors…
By Gayatri Suroyo and Fransiska Nangoy JAKARTA – Top Indonesian economic officials on Wednesday backed the expanded use of local currencies in trade and investment, instead of the U.S. dollar,…
By Chen Lin and Jamie Freed SINGAPORE – The global aircraft maintenance, repair and overhaul (MRO) sector faces fresh challenges from rising labour costs and a weak recovery in the…
BEIJING -China’s factory-gate inflation eased to its slowest pace in six months and consumer price growth also softened in January amid weakening property sector demand, new coronavirus curbs and government…
By Gayatri Suroyo and Fransiska Nangoy JAKARTA – Top Indonesian economic officials on Wednesday backed the expanded use of local currencies in trade and investment, instead of the U.S. dollar,…
NEW BRUNSWICK, NJ – Anne “Nancy” Stewart, 95, of Monroe was killed in a crash that took place on Route 130 last Thursday. Now, the driver of the car that…
By Chen Lin and Jamie Freed SINGAPORE – Brazilian planemaker Embraer expects to decide late this year or early next year on whether to launch a new turboprop plane that…
HANOI – Vietnam’s apparel exports are expected to jump 7.4% this year to $43.5 billion as factories keep up production despite surging coronavirus infections, the country’s textile and garment association…