Business

Brazil looks at privatising or closing 100 state firms

Wednesday, January, 9 2019    

BRASILIA, Brazil (AFP) — Brazil's new Government, led by far-right President Jair Bolsonaro, intends to “privatise or close” around 100 State enterprises to cut public debt, the Government said Tuesday. Read More

Mexican president declares few assets, shows bare wallet

Wednesday, January, 9 2019    

MEXICO CITY, Mexico (AFP) — Mexico's austerity crusader, President Andres Manuel Lopez Obrador said Friday his official declaration contained virtually no assets, showing his nearly empty wallet to reporters as evidence. Read More

US gadget love forecast to grow despite trust issues

Wednesday, January, 9 2019    

LAS VEGAS, United States (AFP) — The US tech industry is weathering a crisis of confidence over data protection and a difficult geopolitical situation, with record sales expected in 2019, organisers of the Consumer Electronics Show said Sunday. Read More

Breadmaking robot start-up eyes fresh connections

Wednesday, January, 9 2019    

LAS VEGAS, United States (AFP) — The robot breadmaker came to Las Vegas this week, aiming to bring some freshness to a sector that may be ready for disruption. Read More

Privacy becomes a selling point at tech show

Wednesday, January, 9 2019    

LAS VEGAS, United States (AFP) — Apple is not among the exhibitors at the 2019 Consumer Electronics Show, but that didn't prevent the iPhone maker from sending a message to attendees on a large billboard. Read More

Global natural disasters wreak US$160bn damage in 2018 — Munich Re

Wednesday, January, 9 2019    

FRANKFURT, Germany (AFP) — Natural disasters including wildfires, hurricanes and tsunamis inflicted US$160 billion of damage and claimed 10,400 lives in 2018, German reinsurer Munich Re said yesterday. Read More

Finance heavyweights plan new US stock exchange

Wednesday, January, 9 2019    

New York , United States (AFP) — Several financial heavyweights including Morgan Stanley and Fidelity Investments announced Monday that plans are underway for a new public exchange for stocks, marking a challenge to the NYSE and Nasdaq. Read More

US stocks rise on optimism over trade talks

Wednesday, January, 9 2019    

NEW YORK, United States (AFP) — Wall Street stocks rose for the third straight session on Tuesday, boosted by optimism over US-China trade talks.The Dow Jones Industrial Average gained 1.1 per cent to 23,787.45. Read More

World Bank warns brewing trade storm jeopardises global economy

Wednesday, January, 9 2019    

WASHINGTON, United States (AFP) — Trade conflict between the world's two largest economic powers already is inflicting collateral damage and threatens to do yet more harm to the global economy, the World Bank warned yesterday. Read More

Venezuela launches WTO legal challenge against US sanctions

Wednesday, January, 9 2019    

GENEVA, Switzerland (AFP) Venezuela launched a legal challenge at the World Trade Organization Tuesday against a raft of US sanctions, even as Washington announced new measures targeting the crisis-hit country. Read More

Britain's battle over Brexit resumes ahead of big vote

Wednesday, January, 9 2019    

LONDON, United Kingdom (AFP) — British Prime Minister Theresa May said Monday she was seeking further EU Brexit assurances in a bid to persuade MPs to back her unpopular deal in a crucial vote next week, while the bloc repeated it would not renegotiate. Read More

Restrictions and reforms: Saudi Arabia's treatment of women

Wednesday, January, 9 2019    

DUBAI, United Arab Emirates (AFP) — A desperate legal fight by 18-year-old Saudi Rahaf Mohammed al-Qunun to stop her deportation from Bangkok airport has yet again shone a spotlight on the treatment of women in her homeland. Read More

Denmark plans man-made islands to draw business

Wednesday, January, 9 2019    

COPENHAGEN, Denmark (AFP) — Denmark plans to build nine artificial islands in southern Copenhagen in a bid to attract businesses, the government announced on Monday, amid a housing and office space shortage. Read More

Ambassador urges Ja to merge Chinese initiative, vision 2030

Tuesday, January, 8 2019    

NEWLY installed Ambassador of the People's Republic of China to Jamaica, Tian Qi, is encouraging Jamaica to sign on to the Asian Belt and Road Initiative (BRI). Read More

World Bank President Jim Yong Kim announces resignation

Tuesday, January, 8 2019    

WASHINGTON, United States (AFP) — World Bank President Jim Yong Kim announced yesterday he would step down next month, more than three years before his current term was due to expire. Read More



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