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India, Singapore buyers cash in on slight price correction
Physical gold demand in Japan slackened this week as prices rallied, while a market correction towards the latter half of the week lured some buyers back in India and Singapore.
Posted on : 2019-02-22 17:59:14
UK's Serious Fraud Office drops investigations of Rolls Royce individuals, GSK
Britain's Serious Fraud Office (SFO) has dropped its investigations into aero engine maker Rolls-Royce individuals and drugs giant GlaxoSmithKline, citing insufficient evidence.
Posted on : 2019-02-22 17:19:04
VietJet to sign major Boeing deal during Trump-Kim summit - sources
Fast-growing Vietnamese budget airline VietJet Aviation JSC is expected to sign a major jet deal with Boeing Co on the sidelines of next week's Trump-Kim summit, according to sources familiar with the matter.
Posted on : 2019-02-22 17:18:53
Brent hits new 2019 high on U.S.-China trade talk hopes
Oil prices rose on Friday, supported by OPEC's ongoing supply cuts and hopes that Washington and Beijing may soon end their trade dispute.
Posted on : 2019-02-22 17:17:18
FATF says EU dirty money list risks undermining its work
A European Union blacklist of nations it considers as anti-money laundering and terrorism-financing threats risks undermining the work of the Financial Action Task Force, the body's head said on Friday.
Posted on : 2019-02-22 16:55:06
Daimler, BMW to invest 1 billion euros in venture to rival Uber
German carmakers Daimler and BMW unveiled a joint ride-hailing, parking and electric car charging business on Friday to compete with mobility services provided by Uber and other tech firms.
Posted on : 2019-02-22 16:51:57
Gold prices rise on subdued dollar; Fed stance limits gains
Gold inched up on Friday as optimism over U.S.-China trade talks pressured the dollar, but signs that the U.S. Federal Reserve could raise interest rates again this year kept prices below a 10-month high hit earlier this week.
Posted on : 2019-02-22 16:51:19
Sri Lanka central bank cuts banks' liquidity ratio to spur loan growth
Sri Lanka's central bank unexpectedly slashed banks' statutory reserve ratio on Friday to spur credit growth as policymakers struggle to boost the island's faltering economy after a political crisis.
Posted on : 2019-02-22 16:35:11
Airbus sees market for widebody jets at Indian budget carriers
Airbus SE is pushing for fast-growing Indian budget carriers to make the leap into low-cost, long-haul widebody operations to compliment their existing narrowbodies, an executive from the planemaker said.
Posted on : 2019-02-22 16:17:16
Sensex, Nifty end largely flat in tepid trade
Indian shares ended largely flat on Friday triggered by a worsening global growth outlook, and as losses in financial stocks such as Kotak Mahindra Bank Ltd offset gains in Maruti Suzuki India Ltd.
Posted on : 2019-02-22 16:11:07
Daimler, BMW to invest more than 1 billion euros in mobility services
German carmakers Daimler and BMW deepened their cooperation on Friday by unveiling a combined ride-hailing, parking and electric car charging business to counter emerging rivals like Uber from the United States.
Posted on : 2019-02-22 15:46:43
Buyout firms abandon debt-laden ways for pricey deals
Some private equity firms that are keen to put their swelling cash piles to work are paying for expensive acquisitions of fast-growing companies mostly out of their own pockets and trimming back their reliance on debt.
Posted on : 2019-02-22 15:35:32
Little leeway to ease consumer pain as European power prices soar
Households across Europe should brace for higher energy bills this year as governments have had little success in limiting rises in the face of soaring wholesale and environmental costs.
Posted on : 2019-02-22 15:30:12
Global shares nudge higher, Aussie dollar rebounds after slide
Global shares rose on Friday as signs of progress on trade offset a worsening economic outlook, while the Aussie dollar recouped some losses after China denied it had halted Australian coal imports.
Posted on : 2019-02-22 15:18:28
German business morale sinks for 6th time in row in February
German business morale fell for the sixth time in succession in February, a survey showed on Friday, reflecting concern among company executives about a continuing slowdown in Europe's largest economy.
Posted on : 2019-02-22 15:09:34
Saudi Aramco agrees tie-up for $10 billion project in China
State-owned Saudi Aramco has signed an agreement to form a joint venture with Chinese conglomerate Norinco to develop a refining and petrochemical complex in Panjin city, saying the project is worth more than $10 billion.
Posted on : 2019-02-22 14:49:29
China says Australian coal imports remain normal, Canberra seeks to calm investors
China's foreign ministry said on Friday that Australian coal imports to the country continue as normal, although it added customs authorities had stepped up environment and safety checks on foreign cargoes.
Posted on : 2019-02-22 14:31:08
Oil prices firm on trade hopes, but record U.S. output drags
Oil prices were firm on Friday, supported by OPEC's ongoing supply cuts and hopes that Washington and Beijing may soon end their trade dispute.
Posted on : 2019-02-22 14:20:27
Pakistan may turn to Islamic banks for second $1.4 billion loan - official
Pakistan will likely turn to Islamic banks to borrow another 200 billion rupees ($1.45 billion) to try to ease a financial crunch in its power sector, a senior finance ministry official said on Friday.
Posted on : 2019-02-22 14:08:22
Higher state spending helps German economy avoid recession in fourth quarter
Higher state spending helped Germany avoid a recession in the fourth quarter, data showed on Friday, as exports failed to provide impetus for a slowing economy.
Posted on : 2019-02-22 13:59:56
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