Glencore puts Australian, Chile mines up for sale
ZURICH: Mining giant Glencore, under pressure from a crash in commodity prices and weighed down by debt, announced Monday it…
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EU bank could demand loans back from VW — EIB chief
FRANKFURT: The European Investment Bank (EIB) will examine whether Volkswagen used any loans from the European Union to cheat on…
VW to recall nearly 2,000 cars in China amid scandal
SHANGHAI: Germany’s Volkswagen announced a recall of nearly 2,000 vehicles in China – the world’s biggest auto market, where it…
Australia wheat board Iraq ‘kickback’ chairman in court
MELBOURNE: The former chairman of an Australian wheat firm that allegedly paid sanctions-busting bribes to secure UN oil-for-food programme contracts…
BoE holds rates unchanged
Fundamental outlook US trade deficits saw an increase due to the decline in exports. Gold jumped to a six-week high…
Mid-to-long-term CPO price outlook improving — Analysts
KUCHING: The mid-to-long-term crude palm oil (CPO) price has been viewed as improving as on-going droughts and less fertilisation activity…
Economist hails conclusion of TPP talks, but with some reservations
SINGAPORE: News that 12 Asia-Pacific nations including the US, Malaysia, Singapore, Japan and Australia have finally agreed to the the…
Takaful industry offers lucrative opportunities
KUALA LUMPUR: The takaful industry offers lucrative opportunities as the takaful penetration rate is only 14 per cent nationwide, said…