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Chinese president Xi talks trade with Peru

  Bloomberg China’s President Xi Jinping made a state visit on Monday to Peru, one of its partners in its drive to boost world trade in the face of protectionist stirrings. A day after taking part in the APEC Asia-Pacific trade summit, Xi made a formal visit to the host nation, a major mineral and food exporter. He was expected ...

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South Africa eyes rating cut, seeks to calm labour market

  Bloomberg South Africa’s proposals to stabilize the labor market by introducing a national minimum wage and curtailing strike action have received mixed reviews, just days before ratings companies are scheduled to decide whether to downgrade the nation’s credit rating. The country’s biggest labor union has dismissed the recommended minimum wage of 3,500 rand ($246) a month announced by Deputy ...

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Iran shipped ‘surplus’ heavy water to Oman: Report

  DUBAI / Reuters Iran has sent some ‘surplus’ heavy water to Oman, an Iranian nuclear spokesman was quoted as saying, after a UN atomic watchdog said Tehran was over a soft limit set under its nuclear deal with major powers. “In view of the progress of talks with several foreign firms and countries to purchase heavy water, some quantities ...

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