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China recently announced that it is relocating 9,110 villagers to make way for a giant …
Read More »China’s hunt for aliens, scientists
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Liquidity may be the best predictor of recessions
As the world’s equities markets are buffeted by bouts of intense volatility, analysts have started …
Read More »Singapore Airshow announces $12bn of deals from trade days
SINGAPORE / AP Organisers of the Singapore Airshow said $12.3 billion in airplane deals were …
Read More »Kering’s sales beat estimates as Gucci returns to growth
PARIS / Bloomberg French luxury-goods maker Kering SA reported fourth-quarter revenue growth that beat analyst …
Read More »Wal-Mart beaten by Amazon despite spending billions
Bloomberg After spending billions on its web operations to take on rival Amazon.com Inc., the …
Read More »Sainsbury faces slippery slope in Home Retail bid war
Bloomberg Sainsbury’s takeover of Home Retail was already of questionable logic. Getting into a bidding …
Read More »Lotte chief’s brother mounts bid to capture Korea arm
TOKYO / Bloomberg Japan-based older brother of Lotte Group Chairman Shin Dong Bin wants to …
Read More »China removes Xiao after stock meltdown
BEIJING / Bloomberg The head of China’s securities regulator has been removed from his post …
Read More »Citibank to drop consumer banks in struggling South America
BOGOTA / AP Citibank is planning to sell the consumer banking operations it has operated …
Read More »SL interest rates rise, seeking IMF bailout
Colombo / AFP Sri Lanka’s central bank raised benchmark interest rates for the first time …
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