Masonry Layout

Mexico warns US of cutting off Nafta talks if tariffs proposed

  Bloomberg Mexico’s top trade negotiator doubled down on threats to break off talks to rework Nafta, saying his country will walk away if the US insists on slapping duties or quotas on any products from south of the border. “The moment that they say, ‘We’re going to put a 20 percent tariff on cars,’ Iget up from the table,” ...

Read More »

FCStone bets on tech transforming physical gold market

  Bloomberg INTL FCStone Inc. is betting the $170 billion physical gold market will follow the rest of the bullion world in catching up with technology. The brokerage has started a platform that brings everyone from refiners to jewelers together to trade metal around the world, said Barry Canham, who heads the company’s precious metals division. At the moment, the ...

Read More »

Hamdan opens Gulffood 2017

  Dubai / WAM His Highness Sheikh Hamdan bin Rashid Al Maktoum, Deputy Ruler of Dubai and UAE Minister of Finance, on Sunday opened the 22nd edition of the Gulfood 2017, the food and beverage exhibition, at Dubai World Trade Centre. After the formal inauguration Sheikh Hamdan toured the 1,000,000 sq.ft. show, which is set to run for five days and ...

Read More »

Dubai South inaugurates new Business Centre to support SMEs

  Dubai / WAM Dubai South launched its new Business Centre in the Business Park to allow companies to leverage its strategic location in close proximity to the Al Maktoum International Airport and Expo 2020 Dubai. Meeting market demand and anticipating the accelerated growth of innovative start-ups and small and medium-sized enterprises, SMEs, in the country, the new business centre was ...

Read More »

DCCI forum seeks to strengthen relations between UAE, Latvia

  DUBAI / Emirates Business The Dubai Chamber of Commerce and Industry (DCCI) hosted the UAE-Latvia Business forum at its premises on Sunday, which focused on enhancing trade relations and economic cooperation between the two countries. The forum was attended by a high-level delegation led by Raimonds Vejonis, President of Latvia, and the country’s deputy prime minister and economy minister, ...

Read More »

Environmental chief assures rollback of Obama-era rules

  Bloomberg US environmental chief Scott Pruitt unveiled plans to roll back at least three Obama-era rules at the EPA while vowing to give businesses “regulatory certainty.” Those policy reversals, set to start next week, will empower the Environmental Protection Agency to focus on its core mission of protecting the air and water, Pruitt said in a speech and question-and-answer ...

Read More »

Auto lender backs away from ignition kill switch

  Bloomberg Santander Consumer USA Holdings Inc., one of the country’s biggest subprime auto lenders, has decided not to use GPS-tracking and ignition kill swi- tch technology as regulators clamp down on the devices, an executive said. Car lenders use the devices to help them find and repossess cars when borrowers default on loans, which is becoming increasingly common amid ...

Read More »

Malaysia: Poisoning of Kim caused paralysis, quick death

  KUALA LUMPUR / AP Malaysia’s health minister said on Sunday that the dose of nerve agent given to North Korean ruler Kim Jong Un’s exiled half brother was so high that it killed him within 20 minutes and caused “very serious paralysis.” Kim Jong Nam died February 13 at Kuala Lumpur’s airport in what Malaysian police say was a well-planned ...

Read More »

China to allow more IPOs to lure capital, support economy

  Bloomberg China will allow more companies to list on its stock market to boost support for its economy, the nation’s top securities regulator said, dismissing concerns that more supplies of shares can depress the market. The capital market’s recovery from a 2015 rout has been stronger than expected and is now ready for “appropriately” larger supplies of initial public ...

Read More »

From China’s factories to shopping cart, price hikes loom

  Bloomberg In China’s manufacturing heartland Guangdong, clock maker Dannol Electronics Co. is grappling with higher input costs stemming from tougher environmental regulations. Already squeezed by years of rising wage bills and intensifying domestic competition, the company recently increased asking prices by an average of 15 percent for new customers and plans to do the same with older buyers soon. ...

Read More »
Send this to a friend