Author Archives: Editor - Business News

IMF sees Trump spending aiding U.S. growth, some emerging markets weaker

U.S. President-elect Donald Trump leaves a press conference in Trump Tower, Manhattan, New York, U.S., January 11, 2017. REUTERS/Shannon Stapleton

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Ford South Africa recalls Kuga SUV models after cars burst into flames

Visitors walk along a Ford Kuga car during the media day at the Frankfurt Motor Show (IAA) in Frankfurt, Germany September 16, 2015. REUTERS/Ralph Orlowski

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Saudi pledges adherence to oil cut, confident others will

Saudi Arabia’s Energy Minister Khalid al-Falih addresses a news conference after a meeting of the Organization of the Petroleum Exporting Countries (OPEC) in Vienna, Austria, December 10, 2016. REUTERS/Heinz-Peter Bader

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Hard Brexit fears crunch sterling ahead of PM May speech

A British ten pound note is seen in front of a stock graph in this November 7, 2016 picture illustration. REUTERS/Dado Ruvic/Illustration/File Photo

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Saudi to launch $30-50 billion renewable energy program soon: minister

Saudi energy minister Khalid al-Falih gestures during the 2017 budget news conference in Riyadh, Saudi Arabia December 22, 2016. REUTERS/Faisal Al Nasser

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Exclusive: China to target around 6.5 percent growth in 2017 – sources

By Kevin Yao | BEIJING China will lower its 2017 economic growth target to around 6.5 percent from last year’s 6.5-7 percent, policy sources said, reinforcing a policy shift from supporting growth to pushing reforms to contain debt and housing … Continue reading

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Trade tensions, dollar danger cloud economic optimism in Davos

By Noah Barkin | DAVOS, Switzerland A trade war between the United States and China and a strengthening dollar are among the biggest threats to a brightening global economic outlook, according to leading economists at the World Economic Forum in … Continue reading

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Profit growth pickup could justify Wall Street rally

A street sign for Wall Street is seen outside the New York Stock Exchange (NYSE) in Manhattan, New York City, U.S. December 28, 2016. REUTERS/Andrew Kelly

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South Korea prosecutor seeks arrest of Samsung chief for bribery

Samsung Electronics vice chairman Jay Y. Lee arrives to attend a hearing at the National Assembly in Seoul, South Korea, December 6, 2016. REUTERS/Kim Hong-Ji

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JPMorgan upgrades Indonesian stocks to 'neutral' after row

The logo of Dow Jones Industrial Average stock market index listed company JPMorgan Chase (JPM) is seen in Los Angeles, California, United States, in this October 12, 2010 file photo. JPMorgan Chase & Co. owns Chase Commerical Bank and JPMorgan … Continue reading

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