Fed’s solo act faces tremors in Turkey and a slower EuropeThe US Federal Reserve, deep into a cycle of rate hikes it hopes to continue into 2020, now faces emerging risks from abroad that could short-circuit its plans. The threats are modest but growing, fro...
India’s small renewables firms fighting consolidation waveMUMBAI: Small to mid-sized renewable energy companies in India are starting to look like attractive takeover targets as lenders and investors withhold funds, worried by the stiff competition, weak bon...
BHP profit and dividend jump, but warns on costs, savingsMELBOURNE: Global miner BHP posted a 33 percent jump in annual underlying profit and a record final dividend on Tuesday, but flagged a delay in future savings as well as cost pressures at some of its...
US tariffs cast a cloud over Huawei’s solar electronics launchHuawei Technology Co's coming US launch of a solar-panel control device is expected to collide with new Trump administration tariffs on Chinese electronics, undermining a product that analysts had see...
Korea Exchange says it is checking Merrill Lynch trades because of public concernsThe Korea Exchange said on Tuesday it was monitoring Merrill Lynch's Seoul operations after media reports and petitions regarding the investment bank's trades. A KRX official said his team was closely...
Iran oil minister: French oil giant Total pulls out of IranIran's oil minister said on Monday that France's oil giant Total SA has officially pulled out of Iran after cancelling its $5 billion, 20-year agreement to develop the country's massive South Pars off...
Google sued for unwanted tracking of phone locationsA lawsuit filed in federal court here accuses Google of invading people's privacy by tracking the whereabouts of smartphones users despite "location history" settings being turned off. The suit filed...