Economy & Finance

ACWA considers supporting solar panel manufacturing in Saudi

ACWA considers supporting solar panel manufacturing in Saudi

Published 14/01/2019

ABU DHABI (Reuters) - ACWA Power is considering supporting the manufacturing of solar panels in Saudi Arabia, its chief executive said, as the power and [more…]

China trade shock hits global stocks, commodities

China trade shock hits global stocks, commodities

Published 14/01/2019

LONDON (Reuters) - Global stock markets and commodities took a hit on Monday after a shock contraction in Chinese trade pointed to deepening cracks in [more…]

Oil falls to $60 on concerns about China slowdown

Oil falls to $60 on concerns about China slowdown

Published 14/01/2019

LONDON (Reuters) - Oil slipped to around $60 a barrel on Monday after data showed weakening imports and exports in China, the world’s second-largest oil [more…]

Indonesia cracks down on e-commerce to raise tax collection

Indonesia cracks down on e-commerce to raise tax collection

Published 14/01/2019

JAKARTA (Reuters) - Indonesia is bringing in new rules requiring e-commerce sellers to share data with authorities, while also stressing that they must pay taxes, [more…]

Newmont to become largest gold producer with $10 billion Goldcorp buy

Newmont to become largest gold producer with $10 billion Goldcorp buy

Published 14/01/2019

(Reuters) - Newmont Mining Corp said on Monday it would buy smaller rival Goldcorp Inc in a deal worth $10 billion, creating the world’s biggest [more…]

China’s trade data drags stock futures ahead of Citi results

China’s trade data drags stock futures ahead of Citi results

Published 14/01/2019

(Reuters) - U.S. stock futures dropped on Monday, after data showed China’s exports unexpectedly shrank the most in two years, raising fears of a sharper [more…]

Russia has not promised Belarus help over oil tax overhaul: PM

Russia has not promised Belarus help over oil tax overhaul: PM

Published 14/01/2019

MOSCOW (Reuters) - Russian Prime Minister Dmitry Medvedev said on Monday that Moscow has never promised Belarus any help over losses incurred due to an [more…]

France will not put off planned asset sales: finance minister

France will not put off planned asset sales: finance minister

Published 14/01/2019

PARIS (Reuters) - The French government will not put off planned asset sales aimed at financing an innovation fund, French Finance Minister Bruno Le Maire [more…]

Your Money: How Dry January is changing finances

Your Money: How Dry January is changing finances

Published 14/01/2019

NEW YORK (Reuters) - (The writer is a Reuters contributor. The opinions expressed are his own.) Next time you go out for a drink with [more…]

Samsung to launch India-first smartphones to counter Chinese rivals

Samsung to launch India-first smartphones to counter Chinese rivals

Published 13/01/2019

MUMBAI (Reuters) - Samsung (005930.KS) plans to launch a budget smartphone series in India ahead of a global release, aiming to regain ground ceded to [more…]