Saudi Arabia is overcompensating for some of its fellow oil producers even as OPEC members appear to be complying with agreed production cuts. 10 member states are required to reduce their collective output by 1.2 million barrels per day (bpd)… Read More ›
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Analysts say Markets Almost Ready for any European Crisis
As several key elections approach and issues surrounding sovereign debt remain, there are increased concerns over the future of the European Union. Amid market nervousness that Europe could be back in a state of crisis, Italian, French and Greek government… Read More ›
Drinking More Wine Than Ever are Working Women in Japan
Grape growers, 10,000 miles away from Japan are cheering by Japan’s swelling ranks of working women. The biggest beneficiary of Japan’s booming wine market is Chilean vintners. Women in their 40s and 50s, who have helped boost wine consumption to… Read More ›
In a China Trade War, America’s Farmers Stand to Lose the Most
American farmers could be the ones who take the biggest hit if the United States and China have a trade war. “A significant part of U.S. exports in China and greater China are agricultural products,” said Brad Setser, a senior fellow… Read More ›
In Sectors of Corporate Computing, Digital Assistants, Hardware, New Rivals Warned by Google
Netflix, Hulu, Apple and Amazon have been highlighted as being among competitors for Google in the annual report of Alphabet, Google’s parent company. The company’s broad expansion beyond its original Google search business was highlighted as Alphabet Inc. warned investors about… Read More ›
Tackling Social Taboos in China is a Skin Care Ad
A young Chinese woman weeps as her parents discuss her single status, shown in the four-minute advertorial. “She’s just average-looking, not too pretty,” her mother says. “That’s why she’s a leftover.” Referring to those in their late 20s who are… Read More ›
China Mainland Police Seize Chinese Billionaire from Hong Kong
The Chinese public security agents reportedly abducted a Chinese billionaire with connections to top Beijing leaders from the Four Seasons Hotel in Hong Kong and taken to the mainland, the media reported quoting two people familiar with the investigation. As Chinese President… Read More ›
As Disposals Accelerate, Shell Sells $4.7 Billion of Fields
Royal Dutch Shell Plc accelerated its drive to shed assets on Tuesday by agreeing to the sale of fields in the North Sea and Thailand for as much as $4.7 billion as it looks to pare debt swollen by last… Read More ›
If Trump Immigration Ban Snares Britons, U.K. will Act, says May
Saying that she does not agree with the approach, U.K. Prime Minister Theresa May broke her silence over President Donald Trump’s U.S. immigration ban on Muslim-majority nations. After the U.S. President temporarily froze the entry of other refugees and prohibited entry… Read More ›
As E-Books Falter, Ink and Paper is the Bet for German Media Giant
‘No’ is the answer to the question of whether paper books – those things printed in ink on paper, been killed by the advent of e-readers such as the Amazon Kindle. And if Thomas Rabe is to be believed, the… Read More ›