Friday, September 1st, 2017

 

Second round of Nafta talks amid Trump threats

MEXICO CITY, Sept 1 — The United States, Mexico and Canada dove into the details of revamping the North American Free Trade Agreement at a second round of talks today, amid threats from President Donald Trump to axe the deal. After setting an…


World’s most crucial chemical suddenly in short supply on Harvey

HOUSTON, Sept 1 — Few Americans care about ethylene. Many have probably never heard of it. As it turns out, this colourless, flammable gas is arguably the most important petrochemical on the planet — and much of it comes from the…


Volvo shares jump on truck maker’s new margin target

STOCKHOLM, Sept 1 — Shares in truck maker Volvo jumped more than 7 per cent today after the Swedish firm targeted the highest level of profitability since the sale of its car making arm to Ford nearly two decades ago. Volvo, which competes…


Texas billionaire Dell to raise funds for Harvey recovery

WASHINGTON, Sept 1 — US billionaire Michael Dell and his wife Susan announced today an initiative to raise US$100 million (RM427.2 million) in private funds for Hurricane Harvey recovery. The Dells, both Houston natives, told ABC’s Good…


Wall Street opens higher after jobs data; Dow above 22,000

NEW YORK, Sept 1 — US stocks opened higher today, with the Dow hitting the 22,000 mark, after data showed job growth slowed more than expected in August, which could make the central bank cautious about raising interest rates again this year….


Top CEOs warn Trump on ending migrant amnesty

WASHINGTON, Sept 1 — The CEOs of dozens of big-name US firms from Amazon to Apple and Facebook pressed President Donald Trump today to keep an amnesty for people brought to the United States illegally as children. In a letter to Trump and top…


Top CEOs warn Trump on ending migrant amnesty (VIDEO)

WASHINGTON, Sept 1 — The CEOs of dozens of big-name US firms from Amazon to Apple and Facebook pressed President Donald Trump today to keep an amnesty for people brought to the United States illegally as children. In a letter to Trump and top…


Dollar, Wall Street futures make quick recovery from soft US jobs data

LONDON, Sept 1 — The dollar, Wall Street futures and benchmark bond yields were quick to recover from an initial flinch today, after weaker-than-expected US jobs data disappointed on a number of fronts. Headline jobs growth slowed more than…


US job growth slows in August; wage growth retreats

WASHINGTON, Sept 1 — US job growth slowed more than expected in August after two straight months of strong gains, but the pace of increase should be more than sufficient for the Federal Reserve to announce a plan to start trimming its massive…


‘2017 should be better year for RHB Bank’

KUCHING: RHB Bank Bhd’s (RHB Bank) first half of 2017 (1H17) core net profit has come in line with expectations and analysts are maintaining their views that 2017 should be a better year for the group. RHB Bank reported a net profit of RM1.001 billion for the half year ended June 30, 2017 as compared […]