Monday, August 26th, 2019

 

Russia’s Putin calls for rise in incomes, stronger economic growth

MOSCOW, Aug 26 — President Vladimir Putin today described Russia’s economic growth as insufficient, telling the head of the central bank and top government officials to come up with ways to boost real incomes growth. The issue of real disposable…


Ted Akiskalos steps down from Carlsberg Malaysia

SHAH ALAM, Aug 26 — Carlsberg Brewery Malaysia Berhad announced that its managing director, Theodoros (Ted) Akiskalos, has tendered his resignation to relocate to Europe for family reasons. Ted will step down from his role as Managing Director of…


US stocks rally as Trump claims China wants to talk trade

NEW YORK, Aug 26 — US stocks snapped higher this morning, erasing some of the prior week’s gloom as investors struggled to discern the direction of the US-China trade war. Attending the G7 economic forum in France, President Donald Trump said…


G7 pledges millions to help fight Amazon fires

BIARRITZ, Aug 26 — The G7 has agreed to spend €20 million (RM92.46 million) on the Amazon, mainly to send fire-fighting aircraft to tackle the huge blazes engulfing many parts of the world’s biggest rainforest, the presidents of France and…


US business investment appears weak in third quarter

WASHINGTON, Aug 26 — New orders for key US-made capital goods rose modestly in July while shipments fell by the most in nearly three years, pointing to continued weakness in business investment and a slowdown in economic growth early in the third…


Greece fully lifts capital controls imposed during bailout chaos, says PM

ATHENS, Aug 26 — Greece is fully lifting its remaining capital controls, Prime Minister Kyriakos Mitsotakis said today, in a move signalling the economy’s continuing return to stability after the tumult of three international bailouts since…


Signs of hope as Trump says US-China trade talks back on

BIARRITZ, Aug 26 — There were signs of a thaw in trade-war tensions between China and the US today as President Donald Trump said delegations would “very shortly” resume talks and Beijing’s top negotiator called for “calm”. The two sides…


Britain must settle EU bill even after no-deal Brexit, says EU executive

BRUSSELS, Aug 26 — The European Union expects Britain to honour all financial obligations made during its membership of the bloc even after a no-deal Brexit, a spokeswoman for the European Commission said today. British Prime Minister Boris…


Dutch say 100 companies make Brexit move

THE HAGUE, Aug 26 — Nearly 100 international companies have moved to the Netherlands and 325 more are interested owing to uncertainty over Britain’s exit from the EU, Dutch officials said today. British businesses are showing major interest but…


Japan denies it gave Trump too much in trade talks

TOKYO, Aug 26 — Japan’s top government spokesman denied today that Tokyo made too many concessions in trade talks with the United States, saying the fact the two countries were able to reach a broad agreement was “very valuable.” The United…