Miscellany

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    Oil prices at 4-yr high after OPEC rebuffs Trump

    Reuters . London | Updated at 12:05am on September 25, 2018

    Oil prices jumped more than 2 per cent to a four-year high on Monday after OPEC declined to announce an immediate increase in production despite...

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    New tariffs of US, China kick in

    Reuters . Beijing | Updated at 12:05am on September 25, 2018

    The United States and China imposed fresh tariffs on each other’s goods on Monday as the world’s biggest economies showed no signs of backing down...

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    Economists decry lack of institutional governance

    Staff Correspondent | Updated at 12:05am on September 25, 2018

    Economists on Monday said that the country made little headway in the area of institutional good governance despite its significant progress on the economic front....

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    US ports fear they will be big losers in trade war

    Agence France-Presse . New York | Updated at 12:05am on September 24, 2018

    America’s ports are fearful that they will be big losers as the escalating trade fight between Washington and Beijing bites into business....

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    In Nigeria, Shell’s onshore roots still run deep

    Reuters . Nigeria | Updated at 12:05am on September 24, 2018

    Royal Dutch Shell wants to reweight its footprint in Nigeria to focus on oil and gas fields far offshore, away from the theft, spills, corruption...

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    OPEC, Russia rebuff Trump’s call for immediate boost to oil output

    Reuters . Algiers | Updated at 12:05am on September 24, 2018

    OPEC’s leader Saudi Arabia and its biggest oil-producer ally outside the group, Russia, ruled out on Sunday any immediate, additional increase in crude output, effectively...

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    Swiss voters reject more aid for farmers

    Reuters . Zurich | Updated at 12:05am on September 24, 2018

    Swiss voters decisively rejected more help for farmers in two referendums on Sunday, heeding the government’s warnings that the measures would send food prices rocketing...

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    Weaker rupee, regulations make real estate attractive for NRIs

    Press Trust of India . Mumbai | Updated at 12:05am on September 24, 2018

    A fluctuating rupee, and introduction of various regulations to bring in transparency and accountability, are making real estate more lucrative for non-resident Indians (NRIs), experts...

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    Nepal restores $2.5 billion hydropower plant contract to Chinese co

    Reuters . Kathmandu | Updated at 12:05am on September 24, 2018

    Nepal’s new government has reversed its predecessor’s decision and has asked China Gezhouba Group Corporation to build the nation’s biggest hydropower plant, an official said...

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    JV of Nippon Steel, Mcdonald Steel to invest $59m in MEZ

    Staff Correspondent | Updated at 12:05am on September 24, 2018

    Japan’s steelmaker Nippon Steel and Sumikin Bussan Corporation and Bangladesh’s Mcdonald Steel Building Products Limited are going to jointly invest $59.19 million in the Mirsarai...

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