Trade & Commerce

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    Kuwait signs long-term deal to import gas from Qatar

    Agence France-Presse . Kuwait City | Updated at 10:30pm on January 05, 2020

    State-owned Kuwait Petroleum Corp on Sunday signed a long-term contract with Qatar Petroleum to purchase three million tonnes of liquefied natural gas per year, a...

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    As Trump tariffs loom, US wine lovers battle tech giants

    Agence France-Presse . Washington | Updated at 10:26pm on January 05, 2020

    American importers of French cheese, bubbly and porcelain are raising their voices in Washington, hoping against hope they can outweigh Silicon Valley giants in a...

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    Japan ‘Tuna King’ buys new year catch for $1.8 million

    Agence France-Presse . Tokyo | Updated at 10:19pm on January 05, 2020

    A celebrated Japanese sushi businessman, nicknamed ‘Tuna King’, paid $1.8 million for a giant tuna at New Year’s auction at Tokyo’s main fish market on...

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    Export earnings fall by 5.84pc in H1

    Moinul Haque | Updated at 10:06pm on January 05, 2020

    The country’s export earnings in the first half (July-December) of the current financial year 2019-20 fell by 5.84 per cent although the earnings in December...

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    GM reports lower 4Q sales, inventories after strike

    Agence France-Presse . New York | Updated at 12:00am on January 05, 2020

    General Motors reported lower fourth-quarter car sales on Friday as a lengthy US worker strike continued to pinch auto inventories. The biggest US auto maker...

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    Tesla reports solid Q4 auto deliveries, extending streak

    Agence France-Presse . New York | Updated at 12:00am on January 05, 2020

    Electric auto maker Tesla saw a late year surge after a bumpy start to 2019, posting a jump in car deliveries in the final three...

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    E-car sales in Norway reach new record high

    Agence France-Presse . Oslo | Updated at 12:00am on January 05, 2020

    Sales of new electric cars in Norway hit a record high last year, sector experts said on Friday, reaching 42.4 per cent of all nearly-registered...

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    China starts lifting restrictions on foreign investment

    AFP | Updated at 12:00am on January 05, 2020

    China has started lifting major restrictions on foreign investment in its financial sector, a move long demanded by the United States as the world’s two biggest...

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    Canadian CEOs make 200 times more than average worker: study

    Agence France-Presse . Montreal | Updated at 12:00am on January 04, 2020

    The 100 highest-paid CEOs in Canada made 227 times more than the average worker in 2018, an unprecedented high, according to a report published on...

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    Thai retailers ban single-use plastic bags

    Agence France-Presse . Bangkok | Updated at 10:36pm on January 02, 2020

    Thai retailers kicked off 2020 with a ban on single-use plastic bags, joining the battle against throwaway carriers in the Southeast Asian nation where citizens...