Trade & Commerce

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    Happiness on three wheels: China’s parcel deliverymen

    Agence France-Presse . Beijing | Updated at 12:00am on November 11, 2018

    Deftly weaving through peak-hour Beijing traffic on a three-wheeled bike, Nan Shan has no time to chat as he races to deliver nearly 80 packages...

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    Italy vows to keep euro, big budget despite EU standoff

    Agence France-Presse . Rome | Updated at 12:00am on November 11, 2018

    Italy will not leave the eurozone, populist deputy prime minister Luigi Di Maio said on Friday, despite a standoff with Brussels over Rome’s big-spending budget.‘As...

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    Raw jute crisis hampers production in Khulna-Jashore region mills

    United News of Bangladesh . Khulna | Updated at 12:00am on November 11, 2018

    Production in nine state-owned jute mills in Khulna-Jessore region is being hampered due to crisis of raw jute while the stock of unsold jute products...

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    Bombardier to cut 5,000 jobs in restructuring

    Agence France-Presse . Montreal | Updated at 01:08am on November 10, 2018

    Canadian aircraft and transport company Bombardier will cut 5,000 jobs globally and sell off its aging turboprop line in a bid to ‘streamline’ operations, the...

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    Trouble brewing? Brexit challenge for Guinness supply chain

    Agence France-Presse . Dublin | Updated at 01:06am on November 10, 2018

    With its brown-black hue and cascading creamy head, Guinness is Ireland’s most iconic export. But any post-Brexit border controls on the island of Ireland could...

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    Italy slams Brussels deficit warning

    Agence France-Presse . Brussels | Updated at 01:04am on November 10, 2018

    Italy on Thursday flatly dismissed the EU’s more pessimistic outlook for the Italian economy as the IMF warned Rome should take steps to lower debt....

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    US sues UBS, alleging fraud in financial crisis

    Agence France-Presse . Zurich | Updated at 12:00am on November 10, 2018

    US authorities on Thursday sued Swiss banking giant UBS, accusing the European lender of fraud in the sale of mortgage-backed securities prior to the global...

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    China’s factory gate inflation slips

    Agence France-Presse . Beijing | Updated at 12:00am on November 10, 2018

    China’s factory inflation eased in October owing to slackening demand and a trade war with the United States, while consumer price inflation held steady, official...

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    UK economy picks up

    Agence France-Presse . London | Updated at 12:00am on November 10, 2018

    Britain’s economy accelerated in the third quarter as higher exports and household spending offset slumping business investment, data showed Friday as the country hopes to...

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    S Korea’s Moon sacks finance minister, policy chief

    Agence France-Presse . Seoul | Updated at 12:00am on November 10, 2018

    South Korean president Moon Jae-in sacked his top two economic officials Friday, the government said, as the world’s 11th-largest economy struggles with slowing growth, rising...