South Africa’s government has hired a veteran business-rescue specialist to take charge of the state-owned airline in a renewed attempt to restore it to financial health and remove a burden on the nation’s finances.
Colombia’s credit rating is under threat from tax cuts being debated by congress, former finance minister Mauricio Cardenas said.
The exclusion of a light oil called condensate from Russia’s output target under the Opec+ deal is not a loophole, but a way to bring the country in line with the rest of group, said Energy Minister Alexander Novak.
Low-cost carrier Hong Kong Airlines was allowed to continue flying after the city’s authorities decided yesterday not to punish it for delaying salary payments and ongoing financial problems.
The US and China are trying to agree on the amount of American agriculture products that Beijing is willing to purchase,
Russia has decided to develop its stakes in Pakistan’s economy in a big way and to this effect a 64-member delegation headed by Minister for Trade and Industries
Toyota Motor Corp has a problem with selling its hybrids – it can’t get enough of them. “The only thing holding us back on hybrids is capacity,” Bob Carter, Toyota’s North American executive vice president for sales, told reporters on Thursday at an event in Detroit.
Indonesia’s central bank has sounded a more cautious tone on interest rates, signalling that the 175 basis points of tightening seen last year may not be fully unwound in the current easing cycle.
Between Donald Trump’s trade tweeting, an about-face at the Fed, the buckling and unbuckling of the yield curve, trading stocks in 2019 seemed like a never-ending ordeal of volatility and confusion. Operative word being “seemed.”
The stock market looks set to end 2019 the way it began the year — highly sensitive to headlines from President Donald Trump’s global trade war.