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By Tajuddin
In BUSINESS
Oct 10th, 2016
0 Comments
745 Views
San Francisco, California State, United States of America ( Reuters + DIPLOMAT.SO) – Shares of Twitter Inc (TWTR.N) slumped more than 13 percent in premarket trading on Monday after a weekend Bloomberg report that the social media company was unlikely to receive any bids. Salesforce.com Inc (CR...
By Tajuddin
In BUSINESS
Oct 10th, 2016
0 Comments
797 Views
Anakara, Turkey ( Anadolu Agency + DIPLOMAT.SO) – Turkey has agreed to sign a joint investment fund with Russia on Sunday, Economy Minister Nihat Zeybekci said. The $1 billion fund aims to boost relations in many areas such as tourism, energy, agriculture and transport. Speaking to journalists ...
By Tajuddin
In BUSINESS
Oct 10th, 2016
0 Comments
1031 Views
Singapore ( Reuters + DIPLOMAT.SO) – Oil prices fell on Monday over doubts that an OPEC-led plan to cut output would rein in a global oversupply that has dogged markets for over two years. Brent crude futures LCOc1 were trading at $51.58 per barrel at 0646 GMT, down 35 cents or 0.67 percent, fr...
By Tajuddin
In BUSINESS
Oct 9th, 2016
0 Comments
643 Views
Toronto, Canada ( Agencies + DIPLOMAT.SO) – Foreign workers who have accused a Canadian company of human rights abuses at an African gold mine will have their case heard in Canada’s legal system. The supreme court of British Columbia in a judgment this week is allowing three refugees to file a ...
By Tajuddin
In BUSINESS
Oct 4th, 2016
0 Comments
668 Views
Tokyo, Japan ( Reuters + DIPLOMAT.SO) – The dollar rose against the yen and euro on Tuesday, boosted by some upbeat U.S. economic news, while the pound wallowed near a three-decade low on concerns over a potential “hard Brexit” for Britain. The dollar added to overnight gains and wa...
By Tajuddin
In BUSINESS
Oct 4th, 2016
0 Comments
677 Views
Nairobi, Kenya (Xinhua + DIPLOMAT.SO) – Kenya plans to seek concessional loans to bridge the budget deficit for the 2017/18 financial year, a senior official said. The National Treasury Principal Secretary, Kamau Thugge, told journalists in Nairobi on Monday that Kenya will borrow up to 4.7 bil...
By Tajuddin
In BUSINESS
Oct 1st, 2016
0 Comments
606 Views
Amman, Jordan ( Reuters + DIPLOMAT.SO) – Thousands of protesters staged a protest in Amman on Friday (September 30) to demonstrate against a $10 billion gas deal between Jordan and Israel. The deal will supply 1.6 trillion feet (tcf) of gas to Jordan’s National Electric Power Company and ...
By Tajuddin
In BUSINESS
Sep 29th, 2016
0 Comments
635 Views
Nairobi, Kenya ( DIPLOMAT.SO) – Somalia’s offshore potential oil and gas reserves has garnered the attention of many international oil companies. The potential of these reserves, if managed well, will provide consistent revenue streams that could catalyse the economic development of Somalia. Th...
By Tajuddin
In BUSINESS
Sep 28th, 2016
0 Comments
583 Views
Moscow, Russia (Xinhua + DIPLOMAT.SO) – Russia will lift its ban on imports of Egyptian fruits and vegetables, except for potatoes, the Russian news agency Sputnik reported Tuesday. Russia and Egypt agreed to resume deliveries of agricultural produce from Egypt to Russia, except for potatoes, o...
By Tajuddin
In BUSINESS
Sep 28th, 2016
0 Comments
567 Views
Rio de Janeiro, Brazil (Xinhua + DIPLOMAT.SO) – Brazil’s economic prospects are improving, however recovery will be difficult, U.S. credit rating agency Moody’s said on Tuesday. The rating agency predicted that Brazil’s economy will contract 3.5 percent in the current year, wh...