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Markets

Protests and outrage as Siemens backs Aussie mine project

Environmental activists across the world slammed German engineering conglomerate Siemens on Monday after it decided to carry on with a controversial coal mine project in Australia.

Markets

New Boeing chief executive: Planemaker can be ‘much better’

WASHINGTON: Boeing Co's new chief executive, David Calhoun, assumed the job on Monday (Jan 13) as the US planemaker battles to recover from two fatal crashes of 737 MAX planes that killed 346 people in five months and led to the model's worldwide grounding in March. Calhoun, 62, a longtime...

Markets

US Treasury removes designation of China as currency manipulator

The US Treasury Department on Monday said China should no longer be designated as a currency manipulator in a long-delayed semi-annual currency report, reversing an August finding that had roiled financial markets.

Markets

S&P 500, Nasdaq end at records ahead of US-China trade deal

The S&P 500 and Nasdaq surged to fresh records on Monday (Jan 13) amid enthusiasm at the impending signing of the US-China trade deal.

Markets

Renault chairman says alliance with Nissan ‘robust’: L’Echo

The alliance between the French carmaker Renault and its Japanese partner Nissan Motor is "solid, robust, everything but dead," the chairman of Renault, Jean-Philippe Senard, told Belgian newspaper L'Echo.

Markets

Prague, Taipei ink sister deal in snub to Beijing

Prague and Taipei signed a partnership agreement on Monday (Jan 13) in an apparent snub to Beijing after the Czech capital dropped it as a sister city just three months ago.

Markets

Russian-linked digibank challenger targets neglected higher-risk clients

THE leadership team behind Singapore-based venture capital firm Life.Sreda has applied for a digital wholesale banking licence here with the aim of serving "abnormal" customers, or what they call higher-risk clients that traditional banks typically reject.

Markets

US gave Britain new evidence of ‘madness’ of using Huawei in 5G network: report

U.S. government officials presented the British government with new evidence on Monday about the risks of including Huawei equipment in future 5G mobile networks, branding it "madness", the Guardian newspaper reported.

Markets

Fed on hold, but will financial risks matter?

U.S. Federal Reserve officials may be in broad agreement that interest rates are unlikely to change soon, but they differed Monday on how concerned they are about developing financial risks in assessing when a rate hike might be appropriate.

Markets

Amazon to ramp up counterfeit reporting to law enforcement

Amazon.com Inc is planning to give more data on counterfeit goods to law enforcement in a further crackdown on fakes listed on its e-commerce sites, a person familiar with the program told Reuters.

Markets

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