FRANKFURT — When will the European Central Bank join the U.S. Federal Reserve and start raising interest rates? This much is clear: It won’t be soon. Weaker signals from the economy and worries about a possible trade war between the United State and China have left the top monetary authority for the 19 countries that […]
SEOUL, Korea, Republic Of — General Motors says it has reached a tentative agreement with its South Korean labour union to a set of measures to cut costs and allocate new car models to existing GM Korea factories. The agreement Monday between GM and its union steers the American carmaker away from filing for bankruptcy […]
BEIJING — A human rights group says gender discrimination is widespread in the Chinese work force, with many hiring advertisements openly calling only for male applicants and using the attractiveness of female co-workers as a draw. Human Rights Watch released the report Monday after looking at more than 36,000 job advertisements posted between 2013 and […]
Forget Fenway Park — David Price and the Boston Red Sox are feeling every bit at home at the Flush Factory. And in Houston, George Springer and the Astros are just as likely to be talking Boogie Bombs as balls and strikes. Why is Xander Bogaerts making an L with his fingers and dancing on […]
TEHRAN, Iran — An Iranian newspaper says the country’s Central Bank has officially banned the use of cryptocurrencies in financial transactions in order to “prevent crimes such as money laundering and terrorism.” The move is seen as part of Tehran’s efforts to control the currency market after the rial hit an all-time low earlier this […]
SEOUL, Korea, Republic Of — Korean Air Lines says its chairman’s two daughters have resigned from their executive positions amid mounting public criticism over the women’s behaviour. Chairman Cho Yang-ho announced the resignation of Hyun-ah, who returned to leadership last month after a four-year hiatus following a “nut rage” scandal, and her younger sister Hyun-min, […]
With new investors and management, the former ACTA/Heliocentris Italy changed the name to Enapter, and is showcasing innovations to the existing product line. Enapter offers electrolyser systems in the range of 250L to 1000L/h. Enapter stacks are small, flexible, modular. The electrolysers are scalable and enable cost effective systems of up to 48kW. They produce […]
KUWAIT CITY — Kuwait’s state-run oil company says it has contained a fire at an onshore oil rig in the country’s southwestern oilfields. The Kuwait Oil Co. said early on Monday that a fire broke out while an emergency team responded to what it described as a “minor” leak at the al-Maqwa field. The company […]
Gemalto, the world leader in digital security, today announces it has won an open tender with the Home Office, acting through Her Majesty’s Passport Office (HMPO), for the production of the next generation of British passports and associated services. Gemalto, an international security company with substantial operations in the UK, won the contract following a […]
WASHINGTON — America’s business economists are sketching a bright picture for the coming months, with a survey finding that more of their companies foresee rising sales and expect to continue hiring and raising pay. At the same time, nearly two-thirds of respondents in the latest survey by the National Association for Business Economics say President […]