Abu Dhabi National Oil Company (ADNOC) has partnered with IBM to pilot blockchain-based transaction management for its commodities right from the oil wells through to its end customers. The automated, blockchain-based, system will encompass oil and gas production management for ARead more »
Regulators in India that are not answerable to any appellate authority should involve other stakeholders for better decision-making, the country's finance minister said, according to the Economic Times newspaper. "There would only be some exceptions where the decisions are final and, therefore
ANSHAN, China/MANILA (Reuters) - China's self-styled war on pollution is extending to a new front: the solid waste that makes up thousands of slag heaps around the country, a byproduct of its record steel output. Hundreds of steel mills have been shut over the last few years for failing to comply
PARIS (Reuters) - Violent protests in France over the last month will cost the country's economy 0.1 percentage points in the final quarter, French Finance Minister Bruno Le Maire told RTL radio on Monday.
Japanese media say prosecutors have added to charges against Nissan's former chairman Carlos Ghosn, extending his detention following his arrest on Nov. 19. Meanwhile, the Securities and Exchange Commission said it had filed criminal complaints against Ghosn and another Nissan executive, Greg Kelly
Thursday could prove to be a historic moment for the European Central Bank, which is expected to formally bring its unprecedented 2.6 trillion euro (2.32 trillion pounds) stimulus scheme to an end. With ECB chief Mario Draghi's final news conference of the year likely to prove anything but dull,
Dec 10 (Reuters) - The following are the top stories in the Wall Street Journal. Reuters has not verified these stories and does not vouch for their accuracy. - Gilead Sciences Inc is planning to hire ...
Tokyo stocks closed sharply lower on Monday, taking a negative lead from New York where unease over the US-China trade war prompted a fresh sell-off late last week. The benchmark Nikkei 225 index lost ...
Hitachi Ltd shares rose as much as 2.9 percent on Monday after Japan's TV Asahi reported the firm is considering scrapping its 3 trillion yen (20.91 billion pounds) nuclear project in Britain due to projections of further increases in construction costs. Hitachi's Horizon Nuclear Power plans
Japan's big three telecoms operators plan not to use network equipment from China's Huawei Technologies Co Ltd and ZTE Corp, Kyodo News reported on Monday. The plan applies to current equipment as well as upcoming fifth-generation (5G) gear, Kyodo reported without citing sources. Japan plans
TOKYO (Reuters) - Losses in global stock markets snowballed on Monday, with U.S. equity futures and Asian shares sliding on worries over slowing growth and fears that a rise in tensions between Washington and Beijing could torpedo chances of a trade deal.
China is raising the pressure on the United States and Canada as a bail hearing for a top Chinese technology executive was set to resume in Vancouver. A Communist Party newspaper called Canada's treatment of Huawei chief financial officer Meng Wanzhou (MUHNG' Wahn-JOH') "inhumane."
Standard Chartered is cutting jobs in its retail bank in the United Arab Emirates, in part as more customers move to digital services, people familiar with the matter told Reuters. The bank has also reduced headcount within other sectors of the bank, including corporate and commercial divisions, as
Asian markets were broadly lower Monday after China protested the arrest of a senior executive of Chinese telecoms equipment maker Huawei who is suspected of trying to evade U.S. trade curbs on Iran. KEEPING ...
SINGAPORE (Dec 9): Property developer Low Keng Huat (Singapore) saw its earnings fall 60% to $2.6 million for the 3Q18 ended October, from $6.6 million a year ago.
Brent crude oil rose on Monday after producer club OPEC and some non-affiliated suppliers last Friday agreed to a supply cut from January. International Brent crude oil futures were at $62.02 per barrel at 0601 GMT, up 35 cents, or 0.6 percent, from their last close. Prices surged on Friday after
SINGAPORE (Dec 10): Centurion Corporation's second student accommodation fund, the Centurion Student Accommodation Fund, achieved an aggregate committed capital of $70 million at its first closing.
Brent crude oil rose on Monday after producer club OPEC and some non-affiliated suppliers last Friday agreed to a supply cut from January. International Brent crude oil futures were at $62.02 per barrel at 0601 GMT, up 35 cents, or 0.6 percent, from their last close. Prices surged on Friday after the
Uday Kotak, the billionaire head of Kotak Mahindra Bank, has been asked by the Reserve Bank of India to lower his holding in the lender to 20 percent by the end of this year, and to 15 percent by March 31, 2020. "Given the milestone of December 31, 2018, the bank has been left with no option but
Australia's competition watchdog on Monday recommended tougher scrutiny and a new regulatory body to check the dominance of tech giants Facebook Inc and Alphabet Inc's Google in the country's online advertising and news markets. The recommendation, in a preliminary report on the U.S. firms
* Palm on track line for second day of losses * Malaysian palm stocks rise to 3 million tonnes - MPOB * Palm oil's target zone of 1,956-1,972 rgt/T aborted - techs By Emily Chow KUALA LUMPUR, Dec 10 (Reuters) ...
Gilead said its board had appointed Gregg Alton as interim Chief Executive for the period of January 1, 2019 until O'Day's start date of March 1, 2019. The news of O'Day's hiring comes about four months after Gilead said in July that it's Chief Executive John Milligan and Chairman
TOKYO (Reuters) - SoftBank Corp priced its initial public offering (IPO) at 1,500 yen per share and will sell an additional 160 million shares to meet strong demand, a regulatory filing showed, raising 2.65 trillion yen ($23.5 billion) in Japan's biggest-ever IPO.
TOKYO (Reuters) - SoftBank Corp <9434.T> priced its initial public offering (IPO) at 1,500 yen per share and will sell an additional 160 million shares to meet strong demand, a regulatory filing showed, raising 2.65 trillion yen ($23.5 billion/18.46 billion pounds) in Japan's biggest-ever IPO
Tokyo prosecutors indicted Nissan Motor along with its ousted Chairman Carlos Ghosn, domestic media reported on Monday, shifting the focus of the financial misconduct scandal to the Japanese automaker and its CEO's responsibility. Nissan, which fired Ghosn as chairman a few days later, has said