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Japan uneasy over Trump pressure on car exports

Japan uneasy over Trump pressure on car exports

Japanese Prime Minister Shinzo Abe will meet US President Donald Trump next week as fears grow in Tokyo that Washington could demand that Japan curb its car exports to the United States.

Uber is said to be in early talks to buy Europe’s Deliveroo

Uber is said to be in early talks to buy Europe’s Deliveroo

Uber Technologies Inc is in early talks to buy food-delivery company Deliveroo for several billion dollars, according to people familiar with the plans.

British inquiry widens Danske Bank money laundering scandal

British inquiry widens Danske Bank money laundering scandal

Scandal over €200bn in transactions; British crime agency investigating UK-registered firms; Danske Bank faces pressure from charities in Denmark; EU Commissioner Vestager condemns “giga scandal”; calls for more to be done to prevent laundering

China steel mills chase iron ore contracts with Brazil’s Vale

China steel mills chase iron ore contracts with Brazil’s Vale

Chinese steel mills and traders are rushing to secure long-term contracts for high-quality iron ore ahead of winter steel output cuts, a boon for the main supplier of such grades of the commodity, Brazilian mining giant Vale.

Pakistan to increase exports up to $27bn

Pakistan to increase exports up to $27bn

In a positive development, very important buying mission from China is coming to Pakistan on September 27 and will place orders to import many items from Pakistan.

Japan inflation ticks up but BoJ target still out of reach

Japan inflation ticks up but BoJ target still out of reach

Japan’s annual core consumer inflation ticked up slightly in August but remained distant from the central bank’s 2% target, suggesting that monetary policy will stay ultra-loose for the time being.

Global stock markets breeze higher on growth outlook

Global stock markets breeze higher on growth outlook

Global stock markets rose yesterday as optimism on the US economic outlook outweighed lingering trade war worries, dealers said.

Nestle’s step away from skincare reignites L’Oreal stake sale talk

Nestle’s step away from skincare reignites L’Oreal stake sale talk

Nestle SA’s likely retreat from skincare fuels questions about the company’s broader involvement in cosmetics and the future of a prized asset that many investors want to see sold: a $30bn stake in L’Oreal SA.

Sudden plunge in finance stocks rocks India market; rupee rises

Sudden plunge in finance stocks rocks India market; rupee rises

Volatility erupted in India’s stock market yesterday, with plunges in Yes Bank and Dewan Housing Finance Corp setting off an exodus from financial shares.

Dollar traders see Fed’s next interest rate hike as a ‘big sell signal’

Dollar traders see Fed’s next interest rate hike as a ‘big sell signal’

When a nation’s central bank raises interest rates, it’s often a bullish sign for the currency. Not so in the US, where expectations for a Federal Reserve rate hike next week are flashing sell signals for the dollar.

US ‘takes grenade off the table’ with tweak to Rusal sanctions

US ‘takes grenade off the table’ with tweak to Rusal sanctions

The US has laid the groundwork to avoid a brewing crisis in the global aluminium market. By making a technical tweak to sanctions on United Co Rusal, the US Treasury handed a potential lifeline to buyers of aluminium whose annual contracts with the Russian company are soon due to expire.

Dutch Business Council hosts ‘Power of Service in Qatar’ forum

Dutch Business Council hosts ‘Power of Service in Qatar’ forum

The Dutch Business Council in Qatar (DBCQ) hosted a forum titled ‘The Power of Service in Qatar’, which highlighted the service sector’s role in promoting investment opportunities in Doha.

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