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Drug exec Shkreli, lawmakers clash ahead of congressional hearing

January 21, 2016 by · Leave a Comment 

Former pharmaceutical executive Martin Shkreli was on a collision course with Congress on Thursday as lawmakers warned he could be prosecuted for contempt if he does not appear next week for a hearing about drug prices. A lawyer for Shkreli…

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Drug exec Shkreli, lawmakers clash ahead of congressional hearing

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Iraq’s southern oil exports running at 3.3 million bpd, unaffected by clashes

January 17, 2016 by · Leave a Comment 

Iraq's exports from its southern region have been running at an average daily rate of 3.297 million barrels per day (bpd) so far this month, higher than December's average and unaffected by tribal clashes, an oil company executive said on Saturday.All the fields are running normally, state-run South Oil Co.'s deputy director general Salah Mahdi told Reuters in an interview in Basra. “The security situation is very good, I don't see any impact on our oil operations,” he …

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Iraq’s southern oil exports running at 3.3 million bpd, unaffected by clashes

government

As world markets drop, Fed officials try to shake it off

January 17, 2016 by · Leave a Comment 

SOMERSET, N.J./SAN FRANCISCO (Reuters) – As U.S. stock indexes dropped in volatile trading and oil crashed below $30 a barrel on Friday, Federal Reserve officials stuck to a well-worn script: day-to-day financial market swings do not drive monetary policy. At the same time…

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As world markets drop, Fed officials try to shake it off

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China’s economy grew by around 7 percent in 2015, services made up half of GDP – Premier

January 17, 2016 by · Leave a Comment 

China's gross domestic product (GDP) totaled more than $10 trillion in 2015 and the economy grew by around 7 percent, with the services sector accounting for half of GDP, Premier Li

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China’s economy grew by around 7 percent in 2015, services made up half of GDP – Premier

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Chipotle ‘confident’ it can stop outbreaks, shares rise

January 14, 2016 by · Leave a Comment 

By Lisa Baertlein and Noel Randewich LOS ANGELES/SAN FRANCISCO (Reuters) – Chipotle Mexican Grill Inc executives on Wednesday said they are confident that steps they are taking to tighten food safety at the popular burrito chain will prevent…

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Chipotle ‘confident’ it can stop outbreaks, shares rise

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Brent falls to another 12-year low on oversupply gloom

January 14, 2016 by · Leave a Comment 

By Aaron Sheldrick TOKYO (Reuters) – Crude oil fell in Asian trade on Thursday, with Brent marking another 12-year low amid gloom over a world awash with supply and concerns about global economic growth hitting equity markets. Brent dropped as far as $29.73, the lowest since February 2004 and down more than 1.5 percent. West Texas Intermediate (WTI) erased

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Brent falls to another 12-year low on oversupply gloom

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U.S. says talks will continue to reach VW diesel emissions fix

January 14, 2016 by · Leave a Comment 

U.S. environmental officials said on Wednesday talks will continue with Volkswagen aimed at reaching an agreement on a fix for nearly 600,000 diesel vehicles that emit up to 40 times legally allowable limits. Nearly four months after the emissions scandal broke, there…

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U.S. says talks will continue to reach VW diesel emissions fix

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Taiwan economy: an aging tiger in need of cubs

December 28, 2015 by · Leave a Comment 

By Faith Hung TAIPEI (Reuters) – Jason Tsai is among the few in Taiwan with excellent English, but two years after graduating from university the highly sought language skill has failed to secure him a well-paying job. Tsai has been pulling in an average monthly pay of T$15,000 ($455) through part-time work, below the minimum wage of T$22,000 for …

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Taiwan economy: an aging tiger in need of cubs

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Japan November output falls as soft global demand clouds outlook

December 28, 2015 by · Leave a Comment 

By Leika Kihara TOKYO (Reuters) – Japan's factory output fell for the first time in three months in November, data showed on Monday, a sign that weak emerging market demand continues to cloud prospects for a sustained recovery in the world's third largest economy. Industrial output fell 1.0 percent in November from the previous month, more than

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Japan November output falls as soft global demand clouds outlook

government

U.S. approves 2016 BMW diesel X5 SUV after EPA review

December 11, 2015 by · Leave a Comment 

The Environmental Protection Agency and California Air Resources Board approved the sale of the new 2016 BMW diesel X5 after government testing found no evidence of software to evade emissions standards, the government said Thursday. EPA spokeswoman Laura Allen said Thursday that the agency – along with California and Canada – was doing additional testing before approving new diesel vehicles.

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U.S. approves 2016 BMW diesel X5 SUV after EPA review

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