RIYADH (Reuters) -Saudi Arabia’s crown prince on Sunday launched an initiative to attract investments in supply chains to and from…
Italy’s Illycaffe to pay global employee bonus, CEO tells paper
MILAN (Reuters) – Italian premium coffee maker Illycaffe will pay a cash bonus to its employees to help them cope…
Saudi forum set to draw U.S. business leaders despite tensions
By Rachna Uppal and Yousef Saba DUBAI (Reuters) – A public spat between the United States and Saudi Arabia will…
South Korea expands corporate bond-buying program amid credit crunch concern
SEOUL (Reuters) -South Korea’s government will expand its corporate bond-buying program among other liquidity supply measures amid growing worries about…
Bolivian strike over census delay paralyzes agriculture export hub
LA PAZ (Reuters) – Thousands of people in Bolivia launched an indefinite strike on Saturday in the lowland city of…
Analysis-Poor nations face peril over elusive G-20 debt relief push
By Karin Strohecker and Andrea Shalal LONDON/WASHINGTON (Reuters) – A failure to secure meaningful progress on a debt relief for…
Xi says China’s economy has high resilience, room for manoeuvre
BEIJING (Reuters) – China’s economy has high resilience, sufficient potential and room for manoeuvre, President Xi Jinping said on Sunday,…
Japan’s stimulus plan must exceed $100 billion, says ruling party executive
TOKYO (Reuters) – Japan’s promised economic stimulus must be big enough to exceed the economy’s output gap of about 15…
Red Bull owner Dietrich Mateschitz dies aged 78
(Reuters) – Dietrich Mateschitz, the Austrian billionaire founder and owner of energy drink company Red Bull, died on Saturday at…
BoE’s Mann: bond purchases for stability were targeted and temporary
LONDON (Reuters) – Bank of England policymaker Catherine Mann said on Saturday that bond purchases by the central bank in…