Wednesday, 15 August 2018

Business

US blacklists Russian, Chinese companies for breaking North Korea embargo

The US Treasury announced sanctions on Russian and Chinese companies Wednesday for violating the economic embargo on North Korea as Washington seeks to keep pressure on Pyongyang over its nuclear program. The Treasury accused China-based Dalian Sun Moon Star International Logistics Trading Co and its Singapore-based affiliate, SINSMS Pte., of ...

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UK jobless rate down to new 43-year-low

LONDON: Britain’s unemployment rate fell to its lowest in over 43 years in the three months to June and fewer workers made do with insecure jobs, but there was little upside for most as pay growth slowed to its weakest in nine months. Tuesday’s official figures also showed the sharpest ...

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Disney need staff to travel the world on their luxury cruise ships

  NEW YORK: Disney are recruiting staff for its luxury cruise ships in the USA and Caribbean. The jobs are for waiters and waitresses aboard the ships. The advert says that staff are there to help create “an unforgettable voyage for families by delivering exceptional guest service”. According to the ...

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Air France KLM shares slump on risk of further strikes

PARIS: Air France KLM shares slumped on Monday after the airline’s biggest pilots union said over the weekend that there were risks of further strikes if pay talks with management did not resume. Air France KLM shares were down 5.8 percent in early trading, the worst performers on Paris’ SBF-120 ...

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Bayer shares plunge over weedkiller trial

. CALIFORNIA: Bayer shares plunged as much as 14 percent, losing about €12 billion in value, after newly acquired Monsanto was ordered to pay €250 million in damages in the first of possibly thousands of US lawsuits over alleged links between a weedkiller and cancer. After the verdict in favour ...

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Alaska Air Suicide Flight Highlights Gap in Airport Security

CALIFORNIA: Step inside the cockpit of an empty commercial aircraft and the pilot controls are yours. You don’t need a key or any special passcode to power up the plane and fly it away, whether it’s a small regional jet or a giant twin-deck Airbus A380. The suicide-by-plane Friday at ...

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Solar car to go on sale in 2019

BERLIN: A German start-up is in the final stages of developing a charging system for an all-electric vehicle with solar panels to top up the battery as you drive. Sono motors say the Sion car, can be charged from conventional power outlets, solar power, or other Sions. The vehicle has ...

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Trump trade rows are ‘destroying’ growth, says German minister

BERLIN: Germany’s economy minister on Sunday lashed out at US President Donald Trump, slamming his global trade rows and efforts to “dictate” Europe’s dealings with Iran through renewed US sanctions. In an interview with German weekly Bild am Sonntag, Peter Altmaier warned of the damaging consequences of a full-blown US-China ...

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New Zealand to ban single-use plastic bags

WELLINGTON: New Zealand became the latest country Friday to outlaw single-use plastic shopping bags, with Prime Minister Jacinda Ardern saying they will be phased out over the next year as a “meaningful step” towards reducing pollution. New Zealand uses “hundreds of millions” of single-use plastic bags each year, many of ...

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Commerzbank plans stronger private clients push

FRANKFURT: Commerzbank plans to step up its expansion drive by making a stronger push on private and small business customers, a board member told a German newspaper. The company, which reported forecast-beating second-quarter results this week, faces margin pressure in the private customer’s credit and securities segment, Michael Mandel said ...

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