Posted at 21:44h
in
News
by KMFSLLP
Agricultural commodities giant
Louis Dreyfus Company (LDC) has launched a cost-cutting and
reorganization drive in the face of difficulties confronting
global trading houses, according to an internal memo seen by
Reuters on Wednesday.

...
Posted at 21:16h
in
News
by KMFSLLP
The Trump administration
assured U.S. banks on Wednesday that they can temporarily
process U.S. dollar transactions on a Dalian unit of China's
biggest shipping company COSCO that Washington had imposed
sanctions on over suspicions it transported oil from Iran.
Posted at 21:09h
in
News
by KMFSLLP
Australian shares are set to open higher
on Thursday as upbeat economic data from the United States is
expected to allay concerns of slowing economic growth, while
prospects of a trade deal between China and Beijing will likely
lift sentiment.
U.S. economic growth picked up slightly...
Posted at 20:53h
in
News
by KMFSLLP
Dallas Federal Reserve Bank President
Robert Kaplan said on Wednesday that he is open minded about
looking at an average period longer than 12 months for the
economy's inflation.

...
Posted at 20:36h
in
News
by KMFSLLP
Private equity firm Catalyst Capital
Group Inc on Wednesday made a competing offer for Hudson's Bay
Co that challenges the Canadian retailer's deal with a
consortium led by its executive chairman, Richard Baker.
Posted at 20:02h
in
News
by KMFSLLP
Nearly one-third of projected
U.S. net farm income this year will come from government aid and
taxpayer-subsidized commodity insurance payments, according to a
forecast issued Wednesday by the U.S. Department of Agriculture.

...
Posted at 19:52h
in
News
by KMFSLLP
Iraqi protesters stormed and
set fire to the Iranian consulate in the southern city of Najaf
on Wednesday, police and civil defence sources said.

...
Posted at 19:48h
in
News
by KMFSLLP
The retail portion of Saudi
Aramco's initial public offering (IPO) has been fully covered,
with orders reaching 32.57 billion Saudi riyals ($8.7 billion),
lead manager Samba Capital said on Wednesday.

...
Posted at 19:46h
in
News
by KMFSLLP
Iraqi protesters stormed and
set fire to the Iranian consulate in the southern city of Najaf
on Wednesday, police and civil defence sources said.

...
Posted at 19:37h
in
News
by KMFSLLP
Four years ago, PayPal set out
to break the Guinness World Record for the most money raised
online for charity in 24 hours.

...