[ad_1] FILE PHOTO: A staff member removes the Iranian flag from the stage after a group picture with foreign ministers and representatives of the U.S., Iran, China, Russia, Britain, Germany, France and the European Union
Norway fund may have to offload $1 billion stake in Glencore in shift away from coal
[ad_1] OSLO (Reuters) – Norway’s $1 trillion sovereign wealth fund may have to sell its $1 billion stake in commodities giant Glencore, among other companies that derive more than 30 percent of their revenue from
India’s April industrial output grows 2.8%
[ad_1] A worker cuts metal inside a workshop manufacturing metal pipes in Mumbai, India August 11, 2017. REUTERS/Shailesh Andrade/File Photo NEW DELHI (Reuters) – India’s industrial output in April grew 3.4% from a year earlier,
WPP sticks to full-year outlook, Kantar stake sale remains on track
[ad_1] A logo hangs on the wall outside the WPP offices in London, Britain April 30, 2018. REUTERS/Simon Dawson/File Photo (Reuters) – WPP said on Wednesday the sale of a majority stake in data analytics
Konkola Copper Mines plans to restart smelter on June 22
[ad_1] LUSAKA (Reuters) – Konkola Copper Mines (KCM), owned by Vedanta Resources, plans to restart its Nchanga smelter on June 22, the company said on Wednesday. KCM said the Nchanga smelter, near Zambia’s border with
Motorbike taxi firms rev up for race into West Africa
[ad_1] LAGOS (Reuters) – Motorcycle taxi companies are expanding in West Africa with backing from investors betting that the meteoric rise of two-wheeled taxi firms in Asia can be replicated in some of the fastest
Zara owner Inditex shakes off currency drag to post strong profit growth
[ad_1] MADRID (Reuters) – Spanish fashion group Inditex reported a 10% rise in first-quarter profit on Wednesday, as foreign currency effects moved back into favour for the owner of Zara and Massimo Dutti after two
Reckitt picks PepsiCo executive Laxman Narasimhan as next CEO
[ad_1] (Reuters) – British consumer goods giant Reckitt Benckiser on Wednesday named PepsiCo executive Laxman Narasimhan as its next chief executive officer, to succeed Rakesh Kapoor. FILE PHOTO: Products produced by Reckitt Benckiser; Vanish, Finish,
Asia shares turn wary, U.S. inflation next hurdle
[ad_1] SYDNEY (Reuters) – Asian share markets were in a defensive crouch on Wednesday as the White House took a tough line on trade talks with China, while a looming reading on U.S. inflation could
Gold recovers as U.S.-China trade jitters sour risk appetite
[ad_1] (Reuters) – Gold prices rose on Wednesday after hitting a one-week low in the previous session, as worries over U.S.-China trade war flared up, curbing risk appetite and increasing the appeal of safe-haven bullion.