Exclusive: Iran seeks to resolve HSBC freeze on some trade financing – sources
LONDON/ANKARA (Reuters) – Iran is lobbying to get HSBC to process humanitarian trade transactions that Europe’s biggest bank has frozen because of concerns about potential breaches of international sanctions, sources familiar with the trades told Reute…
Australia says China free trade deal likely by end of year
BEIJING (Reuters) – China and Australia, which have been trying to set up a bilateral free trade agreement for years, are determined to sign a deal by the end of this year, Australia’s trade chief said on Tuesday after talks with Chinese leaders.
Argentina courts Europeans over debt saga with newspaper ads
LONDON/MADRID (Reuters) – Argentina took its full-page advert campaign to European newspapers on Tuesday, criticizing a U.S. court ruling and so-called vulture funds over its ongoing debt saga, as the country seeks to avoid a new default.
E-cigarettes could stub out tobacco bonds sooner than thought
NEW YORK (Reuters) – The rapid growth of electronic cigarette sales poses a rising but under-appreciated risk to holders of as much as $96 billion of bonds tied to payments tobacco companies make to U.S. states from a sweeping legal settlement in 1998….
Exclusive: India likely to extend price caps to more drugs – sources
MUMBAI (Reuters) – The government of India is likely to raise the number of drugs deemed essential and subject to price caps, people directly involved in the process said.
BHP eyeing more iron ore mining jobs cuts in Australia
SYDNEY (Reuters) – BHP Billiton is looking at more job cuts at its flagship Australian iron ore division as a way to reduce costs, as ore prices slump and pressure mounts to rein in spending.
Delta Air CEO to back U.S. Export-Import Bank support to Boeing: WSJ
(Reuters) – Delta Air Lines Inc’s CEO is expected to support the U.S. Export-Import Bank’s assistance for sales of Boeing Co’s widebody jets, softening his stance at a time when critics are mounting pressure to wind down the agency, the Wall Street Jou…
Asian shares push ahead on hopeful signs for global growth
SYDNEY (Reuters) – Asian shares ticked higher on Tuesday as improved manufacturing data from China, Japan and the United States augured well for global growth, despite a disappointing result from the euro zone.
Asian shares push ahead on hopeful signs for global growth
SYDNEY (Reuters) – Asian shares ticked higher on Tuesday as improved manufacturing data from China, Japan and the United States augured well for global growth, despite a disappointing result from the euro zone.
Inspection tensions add to Bangladesh garment industry’s woes
DHAKA (Reuters) – It took Western safety inspectors only about an hour to tour a factory the size of three football fields before ordering a partial shutdown of Sonia & Sweaters Ltd, a Bangladesh clothing supplier to Wal-Mart Stores Inc and Debenhams .
