Donald Trump dangled the carrot of foreign investment in front of North Korean leader Kim Jong Un at their nuclear summit, but analysts say few will want to put money into one of the highest-risk business environments in the world.
The US president showed Kim a movie of bright lights, high-speed trains and soaring tower blocks -- pitching a future that could be possible if Pyongyang gives up its weapons.Full Story
Paris and Berlin are very close to an agreement on eurozone reform after months of divisions, French Finance Minister Bruno Le Maire has said.Full Story
Locals have always known that a vast deposit of gold sits underneath the cocoa trees and towering thickets of bamboo in the tropical jungle of Osun state in southwest Nigeria.Full Story
After having won the World Post & Parcel Award, often regarded as the Oscar for the mail and express industry, for the “Innovation” Category in 2016, LibanPost was elected this year as the winner of the World Post & Parcel Award for the “Corporate Social Responsibility” Category.
"LibanPost feels particularly privileged to have been honored by this prize, in a competition described as particularly strong this year, where submissions of projects were made by some of the most innovative and progressive organizations in the international post and parcel sector, and against two prestigious finalists namely the American USPS and the German Deutsche Post DHL Group," LibanPost said in a statement.Full Story
U.S. President Donald Trump on Friday announced tariffs of 25 percent targeting $50 billion in Chinese imports, making good on a pledge to punish the alleged theft of American intellectual property.Full Story
Rolls-Royce, the British maker of plane engines, said Thursday that it plans to cut 4,600 mainly British management roles by 2020 in a vast restructuring that has already resulted in thousands of job losses.Full Story
U.S. President Donald Trump on Wednesday accused the Organization of Petroleum Exporting Countries of raising oil prices, in a fresh swipe at the cartel's agreement to cap production.Full Story
An oil production shortfall in Iran and Venezuela may force OPEC and Russia to decide later this month to open their taps, the International Energy Agency said Wednesday.Full Story
The dollar extended gains against its peers in Asian trade Wednesday as investors await a key Federal Reserve decision later in the day, but most equity markets dipped.Full Story