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  • April 24, 2014
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  1. Business - Commodities - LOGISTICS

    Arctic route has little allure for shipping industry

    Posted Oct 16th 2013, 12:00am by Reuters

    ... Reuters in London Global warming has opened northern seaway, but few cargo ships have made the journey Arctic route has little allure for shipping industry The new shipping route opened up through the Arctic by climate change will not be crowded any time soon. Cargoes of coal, diesel and gas have made the trip but high insurance costs, slow going and strict environmental rules mean ...

  2. Business - China Business - REGULATION

    New plan to tackle capacity glut

    Posted Oct 15th 2013, 03:49pm by Reuters

    ... Reuters in Beijing State Council scheme involves blocking new projects in overgrown manufacturing sectors and trying to stimulate domestic demand New plan to tackle capacity glut China will tackle chronic overcapacity problems in sectors such as steel and cement by blocking approvals for new projects and making better use of the market, according to a issued by the State Council ...

  3. News - China - BRIBERY

    Danone to name new management at China unit after bribery scandal

    Posted Oct 15th 2013, 02:33pm by Reuters

    ... Reuters in Beijing French food maker Danone said it will appoint new management at its Dumex infant milk powder operation in China and has suspended a nutrition programme for mothers in the wake of a bribery scandal at Chinese hospitals. Dumex China expressed “deep regret” for what it called shortcomings over a programme that was intended to raise standards in paediatric care ...

  4. News - World - UNITED STATES

    War veterans protest at White House over US government shutdown

    Posted Oct 15th 2013, 12:00am by Reuters

    ... Reuters in Washington War veterans take their protest to White House Veteran and "tea party" groups protested over the government shutdown in Washington, taking down barricades around the second world war memorial on the National Mall before marching to the gates of the White House. Police officers, some in riot gear, pushed back against the crowd when it got too close ...

  5. News - World - BRITAIN

    British police arrest man with knife at Buckingham Palace

    Posted Oct 14th 2013, 10:25pm by Reuters

    ... Reuters in London Police arrested a man carrying a knife on Monday as he tried to gain entry to Buckingham Palace, the London residence of Queen Elizabeth, just a month after another security incident at the central London building. The 44-year-old man was searched then detained on suspicion of trespassing on a protected site and possessing an offensive weapon, a police ...

  6. Business - Money

    Singapore scoops up high-yield bond trade

    Posted Oct 14th 2013, 12:00am by Reuters

    ... Reuters in Singapore Singapore scoops up high-yield bond trade Companies in Southeast Asia are looking at Singapore as a viable alternative for high-yield bond issues in amounts that would ... grade firms selling debt in the city, attracting investor interest by offering juicy coupons. Data from Thomson Reuters showed that close to S$5 billion (HK$31.1 billion) of high-yield deals ...

  7. News - China - BRIBERY

    Tianjin punishes 13 medical workers in Danone milk powder case

    Posted Oct 14th 2013, 08:38pm by Reuters

    ... Reuters in Beijing Chinese authorities in the northern city of Tianjin have punished 13 medical workers for taking bribes from Danone to recommend the French food maker’s infant formula, the local government said on Monday. The move comes after the official China Central Television (CCTV) reported in September that Danone bribed doctors and nurses to recommend its Dumex milk powder ...

  8. Business - Economy

    Nobel-winning economist sounds alarm over 'bubbly' global housing prices

    Posted Oct 15th 2013, 10:57am by Reuters

    ... Reuters in Stockholm and Washington Robert Shiller warns that a shift to a 'more speculative attitude' and easy monetary policy create risk of markets making same error that triggered 2008 financial crisis One of three US economists who won this year's Nobel Prize for economics on Monday for research into market prices and asset bubbles expressed alarm at the rapid ...

  9. Business - Economy

    Bumping against debt ceiling would be painful for US - and the world

    Posted Oct 15th 2013, 10:12am by Reuters

    ... Reuters in Washington If Washington doesn’t reach a deal soon to keep paying its bills, an economic crisis could start unfolding so quietly on Thursday it will give little hint of its potential to throw millions of Americans out of work. Many people would not notice right away if the government hits a US$16.7 trillion cap on its debt, which could come on Thursday. Cheques would ...

  10. News - Asia

    Fukushima radiation dose estimate questioned

    Posted Oct 14th 2013, 12:00am by Reuters

    ... Reuters in Tokyo Fukushima radiation dose estimate questioned Japanese authorities may have underestimated by 20 per cent the radiation doses workers got in the initial phase of the disaster at the Fukushima nuclear power plant, a newspaper reported, citing a United Nations panel. A big earthquake and tsunami in March 2011 damaged the power station north of Tokyo, operated ...




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