The Bangladeshi government Sunday ordered the country’s garment factory owners to pay salaries and bonuses to all workers ahead of upcoming religious festivals of Hindus and Muslims.
Sep 222014
Sep 202014
U.S. stocks closed narrowly mixed Friday, with the Dow Jones Industrial Average closing at a fresh record, as China’s e-commerce giant Alibaba made its trading debut on the New York Stock Exchange.
Sep 202014
U.S. crude price fell Friday on increasing supplies of the country.
Sep 202014
Russia’s shift of its economic development strategy onto the Asian-Pacific region is a “natural response” to the development of global affairs, Russian Prime Minister Dmitry Medvedev said Friday.
Sep 202014
Gold futures on the COMEX division of the New York Mercantile Exchange dropped to an eight- month low Friday as the U.S. dollar was buoyed by an improving economy that reinforced the outlook of an earlier-than-expected interest rate increase.
Sep 192014
U.S. fixed mortgage rates edged up due to an increase in 10-year Treasury yields and lower energy prices, said the Primary Mortgage Market Survey released Thursday by Freddie Mac.
Sep 192014
The European Commission is committing 90 million euros (116 million euros) to Open and Disruptive Innovation (ODI) over the next 12 months, a statement said on Thursday.
Sep 192014
Figures released Thursday showed that the number of Americans initially applying for unemployment aid last week decreased to a two-month low, reflecting an improving job market.
Sep 182014
Japan’s trade deficit in August stood at 948.5 billion yen (about 8.74 billion U.S. dollars) for the 26th consecutive month in red, the Japanese Finance Ministry said Thursday.
Sep 182014
Finnish energy company Vantaa Energy announced on Wednesday that its new waste-to-energy plant has started to go into operation in Vantaa, a city next to the capital Helsinki.