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19848 articles published since 08 Mar 2022

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'Agriculture is dying': French farmers protest EU-Mercosur deal
'Agriculture is dying': French farmers protest EU-Mercosur deal
Business and Economy

French farmers launched Monday a new wave of action to protest a proposed trade pact between the European Union and four South American countries, which they say threatens their livelihoods. The new wave of action came after farmers across Europe including France mounted rolling protests last winter over a long list of burdens they say are squeezing revenue.

Tractor-driving French farmers protest EU-Mercosur deal
Tractor-driving French farmers protest EU-Mercosur deal
Business and Economy

French farmers launched Monday a new wave of action to protest the adoption of a trade pact between the European Union and four South American countries they fear would threaten their livelihoods. On Monday, angry French farmers used tractors to block roads and erected wooden crosses during protests across the country, urging Macron and the government to do more.

Disgraced Singapore oil tycoon sentenced to nearly 18 years for fraud
Disgraced Singapore oil tycoon sentenced to nearly 18 years for fraud
Business and Economy

The founder of a failed Singapore oil trading company was sentenced Monday to nearly 18 years in jail for cheating banking giant HSBC out of millions of dollars in one of the country's most serious cases of fraud. State prosecutors had sought a 20-year jail term, saying "this is one of the most serious cases of trade financing fraud that has ever been prosecuted in Singapore".

Markets swing after Wall St losses as traders weigh US rates outlook
Markets swing after Wall St losses as traders weigh US rates outlook
Business and Economy

Asian markets were mixed Monday following a sell-off on Wall Street as investors scale back their bets on Federal Reserve interest rate cuts owing to worries Donald Trump could reignite inflation. After Trump's victory at the start of the month, markets had already been winding back their expectations for the number of rate cuts the Fed would announce next year.

G20 leaders to grapple with climate, taxes, Trump comeback
G20 leaders to grapple with climate, taxes, Trump comeback
Business and Economy

G20 leaders gather in Brazil on Monday to discuss fighting poverty, boosting climate financing and other multilateral initiatives that could yet be upended by Donald Trump's impending return to the White House. - Taxing billionaires - The summit will open on Monday with Lula, a former steelworker who grew up in poverty, launching a "Global Alliance against Hunger and Poverty."

Disgraced Singapore oil tycoon to be sentenced for fraud
Disgraced Singapore oil tycoon to be sentenced for fraud
Business and Economy

The founder of a failed Singapore oil trading company will be sentenced Monday for cheating banking giant HSBC out of millions of dollars in one of the country's most serious cases of fraud. Prosecutors said he tricked HSBC into disbursing nearly $112 million by telling the bank that his firm had entered into oil sales contracts with two companies.

'Devil is in the details,' EU chief says of S.America trade deal
'Devil is in the details,' EU chief says of S.America trade deal
Business and Economy

EU chief Ursula von der Leyen said Sunday "the devil is always in the details" as she spoke of a budding South America trade deal that France has vowed to block at all costs. But it "won't proceed without political agreement" among the bloc's member states, one official in von der Leyen's entourage told AFP. Von der Leyen was to meet Sunday with Brazilian President Luiz Inacio Lula da Silva.

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