EU opens door to using US jet fuel as shortages loom
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$100b export target at risk without logistics reforms
Star Business Report
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10 May 2026, 00:00 AM Global Economy
Trump administration appeals latest court loss on tariffs
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10 May 2026, 00:00 AM Global Economy
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9 May 2026, 17:13 PM Business

Apple in 2016: Is the mighty iPhone in decline?

Apple's stock value drops to below $100 for the first time since October 2014.
26 January 2016, 14:38 PM

Alibaba revenue growth seen slowest on record

Chinese e-commerce giant Alibaba Group Holding Ltd is expected to post its weakest quarterly revenue growth on record, Thomson Reuters data shows, a slowdown analysts say will heat up the battle with smaller rival JD.com Inc in a tougher economy.
25 January 2016, 18:00 PM

Junior staff stole nearly $600m from major Chinese bank

Two junior employees of one of China's biggest banks stole financial instruments worth 3.9 billion yuan ($593 million) in a failed attempt to make a fortune on the stock market, the bank admitted.
25 January 2016, 18:00 PM

Russian economy hit by oil price slide

Russia's economy contracted by 3.7 percent in 2015, according to preliminary figures published by the country's statistics service.
25 January 2016, 18:00 PM

Oil prices extend rise above $32

Oil prices extended their rally in Asia Monday buoyed by hopes of extra stimulus measures in the eurozone and Japan that could help boost demand in the face of a global supply glut.
25 January 2016, 18:00 PM

US blizzard to cause multi-billion dollar losses

Massive blizzards that paralyzed much of the US East Coast in the past few days are likely to cause "multi-billion" dollar economic losses in one of the worst storms in the region in over a century, reinsurance broker Aon Benfield said on Monday.
25 January 2016, 18:00 PM

How the tech behind Bitcoin could change the world

BLOCKCHAIN - the technology underpinning digital currency Bitcoin - has been in the news lately.
25 January 2016, 18:00 PM

Foreign firms eye new Myanmar telecoms licence

SEVEN foreign firms are interested in bidding for Myanmar's fourth telecoms licence, a government official said on Monday, as the
25 January 2016, 18:00 PM

Beijing struggles to plug capital flight

AS a slick slide presentation runs for the well-heeled investors jammed into the banqueting hall of Shanghai's Renaissance Yangtze Hotel, an image flashes up of a grinning Chinese man pushing a wheelbarrow full of cash into Europe.
25 January 2016, 18:00 PM

CEO announces major shakeup at Twitter

Twitter is overhauling its top management said CEO Jack Dorsey, who announced the shakeup Monday as the social network struggles to
25 January 2016, 18:00 PM

Google to face grilling by UK lawmakers over tax deal

A British parliamentary committee will ask Google to testify about a back tax deal under which it will pay 130 million pounds ($185
25 January 2016, 18:00 PM

Japan's 2015 trade deficit narrows on oil price tumble

Japan's trade deficit narrowed sharply in 2015 as tumbling oil prices took pressure off its soaring post-Fukushima energy import bill,
25 January 2016, 18:00 PM

German business confidence hits 11-month low

The outlook for the German economy, Europe's biggest, clouded over significantly in January as business confidence fell to its lowest level in 11 months, the Ifo economic institute said on Monday.
25 January 2016, 18:00 PM

Daimler CEO says Apple, Google making progress on car

Daimler Chief Executive Dieter Zetsche told German weekly Welt am Sonntag that a recent trip to Silicon Valley revealed that Apple and Google have made more progress on automotive projects than he had assumed
24 January 2016, 18:00 PM

India roars back to Davos to seek overseas investment

Colourful lions adorn a salon on the main street of Davos, inviting visiting business leaders to "Make in India".
24 January 2016, 18:00 PM

Oil wealth a blessing, energy dependence a curse for Russia's economy

Abundant oil and gas deposits have been a blessing for Russia, but they now feel like a curse as low prices propel the country into a deep economic crisis that shows no signs of abating.
24 January 2016, 18:00 PM

Senior lawmaker urges UK banks to invest in IT to prevent failures

Britain's banks need to dedicate far greater resources towards securing their IT infrastructure and should have a designated board member overseeing the issue, a senior lawmaker said, following a string of high-profile technology failures.
24 January 2016, 18:00 PM

US farmers forced to sell grain at low prices

Facing mounting bills and nervous creditors, US farmers are beginning to sell off their crop stockpile - sometimes at a loss - and easing a months-long logjam prompted by the lowest grains prices in at least five years.
24 January 2016, 18:00 PM

Stock markets rise as recovery continues

Shares across Europe have risen, helped by a rally in oil prices and hopes of more stimulus action by central banks.
22 January 2016, 14:11 PM

No global meltdown, EU growth outlook unchanged

CENTRAL banks still have more firepower they can use to counter a slowdown in global growth, which does not change the outlook for recovery in the euro zone, European Economics Commissioner Pierre Moscovici said on Wednesday.
20 January 2016, 18:00 PM