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Friday 18th January 2019 | 01-17-2019

Contents

Business Group Wants National Shipbuilding Strategy Reopened for Quebec Shipyard

A Quebec-based business association*claiming to represent over 1,000 companies inside and outside the province*is launching a high-profile campaign to convince the Liberal government to reopen the oft..

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Asia Shares Mixed as Investors Sift through Fresh Brexit Uncertainties; Pound Holds at..

Asia Pacific markets traded mixed on Wednesday despite an overnight rally on Wall Street as investors sifted through fresh uncertainties surrounding the U.K.'s withdrawal from the European Union. Jap..

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White House Considering former PepsiCo CEO Indra Nooyi to Head World Bank: New York Times

Chairman and CEO of PepsiCo Indra Nooyi speaks at The New York Times DealBook Conference Indra Nooyi, the former PepsiCo CEO, is reportedly being considered to become the next head of the World Bank...

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How Could the Partial U.S. Government Shutdown End? 5 Scenarios

Nearly two weeks ago, U.S. President Donald Trump admitted telling Democrats that the partial shutdown of the U.S. government*— now the longest in history*— could go on for "months or even years" if t..

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Oil falls 1 Percent on Concerns about China Slowdown

NEW YORK - Oil prices fell about 1 percent on Monday, pressured by data showing weakening imports and exports in China that raised new worries about a global economic slowdown hurting crude demand. ..

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World Bank Warns of “Storm Clouds” over Global Economy

The World Bank has added its voice to those warning of a worsening outlook for the global economy this year, amid signs that some major economies could experience a recession. In its Global Economic ..

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Ivanka Trump to Help Choose New World Bank President

WASHINGTON — Ivanka Trump, the president’s eldest daughter and senior adviser, will play a role in helping to select the next head of the World Bank, the White House said Monday. Ms. Trump, who had b..

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IMF: Nigeria, other African Economies to Grow 3.8%

The economies of Nigeria and other sub-Saharan Africa countries will be home to several of the world’s fastest-growing economies this year, the International Monetary Fund (IMF) said yesterday. The re..

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Airlander 10: World's longest aircraft grounded

The world's longest aircraft has been permanently grounded as developers prepare to start work on a new model. The £32m Airlander 10 - a combination of plane and airship - had completed six test flig..

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Small UAE Lenders to Merge amid Regulatory Pressure

DUBAI: Smaller banks in the UAE are facing regulatory pressure to merge after the fallout from a property downturn forced the state to lead a bailout of Invest Bank last month. The UAE has 50 commerc..

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Nissan Top Executive Munoz Resigns amid Broadened Ghosn Probe

TOKYO: One of Nissan’s top executives has resigned, further rattling the Japanese automaker’s management team as it broadens an investigation into ousted Chairman Carlos Ghosn’s alleged financial misc..

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Danone Morocco Saga Highlights Enduring Role of Consumer Boycott

LONDON: In April, a series of posts appeared on Facebook and Twitter, urging the people of Morocco not to buy Danone brand fresh milk as a protest against the company’s high prices. Within weeks, Cen..

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Apple Demanded $1 Billion for Chance to Win iPhone Chip Contract, Qualcomm CEO Testifies

SAN JOSE, California: Qualcomm sought to become the sole supplier of modem chips for Apple’s iPhone to recoup a $1-billion “incentive payment” that Apple insisted on, not to block rivals from the mark..

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Alibaba Buys German Data Analysis Start-up

BERLIN: China’s Alibaba Group Holding has acquired German data analysis firm Data Artisans, the Berlin-based startup said, in a deal reported to be worth around 90 million euros ($103 million). The t..

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Sunflower Cultivation Can Boost the Economy a Good Deal, Businessman

KHARTOUM - Sunflower is a perennial crop*with a high economic nutritional value in the Sudan. Sudan’s favorable weather conditions and its suitable soil, in particular the central clay plains,*encoura..

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Sudan Foundation Assembly Discusses Fiscal Performance and Annual Report

Khartoum-Sudan Foundation will discuss today Sunday 13th January 2019, its annual Assembly to discuss and approve the annual performance and the annual fiscal report. The meeting will review the stra..

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S. Sudan Resumes Oil Production in Northern Region

JUBA - South Sudan has resumed oil production in the northern Unity region after disruption by a five-year old conflict which damaged oil wells. Ezekiel Lol Gatkuoth, minister of petroleum, revealed..

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Oil, Gas and Minerals, Visits Red Sea State

Khartoum-Minister of Oil, Gas and Minerals, Geologist Consultant, Azhari Abdul Gadir Abdallah, said that his ministry is working to find out solutions to all problems facing the mining sector. He expl..

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Investment Opportunities in Kassala State Discussed

Khartoum-Governor of Kassala State Adam Jamaa and the Minister of Production and Economic Resources, Abdallah Mohamed Dirif, have discussed the investment opportunities in the state that would be pres..

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Khartoum State Health Ministry Bans Cash Payment to Ratify Health and Pharmaceutical..

Khartoum - The Ministry of Health in Khartoum State Mamoun Humaida has issued a decree to activate the Khartoum Legislative Council 2019 act which regulate the fees and licenses that governs the estab..

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