Business

Terry Holohan (Source: Resolute Mining Ltd.)  BAMAKO, Mali — The chief executive officer (CEO) and two employees of Australian company Resolute Mining, which owns a gold mine in Mali, were detained while in Bamako to discuss disputes with the authorities, the firm said on Sunday. It is the second time …

Storage tanks for crude oil, gasoline, diesel, and other refined petroleum products are seen at the Kinder Morgan Terminal, viewed from the Phillips 66 Company’s Los Angeles Refinery in Carson, California, U.S., March 11, 2022. REUTERS/Bing Guan/File Photo  SINGAPORE — Oil prices extended declines on Monday as the threat of …

TOKYO — The Bank of Japan (BOJ) hopes to maintain its 2-percent inflation target even if climate change causes long-term shocks to future price developments, Governor Kazuo Ueda said on Saturday. But Ueda said the BOJ will “monitor carefully” how the economic impact of climate change, as well as the …

WASHINGTON — Minneapolis Federal Reserve President Neel Kashkari said he was not concerned about a potential clash between the Fed and President-elect Donald Trump because both major US political parties want lower inflation. “I am not concerned about the dynamics in Washington,” following Tuesday’s (Wednesday in Manila) election of Trump, …

The logo of Taiwan Semiconductor Manufacturing Co (TSMC) is pictured at its headquarters, in Hsinchu, Taiwan, January 19, 2021. REUTERS/Ann Wang/File Photo NEW YORK/SINGAPORE — The United States has ordered Taiwan Semiconductor Manufacturing (TSMC) to halt shipments of advanced chips to Chinese customers that are often used in artificial intelligence …

(Anadolu photo) ISTANBUL – Global food prices reached an 18-month high in October, rising 2 percent from September, the UN’s Food and Agriculture Organization (FAO) reported on Friday. All major food commodities, except meat, saw price increases in October, with vegetable oils experiencing the largest rise at 7.3 percent, according to …

Buys 130 Puremart store from Co family for P567 million Puregold Price Club Inc., the grocery retail leader controlled by tycoon Lucio Co, reported a 4.5 percent growth in consolidated net income to P6.9 billion in the first nine months of 2024, up from P6.6 billion in the same period …

Canada’s unemployment rate was unchanged in October at 6.5 per cent, while job growth was little changed from the previous month, Statistics Canada said Friday.  Total hours worked were up 1.6 per cent year-over-year. Canada’s unemployment rate was unchanged in October at 6.5 per cent, while job growth was little …

Marketplace hits the grocery aisles to debunk food marketing claims and expose Canada’s weak labelling rules. From “cholesterol free” to “made with real ginger,” we reveal what’s really in our food.  Consumers not always left with a clear understanding of what they’re getting. Emily Scott grew up drinking ginger beer …

BEIJING — China is expected to unveil a huge support package for the struggling economy on Friday as officials wrap up a key meeting with an eye on the possibility of intensified trade tensions with US President-elect Donald Trump. Economists predict Beijing will approve hundreds of billions of dollars of …