Business

Global stocks likely to register longest losing streak of 2018

By The Frontier Post | April 25, 2018

LONDON (Reuters) – World shares were on their longest losing streak of the year on Wednesday, as a rise in U.S. bond yields above 3 percent and warnings from top global firms about rising costs fed fears a boom in earnings may have peaked. ll eyes will be on scandal-hit social media firm Facebook later […]

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Audi eyeing to double China production in five years

By The Frontier Post | April 25, 2018

Monitoring Desk BEIJING: German luxury carmaker Audi AG aims to double China production with local partner China FAW Group Corp Ltd within five years, its chief executive said on Wednesday, as global automakers look to localize in the world’s largest vehicle market. Speaking at the Beijing auto show, Audi head Rupert Stadler said the automaker would […]

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Stock markets climb as traders track US rate outlook

By The Frontier Post | April 25, 2018

Monitoring Desk LONDON: Stock markets mainly rose on Tuesday as traders reacted largely to the outlook for US interest rates. The euro pulled back versus the dollar, which had risen Tuesday on the prospect of a sharp rise in American borrowing costs according to analysts. While the corporate earnings season is maintaining traders’ attention, Friday’s […]

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