Saudi Arabia showcases $53B in deals at conference

DUBAI, United Arab Emirates (AP) — Saudi Arabia has announced nearly 40 agreements worth $53 billion, billed as the latest effort by Crown Prince Mohammed bin Salman to attract investment, create jobs and diversify revenue away from... Source: NZ Herald Business News

By | January 28th, 2019|Business|0 Comments

Despite privacy scandals, Google and Facebook keep pulling in ad money

Concerns over privacy and regulation aren't hurting Facebook and Google where it matters - their multibillion dollar advertising businesses.As the internet giants prepare to report fourth-quarter earnings, most industry analysts... Source: NZ Herald Business News

By | January 28th, 2019|Business|0 Comments

Indiana lawmaker seeks to eliminate state child labor laws

INDIANAPOLIS (AP) — An Indiana lawmaker's efforts to eliminate the state's child labor laws have raised conflict of interest concerns because he employs hundreds of minors at a ski resort. The Indianapolis Star reports... Source: NZ Herald Business News

By | January 28th, 2019|Business|0 Comments

Thousands of fish die in 3rd mass death in Australian river

CANBERRA, Australia (AP) — Hundreds of thousands of fish have died in the third mass kill on a stretch of a major Australian river in recent weeks that local officials blame on drought but critics say at least partly stems from water... Source: NZ Herald Business News

By | January 28th, 2019|Business|0 Comments

Trump warns Europeans not to try to evade Iran sanctions

WASHINGTON (AP) — The Trump administration is closely eyeing efforts in Europe to set up an alternative money payment channel to ease doing business with Iran and avoid running afoul of sanctions the U.S. has levied on the Islamic... Source: NZ Herald Business News

By | January 28th, 2019|Business|0 Comments

Big donors on the sidelines in early days of 2020 primary

WASHINGTON (AP) — The presidential primary is jolting to life without a traditional mainstay: the big money donor class. More specifically, their contribution checks.With as many as two dozen Democrats potentially running for the... Source: NZ Herald Business News

By | January 28th, 2019|Business|0 Comments

Mark Fowler: The potential effects of RBNZ capital proposals

COMMENT: In December the Reserve Bank of New Zealand (RBNZ) released a discussion paper concerning proposed changes to bank capital requirements.In essence, the proposal would see banks having to almost double the levels of capital... Source: NZ Herald Business News

By | January 28th, 2019|Business|0 Comments

Survey of economists: US recession unlikely within 12 months

WASHINGTON (AP) — A majority of business economists foresee no recession in the United States within the next 12 months but do predict a slowdown in growth this year.A survey by the National Association for Business Economics finds... Source: NZ Herald Business News

By | January 28th, 2019|Business|0 Comments

List of regulation rollbacks for oil, gas and coal industry

Under President Donald Trump, federal agencies have moved to roll back regulations for companies that extract, transport and burn oil, gas and coal. Government analyses show companies will save billions of dollars in compliance costs,... Source: NZ Herald Business News

By | January 27th, 2019|Business|0 Comments

Trump rollbacks for fossil fuel industries carry steep cost

BILLINGS, Mont. (AP) — As the Trump administration rolls back environmental and safety rules for the energy sector, government projections show billions of dollars in savings reaped by companies will come at a steep cost: more premature... Source: NZ Herald Business News

By | January 27th, 2019|Business|0 Comments