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Business : Page 6

Zimbabwe to introduce new currency in November
Reserve Bank of ZimbabweOctober 5, 2019 ET
The Reserve Bank of Zimbabwe will introduce a new currency in November, a member of the bank\'s Monetary Policy Committee, Eddie Cross, has told State broadcaster Zimbabwe Broadcasting Corporation (ZBC).
U.S. oil drillers cut rigs for seventh week in a row
Oil drillersOctober 4, 2019 ET
U.S. energy firms this week reduced the number of oil rigs operating for a seventh week in a row.
Norwegian Competition Authority initiates investigation in retail fuel market
Norwegian fuelOctober 4, 2019 ET
The Authority has initiated the investigation based on findings from the continuous market monitoring of this market.
Home and motor insurance competition not working well in UK
UK carOctober 4, 2019 ET
The FCA has published the interim report of its market study into the pricing of home and motor insurance.
Macao's land containerized cargo soars by 80.3 percent in August
Container in MacaoOctober 4, 2019 ET
The gross weight of containerized cargo to Macao by land in August soared by 80.3 percent year-on-year to 2,101 tonnes, the special administrative region\'s statistic service said.
FTC to study e-cigarette manufacturers’ sales, advertising, and promotional methods
VapingOctober 4, 2019 ET
The Federal Trade Commission has issued orders to six e-cigarette manufacturers seeking information to study the companies’ sales, advertising, and promotional methods.
Benchmark mortgage rate edges up in U.S. home market
U.S. homebuilderOctober 4, 2019 ET
The mortgage rate rose slightly in the United States last week, the U.S. Federal Home Loan Mortgage Corporation, commonly known as Freddie Mac, said.
Risk of shortages of raw materials for battery production rises, says German study
Lithium-ion batteries factoryOctober 4, 2019 ET
An adequate supply of raw materials for batteries was becoming increasingly harder, according to a study by the German Economic Institute (IW) and the Bavarian Industry Association (vbw).
Four new solar projects in Virginia
Virginia solarOctober 4, 2019 ET
The Virginia Department of Environmental Quality (DEQ) has issued permits for the construction and operation of four new solar projects across the Commonwealth.
Game developer AlphaDream files for bankruptcy
Mario and LuigiOctober 3, 2019 ET
The company behind the Mario and Luigi RPG series, AlphaDream, has filed for bankruptcy.
Venezuela to use cryptocurrency to neutralize black markets
Nicolas MaduroOctober 3, 2019 ET
Venezuela\'s oil-backed cryptocurrency Petro entered the global markets in an effort to stabilize the country\'s fragile economy affected by ongoing political crisis and U.S. sanctions.
Activity in UK construction declines at second-sharpest pace since April 2009
UK home for saleOctober 3, 2019 ET
The UK construction sector remained firmly stuck in a downturn at the end of the third quarter.
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