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Business : Page 7

Two of China's largest banks moving to Greece
Bank of ChinaNovember 4, 2019 ET
Two of China\'s biggest banks plan to do business in Greece, the Bank of Greece, has announced.
Road and bridge upgrades improving transport in Nepal
Prithvi HighwayNovember 4, 2019 ET
New road and bridge upgrades are being introduced in Nepal that will help improve transport and develop the country’s economy.
Indian ships to ban single use plastics from January 1
Indian shipNovember 4, 2019 ET
From January 1, Indian ships will prohibit on board a large number of single-use plastic products.
Highlights: October 28 - November 2, 2019
HighlightsNovember 4, 2019 ET
The most interesting business stories that marked last business week.
Saudi Arabia starts IPO of Saudi Aramco
Saudi AramcoNovember 3, 2019 ET
Saudi Aramco started its initial public offering (IPO) on Sunday, announcing its intention to list on the domestic bourse.
Heavy industry to cut 2 million tonnes of carbon emissions in UK
UK heavy industryNovember 3, 2019 ET
The UK government is on the hunt for the most effective ways to help cut industrial greenhouse gas emissions, as part of a £315 million investment drive in decarbonising heavy industry to help reach net zero by 2050.
Russia to invest national pension savings in Saudi oil industry
Saudi AramcoNovember 3, 2019 ET
The Russian population’s pension savings will be used to purchase shares in the initial public offering (IPO) of the Saudi Arabian oil company Saudi Aramco, which will finally take place in December, after three years of delays, reports
Surprise for United Auto Workers: Gary Jones takes paid leave amid FBI investigation
Gary JonesNovember 2, 2019 ET
The United Auto Workers union announced on Saturday that its president, Gary Jones, is taking a paid leave of absence amid a federal corruption investigation.
$453.2m pact signed to develop hydropower project in Nepal
Nepal waterNovember 2, 2019 ET
The Nepal Water and Energy Development Company (NWEDC) inked a financing agreement with nine international lenders for loan financing of Upper Trishuli-1 (UT-1) Hydropower Project amounting to $453.2 million.
Internet security law comes into force in Russia
Putin supportersNovember 2, 2019 ET
The law ensuring security and availability of the Russian Internet (Runet) in case of its isolation from the global network came into force on Friday.
Norway's CO2 emissions reach lowest level since 1995
Norwegian fuelNovember 2, 2019 ET
Latest statistics showed that Norway\'s emissions last year were the lowest since 1995, news agency NTB reported.
WTO: China may levy over $3bn in annual U.S. trade sanctions
China port containersNovember 1, 2019 ET
A World Trade Organization (WTO) panel said that China is entitled to slap compensatory sanctions on United States imports worth $3.579bn annually.
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