Malaysia shuts nearly 500 schools in second episode of toxic fumes

Tue, Jun. 25, 2019

Malaysia has ordered nearly 500 schools and kindergartens to close until Thursday.

BMW's hybrid cars to switch to electric only mode in polluted cities

Tue, Jun. 25, 2019

BMW’s efforts to optimize the environmental impact of hybrid cars comes as the auto industry struggles to sell purely electric vehicles.

SNB director says 'relaxed' about Facebook’s Libra project

Tue, Jun. 25, 2019

The Swiss National Bank’s Thomas Moser, said on Tuesday at an event in Switzerland that he is “relaxed” about Facebook Inc’s Libra project.

Trade stress, Iran tensions hits stocks, dollar frets on Fed doves

Tue, Jun. 25, 2019

European shares were spooked by Iran tensions and trade jitters on Tuesday.

Oil prices in balance between demand worries, U.S.-Iran tensions

Tue, Jun. 25, 2019

Oil prices hung in the balance on Tuesday as concerns over declining crude demand were offset by risks to supply linked to new U.S. sanctions on Iran.

Dollar crumbles to new lows vs euro, yen on rate cut bets

Tue, Jun. 25, 2019

The U.S. dollar fell to a three-month low against the euro and dropped to its weakest against the Japanese yen since early January.

PM, Germany’s Siemens officials discuss boosting bilateral cooperation

Tue, Jun. 25, 2019

Madbouli had talks on Tuesday with officials of Germany’s Siemens company on boosting bilateral cooperation and the company's planned investments in Egypt.

Egypt allocates LE41.7B for investments in Upper Egypt

Tue, Jun. 25, 2019

Egypt allocated LE 41.7 billion of 2019/2020 budget’s plan to government investments in Upper Egypt governorates.