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China President Xi welcomed in Senegal at start of Africa trip


DAKAR China's President Xi Jinping arrived in Senegal on Saturday for a two-day visit to sign bilateral deals, the first leg of an Africa tour at time when the continent is awash with cheap Chinese loans in exchange for minerals and construction contracts.

Britain's IWG gives three suitors more time to make takeover offers

LONDON London-listed serviced office provider IWG has given three of its four suitors more time to make firm offers or walk away from bids for the company, the firm said on Saturday.

11:28am EDT

Japan Inc to chase casino stakes as key law passes: industry insiders

TOKYO Japanese firms are likely to pursue stakes in the country's first casino resorts, after parliament on Friday enacted a law smoothing the way for large-scale gambling - a business expected to generate billions of dollars in revenue. | Video

12:54am EDT

'Coworking' surge in Manhattan raises asset-liability quandary

NEW YORK The amount of office leasing by "coworking" firms in Manhattan is nearing 10 percent of all new leases, a sign of growing demand for short-term contracts by companies seeking workspace but a warning for a potential mismatch in assets and liabilities.

Jul 20 2018

RBS to close small firms redress scheme to new claims

LONDON Royal Bank of Scotland said a scheme to compensate small firms hurt by its restructuring unit will close to new complaints after it paid out just 10 million pounds ($13 million) so far for direct losses.

Jul 20 2018

Australia, Britain ready to agree free trade deal: minister

LONDON Australia and Britain are ready to agree a free trade deal as soon as circumstances allow, Australian minister for foreign affairs Julie Bishop said on Friday.

Jul 20 2018

Irish residential property slows in May

DUBLIN Irish house prices grew 12.4 percent in the year to May, down from 13.5 percent in the year to April as Central Bank rules limit leverage levels.

Jul 20 2018

Lloyd's insurer Beazley frets about a hard Brexit as first-half profit slumps

Lloyd's of London insurer Beazley Plc's first-half profit slumped as its bond portfolio took a hit from higher U.S. interest rates, while the company also warned a "hard" Brexit could prove very expensive for Britain's insurance sector.

Jul 20 2018

Dubai recipe for economic success looks stale as markets slump

DUBAI In Dubai's posh Jumeirah Beach Residence district, luxury apartment rents are down about 15 percent from a year ago - a sign, some fear, that the wealthy emirate's recipe for economic success is getting stale.

Jul 20 2018

Shanghai rebar posts biggest weekly jump since June on output curbs

BEIJING Shanghai rebar futures recovered from early falls on Friday, extending gains into a third session and marking their biggest weekly jump in seven on concerns about lean supply.

Jul 20 2018