Business Blog

BRIEF-Oriental Yuhong Waterproof Tech in deal to invest 1.5 bln yuan in waterproof materials project

June 20 (Reuters) - Beijing Oriental Yuhong Waterproof Technology Co Ltd 002271.SZ * Says signs agreement to invest 1.5 billion yuan ($241.58 million) in waterproof materials project Source text in Chinese: http://bit.ly/1laRDxu Further company...

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Sri Lankan shares down on telecommunications, hotels; foreigners sell

COLOMBO, June 20 (Reuters) - Sri Lankan shares fell for the third straight session on Friday to a more than one-week closing low as foreign investors offloaded telecommunications and hotel stocks. However, analysts said the index would be on a slow...

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U.S./Canada daily earnings hits & misses June 20 - 0800 ET

June 20 (Reuters) - The following U.S.-listed companies reported earnings on Friday. This list shows whether they beat, met or missed Wall Street analysts' forecasts. It also shows the difference between analysts' expectations and reported...

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GLOBAL MARKETS-Iraq worries keep oil near $115 a barrel

* World share index rises to record, Japan stocks at 5-month high* Gold near two-month high after short-covering rally* U.S. bond yields up as Fed seen comfortable with rising inflationBy Patrick GrahamLONDON, June 20 (Reuters) - Oil traded at close to nine-month highs on Friday, on course for a second week of gains, as violence in Iraq raised worries over supplies. Stock markets remained upbeat.B
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ADIB & Thomson Reuters announce global awards for ethical finance and Islamic banking innovation

Following the success of the inaugural Ethical Finance Innovation Challenge and Awards (EFICA) in 2013, Abu Dhabi Islamic Bank (ADIB) and Thomson Reuters have announced that the awards for the 2014 awards are now open for submission.

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Thai junta acts to stem worker exodus

Stampede has laid bare tensions between Thailand’s reliance on foreign labour and the coup leaders’ agenda of stoking nationalism

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