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Bahrain looks to Miami business, PortMiami accord

Written by Gabriela Henriquez Stoikow  on June 22, 2021 Advertisement Bahrain may seek a memorandum of understanding with PortMiami to promote trade opportunities and share best customer practices, the kingdom’s ambassador to the United States said here Monday. When asked about the possibility of opening a consulate in Miami, Ambassador Shaikh Abdullah R. Al Khalifa […]

Dollar edges higher before Powell’s testimony; Bitcoin drops

NEW YORK: The dollar edged higher on Tuesday before Federal Reserve Chair Jerome Powell will testify before Congress, with investors anxious to see whether Powell pushes back against the view that the Fed is likely to raise rates sooner than previously expected as inflation rises. The dollar has surged since the U.S. central bank on […]

Daimler wants to produce its own battery cells – Business Insider

Daimler AG sign is pictured at the IAA truck show in Hanover, Germany, September 22, 2016. REUTERS/Fabian Bimmer/File Photo BERLIN, June 22 (Reuters) – German luxury carmaker Daimler AG (DAIGn.DE) wants to manufacture its own battery cells, Business Insider reported on Tuesday, citing company sources. Daimler struck a deal to buy lithium-ion battery cells from […]

Asian stocks rebound as oil hits two-year high

Stocks across Asia-Pacific jumped following a rebound on Wall Street and oil rose to its highest level in two years as investors were reassured by signals that the Federal Reserve would continue to support the economic recovery from the coronavirus pandemic. In afternoon Asia trading on Tuesday, Japan’s Topix rose 3.1 per cent and Australia’s […]