Thu04272017

LAST_UPDATEThu, 27 Apr 2017 9am

Nigerian Tycoon Aliko Dangote To Become World's Top Rice Exporter By 2021, Says AFDB President

Aliko Dangote.

ABUJA -- The President of the African Development Bank (AfDB), Akinwumi Adesina, says Nigerian tycoon Aliko Dangote will become the largest exporter of rice in the world by 2021.

Read more: Nigerian Tycoon Aliko Dangote To Become World's Top Rice Exporter By 2021, Says AFDB President

UK Contradicts EU Over Location Of Agencies After Brexit

The future location of the two EU agencies based in London will be a matter for Brexit negotiations, the British government’s Brexit department said on Monday, despite statements by EU officials that there was no doubt the organisations would be moved.

Read more: UK Contradicts EU Over Location Of Agencies After Brexit

Brazil Central Bank Chief Cancels IMF Trip For Health Reasons

Pic: Reuters

Brazil's Central Bank President Ilan Goldfajn has canceled a trip to the United States this week due to a health emergency related to a herniated disc, which has prevented long flights.

Read more: Brazil Central Bank Chief Cancels IMF Trip For Health Reasons

U.S. Vice President Pence Says South Korea-U.S. Free Trade Agreement To Be Reviewed, Reformed

Pic: Reuters

U.S. Vice President Mike Pence told business leaders in Seoul on Tuesday that the Trump administration will review and reform the five-year-old free trade agreement between the two countries.

Read more: U.S. Vice President Pence Says South Korea-U.S. Free Trade Agreement To Be Reviewed, Reformed

Boeing Laying Off Hundreds More Engineers

Boeing Co. plans to lay off hundreds of engineers amid slowing aircraft sales, the company announced Monday.

Read more: Boeing Laying Off Hundreds More Engineers

Japan Jet May Not Make Money, But Aims To Revive Dormant Industry

The Mitsubishi Regional Jet (MRJ) has been delayed five times and faces rising costs, yet its future as the vanguard of Japanese-built passenger jets seems assured by the corporate muscle behind it and a government set on reviving an aerospace industry dismantled after World War Two.

Read more: Japan Jet May Not Make Money, But Aims To Revive Dormant Industry

China Plans Two Million New Units Of Public Housing For 2017: Xinhua

Pic: Reuters

China plans to build two million units of public rental housing this year to provide affordable homes for low-income groups, the official Xinhua news agency said on Monday.

Read more: China Plans Two Million New Units Of Public Housing For 2017: Xinhua

Anzo Holdings Bhd To Undertake [email protected] Northgate Project

KUALA LUMPUR: Anzo Holdings Bhd's unit Harvest Court Construction Sdn Bhd (HCCSB) has received a Letter of Intent (LOI) to undertake the construction of [email protected] Northgate mixed development project.

Read more: Anzo Holdings Bhd To Undertake [email protected] Northgate Project

Undaunted By Oil Bust, Financiers Pour Billions Into U.S. Shale

Pic: Reuters

Investors who took a hit last year when dozens of U.S. shale producers filed for bankruptcy are already making big new bets on the industry's resurgence.

Read more: Undaunted By Oil Bust, Financiers Pour Billions Into U.S. Shale

Steel, Stimulus Drive China's Strongest Economic Growth Since 2015

Pic: Reuters

China's economy expanded faster than expected in the first quarter as higher government infrastructure spending and a gravity-defying property boom helped boost industrial output by the most in over two years.

Read more: Steel, Stimulus Drive China's Strongest Economic Growth Since 2015