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  • But rather than extending its super-charged rally, nickel has retreated from the highs in both London and Shanghai, a telling sign of bull exhaustion. This particular chapter in the nickel story, nevertheless, is far from over, the original Shanghai surge morphing into a London squeeze. Shanghai has led London on the move higher, particularly during the...

  • CAIRO, Sept 19- Halan, an Egyptian technology start-up that uses two- and three-wheeled vehicles to transport passengers and goods, will begin operating in Ethiopia before the end of 2019, its chief executive told Reuters. Founded in November 2017, it already operates in around 20 to 25 cities in Egypt and Sudan. "Adama is a very small place in Ethiopia, about 150 km...

  • JAKARTA, Sept 19- During Southeast Asia's dry season, farmers in Indonesia and other countries clear land using fire, often for palm and wood pulp plantations, with flames frequently raging out of control to produce a choking haze that spreads across the region. Here are some facts about the fires, and the haze affecting Indonesia, Malaysia, Singapore and other...

  • The Bank Indonesia headquarters stand in Jakarta, Indonesia

    Indonesia's central bank said on Thursday it would relax some lending rules, effective later this year, to provide further support to economic growth after announcing its third rate cut since July.

  • The logos of QQ Music, Kugou and Kuwo are seen on the screen of an iPhone on June 12, 2018 in Paris, France. QQ Music, Kugou and Kuwo are the three streaming Chinese music services owned by Tencent.

    Besides China, the WeSing app is available in the Philippines, Indonesia, Thailand and Malaysia.

  • JAKARTA, Sept 19- Indonesia could take at least 12 years to complete a program of replanting palm-growing areas after a farm ministry official said it was revising down annual targets, due to difficulties smallholders faced in proving they were eligible for the scheme. As part of its subsidized program to replace smallholders' old trees with new ones using...

  • LONDON, Sept 18- Virgin Atlantic said on Wednesday it is hoping to add over 80 new routes to its network after a third runway is built at London's Heathrow Airport to challenge British Airways owner IAG's dominance at the airport. "Heathrow has been dominated by one airline group for far too long," said Shai Weiss, chief executive at Virgin Atlantic.

  • KUALA LUMPUR/ JAKARTA, Sept 18- Malaysia's Malindo Air, a subsidiary of Indonesia's Lion Group, said on Wednesday it was investigating a data breach involving the personal details of its passengers. Malindo Air's statement followed a report by Moscow- based cybersecurity firm Kaspersky Lab that the details of around 30 million passengers of Malindo and fellow...

  • CHICAGO, Sept 17- A lawyer for victims of Ethiopian Airlines Flight 302 said on Tuesday he wants Boeing Co and the U.S. Federal Aviation Administration to hand over documents about the decision to keep the Boeing 737 MAX in the air after a deadly Lion Air crash last October. A week after Lion Air Flight 610 nose-dived into the Java Sea, killing all 189 aboard, the FAA...

  • Southwest Airlines Boeing 737 MAX aircraft are parked on the tarmac after being grounded, at the Southern California Logistics Airport in Victorville, California on March 28, 2019.

    Southwest is the airline that brought low-cost travel to the masses with a simple strategy: Operate one kind of plane, offer only coach class, no meals, and fly to secondary airports. Since its first flight in 1971, Southwest has grown to carry more passengers in the U.S. than any other. But now the maker of the only type of plane it has ever flown — the Boeing 737 — is in crisis. Boeing's 737 Max planes have been grounded since March 2019 following its second crash in less than five months.

  • SINGAPORE/ LONDON, Sept 16- Oil prices surged nearly 20% at one point on Monday, with Brent crude posting its biggest intraday gain since the Gulf War in 1991, after an attack on Saudi Arabian oil facilities at the weekend halved the kingdom's production. Brent crude futures, the international benchmark, rose as much as 19.5% to $71.95 per barrel, the biggest...

  • *Bleak China data raises stimulus hopes from Beijing. Further inflaming geopolitical tensions in the region, Trump said the United States was "locked and loaded" for a potential response to the strikes. "Emerging market FX would be the immediate casualty, especially those affected by large oil import bills, with flight to safety expected to support gold and...

  • Drivers for GrabFood line up to collect orders at a Pisang Goreng Bu Nanik store in Jakarta, Indonesia.

    Grab's food business started in 2016, but it expanded broadly across Southeast Asia last year after the start-up acquired Uber's regional operations.

  • The GCAA will conduct its own assessment to allow the MAX to return to UAE airspace, rather than follow the FAA, Director General Said Mohammed al-Suwaidi told reporters in Dubai. He said the GCAA would look at the FAA decision and that the UAE regulator had so far not seen details of Boeing's fixes. The FAA has traditionally taken the lead on certifying Boeing jets,...

  • CHICAGO, Sept 13- Boeing Co's best-selling jet, the 737 MAX, was grounded globally in March, days after the crash of an Ethiopian Airlines flight that followed a similar Lion Air disaster in Indonesia in October. Federal officials say it may not occur until October and the FAA may not give the green light to resume flights until November. Boeing and FAA pilots have...

  • JAKARTA, Sept 13- Indonesia will raise the minimum price of cigarettes by more than a third from January next year, a finance ministry spokesman said on Friday, as part of the government's efforts to reduce smoking rates. Nearly 70% of adults smoke in Indonesia, according to the World Health Organization- one of the highest rates in the world- and tobacco kills...

  • LONDON, Sept 13- Copper hit the highest in 1-1/ 2 months on Friday as investors hoped an easing of trade tensions between the United States and China might eventually boost metals demand. China will exclude some agricultural products from additional tariffs on U.S. goods, China's official Xinhua News Agency reported on Friday. The move came after the two sides...

  • LONDON, Sept 12- Copper jumped to its highest level in six weeks on Thursday after the United States said it would delay imposing a new round of tariffs on China, raising hopes that a thawing of tensions would bode well for demand for the metal. It is also mainly consumed in China. "Sentiment from market participants is a little bit better due to the news in the trade...

  • *Indonesia will consider expediting an export ban on minerals such as bauxite, tin, and alumina, among others, subject to the scale of investment, a senior minister said on Thursday. *Under the current rules, exports of bauxite is allowed till January 11, 2022. Coordinating Maritime Affairs Minister Luhut Pandjaitan told reporters when asked about a timeline.

  • SHANGHAI, Sept 12- U.S. e-cigarettes maker Juul Labs Inc, which faces a widening crackdown on vaping at home, has entered China, with online storefronts on e-commerce sites owned by Alibaba Group and JD.com to tap the worlds largest market of smokers. Juul, in which tobacco giant Altria Group owns a 35% stake, has been launching its products in international markets...