MONEY

France aims to grow new crop of farmers

They bandy about terms like “co-working” but instead of coding and developing algorithms in open space offices they work out in the open trying to tease tomatoes from the soil.

AGENCE FRANCE-PRESSE, Aug 20 2018

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Nepal’s continued love affair with two-wheelers

Two-wheelers continue to be a popular mode of transportation for people in Nepal with import figures surging in the fiscal year 2017-18.

Post Report, Aug 20 2018

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China shows off automated doctors, teachers and combat stars

Robots that can diagnose diseases, play badminton and wow audiences with their musical skills are among the machines China hopes could revolutionise its economy, with visitors to a Beijing exhibition offered a glimpse of an automated future.

AGENCE FRANCE-PRESSE, Aug 20 2018

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‘No Opec member can take over its share of oil exports’

Iran told Opec on Sunday no member country should be allowed to take over another member’s share of oil exports, expressing Tehran’s concern about Saudi Arabia’s offer to pump more oil in the face of US sanctions on Iranian oil sales.In a meeting with Opec Secretary-General Mohammad Barkindo, a senior Iranian diplomat urged him to keep the group out of politics.

REUTERS, Aug 20 2018

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UK’s richest man under the spotlight

Reclusive titan of industry Jim Ratcliffe has found himself under unusual scrutiny after being declared Britain’s richest man, with his political leanings and tax affairs coming under the microscope.

AGENCE FRANCE-PRESSE, Aug 20 2018

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Ghana faces ‘now or never’ decision

Ghana is backpedalling out of a banking crisis as the government takes on debt to save a troubled sector and vows to punish the executives responsible.

AGENCE FRANCE-PRESSE, Aug 20 2018

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Venezuelan shopkeepers alarmed by Maduro’s latest economic moves

A fter Venezuelan President Nicolas Maduro’s 60-fold increase to the minimum wage, storeowners on Saturday wrestled with an anguishing decision: Close up shop or hit customers with steep price hikes at the risk of sinking the business.

REUTERS, Aug 20 2018

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Chinese firms plan more soybean meal substitute imports

Chinese companies are confident in securing overseas supplies of soybeans and soybean meal substitutes to counter the fall in imports of US soybeans, according to industry insiders.

XINHUA, Aug 20 2018

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Investors query funding costs at a private Tesla

Several Tesla Inc shareholders have told Reuters they are concerned that the electric car maker will have to pay more to fund its growth if it becomes a private company and loses the ability to sell new shares to stock market investors.

REUTERS, Aug 20 2018

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Greek island first to run on wind, solar power

When the blades of its 800-kilowatt wind turbine start turning, the small Greek island of Tilos will become the first in the Mediterranean to run exclusively on wind and solar power.

ASSOCIATED PRESS, Aug 20 2018

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Local government imposes Rs 50 per kg ‘export tax’ on apples

While the federal government has been providing subsidies for apple growers to boost production, the local government has decided to impose tax on them, drawing furious reaction from farmers.

LP Devkota, Aug 20 2018

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NOC revives plan to use colour-coded cylinders

Nepal Oil Corporation (NOC) has revived plans to use cylinders painted in different colours for household and commercial customers due to mounting losses on sale of liquefied petroleum gas (LPG).

Post Report, Aug 20 2018

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Runway to be closed for 10 hours daily for repairs

The runway at Tribhuvan International Airport (TIA) will be closed for 10 hours daily from February to carry out rehabilitation works on its dilapidated runway. Renovation of the 3,050-metre runway will take at least five months, airport authorities said Sunday. The project is estimated to cost Rs3.5 billion.

Post Report, Aug 20 2018

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