MONEY

Panda Beer anyone? Craft beers flow in middle-class China

“Panda Beer,” ‘’Little General,” ‘’Flying Fist IPA,” and “Mandarin Wheat” are among the offerings on tap at a craft beer exhibition this week in Shanghai dedicated to expanding the palette of Chinese consumers and promoting sales of high-end brews.

ASSOCIATED PRESS, May 22 2018

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Ktm to host Global Cyber Security Summit in July

Information Security Response Team Nepal (NPCERT) is all set to host a Global Cyber Security Summit (GCSS) on July 27 with the theme “Building Global Alliance for Cyber Resilience”. The two-day event aims to provide a creative and productive platform for professionals in the field of cyber security.

Post Report, May 22 2018

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Dealerships trash talk electric cars: Study

Car dealerships in Nordic countries actively discourage consumers from buying electric vehicles, researchers who conducted an undercover investigation said Monday.

AGENCE FRANCE-PRESSE, May 22 2018

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France’s Total boosts Cypriot gas plan as it eyes Iran exit

French energy company Total says it is looking to expand its search for natural gas off Cyprus’ south coast and seeks to secure another exploratory drilling license, days after warning it could exit Iran over renewed US sanctions there.

ASSOCIATED PRESS, May 22 2018

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Tunnel borer may be used at Dudhkoshi project

Buoyed by the unexpected success of the tunnel boring machine (TBM) at the Bheri Babai Diversion Multipurpose Project, the Nepal Electricity Authority (NEA) has planned to use similar equipment during the execution of the Dudhkoshi Storage Hydroelectric Project which is currently under study.

Post Report, May 22 2018

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From airlines to pizza parlors, EU businesses adopt data law

Lisa Meyer’s hair salon is a cozy place where her mother serves homemade macaroons, children climb on chairs and customers chat above the whirr of hairdryers.

ASSOCIATED PRESS, May 22 2018

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Nigeria economy grows on oil production

Nigeria’s economy grew slower than expected in the first quarter, official statistics showed Monday, with an expansion in oil production offset by a sputtering non-oil sector.

AGENCE FRANCE-PRESSE, May 22 2018

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No purchase needed to sit in cafes

Starbucks announced a new policy Saturday that allows anyone to sit in its cafes or use its restrooms, even if they don’t buy anything.The new policy comes five weeks after two black men who hadn’t bought anything were arrested at a Philadelphia Starbucks.

ASSOCIATED PRESS, May 22 2018

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Economic talks between US, China lead to trade war truce

The United States and China are pulling back from the brink of a trade war after the world’s two biggest economies reported progress in talks aimed at bringing down America’s massive trade deficit with Beijing.“We are putting the trade war on hold,” Treasury Secretary Steven Mnuchin said Sunday.

ASSOCIATED PRESS, May 22 2018

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Potential defaulters flocking to poorly managed co-ops

Cooperatives failing to maintain financial discipline have been attracting a large number of potential loan defaulters seeking to benefit from their mismanagement and lax implementation of rules, officials said.

Post Report, May 22 2018

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10km pipeline laying works completed

Workers have finished laying 10 km out of the 69 km Amlekhgunj-Raxaul oil pipeline in the last two months.The underground pipeline has a diameter of 10.75 in and will extend from Motihari, Bihar in India to Amlekhgunj in Nepal. The pumping facilities for the cross-border pipeline are located at Motihari.

SHANKAR ACHARYA, May 22 2018

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TourMin: Our objective is to keep TIA open 24/7

The opening hours of Tribhuvan International Airport (TIA) are now 6 am to 3 am the next day. Tourism Minister Rabindra Adhikari inaugurated the new 21-hour schedule on Monday that is expected to reduce congestion at the country’s sole international aerial gateway to some extent.

SANGAM PRASAIN, May 22 2018

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