The cabinet on Monday approved a plan submitted by the Ministry of Environment that seeks to encourage the increase in waste used as energy in cement plants to 15% by 2030, according to Minister of Environment Khaled Fahmy.
Fahmy said that the (...)
Asian shares hit a one-year high on Monday after disappointing U.S. economic growth data reduced expectations that the U.S. Federal Reserve will raise interest rates in the next few months.
U.S. gross domestic product increased at a 1.2 percent (...)
U.S. President Barack Obama and Australian Prime Minister Malcolm Turnbull on Thursday discussed by telephone the global glut in steel supply, which many blame on chronic overcapacity at Chinese producers of the construction material.
China's steel (...)
The European Central Bank is unhappy with the U.S. dollar's recent fall but accepts it as a natural consequence of the Federal Reserve's cautious economic outlook and sees no reason to act to weaken the euro, three ECB sources told Reuters.
A weaker (...)
