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POST Online Media
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The most important US and world business headlines, news and other interesting stories.
The most important US and world business headlines, news and other interesting stories.

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Austria doubles cash offer for migrants to leave country - As part of a campaign to speed up the repatriation of around 50,000 asylum seekers, Vienna said it would double the amount of money paid to migrants who voluntarily return home. They would be paid €1,000 ($1,080) to leave the country instead of the €500 previously offered. Austria's Interior Minister Wolfgang Sobot...

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Americans ready to pay 15% to 30% more for 'Made in the USA'

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Suicides cost Japan $4 billion every year - NHK has calculated the potential economic loss to the country from suicides at more than $4 billion a year. The calculation is based on 23,000 suicide victims in 2015, aged from 15 to 69 years, and had they lived and worked until their 70s. Figures from the Japanese Ministry of Health, Labor, and Welfare show there have been more ...

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Chile and Egypt resume imports of Brazilian meat - Chile and Egypt announced that they will normalise imports of Brazilian meat. The Agricultural and Livestock Service of Chile lifted its restriction on imports of Brazilian meat into the country. The country maintained the suspension only for the 21 meatpackers targeted by Operation Weak Flesh, conducted by the Brazilian Fe...

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Old Mutual sells $446 million stake to Chinese HNA Group - Chinese conglomerate HNA Group will buy a 25 percent stake in Old Mutual’s U.S. asset management unit for about $446 million. Old Mutual said it will sell down its holdings in OM Asset Management to HNA Group in two tranches. The first - comprising 9.95 percent at $15.30 per share - will be completed within 30 days. The secon...

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Apple iPhone 6 may be sold in China, says court - A Chinese court has ruled in favor of Apple in design patent disputes between it and a domestic phone-maker, overturning a ban on selling iPhone 6 and iPhone 6 Plus phones in China. Last May, a Beijing patent regulator ordered Apple's Chinese subsidiary and a local retailer Zoomflight to stop selling the said phones after...

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China lifts ban on imports of meat from Brazil - China lifted a ban on imports of meat from Brazil after Brazilian authorities clarified details of a police investigation into alleged bribery of health inspectors. The move by China, the biggest national consumer of Brazilian meat, was accompanied on Saturday by the lifting of import bans in Egypt and Chile, bringing hope of an end to a cris...

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Egypt commuters angry as Cairo metro doubles ticket price - Egypt has doubled the price of tickets on Cairo's busy metro network, which carries millions of commuters a day, angering Egyptians battling skyrocketing living costs. Egyptian authorities increased the fare to two Egyptian pounds (0.11 U.S. cents) on Friday, state media reported. In comments to state-run news agency MENA, Arafat sai...

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Turkey may hold referendum on EU membership, says Erdogan - President Tayyip Erdogan said that Turkey may hold a second referendum on whether to continue with European Union accession talks following a planned vote on April 16. "Right now we are holding a referendum on April 16 and after that we could choose to do a second one on the (EU) accession talks and we would abide by whatever our people would sa...

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New-vehicle sales to increase in U.S. - New-vehicle sales are expected to increase 3 percent year-over-year to a total of 1.63 million units in March 2017. This is resulting in an estimated 17.4 million seasonally adjusted annual rate (SAAR), according to Kelley Blue Book. At 1.63 million units this month, the first quarter total comes in at 4.1 million u...
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