On fleeting Hong Kong trips, Chinese make frugal fashionable

HONG KONG, May 20 (Reuters) - Armed with empty suitcases and same-day return tickets, an army of mainland Chinese is descending on suburban outlet shopping malls and international fashion chains in Hong Kong, turning cheap into the new chic as luxury falls out of favour.

Indonesia's nationwide healthcare plan stumbles at first hurdle

Coast Guard to take testimony on Shell grounding

The Coast Guard will kick off hearings Monday on how a Royal Dutch Shell PLC drill barge used for Arctic Ocean exploratory drilling ended up aground off a remote Alaska island. The Kulluk was under tow ...

Energy Departmant authorizes second proposed facility to export LNG

The Energy Department announced on Friday that it has conditionally authorized Freeport LNG Expansion, and FLNG Liquefaction, Freeport, to export domestically produced liquefied natural gas, LNG, to countries ...

ENRC details founders' $2.3 billion cash-and-share bid plan

LONDON (Reuters) - Kazakhstan's government and the trio of founders behind miner ENRC , seeking to take the company private, have offered shares in rival Kazakhmys as well as cash in an indicative proposal ...

UPDATE 1-ENRC details founders' $2.3 bln cash-and-share bid plan

LONDON, May 19 (Reuters) - Kazakhstan's government and the trio of founders behind miner ENRC, seeking to take the company private, have offered shares in rival Kazakhmys as well as cash in an indicative proposal valuing the group at just under $5 billion.

UK lawmakers consider probe into transparency of mining firms

LONDON, May 19 (Reuters) - Britain's parliament will this week consider whether to probe the transparency of oil and mining firms listed in London, an issue highlighted by corruption probes at emerging market miners which lawmakers fear have dented the stock market's reputation.

S.Africa finds collusion, manipulation in Gupta scandal

JOHANNESBURG, May 19 (Reuters) - South Africa's justice minister on Sunday accused an Indian High Commission official and some South Africans of colluding to obtain permission for a plane chartered by a rich family close to President Jacob Zuma to use an air force base to land.

Exclusive - South Africa's NUM seeks 15-60 percent wage rises from gold, coal producers

JOHANNESBURG (Reuters) - South Africa's National Union of Mineworkers said it would seek pay rises of up to 60 percent from gold and coal producers, raising the prospect of fresh strikes as firms battle ...

German minister calls EU move on China solar 'grave mistake'

BERLIN, May 19 (Reuters) - German Economy Minister Philipp Roesler said the European Commission made a "grave mistake" by agreeing to impose punitive import duties on solar panels from China and urged the Commission to work to prevent the eruption of a trade conflict.

Founders offer for ENRC included Kazakhmys shares -report

LONDON, May 19 (Reuters) - The offer for miner ENRC made by its founding shareholders and the Kazakh government included shares in rival miner Kazakhmys, a British newspaper reported on Sunday.

EXCLUSIVE-S.Africa's NUM seeks 15-60 pct wage hikes from gold, coal producers

JOHANNESBURG, May 19 (Reuters) - South Africa's National Union of Mineworkers said on Sunday it would seek pay hikes of up to 60 percent from the country's gold and coal producers in upcoming wage talks which are expected to be among the toughest ever.

Kuwait replaces oil officials at KPC after $2.2 billion Dow payment

State-run Kuwait Petroleum Company appointed a new chief executive and suspended other top officials after the country paid $2.2 billion in damages to Dow Chemical Co over a scrapped plastics joint venture. ...

U.S. state cancels subsidy for investment from Pakistani company

INDIANAPOLIS, May 17 (Reuters) - Indiana has cancelled subsidies for a planned $1.8 billion fertilizer plant in the state because of concerns that a Pakistani company involved in the project makes products used in improvised explosives that kill and injure U.S. troops in Afghanistan.

UPDATE 1-Workers stage illegal strike at South Africa chrome mine

JOHANNESBURG, May 18 (Reuters) - Operations at a chrome mine in South Africa owned by chemicals group Lanxess have been suspended since Thursday after some 470 workers started an illegal strike over bonus payments, the company said on Saturday.