Business articles

Heineken bottles out in Hungary beer row

A row between Heineken and a small Romanian brewer backed by the Hungarian government looked to be over Monday, just days after Budapest threatened to ban the Dutch giant’s famous red star logo.

Stock markets drop on Trump tax concerns

Stock markets dropped Monday and the dollar slid against rivals on concerns that the collapse of US President Donald Trump’s repeal of Obamacare could leave him struggling to push through his promised tax-cut and infrastructure spending policies.

China oil giant Sinopec posts 44% jump in net profit

State-owned Chinese energy major Sinopec said 2016 net profit jumped 44 percent, its first annual profit rise in three years, as strong demand and better margins in its downstream refining business helped offset low oil prices.

Brexit job fears stalk Britain’s financial centres

Worries are whirring in Britain’s smaller financial centres — which together employ far more people than the glamorous City of London — that the looming EU departure will lead to heavy job losses.