BBC News - Business

BBC World News business headlines 2019-08-06 13:02:25The latest international business headlines from BBC World News.

1,100 jobs at risk after Karen Millen online 2019-08-06 11:06:27Fashion firm Boohoo buys the online business of High Street brands Karen Millen and Coast for £18.2m.

Engineered in Africa: 'We knew the talent was 2019-08-06 08:28:09Christina Sass of software engineer recruitment firm Andela says that talent can be found anywhere.

Hyundai releases car with solar panel roof 2019-08-06 07:36:04The solar power system is available on the hybrid versions of the Korean car maker's Sonata vehicle.

Katharine Hamnett: Fashion tax is 'stupid' 2019-08-06 06:54:10Designer Katharine Hamnett says legislation is needed to force fashion brands to stop fast fashion.

Barneys New York store chain files for bankruptcy 2019-08-06 06:32:20The US luxury department store chain also puts itself up for sale after being hit by a steep rent rise.

McDonald's paper straws 'fully recyclable' makers say 2019-08-06 05:45:13The manufacturer of the straws says the UK's recycling infrastructure needs more investment.

Tencent set to buy 10% stake in Universal 2019-08-06 04:28:18UMG's parent company Vivendi is in talks with the Chinese tech group over the deal.

Yuan fall: Why is China's currency getting weaker? 2019-08-06 00:19:56A drop in the value of the yuan poses far-reaching consequences for markets and the US-China trade war.

US officially labels China a 'currency manipulator' 2019-08-06 00:02:17Washington accuses Beijing of devaluing the yuan, a statement likely to intensify trade tensions.

Capita seeks to reverse 'reputational damage' after death 2019-08-05 20:14:41Assessor Capita is seeking to overturn a ruling and £10,000 damages award after a claimant died.

Facebook urged to shut groups seeking fake Amazon 2019-08-05 19:08:34Which? claimed to have uncovered several active groups that recruited people to write fake testimonies.

Reuters: Business News

Thyssenkrupp, Kloeckner in talks over co-operation in materials 2019-08-23 04:58:03Thyssenkrupp is in talks with Kloeckner & Co over future cooperation in materials trading, but is not exploring a near-term takeover of the meta

Stocks, dollar climb before Powell's Jackson Hole speech 2019-08-23 04:56:55World stock markets and the dollar rose on Friday as investors looked to a speech by Federal Reserve chair Jerome Powell for clarification on whether

Huawei says impact of U.S. trade restrictions less 2019-08-23 04:54:10Chinese smartphone maker Huawei Technologies said on Friday its business has been less impacted by U.S. trade restrictions than the company had initia

UBS taps BoE adviser van Steenis for sustainable 2019-08-23 04:50:40UBS Group has hired Huw van Steenis, a former senior adviser to Bank of England Governor Mark Carney, to head investor relations and a new sustainabl

Pompeo tells Trudeau U.S. focused on release of 2019-08-23 04:37:27U.S. Secretary of State Mike Pompeo on Thursday assured Canadian Prime Minister Justin Trudeau that American officials were working to free two Canadi

China blames Canada for difficulties in relationship, demands 2019-08-23 04:37:27China's embassy in Canada said on Thursday that bilateral ties were suffering "gross difficulties," and demanded Ottawa free Huawei Technologies Co

Hong Kong unions urge Cathay Pacific to end 2019-08-23 04:30:53Cathay Pacific Airways , which is caught in the crosswinds between authorities in Beijing and anti-government protesters in Hong Kong, must put an end

Deutsche Bank to transfer up to 800 people 2019-08-23 04:29:42A deal in the works for BNP Paribas to assume the prime brokerage operations of Deutsche Bank will involve the transfer of up to 800 people, a perso

Seeking clarity from Fed's Powell? Good luck with 2019-08-23 04:10:59When Federal Reserve Chair Jerome Powell speaks in Jackson Hole, Wyoming, on Friday, traders will comb through his remarks for clues on whether the U.

UK competition watchdog reprimands RBS, Santander over PPI 2019-08-23 04:06:04Britain's competition watchdog has ordered Royal Bank of Scotland and Santander to appoint auditors to check how they remind customers who have pay

Major fashion companies to make G7 pledge to 2019-08-23 04:02:11Major fashion companies from around the world said on Friday they had signed a pact which they would present at this week's G7 summit to help protect

Shares in Peppa Pig owner rise past Hasbro 2019-08-23 03:52:05Peppa Pig-owner Entertainment One's shares rose more than 30% to a record high on Friday, surpassing the price agreed by the company's board with U

Business News - UPI.com

U.S. Space Command to start Aug. 29, officials 2019-08-20 13:49:36 The U.S. Space Command will begin operations on Aug. 29, Vice President Mike Pence and Joint Chiefs of Staff Chairman Gen. Joseph Dunford said Tuesda

Report: China's military could overwhelm U.S. forces in 2019-08-20 13:25:49 China has the military strength to overwhelm the United States in the Indo-Pacific region, a report by an Australian research group said.

Bahrain joins U.S.-led coalition safeguarding Persian Gulf shipping 2019-08-20 12:42:06 The Kingdom of Bahrain will join the U.S.-led military coalition to protect Persian Gulf shipping lanes, U.S. Central Command announced.

Lockheed Martin wins two contracts for F-35 upgrades 2019-08-20 11:49:41 Lockheed Martin won contracts valued at $32.1 million and $12 million for modifications to F-35 Lightning II Joint Strike Fighter planes, the Pentag

U.S. military tests ground-based cruise missile 2019-08-19 13:45:19 A ground-launched cruise missile was successfully fired in a test Sunday, the Pentagon said. The test is the first since the U.S. pulled out of the I

Raytheon nets $47.9M contract for laser-guided Maverick missiles 2019-08-19 13:38:56 The Defense Department awarded a $47.9 million contract to Raytheon Missile Systems to purchase AGM-65E2/L laser-guided Maverick missiles.

Air Force certifies first field unit for 3D 2019-08-19 12:53:51 The U.S. Air Force on Monday announced it has certified the 60th Maintenance Squadron with an industrial-sized 3D printer and its first project, the

Raytheon wins $199.5M Navy contract for Close-In Weapon 2019-08-19 11:53:28 Raytheon Missile Systems received a $199.5 million contract to upgrade the Navy's MK 15 Close-In Weapon System, the Defense Department announced.

GAO report: Pentagon spent nearly $1B on improper 2019-08-16 15:02:14 The Department of Defense incorrectly distributed nearly a billion dollars in travel fees over a three- year period, a General Accounting Office repo

FLIR Surveillance awarded $12.6M for sensors aboard littoral 2019-08-16 13:42:22 FLIR Surveillance Inc. received a $12.6 million contract for supplies, repairs and upgrades to sensor systems aboard U.S. Navy littoral combat ships.

Lockheed nets $80M contract for Aegis system upgrades 2019-08-16 13:37:58 Lockheed Martin received an $80 million contract from the U.S. Navy for electronic equipment upgrades to the Aegis missile system, the Pentagon annou

38-year-old submarine USS Ohio returns to service after 2019-08-16 12:31:25 The USS Ohio, the Navy's oldest guided missile submarine, completed 27 months of refitting and is ready for duty, the Naval Sea Systems Command anno

Christian Science Monitor |

Why wealth and patience appear to go hand 2019-07-30 00:05:20Patience is often thought of in terms of social interactions. But the ability to bide one’s time also plays into national economics.

Trump has nothing to fear but fear itself. 2019-07-30 00:05:20Can a new budget deal, a rate cut, and no escalation in the China trade war keep recession at bay?

Why cattle and ecotourism combine on one Nebraska 2019-07-30 00:05:20Between tariffs and low grain prices, U.S. farmers are facing their toughest conditions in decades. Many are finding entrepreneurial ways to survive.&

Maine networks support young farmers, before they drop 2019-07-30 00:05:20Isolation and financial hardship take a toll on new farmers. In Maine, a program connects still-green farmers with mentors, know-how, and ea

Trade war slows Chinese economy to lowest rates 2019-07-30 00:05:20As economic growth falls to its lowest levels in more than a quarter-century, China is facing pressure to resolve an ongoing trade war with the U.S.&n

Around the world, investors value social, environmental impacts 2019-07-30 00:05:20Investors may value more than just financial profit. Markets for socially and environmentally mindful companies are opening across the world.

Farmers grow the food. But who’s helping new 2019-07-30 00:05:20Access to land is a major barrier to entering farming. One solution is land-link programs that pair landowners with those starting out.

Rural America faces housing shortage. How one town 2019-07-30 00:05:20Rent assistance is drying up for many rural housing projects. Construction costs keep rising. Yet many rural communities need to attract more workers.

Workers look for clear line in murky border 2019-07-30 00:05:20Ethical issues are rarely easy for companies to resolve. Wayfair, targeted for alleged complicity with a humanitarian crisis, is the latest

Why this company wants your old underwear 2019-07-30 00:05:20Will recycling textiles save the planet? Buying less and wearing your clothes longer might accomplish more.

Farmers caught between a flood and a trade-war 2019-07-30 00:05:20A $19.1 billion disaster aid package won't include much help for Midwestern farmers who can’t plant. Meanwhile a trade war puts farm

Why tariff threat is unsettling – even after 2019-07-30 00:05:20The threat of Mexican tariffs is off for now. But it could return – and the weaponization of tariffs may not be in the long-term interest of the

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Anil Agarwal's Twin Star Tech not to bid 2019-08-22 13:09:26"Twin Star Technologies will not bid for RCom assets. The company is likely to make a formal announcement in the regard shortly," the source said

Govt proposes ban on e-cigarettes, jail terms for 2019-08-22 12:51:35Health ministry's plan would deal a blow to U.S.-based Juul Labs Inc, which is hoping to launch its e-cigarette in India.

DLF stock falls as tussle with Sebi re-emerges; 2019-08-22 12:35:17Realty major DLF continues to face trouble on litigation involving alleged improper acquisition of land in Gurugram (Gurgaon).

Amid slowdown, carmakers' bet on new launches pays 2019-08-22 12:29:40Carmakers launched as many as 14 new models between April and July 2019

CBI court sends P Chidambaram to custody till 2019-08-22 12:13:33He was produced before the special CBI court around 3 pm on Thursday, where a courtroom packed with advocates, mediapersons, and law interns awaited h

MNS chief Raj Thackeray grilled by ED in 2019-08-22 12:05:33There was no word from ED officials on whether he will be called again for questioning

Amit Shah said resuming mining in Goa govt's 2019-08-22 11:39:30The Supreme Court in March 2018 scrapped licences given to mining companies in the state.

Fuel supply to Air India stopped at six 2019-08-22 11:17:46The airports where the fuel supply was stopped by the state-owned OMCs at around 4 pm are Cochin, Visakhapatnam, Mohali, Ranchi, Pune and Mohali

Zomato says restaurant prez offers the same discounts 2019-08-22 10:59:58Zomato, which initially claimed that the logout campaign was driven by vested interests, had on Wednesday made sweeping changes to its Gold programme

Auto companies cut more jobs, halt production as 2019-08-22 09:45:27Toyota, Hyundai halt production; auto part makers Denso, Bellsonica cut 350 jobs each.

HSBC lays off 150 employees from India back 2019-08-22 08:55:58The layoffs were are at the mid-management level at HSBC centres in Pune and Hyderabad.

Rupee crashes to over 8-month low of 71.81 2019-08-22 08:55:39Also, the sudden drop in Chinese yuan led to increased volatility in emerging market currencies, including the rupee

Business

Tencent and other Chinese tech firms are reporting 2019-08-16 20:00:00But the trade war is making them more inward-looking

FedEx’s visionary founder is a disrupter at risk 2019-08-16 20:00:00FredEx is looking long in the tooth

India Inc is growing disenchanted with Narendra Modi 2019-08-16 20:00:00In his second term, India’s prime minister is showing his statist side

Saudi Aramco debuts in an earnings call 2019-08-16 20:00:00Facing an uncertain future, the oil giant is trying new moves

WeWork unveils its IPO prospectus 2019-08-14 20:00:00Investors will need a lot of nerve to back the loss-making office-rental company

Viacom and CBS agree to reunite 2019-08-14 20:00:00After years of bitter wrangling, Viacom and CBS merge to counter the media industry’s giants

Buy-out firms embrace Germany—and vice versa 2019-08-10 00:00:00Private-equity companies like the country’s stable politics, skilled workers and steady growth

Investors flee the Permian 2019-08-09 20:00:00Earnings of energy producers reliant on shale take a tumble

The elderly are the next big growth market 2019-08-09 20:00:00App-makers are trying to captivate granny

Uber lost over $5bn in the second quarter 2019-08-08 20:00:00The ride-sharing giant stumbles—again—on its long journey to making money

American steel tariffs cut both ways for domestic 2019-08-08 10:45:18President Donald Trump’s levies helped in the short run but could hurt in the longer term

The Exxon Valdez of cyberspace 2019-08-08 10:45:18If data are the new oil, data breaches should be treated like oil spills