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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

Trump orders U.S. firms out of China after New! 2019-08-23 14:00:36U.S. President Donald Trump on Friday said he has ordered American companies to exit China after Beijing unveiled retaliatory tariffs on $75 billion i

Trump presses U.S. companies to close China operations New! 2019-08-23 13:56:29President Donald Trump said on Friday he was ordering U.S. companies to look at ways to close their operations in China and make more of their product

Responding to Trump, UPS, FedEx say they already New! 2019-08-23 13:53:39United Parcel Service Inc and FedEx Corp on Friday said they already work closely with law enforcement to stop illegal shipments from entering the c

China strikes back at U.S. with new tariffs New! 2019-08-23 13:43:54China said on Friday it will impose retaliatory tariffs against about $75 billion worth of U.S. goods, putting as much as an extra 10% on top of exist

Trump comments on China spook Wall Street New! 2019-08-23 13:37:46U.S. stock indexes slumped nearly 2% on Friday after President Donald Trump told U.S. companies they should look for ways to close their China operati

Oil prices slide over 2% as U.S.-China trade New! 2019-08-23 13:36:37Oil prices fell more than 2% on Friday after China unveiled retaliatory tariffs against about $75 billion worth of U.S. goods, marking another escalat

Oil dragged into U.S.-China trade war, prices slump New! 2019-08-23 13:20:07China on Friday threatened to impose tariffs on U.S. crude oil imports for the first time, sending prices down nearly 4% to two-week lows as the escal

For some, currency wars may not be fun New! 2019-08-23 13:19:42It's a maxim for private investors: Don't fight the Fed.

U.S. Chamber of Commerce rejects Trump call on New! 2019-08-23 13:06:01The U.S. Chamber of Commerce rebuffed President Donald Trump's call Friday that U.S. businesses begin immediately looking for alternatives for operat

For world's central banks, a call to hang New! 2019-08-23 13:05:52Over the decades since World War Two the growth rates, inflation rates, interest rates and business cycles of the world's major economies grew closer

Powell stops short of committing to rate cuts, New! 2019-08-23 13:05:52The Federal Reserve will "act as appropriate" to keep the U.S. economy healthy, Fed Chair Jerome Powell said on Friday, remarks that did not say how

Policy rule could help shield Fed from Trump New! 2019-08-23 12:58:52The Federal Reserve ought to adopt a monetary policy rule to guide its interest-rate-setting decisions in part as a bulwark against a near daily barra

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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Wall Street tumbles as Donald Trump escalates trade New! 2019-08-23 14:01:04Jerome Powell says will 'act as appropriate' to support growth as indexes fall.

Mistry plans to sell road, solar power plant New! 2019-08-23 13:59:59Tycoon Mistry Plans Asset Sales to Cut $558 Million Debt

Trump asks US companies to dump China after New! 2019-08-23 13:56:11The US dollar rose sharply against the Chinese yuan and US stock markets fell on Trump's latest salvo against China

IndiGo's Rakesh Gangwal says he will support resolution New! 2019-08-23 13:04:54Rakesh Gangwal had alleged violation of corporate governance rules at IndiGo's parent company Interglobe Aviation.

Will 'act as appropriate': US Fed chief gives New! 2019-08-23 12:25:50The chair, under pressure from President Donald Trump to cut rates soon and deeply, listed a series of economic and geopolitical risks that the Fed is

China escalates trade war, hikes tariffs on $75 New! 2019-08-23 11:30:58The tariffs of 10 per cent and 5 per cent take effect on two batches of goods on September 1 and December 15, the official Xinhua News Agency said

Analysts expect FPI selling to reverse; see a New! 2019-08-23 11:10:51In a post-market hours press briefing today evening, Finance Minister Nirmala Sitharaman withdrew the enhanced surcharge on long and short-term capita

Govt's reform push: FPI surcharge rolled back, banks New! 2019-08-23 10:21:49Finance Minister Nirmala Sitharaman's measures come after the government was criticised for failing to stem a rout in local equity markets and a slow

Home, vehicle loans and consumption goods to get New! 2019-08-23 10:01:24Addressing the media here, Finance Minister Nirmala Sitharaman also said that banks will pass on RBI rate cut benefits to borrowers through MCLR reduc

Violations in INX Media deal not brought to New! 2019-08-23 09:03:39The deal is being probed by the ED and the CBI on charges of alleged money laundering and corruption respectively

1.2 million new jobs created in June, fewer New! 2019-08-23 07:49:24Gross enrolments of new subscribers with the ESIC were 1.49 crore during 2018-19, a report released by National Statistical Office (NSO) stated

Maruti recalls 40,618 units of WagonR to rectify New! 2019-08-23 07:13:48The company is proactively and voluntarily undertaking a recall campaign for certain WagonR (1 litre) vehicles manufactured between November 15 2018 a

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


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