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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 looking at possible tax cuts amid economic New! 2019-08-20 19:51:29President Donald Trump said on Tuesday his administration was considering potential tax cuts on wages as well as profits from asset sales, and sought

Walmart sues Tesla for negligence after repeated solar New! 2019-08-20 19:50:54Walmart Inc on Tuesday sued Tesla Inc , accusing it of "widespread negligence" that led to repeated fires of its solar systems and asking a court t

'You prepare for war': how one U.S. firm New! 2019-08-20 19:34:55When Larry Sloven heard last year that U.S. tariffs threatened his China electronics business, he knew that setting up shop elsewhere would be a slog

PES layoffs accelerate as Philadelphia refinery closes New! 2019-08-20 19:34:16Refiner Philadelphia Energy Solutions is laying off the majority of its unionized workforce on Tuesday and Wednesday, the union's president said, ah

U.S. oil firms challenge pipeline surcharge for steel New! 2019-08-20 19:11:30Two U.S. shale producers have challenged an energy pipeline operator's proposed surcharge for the Trump administration's 25% tariff on imported stee

Trump says he had to 'take China on,' New! 2019-08-20 18:41:29President Donald Trump on Tuesday said he had to confront China over trade even if it caused short-term harm to the U.S. economy because Beijing had b

Toll Brothers profit beat clouded by weakness in New! 2019-08-20 18:29:27Toll Brothers Inc reported a better-than-expected quarterly profit on higher home prices, but its shares fell as orders declined, hinting at weaker d

U.S. Justice Department teams up with states on New! 2019-08-20 18:25:54The U.S. Justice Department is working with a group of more than a dozen state attorneys general as it moves forward with a broad investigation into m

Trump White House seeks to assuage farmer unrest New! 2019-08-20 18:13:14President Donald Trump's administration has been scrambling to stem the tide of rising anger in Farm Belt states after its decision this month to all

American Airlines to pay $22.1 million U.S. fine New! 2019-08-20 18:03:01American Airlines Group Inc , the largest U.S. airline, will pay $22.1 million to settle claims it falsely reported the times it transferred possessio

U.S. Steel plans to lay off hundreds of New! 2019-08-20 17:46:41United States Steel Corp will temporarily lay off hundreds of workers at its Great Lakes facility in Michigan in coming weeks, according to a filing t

SEC fines Russian firm for failing to disclose New! 2019-08-20 17:28:30The U.S. Securities and Exchange Commission said on Tuesday that it has fined and settled charges against a Russia-based ratings firm for failure to d

Business News - UPI.com

U.S. Space Command to start Aug. 29, officials New! 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 New! 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 New! 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 New! 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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Small-cap index tanks 30% in a year. Time New! 2019-08-20 13:31:07The S&P BSE Sensex and the Nifty 50 have slipped around 5 per cent and 6 per cent, respectively, since then

Win for Wall Street as Trump revamps Volcker New! 2019-08-20 12:49:10Regulatory changes provide lenders clearer picture of which trades are prohibited, but critics say they could again endanger the financial system.

Over 20 years after Asia debt crisis, McKinsey New! 2019-08-20 12:46:23McKinsey examined the balance sheets of more than 23,000 companies across eleven Asia-Pacific countries, and found firms in most of Asia face 'signif

Developments in J-K are India's internal matter: US New! 2019-08-20 12:30:20Singh raised the issue of cross-border terrorism and appreciated the US support for India's effort to maintain peace and stability in the region

State-owned banks to give home, auto loans online New! 2019-08-20 12:27:01Currently, the portal gives in-principle approval for loans of up to Rs 1 crore to micro, small and medium enterprises in just 59 minutes or less than

Pakistan says will approach International Court of Justice 2019-08-20 10:33:55Prime Minister Imran Khan told a rare joint sitting of Pakistan's Parliament on August 6 that he will raise the Kashmir issue at every forum

Shell exits city gas business in India, sells 2019-08-20 09:45:33When MGL was listed in July 2016, Shell and GAIL held 32.5 per cent stake each in the company

INX media case: P Chidambaram moves SC against 2019-08-20 09:24:14A team of lawyers led by senior advocate and Chidambaram's party colleague Kapil Sibal was told by Registrar (Judicial) to mention the petition on We

Food platforms to tweak menu to 'detox' customers 2019-08-20 08:27:15Food aggregators have agreed to redesign their schemes to rein in deep discounts and asserted that discount is a privilege not a right

Delhi among fastest growing mkt globally for luxury 2019-08-20 07:39:13Berlin with a growth of 12.7 per cent and Frankfurt with a rise of 12 per cent in capital value over the past one year top the table

Huawei founder asks employees to brace for company's 2019-08-20 07:33:17In a memo sent to employees on Monday loaded with military metaphors, 74-year-old Ren asked staff to work aggressively towards sales targets as the fi

Sterling and Wilson Solar lists at 9% discount 2019-08-20 07:08:16SWSL is promoted by the Shapoorji Pallonji Group and is the demerged Solar EPC Division of Sterling and Wilson (SWPL).

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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