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China starts to impose additional tariffs on some U.S. goods

August 31, 2019 by  
Filed under News

China on Sunday started to impose additional tariffs on some of the U.S. goods on a $75-billion target list, with effect from 0401 GMT.


Source: Reuters Business News

Philip Green prepares to break up his Arcadia Group: Sunday Times

August 31, 2019 by  
Filed under News

Philip Green is preparing to break up his Topshop-to-Dorothy Perkins fashion empire, the Sunday Times reported citing unidentified sources.


Source: Reuters Business News

Delays expected at Amsterdam's Schiphol Airport as KLM ground staff strike

August 31, 2019 by  
Filed under News

Ground staff for the Dutch arm of Air France KLM SA are set to strike on Monday morning at Amsterdam’s Schiphol Airport, likely causing delays and canceled flights, the Dutch union FNV said Saturday.


Source: Reuters Business News

Factbox: Next rounds of Trump's tariffs on Chinese goods to hit consumers

August 31, 2019 by  
Filed under News

U.S. President Donald Trump’s next round of tariffs on Chinese imports is scheduled to take effect starting on Sunday, escalating the trade war between the world’s two largest economies with a big hit to consumer goods.


Source: Reuters Business News

China's factory activity shrinks for fourth month as trade woes deepen

August 31, 2019 by  
Filed under News

Factory activity in China shrank in August for the fourth month in a row as the United States ramped up trade pressure and domestic demand remained sluggish, pointing to a further slowdown in the world’s second-largest economy.


Source: Reuters Business News

Twitter CEO's hacked account sends racist tweets before being secured

August 30, 2019 by  
Filed under News

The account of Twitter Inc Chief Executive Jack Dorsey was hacked on Friday afternoon, sending public tweets and retweets including racial slurs and curse words to 4 million followers before Twitter secured the account.


Source: Reuters Business News

China's service sector activity grows at quicker pace in August: official PMI

August 30, 2019 by  
Filed under News

Growth in China’s services sector activity picked up for the first time in five months in August, official data showed on Saturday, cushioning some of the economic impact from intensifying U.S. trade pressure.


Source: Reuters Business News

FCC chair Pai seeks approval for Nexstar-Tribune merger

August 30, 2019 by  
Filed under News

Federal Communications Commission chairman Ajit Pai on Friday sought approval from his colleagues to order the go ahead for Nexstar Media Group Inc’s acquisition of Tribune Media Co in a $6.4 billion tie-up, a spokeswoman for the agency said.


Source: Reuters Business News

Airbus pulls out of Canada fighter jet race, boosts Lockheed Martin's chances

August 30, 2019 by  
Filed under News

Airbus SE on Friday pulled out of a multibillion-dollar competition to supply Canada with 88 new fighter jets, a decision that boosts the chances of rival Lockheed Martin Corp .


Source: Reuters Business News

Argentine asset prices fall further as S&P rating cut prompts sales

August 30, 2019 by  
Filed under News

Argentina’s battered bonds were driven still lower on Friday after a credit rating cut from Standard & Poor’s triggered automatic selling mechanisms at big pension funds.


Source: Reuters Business News

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