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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

Saudi Aramco asks banks to pitch for roles New! 2019-08-19 13:53:57Saudi Aramco has formally asked major banks to submit proposals for potential roles in its planned initial public offering, two sources with direct kn

Top CEOs say companies should put social responsibility New! 2019-08-19 13:53:16Companies should focus on social responsibilities as well as profits, the Business Roundtable, a group of corporate chief executives that includes the

Wall St. rallies on stimulus cheer, trade optimism New! 2019-08-19 13:14:38U.S. stocks surged on Monday, building on previous session's rally, fueled by growing hopes that major economies would act to prop up slowing growth,

Oil up 1% after attack on Saudi field, New! 2019-08-19 13:10:20Oil prices were up more than 1% on Monday after a weekend attack on a Saudi oil facility by Yemen's Houthi forces and as traders looked for signs tha

U.S. grants Huawei another 90 days to buy New! 2019-08-19 13:05:28The United States will extend a reprieve that permits China's Huawei Technologies to buy components from U.S. companies to supply existing customers

General Electric adds to defense against charges of New! 2019-08-19 12:55:49General Electric Co intensified its defense of accounting practices on Monday after investors questioned it about an unusual research report alleging

Trump 'not ready' for China trade deal, dismisses New! 2019-08-19 11:24:07U.S. President Donald Trump and top White House officials dismissed concerns that economic growth may be faltering, saying on Sunday they saw little r

Disney streaming service to launch in Canada, Netherlands 2019-08-19 10:01:35Walt Disney Co said on Monday it will launch its Disney+ video streaming service in Canada and the Netherlands on Nov. 12, the same date as its previo

Equinor, Gazprom lose European gas market share as 2019-08-19 09:51:33Europe's two biggest suppliers of pipeline gas, Norway's Equinor and Russia's Gazprom, have lost market share for the first time in at least four y

Microsoft, Nvidia team up for more realistic visuals 2019-08-19 09:39:09Microsoft Corp said on Monday it will use chipmaker Nvidia Corp's real-time ray tracing technology to provide the software company's Minecraft vid

Cathay Pacific's new boss puts emphasis on safety 2019-08-19 09:26:53Cathay Pacific Ltd needs to focus on safety and security, its customers and the completion of a three-year financial turnaround plan, the airline's

Exclusive: Fearing data privacy issues, Google cuts some 2019-08-19 09:19:25Alphabet Inc's Google has shut down a service it provided to wireless carriers globally that showed them weak spots in their network coverage, people

Business News - UPI.com

Navy requests proposals for Large Unmanned Surface Vehicle 2019-08-15 13:51:07 The U.S. Navy continues to build up its unmanned vehicle programs, issuing a request for proposals for the corvette-sized Large Unmanned Surface Vehi

Rockwell Collins tapped for E-2D Hawkeye trainer systems 2019-08-15 13:23:47 The U.S. Navy awarded a $31 million contract to Rockwell Collins for an E-2D Hawkeye Integrated Training System III Weapons System Trainer and an air

Explosions at Baghdad weapons depot blamed on Israel, 2019-08-14 15:01:27 Explosions in a Baghdad munitions depot this week were said by a former Iraqi minister to be deliberate and the fault of Israel.

Lockheed wins $99M contract for foreign JASSM cruise 2019-08-14 13:41:48 Lockheed Martin Corp. received a $99 million contract for production support of JASSM cruise missiles for foreign military sales to Poland, Finland a

First steel cut for British anti-submarine frigate HMS 2019-08-14 13:30:51 The first steel to be used in Britain's HMS Cardiff, an anti-submarine frigate, was ceremonially cut in a Glasgow-area shipyard on Wednesday.

U.S. Air Force completes last of 173 wing 2019-08-14 12:55:23 The last pair of new wings for 173 A-10 Thunderbolt planes was successfully installed last week, the U.S. Air Force announced.

Bahrain signs agreement for Patriot missile system, U.S. 2019-08-14 12:45:01 Bahrain signed a contract to purchase the Patriot missile defense system, Raytheon announced, marking the start of contract negotiations with the U.S

Sikorsky nets $107M contract for parts on six 2019-08-13 12:57:53 Sikorsky has been awarded a $107 million contract for early work on long lead items for six low-rate initial production lot 4 CH-53K King Stallion he

Rheinmetall, MBDA start work oon ship-mounted laser for 2019-08-12 16:41:18 German defense contractors Rheinmetall and MBDA Deutschland will build a high-energy laser for installation aboard a German navy ship.

F-35 test fleet has low readiness rate, may 2019-08-12 14:35:21 F-35 fighter planes at California's Edwards Air Force Base have a very low readiness rate, a non-governmental watchdog said.

Lockheed awarded $176M for repairs on Navy's SPY-1 2019-08-12 13:36:03 Lockheed Martin was awarded a $176.3 million contract to repair an element of the U.S. Navy's Aegis AN/SPY-1 weapon system, the Defense Department a

Marines declare new Joint Light Tactical Vehicles ready 2019-08-12 13:27:58 The U.S. Marine Corps announced that the Joint Light Tactical Vehicle has reached initial operational capability and is officially ready to deploy, o

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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Social media accounts should be linked with Aadhaar: New! 2019-08-19 13:22:56State says linking needed to fight terrorism and fake news as Facebook appeals that the top court hears all such cases

Time to formally link rates to repo, says New! 2019-08-19 12:46:01Shaktikanta Das says will initiate required steps in coming weeks

Corporate tax for firms with over Rs 400 New! 2019-08-19 12:08:33Arun Jaitley, as finance minister last year, had cut the corporate income tax rate to 25 per cent for companies with a turnover of up to Rs 250 crore

Donald Trump says Fed should cut interest rates New! 2019-08-19 11:53:49Trump said in a Twitter post in which he also lamented that the US dollar is so strong that "it is sadly hurting other parts of the world"

Disclosure lapses: Sebi puts stricter regulations for listed New! 2019-08-19 11:39:06Companies in violation of disclosure regulations will have to pay a penalty of Rs 20,000 per day till the date of compliance

Cash-strapped DHFL makes fresh default on Rs 1,571 New! 2019-08-19 11:33:48The defaults pertain to three cases with regard to interest payment on non-convertible debentures and commercial papers (CPs), DHFL said in a regulato

PM Modi speaks to Donald Trump amid tension New! 2019-08-19 11:18:18PM Modi said extreme rhetoric against India by some regional leaders not good for peace

Pak Army chief Bajwa gets 3-year extension, govt New! 2019-08-19 10:31:02Gen Bajwa was appointed as the chief of Army staff by former jailed prime minister Nawaz Sharif in November 2016

IL&FS money laundering case: ED summons Raj Thackeray, 2019-08-19 10:15:00The MNS dubbed it as "political vendetta" by ED

Ravinder Takkar appointed Vodafone Idea CEO; Balesh Sharma 2019-08-19 09:47:21Ravinder Takkar, currently Vodafone Group's representative in India, will be appointed as the new MD and CEO with immediate effect, the company said

Voda Idea, Airtel lose over 4 mn users 2019-08-19 08:10:51Vodafone Idea shed 41.45 lakh subscribers, and Bharti Airtel 29,883 customers during June, while the Jio continued to add customers at a breakneck spe

Slowdown 'very worrisome, businesses complaining aloud': Raghuram Rajan 2019-08-19 08:01:33Rajan also said "a fresh set of reforms" are now needed to boost the economy and growth rate

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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