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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

Oil rises alongside equities, but weak OPEC outlook 2019-08-16 13:52:23Oil prices on Friday rebounded from a two-day drop, alongside equities as expectations of further stimulus by central banks helped to ease recession c

Tyson recalls nearly 40,000 pounds of Weaver chicken 2019-08-16 13:34:00Tyson Foods Inc is recalling nearly 40,000 pounds of its Weaver chicken patties after some consumers found pieces of rubber in the product, the no. 1

U.S. housing market mired in weakness; consumer sentiment 2019-08-16 13:23:40U.S. homebuilding fell for a third straight month in July amid a steep decline in the construction of multi-family housing units, but a jump in permit

Wall Street boosted by stimulus hopes 2019-08-16 13:22:45Wall Street's three main indexes rose more than 1% on Friday, clawing back some losses from a brutal selloff this week on hopes of more stimulus from

Rental firm walks away from Tesla order after 2019-08-16 13:15:36Car rental company Nextmove has walked away from a 5 million euros ($5.55 million) order for 85 Tesla Model 3 electric vehicles following a dispute o

U.S. drillers add oil rigs for first week 2019-08-16 13:11:35U.S. energy firms this week increased the number of oil rigs operating for the first time in seven weeks despite plans by most producers to cut spendi

Wall Street Week Ahead: Lower rates could boost 2019-08-16 13:08:00Lower U.S. interest rates could help support outperforming U.S. homebuilder stocks, even as they raise worries about the economy, while a bonanza of i

PES up against the clock to sell Philadelphia 2019-08-16 12:27:48Finding a buyer for Philadelphia Energy Solutions' oil refinery has grown urgent as the bankrupt company's funds dwindle and no signs emerge that it

Dollar firms, stocks soar on ECB rate cut 2019-08-16 12:06:27The dollar strengthened while U.S. and European stocks surged on Friday amid growing expectations the European Central Bank will cut interest rates to

Deere to slash costs after trade war hits 2019-08-16 11:57:53Deere & Co. on Friday announced a review of costs after a combination of the U.S.-China trade war and bad weather dented its quarterly profits, f

U.S. surfboard makers not so stoked about China 2019-08-16 11:15:15President Donald Trump's decision to slap 10% tariffs on imported surfboards convinced surf executive Sue Bowers to move factory jobs out of China

OPEC sees bearish oil outlook for rest of 2019-08-16 09:41:54OPEC delivered a downbeat oil market outlook for the rest of 2019 on Friday as economic growth slows and highlighted challenges in 2020 as rivals pump

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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Fire breaks out at AIIMS, 22 fire tenders 2019-08-17 12:21:36Former finance minister Arun Jaitley is admitted at the Intensive Care Unit (ICU) of the cardio-neuro centre, housed in a different building in the co

Karnataka CM Yediyurappa gets govt's go-ahead for cabinet 2019-08-17 12:07:26The delay was because the party was not able to finalise the names

Jaitley on life support; Nitish, Piyush Goyal, Jyotiraditya 2019-08-17 08:46:45Others who visited AIIMS to enquire about his health are Union Health Minister Harsh Vardhan, BJP's Satish Upadhyay and Air Chief Marshal B S Dhanoa

Landline services restored in Kashmir's 17 exchanges; 50,000 2019-08-17 08:08:08These exchanges are mainly in Civil Lines area, Cantonment area, airport of Srinagar district

China urges Hong Kong to punish demonstrators who 2019-08-17 07:19:52Sunday will mark the return of mass protests organized by the Civil Human Rights Front

How Asia can break out of its role 2019-08-17 06:48:33According to some estimates, the region's pool of wealth at $110 trillion exceeds those of North America and Europe and is growing faster

Auto slowdown: Hyundai halts production for several days 2019-08-17 05:46:25Move follows similar steps taken by Maruti, Toyota, Mahindra, Ashok Leyland, Tata Motors and TVS Group firms to beat crisis

India's UN envoy Syed Akbaruddin's symbolic handshake with 2019-08-17 05:10:02Following the remarks by China and Pakistan, Akbaruddin came to the UN Security Council stakeout to give a statement on India's national position on

Indian aviation has a drinking problem and DGCA 2019-08-17 01:02:21The DGCA rules state that pilots and cabin crews who fail the alcohol test the first time are barred from flying for three months

Best of BS Opinion: Reality in J&K, breaking 2019-08-16 22:21:46Some 15,000 workers, mostly under the casual category, are out of work as auto-majors, from Tata Motors to Ashok Leyland, Hero Motocorp cut production

Over 80 payments apps face an uphill battle 2019-08-16 16:58:03Many merchants, especially in rural areas, remain unable or unwilling to accept digital transactions due to network connectivity issues and reluctance

Now, banks can directly buy gold from depositors 2019-08-16 16:38:04With relaxation, one can also deposit with refiners and purity testing centres

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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