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China September exports, imports in deeper contraction as tariffs take toll

A slide in China's exports picked up pace in September while imports contracted for a fifth straight month, pointing to further weakness in the economy and underlining the need for more stimulus as the Sino-U.S. trade war drags on.



4 years ago

Emirates sees place for Boeing 787 in airline’s fleet: President

Emirates Airline President Tim Clark said on Monday he sees a place for Boeing's 787 aircraft in the Dubai airline's fleet.



4 years ago

Liberty Global backs Sunrise capital hike with 500 million sfr offer

Liberty Global has offered to buy up to 500 million Swiss francs ($502.11 million) in newly created Sunrise Communications shares - a move aimed at rescuing the 6.3 billion franc sale of its Swiss business.



4 years ago

Trump's hailing of $50 billion in Chinese farm purchases seen as 'meaningless'

China is still a long way from forking out $50 billion for farm goods from the United States, agriculture industry analysts said on Monday, cautioning that getting there is contingent on removing substantial technical and political hurdles.



4 years ago

WTO authorizes U.S. to target EU goods with tariffs over Airbus

The World Trade Organization (WTO) formally authorized the United States on Monday to impose tariffs on up to $7.5 billion of imports of EU goods after a decision earlier this month by a WTO arbitrator over subsidies to planemaker Airbus .



4 years ago

Oil prices down as U.S.-China trade deal has no outcome

Oil prices eased on Monday as scant details on the first phase of a trade deal between the United States and China undercut last week's optimism over a U.S.-Sino thaw that helped to lift crude markets by 2% at the end of last week.



4 years ago

Emirates president says he does not expect to take any Boeing 777x in 2020

Emirates doubts it will receive any of the 115 Boeing 777-9s it has ordered next year, its president said on Monday, as the U.S. planemaker grapples with challenges in building the jet.



4 years ago

Volkswagen CEO says electric car shift won't hurt margins: paper

Volkswagen does not expect the shift in production toward electric cars aimed at averting billions of euros in European pollution fines to hurt its profit margins, Chief Executive Herbert Diess said in a newspaper report on Monday.



4 years ago

Laura Ashley CFO to leave retailer after two decades

Clothing and furnishing retailer Laura Ashley Holdings Plc said on Monday it had named Sagar Mavani as its chief financial officer, replacing Seán Anglim who has been with the company since 1998. Mavani's appointment comes at a time when the company is struggling with poor performance in its home furnishings business and a decline in online sales. The company swung to a full-year pretax loss of almost 10 million pounds ($12.57 million) earlier this year. Anglim, w



4 years ago

Global stocks slip amid lack of detail on trade deal

A global index of stock markets slipped on Monday as signs of progress in the China-U.S. trade dispute drew mixed a reaction from investors, with some cautioning over a lack of detail in the initial stages of the agreement.



4 years ago

WTO clears U.S. to target EU goods with tariffs over Airbus

The World Trade Organization (WTO) formally authorized the United States on Monday to impose tariffs on up to $7.5 billion of imports of EU goods after an arbitrator's decision over subsidies to planemaker Airbus .



4 years ago

Freenet still rejects Sunrise deal despite Liberty Global offer

Freenet still opposes Sunrise's 6.3 billion Swiss franc ($6.32 billion) deal to buy Liberty Global's Swiss business, despite a new offer from the American seller to take part in the acquisition.



4 years ago

Oil falls due to caution over first phase of U.S.-China trade deal

Oil prices fell on Monday as scant details about the first phase of a trade deal between the United States and China undercut optimism over a U.S.-Sino thaw that had helped lift crude markets by 2% at the end of last week.



4 years ago

Liberty Global backs Sunrise deal to tune of $500 million

Liberty Global has offered a 500 million Swiss franc ($501.45 million) sweetener to rescue the sale of its Swiss cable and TV business to Sunrise Communications but a key Sunrise shareholder said it remained opposed to the deal.



4 years ago

Sempra Energy to sell Chilean businesses for $2.23 billion to China's State Grid

U.S. power company Sempra Energy said on Monday it would sell is Chilean businesses to China's State Grid International Development Limited for $2.23 billion in cash.



4 years ago