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Australia watchdog says Vodafone misled customers over digital purchases

Australia's competition watchdog said https://www.accc.gov.au/media-release/vodafone-to-compensate-customers-over-direct-carrier-billing-charges on Tuesday Vodafone had admitted that it misled thousands of customers for five years by charging them for digital content they bought unknowingly from the telecom company's third-party billing service.



4 years ago

Ryanair cuts 2020 passenger forecast, fearing Boeing MAX delays

Europe's largest budget airline Ryanair has cut its forecast for passenger numbers next summer, blaming possible further delays in deliveries of Boeing 737 MAX planes.



4 years ago

China says misleading to suggest it needs trade deal due to slowing economy

China's Foreign Ministry said on Tuesday that it was misleading to suggest Beijing needed a trade deal with the United States because its economy was slowing, following a tweet by U.S. President Donald Trump.



4 years ago

Renault sees new model push as softening sales decline

French carmaker Renault posted a 6.7% decline in first-half vehicle sales amid a global auto slowdown, but said a forthcoming product offensive would begin to help soften the blow in key markets.



4 years ago

Bayer shares up 1.8% trade after U.S. Roundup rule

Shares in German chemicals company Bayer rose 1.8% in early trade on Tuesday after a U.S. judge slashed a damages award Bayer owes a California man who blamed its Roundup weed killer for his cancer.



4 years ago

South Korea bourse fines BofA Merrill Lynch branch over irregular trading

The Korea Exchange (KRX) said on Tuesday it has decided to impose a 175 million won ($148,655) fine on Bank of America Merrill Lynch's South Korean unit for irregular trading activities.



4 years ago

South Korean forced labor victims to seek Japan's Mitsubishi asset sale

South Koreans forced to work for Japanese occupiers will seek a court order to forcibly liquidate Japan's Mitsubishi Heavy Industries' assets to compensate them, their lawyers said on Tuesday, risking more Japanese anger over the issue.



4 years ago

Oil falls as U.S. resumes Gulf of Mexico output, boosts shale supplies

Oil prices dipped on Tuesday, extending losses from the previous session, as output in the U.S. Gulf of Mexico resumed after Hurricane Barry and as U.S. shale production is set to rise to a record.



4 years ago

China says Trump 'misleading' people linking trade deal, slowing economy

China on Tuesday rebuffed a suggestion from U.S. President Donald Trump that Beijing needs a trade deal with the United States because its economy was slowing, saying this was "totally misleading" and that both countries wanted an agreement.



4 years ago

U.S. property trust Vornado challenges Arcadia's restructuring plan

Philip Green's fashion empire Arcadia Group on Tuesday said it received applications from legal entities of U.S.-based property group Vornado challenging two of its seven planned Company Voluntary Agreements (CVAs).



4 years ago

South Korea bourse fines BofA Merrill Lynch over irregular trading

The Korea Exchange (KRX) said on Tuesday it has imposed a 175 million won ($148,655) fine on Bank of America Merrill Lynch's South Korean unit for irregular trading activities.



4 years ago

Ryanair halves 2020 growth plans on Boeing MAX delays

Ryanair has slashed its growth plans for next summer, blaming delays in deliveries of Boeing's grounded 737 MAX jet, lifting the shares of rival airlines which had feared a surge in new planes would hit ticket prices.



4 years ago

Husqvarna cools on 2019 margin after chill dents lawn mower demand

Husqvarna , the world's biggest maker of garden power tools such as robotic lawn mowers, blamed cold weather for a fall in second-quarter sales and said the dip in demand meant it would probably not achieve its margin target this year.



4 years ago

Oil steadies as U.S. supply concerns ease, Iran tension unresolved

Oil prices steadied on Tuesday as a resumption of output in the Gulf of Mexico after Hurricane Barry and a boom in U.S. supply due to shale oil countered tensions in the Middle East.



4 years ago

World stocks mark time ahead of U.S. data, earnings

Global stocks struggled to cling to recent gains on Tuesday and the dollar lingered with markets awaiting U.S. data and a slew of corporate and bank earnings for a fresh readout on the health of the world's largest economy.



4 years ago