Business

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Wine producers from Burgundy worry over Brexit

Wine producers from the town of Chablis in France's Burgundy region are worried about the likely repercussions of Brexit on the distribution of their...
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Equifax could end in bankruptcy – expert

Damages from the Equifax data breach could destroy the company, says technology lawyer Mark Grossman. Fred Katayama reports. Peoples are using these keywords: Payroll unit,...
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Wall Street edges up as Fed eyed

Stocks rose modestly Tuesday as investors refrained from making big moves ahead of the conclusion of the Federal Reserve's two-day policy meeting. Fred Katayama...
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Germany: economy propels Merkel towards 4th term

German investor sentiment has improved by more than expected in September in readings that bode well for Chancellor Angela Merkel as she seeks a...
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UK fishermen see Brexit boom, but there's a catch

Britain's vote to leave the EU has cast a shadow over the future of Europe's fishermen who fear that the British government could take...
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Fed likely to shrink bond portfolio

Economists expect the U.S. central bank to announce it'll stop buying bonds, marking another big milestone toward ending crisis-era measures. Fred Katayama reports. Peoples are...
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Italy's coffee rivals square off as Starbucks moves in

Two of Italy's biggest coffee houses are reinforcing their brands with flagship cafes in Milan near the spot where U.S. rival Starbucks is set...
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Lost billions as Korea Inc's China woes grow

A year after the Chinese President warned South Korea that a U.S. anti-missile defence system could hurt strategic ties between the two countries, South...
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CBS set to take-over Australia's Ten Network

Creditors of Australia's embattled Ten Network Holdings Ltd have agree to a A$209.7 million ($167 million) buyout from CBS Corp. As Kate King...
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Playtime over for Toys 'R' Us?

Toys 'R' Us Inc, the largest U.S. toy store chain, has filed for bankruptcy protection. As David Pollard reports, it's the latest sign...
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Brexit to hit 10k UK finance jobs – survey

Around 10,000 finance jobs will be shifted out of Britain or created overseas in the next few years if the UK is denied access...
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Wall Street edges higher

U.S. markets hit new records during the day and ended the session in the green. Technology stocks lost ground late in the day. Roselle...
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Northrop Grumman to buy Orbital for $7.8 bln

U.S. defense contractor Northrop Grumman buys missile and rocket maker Orbital for about $7.8 billion in cash, giving it access to lucrative contracts with...
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Spending goes out of style in Brexit Britain

British households are feeling the tightest squeeze on their finances in three years. The latest survey comes as London Fashion Week is in...
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Walgreens to revise Rite Aid deal

Walgreens Boots Alliance is set to revise its agreement to buy some Rite Aid stores to resolve outstanding antitrust concerns, according to Bloomberg. Roselle...
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KPMG South Africa facing legal action

South Africa's tax agency on Monday accused KPMG of "unethical" and "unlawful" behaviour and said it plans to take legal action against the global...
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Filipino Jollibee may bid for UK's Pret A Manger

Jollibee Foods Corp, popular in the Philippines for its sweet-style spaghetti and fried chicken, is exploring a bid for Britain's Pret A Manger which...
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Resort makeover for China's Hengqin island

Investors are ploughing billions of dollars into a special economic zone on China's southern coast to reshape the former sleepy island of Hengqin into...

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