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BBC News - Business

1,100 jobs at risk after Karen Millen online 2019-08-06 10:19:44Fashion firm Boohoo buys the online business of High Street brands Karen Millen and Coast for £18.2m.

BBC World News business headlines 2019-08-06 10:18:09The latest international business headlines from BBC World News.

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 sets new seven-month low on trade tensions 2019-08-07 06:47:31Oil prices fell further on Wednesday, extending recent heavy losses as deepening U.S.-China trade tensions weighed on the outlook for the global econo

Tesla considers raising prices in China from September: 2019-08-07 06:31:00U.S. electric vehicle maker Tesla Inc is considering lifting its prices in China from September amid yuan-related uncertainty, two people familiar wit

Diabetes drug maker Novo Nordisk buys pill factory 2019-08-07 06:00:30Novo Nordisk said on Tuesday it had bought a factory in North Carolina that would assist in manufacturing and packaging its new once-daily pill for tr

SEC says may give firms more time to 2019-08-07 05:24:07The U.S. Securities and Exchange Commission (SEC) could extend a 30-month grace period granted to Wall Street firms to comply with European Union inve

Cautious calm returns as White House softens trade 2019-08-07 05:20:22A cautious calm returned to stock markets on Wednesday as softer rhetoric from Washington on the U.S.-China trade war soothed investors, though demand

Lanxess, Bayer sell chemical park operator to Macquarie 2019-08-07 04:58:25German chemical groups Bayer and Lanxess have agreed to sell integrated chemical site operator Currenta to Macquarie Infrastructure and Real Assets

Cobalt, Africa setbacks shrink Glencore's first-half profit 2019-08-07 04:45:04Glencore reported a 32% drop in first-half core profit on Wednesday, sending its shares to their lowest since late 2016, and said it would suspend ou

SoftBank's profit blows past estimates on Vision Fund 2019-08-07 04:40:13Japan's SoftBank Group Corp raked in a better-than-expected quarterly operating profit as it saw a leap in investing gains from its $100 billion Vis

Saudi, Abu Dhabi showing 'high interest' in investing 2019-08-07 04:07:54SoftBank Group Corp founder and CEO Masayoshi Son said on Wednesday Saudi Arabia and Abu Dhabi are showing "high interest" in investing in the seco

Toyota turns to AI startup to accelerate goal 2019-08-07 03:27:36Toyota Motor Corp has designs on making robot helpers for your home, and has enlisted a Japanese startup that specializes in artificial intelligence t

Tesla scrutinized by U.S. agency over Model 3 2019-08-07 03:07:55The U.S. National Highway Traffic Safety Administration (NHTSA) sent a cease-and-desist letter to Tesla Inc last year for not complying with the agen

Two U.S. senators raise privacy concerns over Facebook's 2019-08-07 03:02:43Democratic U.S. senators Edward Markey and Richard Blumenthal have written to Facebook Inc questioning whether there was a "worrying pattern" of po

Trading Economics

Mongolia - Credit Rating 2019-08-03 20:00:00Standard & Poor's credit rating for Mongolia stands at B with stable outlook. Moody's credit rating for Mongolia was last set at B3 with stable

Mongolia Capital Flows 2019-08-03 08:33:00Mongolia recorded a capital and financial account deficit of 415.75 USD Million in June of 2019. Capital Flows in Mongolia averaged -164.14 USD Millio

Mongolia Current Account 2019-08-03 08:13:00Mongolia recorded a Current Account deficit of 239.50 USD Million in June of 2019. Current Account in Mongolia averaged -129.98 USD Million from 1997

Mongolia Core Inflation Rate 2019-07-26 11:28:00Core consumer prices in Mongolia increased 8.30 percent in June of 2019 over the same month in the previous year. Core Inflation Rate in Mongolia aver

Mongolia Exports 2019-07-19 07:03:00Exports in Mongolia decreased to 675.62 USD Million in June from 751.38 USD Million in May of 2019. Exports in Mongolia averaged 231.46 USD Million fr

Mongolia Imports 2019-07-19 07:03:00Imports in Mongolia increased to 578.74 USD Million in June from 548.81 USD Million in May of 2019. Imports in Mongolia averaged 236.10 USD Million fr

Mongolia Balance of Trade 2019-07-19 07:02:00Mongolia recorded a trade surplus of 96.80 USD Million in June of 2019. Balance of Trade in Mongolia averaged -2.45 USD Million from 1997 until 2019,

Mongolia Mining Production 2019-07-18 11:32:00Mining production in Mongolia decreased 7.40 percent in June of 2019 over the same month in the previous year. Mining Production in Mongolia averaged

Mongolia Manufacturing Production 2019-07-18 11:31:00Manufacturing Production in Mongolia decreased 9.80 percent in June of 2019 over the same month in the previous year. Manufacturing Production in Mong

Mongolia Industrial Production MoM 2019-07-18 11:31:00Industrial Production in Mongolia decreased 9.80 percent in June of 2019 over the previous month. Industrial Production Mom in Mongolia averaged 0.82

Mongolia Industrial Production 2019-07-18 11:30:00Industrial Production in Mongolia decreased 6.70 percent in June of 2019 over the same month in the previous year. Industrial Production in Mongolia a

Mongolia Inflation Rate 2019-07-18 11:15:00The inflation rate in Mongolia was recorded at 8.10 percent in June of 2019. Inflation Rate in Mongolia averaged 9.86 percent from 2007 until 2019, re

UN News Centre - Economic

FROM THE FIELD: Turning waste into a business 2019-07-31 15:51:46The increasing volume and complexity of waste associated with modern economies is posing a serious risk to ecosystems and human health. Every year, an

Economic uncertainty, geopolitical tensions stall growth in Latin 2019-07-31 15:50:04Citing “an external context of greater uncertainty and growing complexity”, the head of the UN Economic Commission for Latin America and t

Monday’s Daily Brief: Nigeria massacre, Libya shelling condemned; 2019-07-29 15:40:57Our main stories today: UN chief and senior UN official condemn the ‘terrible massacre’ in Nigeria that left some 65 dead, and t

Thursday’s Daily Brief: Somalia bombing condemned, as UN 2019-07-25 14:55:26Our main stories today: senior UN officials condemn attacks on Somalia capital, and call for continued international support; the Internatio

Wednesday’s Daily Brief: Switzerland leads on innovation, UNICEF 2019-07-24 15:15:50Our main stories today: the latest Global Innovation Index ranks Switzerland the world’s most innovative country, the head of the UN Mission in

Switzerland ranked as most innovative country in new 2019-07-24 13:01:17The World Intellectual Property Organization, WIPO, named Switzerland as the world’s most innovative country on Wednesday, during the launch of

Top UN sustainable development forum closes with galvanized 2019-07-19 18:28:55In closing the High-level Segment of the Economic and Social Council (ECOSOC) on Friday, President Inga Rhonda King assured participants that the sess

Thursday’s Daily Brief: Mandela Day, war waning in 2019-07-18 16:47:48In today’s Daily Brief: World celebrates Nelson Mandela; Security Council hears end of Yemen war may be in sight; South Asia children turned &ls

Asia and Pacific on course to miss all 2019-07-18 10:00:42Unless progress is accelerated, Asia and the Pacific are on course to miss all of the 17 Goals of the UN’s 2030 Agenda for Sustainable Developme

DR Congo Ebola outbreak now an international Public 2019-07-17 15:29:01The second worst Ebola outbreak of all time, in the Democratic Republic of the Congo (DRC), was officially declared an international Public Health Eme

Monday’s Daily Brief: numbers of hungry people rising, 2019-07-15 16:23:10In today’s Daily Brief: achieving zero hunger an “immense challenge”, with numbers of hungry rising; 20 million children are missing

UN highlights importance of skills development on World 2019-07-15 10:37:59At UN Headquarters, and across the globe, events are taking place on Monday to celebrate World Youth Skills Day – marked each year on 15 July &n

Christian Science Monitor |

China's yuan falls to lowest level in 11 2019-08-06 14:30:03Falling to nearly 14 cents to the dollar, the yuan's currency devaluation could become another tool in an ongoing trade war with the U.S. 

Who’s the boss? In worker-owned cooperatives, everyone is. 2019-08-06 14:30:03For 12% of U.S. workers, employee-owned co-ops offer a path to economic equality that resonates with socialists, liberals, and conservatives

Flagship stores lose luster, companies turn focus online 2019-08-06 14:30:03Gap, Tommy Hilfiger, and Polo Ralph Lauren have all left Fifth Avenue in New York. Other retailers are adapting to the changing ways customers shop.&n

Rate cuts with little risk? The unexpected taming 2019-08-06 14:30:03For the first time since the Great Recession, the Federal Reserve cut interest rates on Tuesday by a quarter of a point.

Why wealth and patience appear to go hand 2019-08-06 14:30:03Patience 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. 2019-08-06 14:30:03Can 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 2019-08-06 14:30:03Between 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 2019-08-06 14:30:03Isolation 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 2019-08-06 14:30:03As 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 2019-08-06 14:30:03Investors 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 2019-08-06 14:30:03Access 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 2019-08-06 14:30:03Rent assistance is drying up for many rural housing projects. Construction costs keep rising. Yet many rural communities need to attract more workers.

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