Belgian labor authority launches court case against Deliveroo
Belgium’s labor authority launched the first stage of a court case against British food delivery group Deliveroo on Monday, challenging working conditions for the firm’s 3,500 riders in Brussels.
IMF cuts global growth forecasts as India falters, says bottom may be near
The International Monetary Fund on Monday trimmed back its 2020 global growth forecasts due to sharper-than-expected slowdowns in India and other emerging markets but said a U.S.-China trade deal was another sign that trade and manufacturing activity m…
BBC’s Hall to step down ahead of crunch funding talks with British government
The BBC’s most powerful man will step down in six months to allow a new person to lead negotiations with Prime Minister Boris Johnson’s government over a financing model for the publicly funded broadcaster.
Global FDI dips, hit by Hong Kong divestment, Brexit: U.N.
Global direct foreign investment (FDI) dipped slightly around the world last year, hit by massive divestment in Hong Kong and a drop in flows into Britain due to Brexit uncertainty, the United Nations said on Monday.
Global stocks stay near record highs; focus turns to central banks, earnings
World stocks traded just below record highs on Monday, pausing ahead of this week’s central bank meetings, economic data and earnings, while oil prices rose to their highest in over a week after blockades began shutting down two Libyan oilfields.
Meng Wanzhou’s freedom on trial as China-U.S. clash plays out in Canada court
Huawei Chief Financial Officer Meng Wanzhou will be in a Vancouver courtroom on Monday for the first day of her extradition trial, a process expected to take months – possibly years – to decide whether she can be extradited from Canada to the United St…
Markets regulators struggling to keep up with technology: SEC’s Jackson
The rapid growth of digital assets and computer-driven investment advice has become a key challenge for regulators in trying to keep up with technological advances while seeking to protect investors, a U.S. markets regulator said on Monday.
Boeing customer Air Lease says ‘damaged’ MAX brand should be dropped
The chairman of major aircraft leasing firm Air Lease , which has 150 of Boeing’s grounded 737 MAX jet on order, on Monday called on the U.S. manufacturer to drop the “damaged” MAX brand to avoid it undermining the plane’s value.
Apple’s Cook says global corporate tax system must be overhauled
Everyone knows that the global corporate tax system needs to be overhauled, Apple Chief Executive Tim Cook said on Monday, backing changes to global rules that are currently under consideration.
Key events in Huawei CFO Meng Wanzhou’s extradition case
Meng Wanzhou, chief financial officer of Huawei Technologies Co Ltd, will appear in a Vancouver, Canada, courtroom on Monday for the first day of her extradition trial, a process expected to take months – possibly years – to decide whether she can be e…
