Oil down more than 1.5% as trade war concerns hit demand outlook
Oil prices fell on Monday on global growth concerns after U.S. President Donald Trump last week threatened China with more tariffs, which could limit crude demand from the world’s two biggest buyers.
Tesco to cut 4,500 jobs in Metro restructuring
British supermarket chain Tesco is cutting about 4,500 jobs from its Metro stores to improve the efficiency of a format that is increasingly used by customers daily rather than for a traditional weekly shop.
HSBC’s Flint reversal raises risks for chairman Tucker
HSBC’s shock ousting of John Flint as chief executive was seen by some investors and bank insiders on Monday as a risky gambit by Chairman Mark Tucker given the political and economic uncertainties in the bank’s core markets.
Google pledges carbon-neutral shipping, recycled plastic for all devices
Alphabet Inc’s Google on Monday announced that it would neutralize carbon emissions from delivering consumer hardware by next year and include recycled plastic in each of its products by 2022.
Wall Street slips at open as yuan slide deepens trade fears
U.S. stocks opened lower on Monday, extending a sell-off from last week, weighed down by a drop in technology shares and as China’s yuan hit its lowest in more than a decade on escalating U.S.-China trade concerns.
Wall Street set for steep fall at open as yuan slide deepens trade fears
U.S. stocks were set to open sharply lower on Monday as China’s yuan hit its lowest in more than a decade, spurring a continuation of a sell-off on trade concerns on Friday that generated the S&P 500’s worst weekly performance of 2019.
Bombardier-led consortium wins $4.5 billion monorail contract in Egypt
A consortium led by Bombardier Inc said on Monday it had won a contract to build and operate two monorail lines in Egypt for more than $4.5 billion.
Oil down over 1% as trade war concerns hit demand outlook
Oil prices fell on Monday on global growth concerns after U.S. President Donald Trump threatened China with more tariffs, which could limit crude demand from the world’s two biggest buyers.
IBM and other companies launch new blockchain network for supply management
International Business Machines Corp announced on Monday a new blockchain network aimed at improving manual and cumbersome supply chain management.
Walmart’s Flipkart to add free movies, videos streaming to its app
Walmart Inc’s Indian unit Flipkart is set to roll out a free video service for all of its 160 million customers this month as the ecommerce company looks for new ways to increase its user base in smaller towns and cities, it said on Monday.
