H&M to close down its struggling Cheap Monday brand
H&M , the world’s second-biggest fashion retailer, said on Tuesday it would close down its struggling independent brand Cheap Monday.
British and Dutch regulators fine Uber for 2016 data hack
British and Dutch regulators on Tuesday fined ride-hailing service Uber [UBER.UL] for failing to protect customers’ personal information during a 2016 cyber attack involving millions of users.
Mitsubishi Motors executive says Nissan-Renault alliance can survive turmoil
A senior executive at Mitsubishi Motors Corp said on Tuesday its alliance with Nissan Motor and Renault SA can survive management upheaval, a day after it fired Carlos Ghosn as chairman citing financial misconduct.
Sino-U.S. trade tensions put brakes on stocks rally
Stock markets fought to keep a global rebound alive on Tuesday after U.S. President Donald Trump seemed to quash hopes of a trade truce with China, clouding what had been a bright start to the week.
Norwegian Air to introduce its first flights to Brazil in 2019
Budget carrier Norwegian Air will launch its first flights to Brazil in 2019, the company said in a statement on Tuesday.
Oil falls on record Saudi output; eyes G20 and OPEC
Oil prices fell on Tuesday, depressed by record Saudi Arabian production even as the kingdom tried to persuade other exporters to agree output cuts ahead of an OPEC meeting next week.
Japan’s Line teams up with Mizuho, Tencent; shares leap
Japanese chat app operator Line Corp will set up a bank with Mizuho Financial Group Inc and also partner China’s Tencent Holdings Ltd to offer mobile payment services – plans which saw its stock rise 13 percent on Tuesday.
Stock futures, Aussie get brief boost from U.S.- China trade deal hopes
Stock futures in Europe and the United States turned briefly positive on Tuesday and the trade-sensitive Australian dollar spiked higher after a report that U.S. President Donald Trump and Chinese President Xi Jinping had agreed on trade.
Dismantling the oil industry: rough North Sea waters test new ideas
(This Nov. 27 story has been refiled to correct spelling of surname of Oil and Gas UK decommissioning manager.)
Japan’s Line ties up with Tencent, Mizuho; shares jump
Japanese chat app operator Line Corp announced a tie-up with China’s Tencent Holdings to offer mobile payment services, and plans to set up a bank with Mizuho Financial Group Inc , sending its shares up 13 percent on Tuesday.
