UK union calls on its Uber drivers to strike on Tuesday
A British trade union called on Uber [UBER.UL] drivers to strike in London, Birmingham and Nottingham on Tuesday for 24 hours by not signing into the app, in a push for higher fares and more working rights.
Czechs join Ireland, Nordic countries in opposing EU digital tax
The Czech Republic joined opposition by Ireland, Finland and Sweden to the European Union’s proposed tax on big internet companies in a joint paper warning that the measures may breach international treaty obligations.
Starbucks taps Hyatt financial chief to be its new CFO
Starbucks Corp on Monday named Hyatt Hotels Corp’s financial chief Patrick Grismer as its new chief financial officer, making another leadership change in the past year as it battles intense competition in a cooling U.S. coffee market.
World shares slide on China growth fears, dollar gains
A gauge of global equity markets slumped on Monday amid unease over the impact of the escalating U.S.-Sino trade war on China’s growth, while the dollar gained versus the euro and Italian bond yields spiked on the ongoing spat over Italy’s budget plans…
General Motors China sales go into reverse as market stalls
General Motors Co’s quarterly sales in China fell for the first time in over a year, hit by faltering economic growth and a wider slowdown in the world’s biggest auto market amid a whipsawing trade war with the United States.
EU bank watchdog examining Danish handling of Danske
Denmark’s financial watchdog faces an inquiry by the European Union’s banking supervisor into how it supervised Danske Bank , which last week said it was being investigated by the U.S. Department of Justice over alleged money laundering.
Wall Street slightly lower as tech stocks, oil weigh
U.S. stock indexes were lower on Monday, pressured by a drop in technology and energy companies and muted appetite for equities after last week’s spike in Treasury yields following healthy economic data.
Schroders targets British wealth boost with Lloyds tie-up
Schroders could soon help manage the money of people with significantly less in their bank accounts than the super-rich it has targeted so far, if talks with Lloyds about a wealth management tie-up succeed.
Fiat Chrysler prepares to produce plug-in hybrid Jeep Renegade
Fiat Chrysler (FCA) said on Monday it had kicked-off preparations for the production of a plug-in hybrid version of the Jeep Renegade as the carmaker pushes ahead with its electrification drive to meet tougher emissions rules.
Wall Street falls at open as oil prices, yields weigh
U.S. stocks fell at open on Monday, as a drop in crude prices hurt energy companies and on muted appetite for equities after last week’s spike in Treasury yields following healthy economic data.
