China says has to retaliate if U.S. implements new tariffs
China’s commerce ministry said on Thursday that China will be forced to retaliate if the United States implements new tariff measures.
Burberry to stop burning unsold goods, removes real fur from collections
British luxury brand Burberry said it would no longer burn millions of pounds worth of unsold goods or use real fur in its collections after an uproar over its environmental credentials.
Starbucks’ Italian dream comes true, but it is not cheap
Starbucks, the world’s biggest coffee chain, will realize its chairman’s dream on Friday when it opens an upmarket roastery and cafe in Milan, but the test will be to convince coffee-obsessed Italians to pay more for their daily espresso.
Asian shares a sea of red on trade, emerging market anxieties
Asian shares skidded for a sixth straight session on Thursday, oil slipped and safe-haven gold gained with investor confidence shaken by turmoil in emerging markets and jitters over a potentially severe escalation in the U.S.-China trade war.
Facebook to invest $1 billion in first Asian data centre in Singapore
Facebook said on Thursday it will invest more than $1 billion to build its first data centre in Asia in Singapore, slated to open in 2022.
Facebook to build first Asian data center in Singapore
Facebook said on Thursday it will build its first data center in Asia in Singapore, investing more than $1 billion.
Asian shares extend losses on trade, emerging market anxiety
Global equities remained under pressure with stocks in Asia down for the sixth straight day on Thursday amid fragile investor confidence in the wake of turmoil in emerging markets and anxiety about a major escalation in the U.S.-China trade conflict.
Justice Department probes whether social media is ‘stifling’ speech
The U.S. Department of Justice and state attorneys general will meet this month to discuss concerns that social media platforms are “intentionally stifling the free exchange of ideas,” the department said on Wednesday.
NAFTA talks make progress; U.S., Canadian officials to work into night
The United States and Canada have made progress in talks to revise the North American Free Trade Agreement, and officials from the two sides will work together into the night to flesh out areas for further discussion, Canadian Foreign Minister Chrystia…
Virgin Australia strategy, CEO search complicated by airline investors
Under CEO John Borghetti, Virgin Australia Holdings Ltd transformed from a budget airline into a serious rival to Qantas Airways Ltd with the backing of strategic investors including Singapore Airlines Ltd and China’s HNA Group.
