Asian stocks down for third session as trade, EM worries persist
Asian stocks dropped for the third consecutive session on Monday, hit by worries over further escalation of the U.S-China trade war and unstable emerging market currencies.
JD.com CEO released after U.S. arrest for alleged sexual misconduct
The billionaire CEO of Chinese e-commerce giant JD.com Inc , Richard Liu, was arrested in the U.S. state of Minnesota on suspicion of criminal sexual conduct and later released, and police said an investigation is ongoing.
Starbucks gets new NZ partner in struggle to win Kiwi coffee connoisseurs
Starbucks Corp will have a new partner in New Zealand after the license holder said it will not renew its two-decade-old deal in a region where an entrenched coffee culture has made it difficult for the world’s largest coffee chain to thrive.
Oil falls on rising output from OPEC and United States
Oil prices fell on Monday amid rising supply from OPEC and the United States, outweighing concerns that falling Iranian output will tighten markets once U.S. sanctions bite from November.
Asian stocks dip on trade, emerging market woes
Asian stocks dropped for the third consecutive session on Monday, hit by worries over further escalation of the U.S-China trade war and unstable emerging market currencies.
Brent crude oil dips on rising OPEC output; looming sanctions on Iran prevent bigger fall
Brent crude oil prices dipped on Monday amid rising supply from OPEC and the United States, although expectations of falling Iranian output once U.S. sanctions bite from November provided some support.
Global stocks still hooked on buybacks; trade war snaring more bulls: Reuters poll
The historic run-up in world shares will continue through 2019, but the outlook for almost half of the major bourses polled by Reuters has slipped, with many now only expected to recoup losses from this year’s sell-off.
NZ’s Restaurant Brands to exit Starbucks business in New Zealand
Restaurant Brands New Zealand Ltd said on Monday it would not renew its license deal with Starbucks Corp when it expires in October.
Ford to cut car models as part of restructuring: The Times
U.S. automaker Ford Motor Co plans to drop production of some of its automobile models as part of a planned operational restructuring announced earlier this year, sources told The Times.
JD.com’s billionaire CEO released after U.S. arrest
The billionaire founder and chief executive of Chinese e-commerce firm JD.com Inc , Richard Liu, was arrested in the U.S. state of Minnesota on suspicion of criminal sexual conduct and later released after what the company said was a false accusation.
