LVMH’s Vuitton taps Off-White’s Virgil Abloh to design menswear
PARIS (Reuters) – LVMH’s Louis Vuitton brand, the biggest revenue driver at the French luxury goods group, said on Monday it had hired Virgil Abloh, the founder of streetwear label Off-White, to design its menswear collections.
Asian shares battered as trade war fears sap sentiment
SYDNEY (Reuters) – Asian shares were hammered again on Monday as fears of a trade war between the United States and China took their toll, but the safe haven yen came off its highs and U.S. stock futures climbed as investors saw some light at the end o…
Battered by Great Recession, underfunded public pensions to persist
CHICAGO (Reuters) – Ten years on from the financial crisis, many U.S. state and local public pension systems are still the worse for wear.
Americans less likely to trust Facebook than rivals on personal data
(This March 25 story has been corrected to remove reference to level of trust being lost over time)
U.S. sends China to-do list to reduce trade imbalance: WSJ
BEIJING (Reuters) – The United States asked China in a letter last week to cut the tariff on U.S. autos, buy more U.S.-made semiconductors and give U.S. firms greater access to the Chinese financial sector, the Wall Street Journal reported on Monday, c…
Uber sells Southeast Asia business to Grab after costly battle
SINGAPORE/SAN FRANCISCO (Reuters) – Uber Technologies Inc has agreed to sell its Southeast Asian business to bigger regional rival Grab, the ride-hailing firms said on Monday, marking the U.S. company’s second retreat from an Asian market.
Megaupload founder wins battle in ongoing fight against U.S. extradition
WELLINGTON (Reuters) – Internet entrepreneur Kim Dotcom won one battle with New Zealand authorities on Monday when a Wellington court ruled the attorney general broke the law by refusing his request to be given all information about him held by public …
Mnuchin: Trump not afraid of a trade war with China – Fox News
WASHINGTON (Reuters) – Despite threats of retaliation from China over U.S. plans to impose tariffs on up to $60 billion in Chinese goods, Treasury Secretary Steve Mnuchin on Sunday said President Donald Trump had no intention of backing down and was no…
Uber agrees to sell Southeast Asia business to Grab after costly battle
SINGAPORE/SAN FRANSICO (Reuters) – Ride-hailing firm Uber Technologies Inc [UBER.UL] has agreed to sell its Southeast Asian business to bigger regional rival Grab, the firms said in a statement on Monday, marking the U.S. company’s second retreat from …
South Korean firms hit by GM plant shutdown to get $37 million aid: cenbank
SEOUL (Reuters) – South Korea’s central bank said on Monday it would grant 40 billion won ($37 million) of aid to mid-to-small sized companies that are hit by the shutdown of a General Motor’s [GM.N] plant.
