Burger King halts advertising campaign that upset Belgian monarch
BRUSSELS (Reuters) – Burger King has withdrawn an advertising campaign in Belgium where its use of the king’s image had angered the country’s monarch.
Soros says Brexit talks could last five years, risks distracting EU
BUDAPEST (Reuters) – Billionaire financier George Soros warned the European Union on Thursday that it was facing an “existential crisis”, saying the bloc should not let protracted Brexit talks distract it from making vital reforms.
U.S. small business borrowing drops to six-month low
(Reuters) – In a sign that economic growth may soften ahead, borrowing by small U.S. firms dropped to a six-month low in April, data released on Thursday showed.
Exclusive: Bank of England faces strike action over pay as union launches ballot
LONDON (Reuters) – Staff at the Bank of England will begin voting on Thursday on whether to hold a strike this year in protest at below-inflation pay rises, union sources told Reuters.
‘Axis of love’: Saudi-Russia detente heralds new oil order
MOSCOW (Reuters) – A meeting between the two men who run Russia and Saudi Arabia’s oil empires spoke volumes about the new relationship between the energy superpowers.
Asian factories lose momentum in May, Europe stays buoyant
LONDON/NEW DELHI (Reuters) – Factories across much of Asia ran into a soft patch in May as export demand slowed but those in Europe enjoyed buoyant growth amid signs of steady improvement in the global economy.
T-Mobile’s expanded network has rivals – and suitors – taking notice
NEW YORK (Reuters) – T-Mobile US Inc has built a reputation as a scrappy underdog by offering cell service with no contracts and cheap prices.
Sears says some Kmart customer credit card numbers compromised
(Reuters) – Sears Holdings Corp said on Wednesday it found a security breach involving “unauthorized” credit card activity following some customer purchases at its Kmart stores.
Fed’s Williams bullish on U.S. economy, sees total three rate hikes this year
SEOUL (Reuters) – San Francisco Federal Reserve Bank President John C. Williams said on Thursday he sees a total of three interest rate increases for this year as his baseline scenario, but views four hikes as also being appropriate if the U.S. economy…
Exclusive: SoftBank to let OneWeb-Intelsat merger collapse – sources
(Reuters) – Japan’s SoftBank Group Corp will let the $14 billion merger between its satellite startup OneWeb and peer Intelsat SA fall through, after failing to get enough of Intelsat creditors to back it, people familiar with the matter said on Wednes…
