‘We are not amused’: Belgian monarchy angered by Burger King
BRUSSELS (Reuters) – Burger King is in trouble with Belgium’s monarchy over an advertising campaign asking Belgians to vote online to “crown” the global fast-food giant the true ruler of the country where the U.S. brand will launch next month.
U.S. companies no longer know rules of game under Trump, Hasbro director says
CASCAIS, Portugal (Reuters) – Confusion surrounding the trade policies of U.S. President Donald Trump’s administration means U.S. companies no longer know the rules of the game, a board member and former CEO of toymaker Hasbro told an international co…
With flights back in the skies, British Airways must now repair damaged reputation
LONDON/BERLIN (Reuters) – British Airways must turn its attention to repairing its brand after a weekend of chaos and criticism caused by a major IT outage that grounded flights from London’s two main airports.
RBS investor group accepts offer to end lawsuit over 2008 cash call
LONDON (Reuters) – A group representing Royal Bank of Scotland investors has accepted an out-of-court deal to settle a lawsuit that aimed to call disgraced former CEO Fred Goodwin to account over a 12 billion pound ($15 billion) cash call in 2008.
Japan Tobacco plans to quadruple smokeless tobacco output capacity by 2018: CEO
TOKYO (Reuters) – Japan Tobacco Inc plans to spend $500 million to quadruple its smokeless tobacco production capacity by the end of 2018, as it races against bigger rival Philip Morris for a larger share of the Japanese vaping products market.
BMW says shortage of parts from Bosch hampers production
FRANKFURT (Reuters) – German carmaker BMW said a shortage of steering gears supplied by Robert Bosch [ROBG.UL] slowed production of several of its compact and mid-sized models and caused stoppages at its plants in South Africa and China.
China’s slam dunk ‘sharing economy’ booms, but can it last?
BEIJING (Reuters) – Fancy shooting some hoops, but don’t have a basketball? Caught in the rain with no umbrella? Smartphone run out of juice?
As Fed raises rates, aim is not to roil markets, Williams says
(Reuters) – The U.S. economy is at or near the Federal Reserve’s goals of full employment and stable prices, San Francisco Fed President John Williams said, adding that the U.S. central bank wants to make sure markets stay calm as it slowly returns int…
British Airways vows ‘never again’ after costly IT collapse
LONDON (Reuters) – British Airways (BA) said it would take steps to ensure there was no repeat of a computer system failure that stranded 75,000 passengers over a holiday weekend and turned into a public relations disaster.
Dollar edges up, markets take North Korea missile test in stride
TOKYO (Reuters) – The dollar edged higher against a basket of currencies on Monday, moving away from last week’s 6-1/2-month lows and shrugging off news of North Korea’s latest missile test as investor attention turned to the Federal Reserve’s expected…
