Trade war rumbles hit emerging stocks sending Indian rupee to record lowLONDON: Fears over a rapid escalation of trade wars hit emerging markets on Monday, sending stocks to a fresh 2018 low and hurting major currencies with India’s rupee tumbling to record lows and Russi...
Las Vegas is booming again, and bracing itself for next slumpDiane Han is trying to leave the Las Vegas of her childhood behind. Her mother is a blackjack dealer at Caesar's Palace, one of the mega-casinos on the Las Vegas Strip, while her father works in house...
Chinese companies flee overseas to avoid US tariffsBEIJING: A growing number of Chinese companies are adopting a crafty way to evade US President Donald Trump’s tariffs: remove the “Made in China” label by shifting production to countries such as Viet...
Oil prices climb as Iran sanctions loom; US looks to prevent supply shortfallOil prices rose on Tuesday amid looming US sanctions against Iran's petroleum industry, despite efforts by Washington to get other major suppliers to make up for the expected disruption. US West Texas...
Unilever single holding company shares to start trading in DecemberConsumer goods giant Unilever said simplifying its parent company structure from two UK and Dutch legal entities into a single holding company would conclude in December, when shares in the new firm w...
Musk says Tesla to drop some colour options for cars to simplify productionTesla Inc will eliminate some color options for its electric cars to streamline production, Chief Executive Officer Elon Musk tweeted on Tuesday, as the company intensifies its efforts to ramp up prod...
Japanese firms dealing with Russia feel little impact from US sanctions —SumitomoJapanese firms dealing with Russia were experiencing little impact from US sanctions on Moscow, but it was possible that they may also be sanctioned by the United States, the managing executive office...