Confusion reigns as Venezuela braces for release of new banknotesBeleaguered Venezuelans braced Monday for the rollout of President Nicolas Maduro's radical new plan to curb the spiraling hyperinflation that has thrown their oil-rich, cash-poor nation into turmoil....
Trade war puts new strains on America Inc’s factories in ChinaLarry Sloven arrived in southern China three decades ago, just as the region was taking off as the low-cost manufacturing centre of the world. Since then, he has exported millions of dollars of goods,...
Global luxury brands again chase China’s young, rich and spendthriftGlobal luxury brands from Prada to LVMH are investing in China for the first time since a crackdown on conspicuous spending five years ago, focusing on smaller, less developed cities even as the world...
Business economists say Trump tariffs will harm US: surveyBusiness economists overwhelmingly worry President Donald Trump's trade wars will harm the US economy, according to a survey released Monday. The Trump administration on Thursday is due to impose its...
Business leaders’ confidence in UK economy at lowest so far this year — surveyBusiness leaders' confidence in the British economy has fallen to its lowest point this year reflecting the impact of uncertainty over Britain's exit deal with the European Union, according to a surve...
Turkish lira crisis poses additional risk to German economy: finance ministryTurkey's currency crisis poses an additional risk to Germany's economy on top of trade frictions with the United States and the possibility of Britain leaving the European Union without a deal, the Ge...
PepsiCo to buy Israel’s SodaStream in $3.2 billion dealPepsiCo is buying household drink-machine maker SodaStream in a $3.2 billion (2.51 billion pounds)deal, it said on Monday, seeking an edge in health-conscious beverages as it battles chief rival Coca-...
Roche’s Alecensa latest beneficiary of faster China drug approvalsRoche's Alecensa lung cancer medicine became the latest beneficiary of China's efforts to speed up approvals in the world's second-biggest drug market, which is gaining importance for global pharmaceu...