China has promised to follow the Phase One trade deal reached with the United States, Secretary of State Mike Pompeo said on Friday, despite a delay in talks to review…
Category: Business
Wirecard sells assets in Brazil, a first as company winds down
Wirecard (WDIG.DE) inked a deal to sell its operations in Brazil, its insolvency administrator said on Friday, the first asset of global operations to sell after the company collapsed amid…
Europe’s travel recovery stalls in August: ticket data
Europe’s travel recovery stalled at the start of August after a stronger performance in July, as quarantine rules and warnings over rising infection rates created uncertainty and deterred tourists from…
JPMorgan to launch UK digital lender in early 2021
JPMorgan Chase & Co (JPM.N) is planning to launch its online British retail bank in the first quarter of 2021 under its Chase brand, citing technology industry sources. The planned…
Toyota sees higher vehicle output in Japan in September
Toyota Motor Corp (7203.T) on Friday said its domestic vehicle production would be 1% higher than initially planned in September, as its plants resume output levels following a steep drop…
California court ruling gives voters last word over Uber, Lyft worker rights
A California appeals court ruling on Thursday avoided a shutdown of ride-hailing services Uber and Lyft in the state, effectively handing a decision over gig worker benefits and pay to…
Japan’s consumer prices mired as deflation spectre looms
Japan’s core consumer prices were stubbornly unchanged in July, dashing hopes for a modest rise as the coronavirus pandemic hit household demand and revived fears of a national plunge back…