Business
Latest stories
China's Imports, Exports Tumble More Than Expected in February

China's exports and imports plummeted much more than expected in February, official data showed Friday, adding to worries about slowing growth in the world's number two economy as it fights a trade war with the US.

Its politically sensitive trade surplus with the US narrowed to $14.7 billion for the month from $27.3 billion in January, the data from China's customs administration showed. 

W140 Full Story
'Tired' Ghosn Recovers, as Lawyers Ready 'Thorough' Defense

Former Nissan chief Carlos Ghosn's top lawyer vowed Thursday to mount a "thorough" defense to restore his client's reputation, as the "tired" businessman spent his first day out of a Tokyo detention center recovering.

W140 Full Story
'Nearly a Third' of British Billionaires Moved to Tax Havens

Nearly a third of Britain's billionaires have either moved or are relocating to tax havens, where some have broken UK law by bankrolling political parties, a major investigation said on Thursday.

W140 Full Story
UK Insurer Aviva Warns Outlook Weaker on Brexit Uncertainty

British insurer Aviva on Thursday warned that its outlook would be weakened by economic uncertainty surrounding Brexit, but added it was well positioned to "minimize" adverse impact.

W140 Full Story
ECB Acts Early to Curb eurozone Slowdown

The European Central Bank on Thursday announced fresh measures to juice the slowing eurozone economy, saying interest rates would remain at historic lows at least until the end of 2019 and offering new rounds of cheap loans to banks to keep credit flowing.

W140 Full Story
Qatar Raises $12 bn in Bond Sale despite Political Crisis

Qatar has sold bonds worth $12 billion (nine billion euros), the finance ministry said Thursday, attracting strong demand despite an economic and diplomatic boycott by its former Gulf allies.

W140 Full Story
Goldman Sachs Loosens Its Tie with Casual Dress Code

Global banking giant Goldman Sachs is loosening its tie as it works to stay current with younger employees who favor more casual dress.

Top brass at the investment bank announced a break from Wall Street's notoriously buttoned up and rigid dress, unveiled a new "firm-wide flexible dress code" that essentially directs bankers to use attire that is in line with client expectations. 

W140 Full Story
U.N. Says Paris Must Probe Police Conduct in Yellow Vest Protests

The U.N. human rights chief called Wednesday for a "full investigation" into the possible excessive use of force by French police during the "yellow vest" demonstrations.

W140 Full Story
France Tries to Set Trend with Internet Tax Bill

France will introduce a bill Wednesday to tax internet and technology giants on their digital sales, and thus curb efforts to pay global levies in countries with lower tax rates.

W140 Full Story
Ex-Nissan Chief Ghosn Freed on Bail after More Than 100 Days

Former Nissan chief Carlos Ghosn left his Tokyo detention centre on Wednesday after more than 100 days in custody, following a surprise court decision granting him bail of one billion yen ($9 million).

W140 Full Story