International Business

International Business

London Stock Exchange flatly rejects Hong Kong’s $39 billion takeover offer

The London Stock Exchange emphatically rejected the Hong Kong bourse's $39 billion takeover offer on Friday, opting to stick with its planned purchase of...

China to exempt 16 categories of US products from tariffs

China announced Wednesday it would exempt 16 categories of products from US tariffs, ahead of a fresh round of trade talks next month. China...

For second time, Spicejet’s London dreams go sour

Ajay Singh-promoted Spicejet's plans to connect London from the winter have been grounded following its failure to secure slots at the Heathrow, the busiest...

China’s Fosun set to save Thomas Cook as key terms agreed

British travel operator Thomas Cook Group said on Wednesday it had agreed the main terms of a rescue package that will see China's Fosun...

Dolce & Gabbana sees sales slowdown in China after ad backlash

Italian fashion house Dolce & Gabbana expects sales in China to fall in the current fiscal year after a slowdown in 2018-19, in a...

Philip Morris in talks to reunite with Altria

Philip Morris International Inc and Altria Group Inc are in talks for an all-stock merger, potentially reuniting the tobacco giants after more than a...

Indian prime minister highlights efforts towards eliminating single use plastic

INDIAN prime minister Narendra Modi on Monday (26) highlighted India's large scale efforts towards eliminating single-use plastic, conserving water, harnessing solar energy and, protecting...

India proposes ban on e-cigarettes

INDIA'S health ministry has proposed a ban on the production and import of electronic cigarettes, documents showed, potentially jeopardizing the expansion plans of big...

Brexit turmoil drives UK towards recession

Britain's economy unexpectedly shrank in the second quarter of the year on Brexit turmoil, official data showed Friday, placing the country on the verge...

Malaysia charges current, ex-Goldman executives over 1MDB scandal

Malaysia filed criminal charges Friday against 17 current and former executives of three Goldman Sachs subsidiaries, piling further pressure on the Wall Street titan...