World

Huawei plans to cut jobs in US-based R&D unit, WSJ says

by BLOOMBERG
Huawei Technologies Co. is planning to cut jobs at its US subsidiary as the Chinese technology giant continues to struggle with its ...

Alitalia’s rescue plan could see Delta boost initial stake

A deal for the Italian airline would bolster Delta’s roster of international holdings
By BLOOMBERG ROME • Italy’s government is nearing a rescue ...

Let’s talk about gay penguins: Munich zoo joins Pride week

The Munich zoo has joined Pride week seeking to boost tolerance among humans
by AFP/ pic by AFP MUNICH • Organisers of this year’s Gay Pride week in ...

AB InBev’s shelved Asian listing cuts Hong Kong IPO volume in half

Move leaves brewer without IPO proceeds it needs to help pay down debt and fund acquisitions
By BLOOMBERG HONG KONG • Anheuser-Busch InBev NV’s (AB ...

Trump declares state of emergency as storm bears down on New Orleans

by AFP/ pic by AFP
US President Donald Trump has declared a state of emergency as Tropical Storm Barry bears down on New Orleans, as the southern city ...

South Korea dog meat protesters hounded by farmers

by AFP/ pic by AFP
South Korean dog farmers defiantly gobbled down canine meat at a counter-protest to an animal rights demonstration in Seoul on ...

Deutsche Bank CEO blasts execs over suit fitting on day of layoffs

by AFP/ pic by AFP
The chief executive of Deutsche Bank, Germany’s biggest lender, said he has personally rebuked managers who ordered tailors to ...

Nepal airport closed after plane skids off runway

by AFP/ pic by AFP
Nepal’s only international airport was closed Friday after a plane skidded off the recently repaired runway, injuring two ...

Japan firm says $32 million missing in cryptocurrency hack

by AFP/ pic by AFP
A Tokyo-based cryptocurrency exchange said Friday it had halted all services after losing cryptocurrency worth more than $32 million ...

Li & Fung CEO on the trade war’s front lines says it isn’t all bleak

While the tariff situation is creating major upheaval to the global supply chain, Fung also sees opportunities — for factories, multinationals and Li & ...

US ‘threats’ not way to solve digital tax law dispute: French minister

by AFP/ pic by AFP
France on Thursday rejected a US investigation into its plans to tax internet giants which could trigger punitive tariffs, saying ...

Clashes kill 56 fighters in northwest Syria: monitor

by AFP/ pic by AFP
Regime and jihadist-led forces were locked in clashes Thursday on the edge of an opposition bastion in northwest Syria after a ...