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LONDON (Reuters) - British celebrity chef Jamie Oliver’s restaurant chain said it was entering administration on Tuesday, threatening jobs at the firm’s 25 sites in the United Kingdom.
TOULOUSE, France (Reuters) - Airbus held out the prospect of a clash over prices to counter any decision by Boeing (BA.N) to launch a new aircraft in the middle of the jet market, by promising a “left hook, right hook” counter-punch with two of its existing models.
SINGAPORE/LONDON (Reuters) - Oil prices rose on Tuesday on escalating U.S.-Iran tensions and amid expectations that OPEC producers will continue to curb supply this year.
Gains were capped by concerns that a prolonged trade war between Washington and Beijing could lead to a global economic slowdown.
MILAN (Reuters) - Italian luxury goods group Prada said it would shrink its wholesale network in Italy and Europe in a push to have uniform prices for its products across different outlets and reduce markdowns.
BRUSSELS (Reuters) - Chinese telecoms equipment maker Huawei on Tuesday said it was a victim of bullying by the U.S. administration.
“Huawei is becoming the victim of the bullying by the U.S.
WASHINGTON (Reuters) - From submitting their fingerprints to giving up their tax records, Wells Fargo & Co’s next chief executive will go through a vetting process that could rival that of top U.S.
SHANGHAI (Reuters) - Shares in rare earth-related companies in China soared on Tuesday, a day after Chinese President Xi Jinping visited a rare earth firm in southern China, sparking speculation the sector could be the next front in the Sino-U.S.
PARIS (Reuters) - France will launch the deployment of its 5G network as planned in 2020 despite current difficulties faced by China’s Huawei which could push some telecoms operators to modify their source of supply, the telecoms regulator said Tuesday.
(Reuters) - Merck & Co Inc said on Tuesday it would buy Peloton Therapeutics Inc for $1.05 billion in cash to gain access to the privately held company’s renal cancer drug candidate.
(Reuters) - Kohl’s Corp slashed full-year profit forecast after the department store operator missed Wall Street estimates for quarterly same-store sales and profit on Tuesday, sending its shares down over 10% in early trading.
BRUSSELS (Reuters) - Chinese telecoms equipment maker Huawei called itself the victim of U.S. “bullying” on Tuesday and said it was working with Google to counter trade restrictions imposed by Washington last week, a senior Huawei executive said.
SHANGHAI/NEW YORK (Reuters) - The United States has temporarily eased trade restrictions on China’s Huawei to minimize disruption for its customers, a move the founder of the world’s largest telecoms equipment maker said meant little because it was already prepared for U.S.