[ad_1] HONG KONG/LONDON (Reuters) – Thomas Cook is negotiating a 750 million pound ($941 million) rescue that will give Fosun Tourism, its biggest investor, control of the indebted British group’s package-tour business, in a blow
Exclusive: Petrobras eyes exit from Brazil bourse’s good governance program – sources
[ad_1] RIO DE JANEIRO (Reuters) – Brazilian state-run oil firm Petrobras is considering an end to its participation in a program certifying good governance and limited political interference in state companies set up by the
Foreign investors’ lobby group asks India to reconsider high taxes
[ad_1] MUMBAI/NEW DELHI (Reuters) – Foreign investors are urging India to reconsider its decision to increase taxes on the super-rich, including a higher levy on certain groups of portfolio investors, arguing the move will hit
Gold holds firm above $1,400 as markets look past robust U.S. data
[ad_1] (Reuters) – Gold prices inched higher on Friday as investors shrugged off concerns that stronger-than-expected consumer inflation in the United States could influence the U.S. central bank’s decision on aggressive monetary policy easing. Sets
Daimler warns on profit again, blames diesel and recall costs
[ad_1] FRANKFURT (Reuters) – Luxury carmaker Daimler cut its profit forecast for the fourth time in 13 months on Friday, as it set aside more money to cover a regulatory crackdown on diesel emissions and
U.S. in ‘quiet period’ with China over trade talks: White House’s Navarro
[ad_1] White House trade adviser Peter Navarro listens to a news conference about a presidential executive order relating to military veterans outside of the West Wing of the White House in Washington, U.S. March 4,
China’s June exports, imports fall as trade war takes heavier toll
[ad_1] BEIJING (Reuters) – China’s exports fell in June as the United States ramped up trade pressure, while imports shrank more than expected, pointing to further weakness in the world’s second-largest economy and slackening global
Slimmed-down WPP to net $3.1 billion selling Kantar stake to Bain
[ad_1] (Reuters) – WPP (WPP.L) is selling a 60% stake in Kantar to private equity firm Bain Capital, valuing the data analytics business at about $4 billion and giving the British owner of agencies including
Japan export curbs on South Korea may widen rift over wartime labour compensation
[ad_1] TOKYO (Reuters) – Japan’s restrictions on certain tech exports to South Korea are deepening a decades-long feud over wartime forced labour and may make compromise harder as leaders in both countries appeal to their
South Korea calls for probe as forced labour feud with Japan deepens
[ad_1] SEOUL/TOKYO (Reuters) – South Korea called on Friday for an international investigation of what it said were accusations by Japanese officials that it had passed some high-tech materials imported from Japan on to North