[ad_1] (Reuters) – Fashion retailer Forever 21 Inc filed for bankruptcy on Sunday, as it joined a growing list of brick-and-mortar players who have succumbed to the onslaught of e-commerce companies such as Amazon.com Inc
U.S. sanctions on COSCO hit Teekay’s Yamal LNG tanker JV
[ad_1] LONDON (Reuters) – U.S. sanctions on two units of Chinese shipper COSCO hit the liquefied natural gas (LNG) tanker industry on Monday as U.S.-listed Teekay LNG (TGP.N) said its joint venture in Russia had
Households helped to limit hit to UK economy as it shrank in second quarter – ONS
[ad_1] LONDON (Reuters) – Households helped to limit the damage to Britain’s economy as it shrank in the second quarter ahead of Brexit, according to new data that also showed their financial health was less
Dryness in Argentina hits corn and wheat outlook; election haze supports safe-bet soy
[ad_1] BUENOS AIRES (Reuters) – Dryness in Argentina is hitting the outlooks for wheat and corn crops, local climate experts said, while low-cost soy is being supported by growers looking to hedge their bets with
AB InBev Asia unit’s strong Hong Kong debut to boost IPO outlook amid political unrest
[ad_1] HONG KONG (Reuters) – AB InBev’s Asia-Pacific unit, which raised about $5 billion after relaunching its IPO this month, rose more than 6% on its market debut in Hong Kong, easing concerns of the
Exclusive: Fintech firm Revolut to hire 3500 staff in global push with Visa
[ad_1] LONDON (Reuters) – British-based digital banking app Revolut is set to hire around 3500 staff as it expands into 24 new markets thanks to a new global deal with payments giant Visa Inc, the
China September factory surveys show flickers of improvement but outlook still weak
[ad_1] BEIJING (Reuters) – Factory activity surveys in China pointed to slight improvement in September as domestic demand picked up, but analysts believe the gains will be short-lived as the property market cools and Sino-U.S.
Nifty, Sensex fall as banks slide; Indiabulls down 21%
[ad_1] BENGALURU (Reuters) – Indian shares fell sharply on Monday after a two-week rally, dragged down by declines across banking and metals shares, and amid a lack of further catalysts. A broker reacts while trading
Bank of America, Morgan Stanley eye growth in employee-benefits management
[ad_1] NEW YORK (Reuters) – Morgan Stanley (MS.N) and Bank of America Corp (BAC.N) are expanding the employee-benefits services they offer, hoping to gain market share in the dull-but-reliable business of managing wealth for companies
Oil prices climb as positive China factory data eases demand concerns
[ad_1] SINGAPORE (Reuters) – Oil prices edged up on Monday after China’s factories unexpectedly ramped up production in September, easing concerns about demand at the world’s largest crude importer amid an ongoing trade war with