July 10, 2019

Superdry warns of long road to recovery as slashes store value

The founder of Superdry warned the revival of the struggling British fashion group would be a long haul after a 130 million pound ($161 million) charge […]
July 10, 2019

Aggressive U.S. energy policy tests ties with European allies

For the administration of President Donald Trump, a policy of “energy dominance” means reducing dependence on imported oil and promoting exports to boost the national economy […]
July 10, 2019

Oil gains on API stockdraw, Gulf of Mexico storm

Oil prices rose around 2% on Wednesday after industry data showed U.S. inventories fell more than expected, while major U.S. producers evacuated rigs in the Gulf […]
July 10, 2019

Amazon customer helpline not required, says Europe’s top court in boost for e-commerce

U.S. online retailer Amazon does not have to provide a helpline phone number to consumers, Europe’s top court said on Wednesday in a ruling that could […]
July 10, 2019

China June exports seen falling, adding to fears of global slowdown: Reuters poll

China’s exports likely fell in June as weakening global demand and a sharp hike in U.S. tariffs took a heavier toll on the world’s largest trading […]
July 10, 2019

The $280,000 lab-grown burger could be a more palatable $10 in two years

(This July 9 story corrects to change company name to Biotech Foods in paragraph five.) Powered by WPeMatico
July 10, 2019

Oil gains after U.S. stockpiles drop, rigs evacuated

Oil prices rose on Wednesday after industry data showed U.S. stockpiles fell far more than expected, alleviating concerns about oversupply, while major U.S. producers evacuated rigs […]
July 10, 2019

Fed chief likely to focus on trade-inspired policy shift in testimony

The U.S. Federal Reserve over the course of its 105-year history has changed monetary policy in reaction to property crashes, war, financial bubbles and policymakers’ gut […]
July 10, 2019

Asia shares count on Powell to stay accommodative

Asian shares pulled ahead on Wednesday while rising Treasury yields lifted the dollar as investors waited anxiously to hear if the world’s most powerful central banker […]
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