HOUSTON (Reuters) – U.S. Secretary Of State Mike Pompeo will meet with top oil executives before he addresses a conference on Tuesday, in an effort to get them to help the administration’s effort to boost crude exports to Asia and to support its policy of isolating Iran, according to three people at two companies briefed […]
WASHINGTON (Reuters) – The World Trade Organization is using an “out-of-date” playbook despite dramatic changes including the rise of China and the evolution of the internet, U.S. Trade Representative Robert Lighthizer said in testimony to Congress on Tuesday. The remarks by the top U.S. trade negotiator are the first since the Trump administration filed its […]
SAN FRANCISCO (Reuters) – Uber Technologies Inc [UBER.UL] has agreed to pay $20 million to settle a lawsuit brought by drivers nearly six years ago, according to court filings, resolving one of its many legal battles with drivers ahead of a hotly anticipated initial public offering this year. Drivers for the ride-hailing company argued in […]
WASHINGTON (Reuters) – The U.S. Federal Reserve said on Tuesday it has sanctioned former Goldman Sachs bankers for their role in a money-laundering scandal involving 1Malaysia Development Berhad (1MDB), Malaysia’s state-owned investment fund. Tim Leissner and Roger Ng have been permanently barred from the banking industry for their involvement in “a scheme that illegally diverts […]
(Reuters) – Boeing Co’s stock losses mounted to more than $20 billion in two days as more countries including the United Kingdom grounded the planemaker’s 737 MAX 8 aircraft on Tuesday following the deadly crash of a Nairobi-bound Boeing 737 MAX 8. British Civil Aviation Authority said it was banning 737 MAX commercial flights from […]
UK economic growth surged to 0.5% in January, according to official figures which smashed economists’ expectations. The Office for National Statistics (ONS) said it was the biggest increase in monthly output since December 2016 but cautioned that growth in the three months to January remained static at 0.2%. The figures showed 0.3% growth for the […]
Mothercare has agreed the sale of its Early Learning Centre (ELC) brand to the owner of The Entertainer toy shop chain for up to £13.5m. The struggling retailer, which was forced to strike a rescue deal with creditors as part of restructuring and refinancing last year, said the proposed disposal would bolster its ambition to […]
The Dublin Port Company (DPC) fears a standstill of truck traffic in the immediate aftermath of Brexit if its plans to take back land which has been leased are hampered. It has asked the High Court for an injunction over one piece of land it says it needs to provide truck parking and border control […]
KUALA LUMPUR (Reuters) – The Malaysian government is considering whether to shut, sell or refinance national carrier Malaysia Airlines (MAB), Prime Minister Mahathir Mohamad said on Tuesday. The government was studying options for the national carrier, and a decision should be made “soon”, Mahathir said, when asked about analysts’ suggestions the airline be shut down […]
These collaborations include residential development OPUS HONG KONG designed by Frank Gehry, luxury hotel The Middle House designed by Piero Lissoni, iconic mall Pacific Place modernised by Thomas Heatherwick of Heatherwick Studio and Brickell City Centre in Miami, Florida designed by Arquitectonica — the latter two of which were named among “9 of the World’s […]