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Debenhams Gets Breathing Room With 40 Million-Pound Credit Deal

The company also announced an agreement with export and logistics company Li & Fung Ltd. on a sourcing partnership for Debenhams own-brand products. The deal “will help us anticipate and respond more quickly to trends and our customers’ preferences, as well as delivering better quality product,� Chief Executive Officer Sergio Bucher said in a statement Tuesday. Debenhams, laden

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Debenhams Gets Breathing Room With 40 Million-Pound Credit Deal

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Banned Chinese billionaire calls Australia 'a giant baby'

A Chinese billionaire barred from Australia on suspicions he is part of a Communist Party influence campaign has lashed out at Canberra, calling it a “giant baby” that hasn’t found its place in international politics. Huang …

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Banned Chinese billionaire calls Australia 'a giant baby'

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AT&T says Time Warner purchase could avoid FCC scrutiny

AT&T Inc expects to be able to bypass a powerful telecommunications regulator in its planned $85.4 billion acquisition of Time Warner Inc , the companies said in regulatory filings on Friday. Time Warner said that since it does not plan to transfer any Federal Communications Commission licenses to AT&T, it would likely not need FCC approval and would only need the consent of the U.S. Justice Department. AT&T could forego the FCC by unloading a Time Warner broadcast station,

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AT&T says Time Warner purchase could avoid FCC scrutiny

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Ford plant turns ‘cemetery’ as Trump wrenches Mexican autos

Ford Motor Co's abrupt move to scrap a planned $1.6 billion car plant in central Mexico has spooked a network of suppliers who bet on a growing customer base and dramatized the risk that Donald Trump's agenda poses to the country's broader economy. Many auto parts makers had started to expand in …

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Ford plant turns ‘cemetery’ as Trump wrenches Mexican autos

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China says concerned about EU protectionism on steel imports

China is greatly concerned about the European Union's protectionist measures against Chinese steel products, the commerce ministry said on Saturday. The ministry was responding to the EU's latest decision to take temporary anti-dumping measures against imports of Chinese seamless steel pipes, based on preliminary

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China says concerned about EU protectionism on steel imports

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South Korea prosecutors question heads of conglomerates in probe over political scandal: Yonhap

South Korean prosecutors have questioned the heads of some large conglomerates, including the chairman of Hyundai Motor , and plan to question the de factor head of Samsung Group and others in a probe into a political scandal involving President Park Geun-hye, media reports said on Sunday. A Hyundai Motor spokesman declined…

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South Korea prosecutors question heads of conglomerates in probe over political scandal: Yonhap

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Senior Italian bankers to meet Monday over sale of four banks: sources

Italy's economy minister has called a meeting with some of the country's top bankers on Monday to discuss stalled efforts to sell four small banks that were rescued from bankruptcy last year, sources said. Bank of Italy Governor Ignazio Visco was expected to join the gathering, which comes just days after sources said the European Union had agreed to extend…

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Senior Italian bankers to meet Monday over sale of four banks: sources

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Starbucks, Amazon pay less tax than a sausage stand, Austria says

Multinationals like coffee chain Starbucks and online retailer Amazon pay less tax in Austria than one of the country's tiny sausage stands, the republic's center-left chancellor lamented in an interview published on Friday. Chancellor Christian Kern, head of the Social Democrats and of the centrist coalition government, also criticized internet giants

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Starbucks, Amazon pay less tax than a sausage stand, Austria says

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G20 seeks to enhance trade growth in face of protectionism: China

In the face of a “worrying” rise in protectionism, trade ministers from the world's major economies have agreed to cut trade costs, increase policy coordination and enhance financing, China's Commerce Minister…

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G20 seeks to enhance trade growth in face of protectionism: China

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Boeing exec opposes Iran licenses for others if its deal blocked

The head of Boeing Commercial Airplanes said on Sunday that U.S. suppliers to Europe's Airbus and other planemakers should not be able to get licenses to sell their wares to Iran if Boeing is blocked from completing a $25 billion deal …

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Boeing exec opposes Iran licenses for others if its deal blocked

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