Business

UK considering giving Northern Ireland joint UK, EU status: UK source

The United Kingdom is actually considering attempting to break the deadlock in Brexit negotiations that has a proposal to give Northern Ireland joint U.K. in addition to European Union status so the idea can trade freely with both, a government official said. The government has considered proposing a 10-mile (16-km)-wide trade buffer zone along the border for local traders like ...

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Bag maker Samsonite’s CEO resigns after short-seller report

Calvin Sit | Bloomberg | Getty Images Ramesh Tainwala, chief executive officer of Samsonite International SA, speaks during an interview in Hong Kong, China Luggage maker Samsonite said Friday its CEO has stepped down following a report by a short-seller that will questioned his credentials as well as the company’s accounting. The company said in a statement to the Hong ...

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DB, GOOGL, AAPL, BABA, COST, TWTR & more

Check out the companies creating headlines before the bell: Deutsche Bank – fresh CEO Christian Sewing insisted which the financial strength of Germany’s flagship lender will be “beyond doubt,” despite the Federal Reserve labeling Deutsche Bank’s business within the U.S. as in “troubled condition.” Within a day of the Fed’s designation, Standard & Poor’s slashed its credit rating of Deutsche ...

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Petrobras shares plunge after CEO Pedro Parente resigns amid strikes

Shares of the company, commonly called Petrobras, were down more than 20 percent in midday trading on Friday following the resignation. Shares in Sao Paulo were suspended after Parente’s resignation. In a statement, the company said the board will choose an interim CEO on Friday and also also also in which the company’s various other top executives will remain. In ...

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Delta pumps $1.9 billion into LAX, ‘a genuinely important market’: CEO Edward Bastian

Delta Air Lines is actually investing $1.9 billion in terminal renovations at Los Angeles International Airport over the next a few years. “We’re out of capacity,” CEO Edward Bastian told CNBC’s Phil LeBeau on “Power Lunch” on Thursday. “We can’t bring any more customers through until we redevelop the terminals along with the experience for the local Angelenos.” Bastian said ...

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Bike theft puts the brakes on China’s Mobike in Mexico City

Chinese bike-sharing company Mobike entered the Latin American market in Mexico City This specific year drawn by its millions of potential clients. currently of which has run into a problem increasingly plaguing the country: street crime. Theft has been so widespread of which inside past few days, dozens of the app’s customers have complained on social media about the lack ...

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of which will be challenging to meet delivery goals

Airbus faces an unprecedented challenge in ramping up production to meet 2018 delivery targets following engine delays in addition to must eventually overhaul an outdated manufacturing system, the planemaker’s fresh president told staff on Friday. “We have a battle plan in place due to This kind of year in addition to the engine manufacturers are working hard to meet their ...

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Japan has some of the longest working hours within the earth. the idea’s trying to change

The term “karoshi” translates to “death by overwork” in Japanese, along with is usually a legal term recognized as a cause of death. An employee of Japan’s largest advertising firm, Dentsu, jumped to her death in 2015. The cause was said to have been depression caused by overwork. The case generated widespread attention along with renewed calls to change the ...

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Uber is actually in talks to add Waymo’s self-driving cars to its network: CEO

Uber is actually in discussions with Alphabet’s Waymo to add the latter’s self-driving cars to its platform, Chief Executive Dara Khosrowshahi said Wednesday. Speaking at the Code Conference in Rancho Palos Verdes, California, Khosrowshahi said that will Uber’s relationship with Alphabet-owned Google was improving as well as that will Uber was “having discussions” with Waymo. “You build relationships slowly however ...

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