Life

Samsung expands manufacturing in the US to produce home appliances

The South Korea-based technology giant will spend at least $300 million on the manufacturing project and is already discussing plans with five states.

Shoppers are walking into the Disney store in Shanghai

Disney chief defends seat on Trump’s business advisory council

Walt Disney Co.'s CEO says his seat on US President Donald Trump's advisory council is an opportunity to voice opinions that could benefit Disney and the company's shareholders.

ESPN implements job cuts to personalities who appear on TV, radio and online

ESPN to implement job cuts that could extend to personalities who appear on TV, radio, online

Details of the job cuts will still be finalized but layoffs would definitely take place through as a consequence to delivering ESPN fans content consumption.

Michael Hill International Limited appoints new CEO

The board and the employees in Michael Hill are excited by Taylor's appoointment as he sees to unlock new opportunities and new streams of value for the company.

Vauxhall joins PSA Group in 2.2 billion euros deal, employees fear job losses

Vauxhall joins PSA Group in €2.2 billion deal, employees fear job losses

French company that owns Peugeot and Citroen enters into a €2.2 billion deal to buy General Motor's European unit which includes Vauxhall. General Motor CEO Mary Barra affirms Vauxhall's British brand while respecting the agreements on the workforce.

German tycoon Schlecker faces fraud trial with family

Anton Shlecker is accused of offenses related to the 2012 bankruptcy of his pharmacy chain that employed 50,000 people in Germany and in Europe.

Luxury automakers drive online sales on Tmall.com

China is projected to become the top market for luxury automakers by 2020 and brands rev up sales with Tmall.com to reach the country's affluent and digitally active consumers.

Sports Direct owner buys into lingerie brand Agent Provocateur

Sports Direct owner Mike Ashley has acquired an interest in the struggling luxury lingerie retailer, Agent Provocateur.

Jimmy Choo revenues sky rockets with strong Asia market, weak pound and menswear range

Jimmy Choo revenues skyrocket with strong Asia market, weak pound and menswear range

The record revenues and profitability are proof to the growing appeal and strength of Jimmy Choo.

Snapchat share price soars on market debut

The firm's valuation of $30 billion is the biggest record for a US tech company since Facebook in 2012.

Ford Bridgend could lose 1,160 jobs in worse case scenario

Ford may cut more than 1000 jobs at Bridgend plant in worse case scenario

Unions are fighting to keep the jobs in Ford at all cost as a reduction in employment could lead to a serious economic crisis.

McDonald's expands delivery service through ordering app

The new app will allow customers to place orders for pickup alongside features such as customized favorites and preferred payment methods.

Oil prices forecast $50 to $70 per barrel through 2022, report says

Overall, demand is set to outpace supply on average over the forecast period.

Tiffany & Co. CEO steps down, appoints new directors to accelerate business strategies

Tiffany & Co. CEO steps down, new directors appointed to accelerate business strategies

The company shake-up comes after Tiffany's disappointing financial results.

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What happens if there is no deal for Brexit?

Currently, a driver of a UK-registered car is allowed to drive anywhere in the EU, the EEA (European Economic Area), Switzerland and Serbia, and not have to carry a green card that proves you have insurance cover.

China Agrees To Stop Currency Manipulation

President Trump on Friday announced the first concrete deal with China to come out of nearly three months of trade talks - a deal to prevent currency manipulation.

German economy narrowly avoids recession

Europe's largest economy offered mixed signals on Friday that suggest it's down but not out.

CEOs make money from negative information released prior to stock option grants

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Believing in yourself can backfire when investing in equity crowdfunded ventures

Normally, it's good to believe in yourself. But research from Indiana University's Kelley School of Business indicates that it can be bad advice for amateurs investing online in unregulated, sometimes risky, equity crowdfunded ventures.

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Parenthood contributes to gender imbalance in STEM employment, but it's not just an issue for mother

Nearly half of new moms and a quarter of new dads leave their full-time STEM jobs after they have their first child, according to a new study.

Visa and Mastercard plan to increase fees for processing transactions

Visa Inc and Mastercard Inc, the two biggest U.S. card networks, are preparing to raise certain fees levied on U.S. merchants for processing transactions from this April, the Wall Street Journal reported on Friday, citing people familiar with the matter.

Feel anxious? Have trouble sleeping? You may be traveling for business too often

People who travel for business two weeks or more a month report more symptoms of anxiety and depression and are more likely to smoke, be sedentary and report trouble sleeping than those who travel one to six nights a month, according to a latest study conducted by researchers at Columbia University's Mailman School of Public Health and City University of New York.

Trump declares emergency on southern border

President Trump said Friday he is declaring a national emergency on the southern border, tapping into executive powers in a bid to divert billions toward construction of a wall even as he plans to sign a funding package that includes just $1.4 billion for border security.

Mix Reactions over Amazon Retreat on Long Island City

Amazon's decision to abandon plans to build a new campus in Long Island City, Queens, has drawn cheers from several politicians, community organizers and other locals opposed to the expansion.