17 September – 21 September
Mining shares and metal prices fell Monday after reports that President Donald Trump’s administration plans to unveil an additional $200bn in tariffs on the world’s largest commodity consumer.
Coffee producers are calling on leading companies including Nestlé, JAB Holdings and Starbucks to cover farmers’ costs as they struggle to make ends meet, with coffee prices tumbling to a 12-year low.
Coca-Cola is examining the market for cannabis-related products, adding further legitimacy to the nascent industry as decriminalisation of the drug spreads across North America.
Your daily cup of coffee is becoming cheaper thanks to political uncertainty in Brazil. Coffee prices are languishing at 12-year lows, dragged down by the weakness in the Brazilian real. The Latin American country is the world’s largest producer and exporter of coffee, and selling pressure on the futures price in New York has intensified alongside the real as Brazilians prepare to vote next month in the hotly contested presidential elections.
Donald Trump moved to slap a 10 per cent tariff on about $200bn worth of Chinese imports beginning next week and threatened to increase the rate to 25 per cent in 2019 if no deal was reached to ease trade tensions between the US and China.
Bank of Baroda, India’s third largest by assets, saw its shares drop almost 14 per cent on Tuesday after New Delhi announced plans to merge the country’s third-largest lender by assets with two smaller state-run banks.
Investors’ optimism about the global economic outlook has hit its lowest level for nearly seven years, according to a widely-watched survey which found that the decoupling between the US and the rest of the world is expected to continue.
The Bank of Japan kept interest rates unchanged at its September.
Chiltern Railways plans to run hybrid diesel and battery-powered trains from next year that it expects to improve reliability and shorten journey times on routes that may never be electrified because of rising costs.ing as the threat of a global trade war looms over the country’s exports.
Some of the world’s biggest consumer companies have submitted non-binding bids for GlaxoSmithKline’s nutrition business as competition intensifies to secure the company’s prized Horlicks malted drink brand ahead of an auction later this year.
Just over a year ago, Helen Alexander, a former president of the CBI, died at the age of 60. Alexander was a successful businesswoman in many fields. But she also believed passionately that the private sector should do more to build a fairer society.
Eurozone consumer confidence fell sharply in September to hit its lowest level in more than a year, in the latest sign of lingering weakness in the region’s economy.
Drinks group Diageo has warned that its full-year profits will be dented by the recent sell-off in emerging market currencies.
Rocket Internet, the Berlin-based tech investor, unveiled a €150m share buy-back programme on Thursday, in a move to make use of its €2.1bn cash pile.
When world leaders gather in New York for the United NationsGeneral Assembly next week, the contrast between the rhetoric of co-operation and the reality of division will be stark.
The Hong Kong dollar strengthened sharply on Friday ahead of next week’s US Federal Reserve meeting and an expected a rise in interest rates, putting downward pressure on prices in the world’s least affordable property market.
Uber is targeting the UK’s food delivery market with plans to link up with Deliveroo, the London-based food delivery app, in the latest sign of Big Tech investing in a British start-up.
Investors gave a firm “no” on Friday to India’s Yes Bank, which saw its shares nosedive as much as 34 per cent after the Reserve Bank of India ordered its chief executive to step down by the end of January 2019.
The Hong Kong dollar gained as much as 0.2 per cent against its US counterpart on Friday, a relatively minor move that nonetheless took it to the strongest level in half a year.