What a great morning to start the week. I found out that I was one of 30 Asia’s Top Financial Experts.
You can read more about it at here.
BBC News – Business- Debenhams attempts to 'bring joy back' to High StreetThe department store chain will open a new branch on Thursday as it tries to revive its fortunes on the High Street.
- India's solar power ambitionsIndia has big solar ambitions, but could recent policy uncertainties cast a shadow on its plans?
- The female pilot teaching African women to flyRefilwe Ledwaba is South Africa’s first black female helicopter pilot and wants other women to follow her.
- How translation apps are ironing out embarrassing gaffesThe goal of real-time natural language translation is getting closer, but mistakes still happen.
- Donald Trump hails South Korea trade dealIt marks the first trade agreement finalised by the US president.
- Scammers steal half a billion pounds from UK banking customersFraudsters managed to steal more than £500m from UK banking customers in the first half of 2018.
- Brexit: Flights 'at risk' under no-deal, government warnsGovernment papers warn airlines would lose automatic rights to fly from UK to EU without an agreement.
- WH Smith halts Debenhams gift card salesThe department store group says it is in talks with the High Street chain over the move.
- Murdoch: What next for the media mogul after Sky deal?The Australian tycoon retains a sprawling media empire across three continents despite selling Sky.
- Barrick and Randgold to create world's biggest gold minerBarrick Gold's purchase of Randgold Resources will create a company worth about $18bn.
- Debenhams attempts to 'bring joy back' to High Street
- Reuters: Business News
- UK's Debenhams can grow again, says bossThe boss of Britain's Debenhams came out fighting on Monday, saying the department store chain's troubles had been exaggerated and insisting the business has a future.
- Wall Street falls on U.S.-China trade tariff standoffOn Wall Street the S&P and the Dow closed lower on Monday after a round of U.S.-China trade tariffs kicked in, dampening last week's hopes for a resolution and investors waited for an interest rate hike ahead of a U.S. Federal Reserve meeting.
- Starbucks plans changes to company structure, layoffs: BloombergCoffee retailer Starbucks Corp is planning an organizational shakeup, including corporate layoffs, Bloomberg reported on Monday.
- Michael Kors set to snap up Italy's Versace: sourcesU.S. fashion group Michael Kors has agreed to take control of Versace in a deal that could value one of Italy's most prized designers at $2 billion, sources familiar with the matter said on Monday.
- Global stock markets fall on trade war pessimism; oil ralliesStock markets around the world retreated on Monday amid concerns over the potential wider impact of a trade spat between China and the United States, while oil prices rallied to a four-year high after OPEC ignored U.S. calls to raise supply.
- Walmart, Sam's Club to put food products on blockchainWalmart and its unit Sam's Club said on Monday leafy greens suppliers will be asked to implement real-time, farm-to-store tracking using blockchain technology by next September, as the retailer tackles food-safety incidents.
- U.S., European Union still in 'exploratory' talks on trade - EU's MalmstromThe European Union and the United States are still in exploratory talks about how they can pursue a limited trade agreement, with no real negotiations yet started, EU Trade Commissioner Cecilia Malmstrom said on Monday.
- Sirius XM to buy Pandora in $3.5 billion streaming pushSatellite radio company Sirius XM Holdings Inc will buy online music service Pandora Media Inc in a $3.5 billion all-stock deal that will help it battle growing competition from streaming rivals Spotify and Apple Music.
- United Technologies explores sale of Chubb Fire & Security: sourcesUnited Technologies Corp is exploring a sale of its Chubb Fire & Security division for more than $3 billion, people familiar with the matter said on Monday.
- Canada's Barrick Gold to buy Randgold for $6.5 billion in all-stock dealCanada's Barrick Gold Corp has agreed to buy Randgold Resources Ltd in an all-stock deal valuing the Africa-focused miner at $6.5 billion, to create the world's largest gold producer in an industry under investor pressure to put capital to good use.
- UK's Debenhams can grow again, says boss