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- Dominic Raab: We can get Brexit deal done by OctoberBut preparations have begun in case negotiations end without agreement, Brexit secretary says.
- UKTV: Dave and Gold among channels dropped by Virgin MediaAbout 4m households will no longer be able to watch shows such as Taskmaster and Red Dwarf.
- Fur sales: MPs call for consultation to ban real furPoor labelling means real fur is being sold in the High Street and online as fake fur, MPs say.
- Retailer profit warnings double in year, says EYThe retail sector has been hit by rising costs and subdued spending, says EY report.
- Ryanair customers urged to claim compensationThe Civil Aviation Authority says airlines must give customers two-weeks notice or pay compensation.
- Trade war a reality, French finance minister warnsBruno Le Maire accuses the US of using "the law of the jungle" with unilateral tariffs
- Especially for youThanks to the internet, having clothes made to fit you is becoming increasingly affordable.
- How Netflix went from pioneer to powerhouseNetflix started as a mail order DVD service, but it's now admired and feared by the biggest media firms.
- India scraps tampon tax after campaignThe government introduced a 12% levy on sanitary products last year, sparking outrage.
- Fiat Chrysler replaces CEO Sergio Marchionne for health reasonsSergio Marchionne, 66, is replaced after suffering complications from shoulder surgery.
- Dominic Raab: We can get Brexit deal done by October
- Reuters: Business News
- German industry groups warn U.S. on tariffs before Trump-Juncker meetingGerman industry groups warned on Sunday, before European Commission President Jean-Claude Juncker meets U.S. President Donald Trump this week, that tariffs the United States has imposed or is threatening to introduce risk harming America itself.
- Japan official urges caution over Trump's complaint on strong dollarJapan should be careful about recent remarks by U.S. President Donald Trump on currencies and might need to convince Washington its monetary easing is not aimed at weakening the yen but beating deflation, a finance ministry official said on Saturday.
- U.S. courts allies with free trade offers at G20, France resistsThe United States sought to woo Europe and Japan with free trade deals on Saturday to gain leverage in an escalating tariff war with China but its overtures faced stiff resistance from France at a G20 finance ministers meeting dominated by trade tensions.
- Fiat Chrysler names Jeep boss to replace stricken CEO MarchionneFiat Chrysler named on Saturday its Jeep division boss Mike Manley to take over immediately from Chief Executive Sergio Marchionne, who is seriously ill after suffering major complications following surgery.
- Factbox: The executives replacing Marchionne at FCA, Ferrari, CNHFiat Chrysler (FCA) said on Saturday that boss Sergio Marchionne, 66, would not be returning to work because he was gravely ill.
- Illness ends career of Sergio Marchionne, the CEO who liked to fix thingsSergio Marchionne bowed out on Saturday as one of the auto industry's most demanding and tenacious chief executives, his health in crisis after a career in which he rescued Fiat and Chrysler, two of its most storied brands.
- New Fiat Chrysler boss transformed Jeep brand as company focuses on SUVsFiat Chrysler Automobiles NV's new chief executive Mike Manley, who has overseen the effort to turn Jeep into a global brand, now plans to carry out the parent company's strategy unveiled last month, the company said Saturday.
- Airbus CEO says eyes merger of its, BAE's jet fighter units: Sunday TimesThe chief executive of Airbus said he was open to a merger of his firm's jet fighter business with that of BAE Systems , the Sunday Times reported.
- Fiat says Marchionne's health worsens, names Jeep boss as CEOThe health of Sergio Marchionne, long-time boss of carmaker Fiat Chrysler (FCA) , worsened on Saturday and he has been replaced as chief executive by Mike Manley, the head of the firm's Jeep division, FCA said in a statement.
- Ferrari picks Louis Camilleri as CEO, Elkann as chairmanLuxury sports carmaker Ferrari said on Saturday it had appointed board member Louis Camilleri as its new chief executive, replacing Sergio Marchionne who is seriously ill.
- German industry groups warn U.S. on tariffs before Trump-Juncker meeting