One of the Straits Times component, Jardine C&C is getting weaker and breaking down. Previously Jardine has been holding STI higher, but now, it is just too tired already.
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BBC News – Business- KPMG's audit work unacceptable, says watchdogThe accounting industry regulator slams the deteriorating quality of KPMG's auditing of UK firms.
- Stock markets fall amid trade fearsThe US-China trade spat and tensions over migration in Germany push share prices lower.
- Audi chief Rupert Stadler arrested in diesel emissions probeThere was a danger that Rupert Stadler could seek to suppress evidence, prosecutors say.
- Ryanair calls for restricted airport alcohol salesA weekend flight from Dublin to Ibiza had to be diverted to Paris as three passengers became disruptive.
- Don't bank on it: Why we fail to switch our accountsThe buyer of Virgin Money is likely to find winning customers from the "big four" banks a challenge.
- Transforming Asia's skylinesThe architect behind some of Asia's most spectacular new buildings discusses his designs.
- Energy firms 'forcibly' installing more prepayment metersGas and electricity suppliers are forcing too many people to pay in advance, the regulator says.
- Virgin Money bought by CYBG for £1.7bnThe combined group will be the UK's sixth-largest bank, with about six million customers.
- Think about your customers' needs from the startMedical app designer: to get your business off the ground quickly, think about your customers' needs right from the start.
- UK economy faces weakest growth since 2009, employers warnThe British Chambers of Commerce says that the UK economy could see its weakest year since 2009.
- KPMG's audit work unacceptable, says watchdog
- Reuters: Business News
- Trump told Apple CEO iPhones will be spared from China tariffs: NYT(Reuters) - President Donald Trump told Apple Inc Chief Executive Tim Cook that the U.S. government would not levy tariffs on iPhones assembled in China, the New York Times reported on Monday, citing a source familiar with the negotiations.
- Stocks extend slide, yen up as Sino-U.S. trade dispute escalatesTOKYO (Reuters) - Asian stocks extended a global downturn on Tuesday, while the safe-haven yen rose as U.S. President Donald Trump threatened new tariffs on Chinese goods in an escalating tit-for-tat trade war between the world's two biggest economies that has rattled financial markets.
- Trump threatens to hit China with new tariffs on $200 billion in goodsWASHINGTON (Reuters) - U.S. President Donald Trump threatened on Monday to impose a 10 percent tariff on $200 billion of Chinese goods, escalating a tit-for-tat trade war with Beijing.
- Wendy's under fire after employee films mouse amid bunsNEW YORK (Reuters) - A Wendy's restaurant in Oklahoma is under fire after an employee video showing a mouse inside a bag of hamburger buns was widely shared online.
- Tesla's Musk alleges 'extensive' employee sabotageSAN FRANCISCO (Reuters) - Tesla Inc Chief Executive Elon Musk accused an employee of "extensive and damaging sabotage" to the company's operations in an email sent on Monday to company employees.
- AT&T promises fewer ads, tailored programing after mergerLOS ANGELES (Reuters) - AT&T Inc is promising fewer commercials, smaller channel bundles and personalized programming now that it has taken over Time Warner channels in an $85 billion mega-merger.
- Pompeo says China trade policies 'predatory'WASHINGTON (Reuters) - U.S. Secretary of State Mike Pompeo on Monday slammed China's trade practices as "predatory economics 101" and said statements by Beijing in recent weeks that it was moving to open its economy were "a joke."
- Head of VW's Audi arrested in Germany over diesel scandalFRANKFURT (Reuters) - Volkswagen's supervisory suspended crisis talks to find a stand-in boss for its Audi brand which were convened after German authorities arrested current Audi Chief Executive Rupert Stadler as part of a probe into emissions test cheating.
- How U.S. tax reform rewards companies that shift profit to tax havens(Reuters) - The corporate tax cut passed by U.S. President Donald Trump and fellow Republicans that was in part designed to help dissuade U.S. companies from moving profits overseas may instead make the practice a lot more rewarding.
- EU antitrust regulators to rule on Blackstone's F&R deal by July 20BRUSSELS (Reuters) - EU antitrust regulators will decide by July 20 whether to clear U.S. private equity firm Blackstone Group's US$20 billion acquisition of a majority stake in Thomson Reuters' Financial and Risk (F&R) unit, a filing on the EU competition watchdog's website showed on Monday.
- Trump told Apple CEO iPhones will be spared from China tariffs: NYT