By Antoni Slodkowski, Casey Hall and Scott Murdoch
BEIJING/SHANGHAI/SYDNEY (Reuters) -Fears that employees of foreign firms risk entanglement with Chinese authorities have resurfaced after news that an employee of U.S. bank Wells Fargo has been banned from leaving the country.
Business groups, diplomats and overseas executives say the incident is part of a long-term trend that had appeared to ease off as Beijing pushed to promote its appeal... (continue reading...)
By Jesus Calero
(Reuters) -Sweden's Husqvarna is reworking its supply chain to lessen the blow from global trade tensions as the U.S. considers steep hikes in tariffs on European imports, the company's CEO Pavel Hajman told Reuters.
Around two-thirds of Husqvarna's U.S. sales are tied to imported products, with roughly half of those coming from Europe and the rest from China and other countries.
"We are, of course, worse off... (continue reading...)
By Felix Light
ANASEULI, Georgia (Reuters) -When Lika Megreladze was a child, life in her native western Georgian region of Guria revolved around tea.
Her mother worked for decades as a scientist at the Soviet Union’s Institute of Tea and Subtropical Crops in the village of Anaseuli, perfecting cultivation methods for a Georgian tea industry that supplied the bulk of the vast communist state’s brews.
“When I was a child, this... (continue reading...)
(Reuters) -European shares rose on Friday, on course for small weekly gains, as investors focussed on corporate earnings for clues on the impact of U.S. tariff policies on businesses.
The pan-European STOXX 600 index rose 0.3% to 548.84 points, as of 0731 GMT, and was on track for a second weekly gain.
Other major regional indexes, including the German DAX, France's CAC 40 and Britain's FTSE 100 also rose modestly.
Wall Street... (continue reading...)
BEIRUT (Reuters) -Syrian security forces are preparing to redeploy to the Druze-majority Sweida city to quell fighting with Bedouin tribes, a Syrian interior ministry spokesperson said on Friday, further straining a fragile truce in Syria's south.
A ceasefire announced on Wednesday briefly ended days of bloody fighting that erupted when Bedouin and Druze fighters clashed in Sweida province, prompting the Syrian government to send in troops - further... (continue reading...)
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Electrolux Q2 profit rises more than expected as it outperforms market in North America
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Electrolux Q2 profit rises more than expected as it outperforms market in North America
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Electrolux Q2 profit rises more than expected as it outperforms market in North America
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Electrolux Q2 profit rises more than expected as it outperforms market in North America
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Electrolux Q2 profit rises more than expected as it outperforms market in North America
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Electrolux Q2 profit rises more than expected as it outperforms market in North America
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Electrolux Q2 profit rises more than expected as it outperforms market in North America
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Electrolux Q2 profit rises more than expected as it outperforms market in North America
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Electrolux Q2 profit rises more than expected as it outperforms market in North America
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Electrolux Q2 profit rises more than expected as it outperforms market in North America
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Electrolux Q2 profit rises more than expected as it outperforms market in North America
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Electrolux Q2 profit rises more than expected as it outperforms market in North America
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Electrolux Q2 profit rises more than expected as it outperforms market in North America
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Electrolux Q2 profit rises more than expected as it outperforms market in North America
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Electrolux Q2 profit rises more than expected as it outperforms market in North America
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Electrolux Q2 profit rises more than expected as it outperforms market in North America
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Electrolux Q2 profit rises more than expected as it outperforms market in North America
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Japan's markets brace for election impact on JGBs, yen
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Japan's markets brace for election impact on JGBs, yen
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Japan's markets brace for election impact on JGBs, yen
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Japan's markets brace for election impact on JGBs, yen
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Japan's markets brace for election impact on JGBs, yen
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Japan's markets brace for election impact on JGBs, yen
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Japan's markets brace for election impact on JGBs, yen
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Japan's markets brace for election impact on JGBs, yen
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Japan's markets brace for election impact on JGBs, yen
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Japan's markets brace for election impact on JGBs, yen
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