UK’s House of Fraser to close 31 stores, 6,000 jobs at stake
LONDON (Reuters) – British department store group House of Fraser said on Thursday it has proposed closing 31 stores in a move likely to result in 6,000 job losses. FILE…
Starbucks Executive Chairman Howard Schultz steps down
(Reuters) – Starbucks Corp Executive Chairman Howard Schultz is stepping down, effective June 26, the world’s biggest coffee chain said on Monday, fuelling speculation that the outspoken, liberal-leaning executive will…
Italy’s euroskeptics and their currency ideas take center-stage
ROME (Reuters) – If Italy leaves the euro, it will be late on a Friday night. FILE PHOTO: A two Euro coin is seen in this picture illustration taken in…
Exclusive: Mexico central bank ready for election, could support peso-Diaz de Leon
MEXICO CITY (Reuters) – Mexico’s central bank is prepared for different scenarios resulting from the country’s July 1 presidential vote, central bank chief Alejandro Diaz de Leon said late on…
Facebook’s Zuckerberg to apologise to EU lawmakers over data leak
BRUSSELS (Reuters) – Facebook boss Mark Zuckerberg arrived to meet European Union lawmakers on Tuesday ready to apologise for a massive data leak, in his latest attempt to draw a…
Maduro seizes Kellogg plant after it leaves Venezuela due to crisis
CARACAS (Reuters) – U.S.-based cereal maker Kellogg Co (K.N) on Tuesday pulled out of Venezuela due to the country’s deep economic crisis, and an angry President Nicolas Maduro said its…
Mexico says NAFTA deal unlikely this week, signing possible this year
MEXICO CITY (Reuters) – Mexico’s economy minister said on Tuesday that he saw diminishing chances for a new North American Free Trade Agreement ahead of a May 17 deadline to…
U.S., Mexico and Canada hasten NAFTA talks as elections loom: Pena Nieto
LIMA/MEXICO (Reuters) – The United States, Mexico and Canada will expedite NAFTA talks in a push to reach a deal in coming weeks, Mexico’s president said on Saturday after a…
Academic behind Facebook breach says political influence was exaggerated
LONDON (Reuters) – The consultancy at the center of a storm over Facebook (FB.O) data greatly exaggerated its role in Donald Trump’s 2016 U.S. presidential victory and would not have…
In warning for Trump, Democrat claims too-close-to-call Pennsylvania vote
CANONSBURG, Pa. (Reuters) – The Democrat candidate claimed a congressional election in a Republican heartland in Pennsylvania, as a vote seen as a referendum on Donald Trump’s performance as president…