Business articles

Trump lashes out at EU again on trade

President Donald Trump once again lashed out at the EU on Tuesday for what he called its “protectionist” trade practices, and indicated the United States will focus on a major deal with Britain.

Michael Kors buys Jimmy Choo for £900m

US fashion brand Michael Kors on Tuesday agreed to buy British shoemaker to the stars Jimmy Choo for almost £900 million ($1.2 billion, 1.0 billion euros).

Indian stocks hit record, break 10,000 barrier

India’s stock markets hit record highs on Tuesday with the National Stock Exchange’s much-watched Nifty index breaking the psychological 10,000 point mark for the first time as traders take heart from economic reforms.

South Korea tips fastest growth in three years in 2017

South Korea said Tuesday its economy is set to grow at its fastest rate in three years in 2017, on the back of strong exports and a $10 billion stimulus package aimed at creating jobs and bolstering welfare.

Cartel probe looms over German car industry

German carmakers faced a brewing scandal Monday as suspicions grew they colluded illegally for decades, further damaging the industry’s image and exposing it to massive financial risks.

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