Fashion brand Zara seeks to distance itself from Hong Kong controversy

Fashion brand Zara seeks to distance itself from Hong Kong controversy

FILE PHOTO: The logo of the Zara store is seen in a mall at Vina del Mar, Chile July 14, 2019. REUTERS/Rodrigo Garrido September 5, 2019 BEIJING/MADRID (Reuters) – Spanish fashion brand Zara, seeking to avoid becoming embroiled in controversy over protests in Hong Kong, issued a statement on Chinese social media expressing support for China’s sovereignty over the Asian financial hub. Zara, owned by the world’s biggest clothing retailer Inditex <ITX.MC>, made its statement…

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China, U.S. to hold trade talks in October; Beijing says phone call went well

China, U.S. to hold trade talks in October; Beijing says phone call went well

FILE PHOTO: Chinese and U.S. flags flutter near The Bund, before U.S. trade delegation meet their Chinese counterparts for talks in Shanghai, China July 30, 2019. REUTERS/Aly Song/File Photo/File Photo September 5, 2019 BEIJING (Reuters) – China and the United States on Thursday agreed to hold high-level trade talks in early October in Washington, amid fears that an escalating trade war could trigger a global economic recession. The talks were agreed to in a phone…

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British PM Johnson kicks off election campaign as parliament blocks no-deal Brexit

British PM Johnson kicks off election campaign as parliament blocks no-deal Brexit

Britain’s Prime Minister Boris Johnson speaks during debate in the House of Commons in London, Britain September 4, 2019. ©UK Parliament/Jessica Taylor/Handout via REUTERS September 5, 2019 By Guy Faulconbridge and Elizabeth Piper LONDON (Reuters) – British Prime Minister Boris Johnson was on Thursday kicking off what is in effect an election campaign, casting an alliance of opposition parties trying to block a ‘no-deal’ Brexit as defeatists surrendering to the European Union. As the United…

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World food prices dip in Aug for third month running: U.N. FAO

World food prices dip in Aug for third month running: U.N. FAO

Workers harvest sugar cane at a plantation in Rose Belle, 30 km southeast of the Mauritius capital Port Louis, July 18, 2006. REUTERS/Tim Cocks September 5, 2019 ROME (Reuters) – World food prices fell for a third month running in August, pushed down by a sharp drop in the prices of sugar, wheat and maize, the United Nations food agency said on Thursday. The Food and Agriculture Organization (FAO) food price index, which measures monthly…

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North Korea tells United Nations to cut international aid staff: letter

North Korea tells United Nations to cut international aid staff: letter

FILE PHOTO: North Korean Foreign Minister Ri Yong Ho attends a meeting with China’s President Xi Jinping at the Great Hall of the People in Beijing, China December 7, 2018. Fred Dufour/Pool via REUTERS/File Photo September 5, 2019 By Michelle Nichols UNITED NATIONS (Reuters) – North Korea has told the United Nations to cut the number of international staff it deploys in the country because the world body’s programs have failed “due to the politicization…

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Euro zone bond yields extend climb on trade talk hopes

Euro zone bond yields extend climb on trade talk hopes

A trader walks across the trading floor at the Frankfurt stock exchange January 22, 2015. REUTERS/Ralph Orlowski September 5, 2019 By Tommy Wilkes LONDON (Reuters) – Euro zone bond yields inched higher on Thursday as investors welcomed signs of progress in resolving the U.S.-China trade war, and seized on recent doubts about whether a European Central Bank stimulus package next week can match expectations. After a strong rally in August, euro zone bonds stumbled in…

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Turkey’s Erdogan says plans 5% growth rate in 2020

Turkey’s Erdogan says plans 5% growth rate in 2020

FILE PHOTO – Early morning sunlight cuts across residential housing that stretches to the horizon of Istanbul’s skyline in Turkey June 13, 2018. REUTERS/Russell Boyce September 5, 2019 ISTANBUL (Reuters) – President Tayyip Erdogan said Turkey would plan for economic growth of 5% in 2020, in comments which followed data on Monday showing the economy contracted 1.5% year-on-year in the second quarter. Turkey’s economy is looking to shake off a recession brought on by last…

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Deutsche Telekom 5G network goes live in 5 German cities

Deutsche Telekom 5G network goes live in 5 German cities

FILE PHOTO – Timotheus Hoettges, CEO of Deutsche Telekom AG, walks on stage past a 5G technology setup during the company’s annual shareholder meeting in Bonn, Germany March 28, 2019. REUTERS/Wolfgang Rattay September 5, 2019 BERLIN (Reuters) – Deutsche Telekom said on Thursday its 5G mobile network had gone live in five German cities, timing the launch for maximum impact on the opening day of the IFA consumer electronics fair in Berlin. The German market…

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UK government drops bid to stop Brexit delay bill in parliament

UK government drops bid to stop Brexit delay bill in parliament

A pro-Brexit protester carries signs outside the Houses of Parliament in London, Britain, September 4, 2019. REUTERS/Dylan Martinez September 5, 2019 LONDON (Reuters) – British Prime Minister Boris Johnson’s government abandoned attempts to block a law aimed at stopping at the country leaving the European Union without a deal in the upper house of parliament. The move paves the way for Johnson to ask the EU for a three-month extension to the Brexit deadline, if…

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Indian rupee unlikely to gain traction as investors stay shy: Reuters poll

Indian rupee unlikely to gain traction as investors stay shy: Reuters poll

FILE PHOTO – A customer hands Indian currency notes to an attendant at a fuel station in Mumbai, India, August 13, 2018. REUTERS/Francis Mascarenhas September 5, 2019 By Tushar Goenka and Indradip Ghosh BENGALURU (Reuters) – The Indian rupee will not regain ground lost against the dollar in the coming year, according to strategists polled by Reuters, who believe a recent rollback of a surcharge on foreign investments will have no impact on the currency….

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