Britain’s ASOS blames overseas warehouse issues for latest profit alert
British online fashion retailer ASOS warned on profit for the third time in eight months on Thursday, saying it had struggled to overhaul warehouses in...
Crude futures mixed; WTI extends losses after U.S. oil products stocks gain
Oil prices were mixed on Thursday with U.S. crude extending losses after falling in the previous session after data showed U.S. stockpiles of products like...
Stocks wobble on trade, earnings anxiety; U.S. Treasury yields fall
Asian share markets faltered on Thursday as Wall Street stocks dropped on early signs that the U.S.-China trade war could hurt corporate earnings, which helped...
Volvo Cars to cut costs as trade war dents profits
Volvo on Thursday announced plans to cut fixed costs by 2 billion Swedish crowns ($214 million), becoming the latest carmaker to warn that pricing pressure...
Malaysia’s Anwar says he has support to become PM, decries sex tape ‘gutter politics’
Malaysia’s Anwar Ibrahim, jailed twice for what he says were trumped-up sodomy charges, said on Thursday he has the support needed to become prime minister...
Sour taste: Australian celebrity chief underpaid employees $5.62 million
An Australian celebrity chef said on Thursday he had underpaid hundreds of his restaurant employees by nearly A$8 million ($5.62 million) over six years....
More than 10 feared dead in suspected Japan animation studio arson
More than 10 people are feared dead and dozens injured or missing in a suspected case of arson at an animation studio in the Japanese...
EU is ‘unimpressed’ by threats of no-deal Brexit: BBC
The EU’s chief Brexit negotiator said in an interview to be published on Thursday that he was unimpressed by threats of no-deal Brexit but that...
Outrageous to suspend parliament in October over no-deal Brexit: minister
It would be outrageous for parliament to be suspended in October ahead of a potential no-deal Brexit, a possible tactic by Boris Johnson, the frontrunner...
India’s monsoon rains below average in past week, raising crop worries
India’s monsoon rains were 20% below average in the week ending on Wednesday, the weather office said, as summer showers turned patchy over the central,...