Business

European stocks fall amid rising US-China change tensions – CNBC
Business

European stocks fall amid rising US-China change tensions – CNBC

European stocks traded lower on Monday as investors reacted to the latest escalation in the U.S.-China trade war.European Markets: FTSE, GDAXI, FCHI, IBEXThe pan-European Stoxx 600 index fell around 0.3% during morning deals, with sectors and major bourses broadly in the red. European technology stocks were the worst performers, falling 0.4%. U.K. markets are closed…

Apple’s $44 Billion Tumble Presentations Rising Tag of Reliance on China – Yahoo Finance
Business

Apple’s $44 Billion Tumble Presentations Rising Tag of Reliance on China – Yahoo Finance

View photos(Bloomberg) — Terms of Trade is a daily newsletter that untangles a world embroiled in trade wars. Sign up here. Apple Inc.’s reliance on China is looking increasingly like its biggest handicap.The world’s most influential consumer electronics company shed $44 billion of market value Friday after a pair of pronouncements from Beijing and Washington cast a…

Is Captioning an Audiobook Illegal? Main Publishers Insist Sure, And They’re Suing Audible – Gizmodo
Business

Is Captioning an Audiobook Illegal? Main Publishers Insist Sure, And They’re Suing Audible – Gizmodo

Photo: Kai Schwoerer / Stringer (Getty)Seven of the biggest names in publishing filed a lawsuit against Audible on Friday, arguing that its recently announced AI-generated captions feature breaks copyright law. The Amazon subsidiary debuted the service, Audible Captions, last month with a release lined up for the start of this upcoming school year (which, of…

Merchants to Hunker Down as Commerce Battle Enters ‘Bewildering’ Phase – Foreign substitute Factory
Business

Merchants to Hunker Down as Commerce Battle Enters ‘Bewildering’ Phase – Foreign substitute Factory

User Time Action Performed From bnnbloomberg.ca If the trade war momentarily played second fiddle to Jerome Powell’s Jackson Hole address, it has come crashing back to the forefront of concerns as most markets prepare to re-open for business Monday. Renewed tension between the U.S. and China has strategists betting investors will continue to seek the…

US lawmaker says peaceable pondering Facebook cryptocurrency – CNA
Business

US lawmaker says peaceable pondering Facebook cryptocurrency – CNA

WASHINGTON: The chair of the US House Financial Services Committee said on Sunday (Aug 25) she remained concerned about Facebook’s plans for a digital currency after meeting the government officials in Switzerland that Facebook has said will regulate it.”While I appreciate the time that the Swiss government officials took to meet with us, my concerns remain…

Historic Indian finance minister Jaitley dies at 66
Business

Historic Indian finance minister Jaitley dies at 66

Former Indian finance minister Arun Jaitley, a key ally of Prime Minister Narendra Modi, died in hospital in New Delhi on Saturday aged 66, the government said.Serving from 2014 until elections earlier this year, Jaitley oversaw the sudden withdrawal of vast amounts of cash from circulation in 2016.Modi said the controversial policy, known as “demonetisation”,…


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