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Friday, August 31, 2018

Wonga: Will my debt be written off and other questions answered

Payday lender Wonga has collapsed, but what does this mean for borrowers and compensation claimants?

from BBC News - Business https://ift.tt/2LIeII1

Stock futures tentative on trade tensions


Stock futures tentative on trade tensions





EU deeply disagrees with U.S. on trade despite detente

The European Union's detente on tariffs with the United States has not put to rest "profound disagreements" on trade policy, the European commissioner in charge of trade said on Thursday.


from Reuters: Business News https://ift.tt/2wnf6qr

Trump ready to ratchet up China trade war with more tariffs: report

U.S. President Donald Trump is prepared to quickly ramp up a trade war with China and has told aides he is ready to impose tariffs on $200 billion more in Chinese imports as soon as a public comment period on the plan ends next week, Bloomberg News reported on Thursday.


from Reuters: Business News https://ift.tt/2LFEAE8

Coca-Cola Bets on Coffee With $5.1 Billion Deal for Costa


By MICHAEL J. de la MERCED from NYT Business Day https://ift.tt/2MI0kEU

China says putting pressure on Beijing won't work amid trade war with U.S.

China's foreign ministry on Friday said that putting pressure on Beijing over trade won't work, after a report that U.S. President Donald Trump is prepared to quickly ramp up a trade war between the two countries.


from Reuters: Business News https://ift.tt/2MGvVa4

Turkey raises tax on foreign currency savings to help lira


Turkey raises tax on foreign currency savings to help lira



Turkey has raised a tax on foreign currency deposit accounts and scrapped another on lira savings as it tries to shore up its struggling currency.

Petrol and diesel prices hit highest since 2022

The cost of filling up a vehicle has rebounded, according to the RAC, as oil prices remain elevated. from BBC News https://ift.tt/rlLS8DK