06/08/2019

Business

Rolls-Royce expresses optimism over Brexit plans

UK enginemaker Rolls-Royce on Tuesday expressed confidence over plans for Britain's departure from the European Union, but revealed that the pound's Brexit-fuelled slump has left it languishing in the red.

Business

Privacy watchdogs warn Facebook over Libra currency

Global privacy regulators joined forces Tuesday to demand guarantees from Facebook on how it will protect users' financial data when it launches its planned cryptocurrency, Libra.

Business

Tencent set to take stake in Universal Music

Chinese internet giant Tencent is in early talks to take a stake in the Universal Music Group, a behemoth in the global music industry, UMG's French owner said on Tuesday.

Business

Car market slowdown 'threatens jobs at Bosch'

A global car market expected to slow this year and the continuing aftershocks of a sector-wide diesel cheating scandal will hit jobs at the world's biggest component supplier Bosch, its boss said Tuesday.

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