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U.S. consumers rattled by government shutdown, roiling markets

Business / Economy Jan 30, 2019

U.S. consumers rattled by government shutdown, roiling markets

U.S. consumer confidence tumbled this month to its lowest reading in a year and a half, tested by the partial government shutdown and roiling financial markets. Still, consumer spirits remain robust by historic standards. The Conference Board, a business research group, said Tuesday that its ...

Business / Economy Jan 28, 2019

Retail rout deepens as U.K. and Germany lose thousands of jobs

Europe's retail crisis deepened as companies in the U.K. to Germany are set to cut thousands of jobs as online shopping accelerates erosion of sales from traditional bricks-and-mortar stores. Tesco, the biggest U.K. grocer, will eliminate about 15,000 positions and close meat, fish and delicatessen ...

Abe and Macron call for smooth Nissan-Renault cooperation

Business / Economy Jan 26, 2019

Abe and Macron call for smooth Nissan-Renault cooperation

Prime Minister Shinzo Abe and French President Emmanuel Macron have expressed hope that a management change at Renault SA will work to facilitate cooperation between the French automaker and its Japanese partner, Nissan Motor Co. During 20-minute telephone talks Friday, Abe told Macron that the ...