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CORRECTED-COLUMN-Amazon wins green praise for brown-bag packaging: Ross Kerber
By Ross Kerber Aug 13 (Reuters) - Environmentalists cheered when Amazon's recent sustainability report showed a 16% decline in the company's shipments with single-use plastic, to 74,137 metric tons last year. That's significant, especially as many companies adjust to new priorities fr...
Reuters
Wed, Aug 13
South African auto parts group Jendamark braces for US tariff hit
By Nqobile DludlaGQEBERHA, Aug 13 (Reuters) - South African auto parts manufacturer Jendamark Automation stands to lose 750 million ($43 million) rand of contracts in a U.S. market it has built up to account for 50% of its exports, its operations director told Reuters.The 40-year-old company based i...
Reuters
Wed, Aug 13
JM GROUP FILES FOR IPO OF 3.75 MILLION ORDINARY SHARES- SEC FILING
Aug 13 (Reuters) - JM GROUP: JM GROUP LIMITED: EXPECTS TO LIST ITS ORDINARY SHARES ON NYSE AMERICANJM GROUP LTD - FILES FOR IPO OF 3.75 MILLION ORDINARY SHARES - SEC FILINGJM GROUP LIMITED: ESTIMATED INITIAL PUBLIC OFFERING PRICE FOR ORDINARY SHARES IN OFFERING EXPECTED TO BE BETWEEN $4 AND $5 PER O...
Reuters
Wed, Aug 13
PREVIEW-Tapestry quarterly revenue likely rose 5.5% as Coach bags drew young shoppers
Accessible luxury brands gain momentum amid economic challengesCoach brand drives Tapestry's revenue growth, targeting younger demographicsKate Spade struggles with heavy promotions, affecting Tapestry's performanceBy Samantha Marshak Aug 13 - Tapestry TPR.N kept up a brisk pace of sales ...
Reuters
Wed, Aug 13
Brazil to seek exemption from fiscal target for US tariff aid spending
BRASILIA, Aug 13 (Reuters) - Brazil's government will send a bill to Congress requesting that 9.5 billion reais ($1.76 billion) in spending under its aid package for companies hit by steeper U.S. tariffs be excluded from the country's fiscal target, an official said on Wednesday.Speaking at ...
Reuters
Wed, Aug 13
EXCLUSIVE-US embeds trackers in AI chip shipments to catch diversions to China, sources say
Trackers found in Dell and Super Micro shipments containing Nvidia, AMD chips, sources sayChina criticizes US export curbs, tracking proposalsBy Fanny Potkin, Karen Freifeld and Jun Yuan Yong SINGAPORE/NEW YORK, Aug 13 (Reuters) - U.S. authorities have secretly placed location tracking devices ...
Reuters
Wed, Aug 13
GEO Group loses latest bid to nix $23 mln verdict over immigrant detainee pay
By Daniel Wiessner Aug 13 (Reuters) - Private prison operator GEO Group must pay more than $23 million to the state of Washington and hundreds of immigrant detainees who were paid $1 a day to participate in a work program, a U.S. appeals court ruled on Wednesday.The full 9th U.S. Circuit Court of...
Reuters
Wed, Aug 13
Fed's Goolsbee: grappling with inflation will make upcoming meetings 'live'
Aug 13 (Reuters) - Chicago Federal Reserve Bank President Austan Goolsbee said the U.S. central bank is grappling with understanding whether tariffs will push up inflation just temporarily or more persistently, which would inform its decision on when to cut rates."As we go into the fall, these a...
Reuters
Wed, Aug 13
Brazil unveils aid package for exporters hit by US tariffs
Brazil among hardest hit by Trump tariffsAid plan centered on $5.5 billion credit lineLula says no retaliation for nowBy Marcela Ayres BRASILIA, Aug 13 (Reuters) - Brazil's government unveiled on Wednesday a long-awaited aid package for companies hurt by steep U.S. tariffs, centered on cr...
Reuters
Wed, Aug 13
ECST Holdings To Offer 2 Mln Class A Ordinary Shares In Us IPO-SEC Filing
Aug 13 (Reuters) - ECST HOLDINGS LTD : ECST HOLDINGS LTD TO OFFER 2,000,000 CLASS A ORDINARY SHARES IN US IPO - SEC FILINGECST HOLDINGS LTD - APPLIES TO LIST SHARES ON NASDAQ UNDER SYMBOL ECST - SEC FILINGECST HOLDINGS LTD - ESTIMATED IPO PRICE PER CLASS A ORDINARY SHARE IS $4.00 - SEC FILINGECST ...
Reuters
Wed, Aug 13
L3harris Technologies Says US Space Force Launches L3harris-Built Nts-3 Satellite
Aug 13 (Reuters) - L3harris Technologies Inc LHX.N:L3HARRIS TECHNOLOGIES INC - US SPACE FORCE LAUNCHES L3HARRIS-BUILT NTS-3 SATELLITE
Reuters
Wed, Aug 13
BREAKINGVIEWS-Hanes underwear deal looks too skimpy
By Jennifer SabaNEW YORK, Aug 13 (Reuters Breakingviews) - An apparel tie-up is leaving one party overexposed. Canada’s Gildan Activewear GIL.TO wants to buy rival T-shirt, bra and boxer maker HanesBrands HBI.N for $2.2 billion. Chunky cost savings cover the premium roughly four times over, but the...
Reuters
Wed, Aug 13
No armed groups allowed in Lebanon, president tells Hezbollah's ally Iran
By Jana Choukeir and Ahmed Elimam BEIRUT, Aug 13 (Reuters) - No group in Lebanon is permitted to bear arms or rely on foreign backing, its president told a visiting senior Iranian official on Wednesday after the cabinet approved the goals of a U.S.-backed roadmap to disarm the Iran-aligned Hezbo...
Reuters
Wed, Aug 13
US issues sanctions against Mexican cartel fraud scheme in Puerto Vallarta
Aug 13 (Reuters) - The U.S. government imposed sanctions on Wednesday on individuals and companies based in or near Puerto Vallarta accused of running timeshare fraud schemes on behalf of Mexico-based Jalisco New Generation Cartel (CJNG).The U.S. Treasury and State Department said the schemes, often...
Reuters
Wed, Aug 13
QUOTES-Trump, European leaders comment on videoconference on Ukraine
Aug 13 (Reuters) - Donald Trump joined a teleconference with European leaders including Ukrainian President Volodymyr Zelenskiy on Wednesday, two days before the U.S. leader is due to hold a summit in Alaska with Russia's Vladimir Putin to discuss how to end the war in Ukraine.Following are some...
Reuters
Wed, Aug 13
'Coalition of Willing' leaders set out stance on Ukraine ceasefire pathway
LONDON, Aug 13 (Reuters) - Britain, France and Germany, co-chairs of the so-called "Coalition of the Willing", set out their position on the pathway to a ceasefire in Ukraine in a statement released after a virtual meeting on Wednesday."Ukraine must have robust and credible security guar...
Reuters
Wed, Aug 13
REFILE-Trump says Congress needs to pass crime bill, including 30-day extension of D.C. police takeover
Aug 13 (Reuters) - U.S. President Donald Trump said on Wednesday that Congress will need to pass a bill to address crime and that the legislation should include an extension to the 30-day limit on federal police control of Washington, D.C. "We're going to be asking for extensions on that, lo...
Reuters
Wed, Aug 13
Trump-appointed judge expresses 'skepticism' about DOJ case against Maryland judges over immigration order
By Nate Raymond and Andrew Goudsward Aug 13 (Reuters) - A federal judge on Wednesday said he was skeptical of the U.S. Department of Justice pursuing an unusual lawsuit against every federal judge in Maryland to challenge a court order that blocked President Donald Trump's administration from...
Reuters
Wed, Aug 13
CORRECTED-Ukraine, US, European leaders discuss venue for follow-up meeting after Trump-Putin summit, source says
Aug 13 (Reuters) - Leaders of the U.S., Ukraine and Europe on Wednesday discussed possible locations for a follow-up meeting of U.S. President Donald Trump, Russian President Vladimir Putin and Ukrainian President Volodymyr Zelenskiy after the Trump-Putin summit in Alaska later this week, a source f...
Reuters
Wed, Aug 13
Most important that Europe convinces Trump that one can't trust Russia, says Polish PM
WARSAW, Aug 13 (Reuters) - We want the meeting in Alaska between presidents of United States and Russia to have an effect on Russia like sanctions would have, Polish Prime Minister Donald Tusk said on Wednesday."It's most important thing that Europe convinces Donald Trump that one can't ...
Reuters
Wed, Aug 13
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