China canceled planned trade talks with the U.S. as new tariffs were due to take effect today. (WSJ)
Japan's core inflation rose at a slightly faster pace in August. (WSJ)
British Prime Minister Theresa May warned Brexit talks have hit an impasse and called on European leaders to present new proposals. (WSJ)
Barrick Gold Corp.is buying Randgold Resources Ltd. in a merger that will create the world’s largest gold company. (WSJ)
Farfetch Ltd. shares soared in the London-based online luxury goods company’s U.S. initial public offering. (WSJ)
A U.S. bankruptcy court approved teen accessories retailer Claire’s Stores Inc.’s restructuring plan. (WSJ)
Concern is rising in Europe that China may use its commercial acquisitions of overseas ports for military purposes. (South China Morning Post)
Tesla Inc. vice president of global supply management Liam O’Connor is the latest senior executive to leave the car maker. (Bloomberg)
China’s Zhejiang Geely Holding Group is turning Malaysia into a base for exports after improving operations at local car producer Proton Holdings. (Nikkei Asian Review)
Costco Wholesale Corp. plans a massive chicken operation in eastern Nebraska to bring more of its rotisserie chicken supply chain under its own wing. (Seattle Times)
Foxconn Technology Group is setting the groundwork for a local supply chain to serve its new Milwaukee factory. (BIzTimes)
European online furniture retailer Westwing plans to raise about $139 million in an initial public offering in Frankfurt. (Reuters)
Police in China arrested 21 suspects for stealing data from Alibaba Group Holding Ltd. delivery arm Cainiao Network. (Xinhua)
Tunisian authorities detained a Maersk Line ship over claims from shippers over goods lost in the fire on the Maersk Honam. (Lloyd’s List)
FedEx Corp. opened a 600,000-square-foot ground parcel hub in Middletown, Conn. (Hartford Courant)
Warehouse handling equipment provider Wynright Corp. will build a $26 million factory in Hobart, Ind. (DC Velocity)
U.S. shippers are under pressure to open distribution centers on weekends as enforcement of truck-safety rules gets tougher. (Journal of Commerce)
Federal regulators told Union Pacific Corp. to provide updates on its shift toward operations known as precision railroading. (Logistics Management)
Mercedes Benz Vans plans to develop autonomous electric vans for freight and passenger transport. (Heavy-Duty Trucking)
An arbitrator ruled Canada Post’s rural and suburban mail carriers should get a 25% pay increase. (Barriere Star Journal)
New Zealand grocers pulled Australian strawberries from shelves after needles were found in a shipment. (The Guardian)
|