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Cyclical Consumer Goods Headlines

XPO Logistics adding 6,000 holiday workers on e-commerce outlook

XPO Logistics Inc said on Friday it is hiring more than 6,000 seasonal workers for the crucial peak holiday season, roughly 20 percent more than last year, as the third-largest publicly traded U.S. logistics company gears up for a surge in e-commerce deliveries.

#MeToo challenges taboo against admitting sexual abuse in Africa

DAKAR, Oct 20 (Thomson Reuters Foundation) - The #MeToo social media campaign to raise awareness about sexual harassment and abuse has sparked conversation in parts of Africa where domestic violence is rampant but strong cultural and religious taboos prevent women from admitting it.

EU opens investigation into Chinese e-bike imports

The European Commission on Friday launched an investigation into the import of electronic bikes (e-bikes) from China after European producers complained that they are being sold at excessively low prices with the help of unfair subsidies.


Trump sees momentum for tax cuts after Senate OKs budget

WASHINGTON U.S. President Donald Trump on Friday signaled optimism for the passage of Republicans' sweeping tax cut plan, saying a key senator who rejected the party's budget blueprint a day earlier would back the proposed tax measure when it comes up for a vote.