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Consumer Goods and Retail Headlines

Latest CEFC default brings China bond defaults near $6 billion in 2018

CEFC Shanghai International Group, a unit of troubled energy firm CEFC China Energy Co Ltd, defaulted on bond payments due Monday, the company's fifth bond default this year. As of CEFC's latest default, 18 Chinese companies, mostly private, have defaulted on payments on 37 corporate bonds worth 41.2 billion yuan ($6 billion) so far in 2018, adding to worries about risks to the economy as growth slows and a trade war with the U.S. intensifies. The list of

Twenty-two states ask U.S. appeals court to reinstate 'net neutrality' rules

A group of 22 state attorneys general and the District of Columbia late Monday asked a U.S. appeals court to reinstate the Obama administration's 2015 landmark net neutrality rules and reject the Trump administration's efforts to preempt states from imposing their own rules guaranteeing an open internet.

Foreign automakers oppose Trump NAFTA plan as U.S-Mexico talks resume

Foreign-brand automakers with U.S. plants do not support Trump administration rules to raise the amount of local content in North American-made vehicles, a group representing companies including Toyota Motor Corp , Volkswagen AG and Hyundai Motor Co has told key U.S. lawmakers.

PRESS DIGEST- British Business - Aug 21

The following are the top stories on the business pages of British newspapers. Reuters has not verified these stories and does not vouch for their accuracy.


Exclusive: Trump worries that Mueller interview could be a 'perjury trap'

WASHINGTON U.S. President Donald Trump said on Monday he was worried that any statements under oath he provides to Special Counsel Robert Mueller could be used to bring perjury charges against him as part of the probe into Russia's electoral interference. | Video