The cancellations occurred after demonstrators descended on the airport in a show of anger over the police’s handling of unrest the night before. Source: NYT > Business – Gerry Mullany
China Needs New Places to Sell Its Mountain of Stuff
Faced with severe factory overcapacity at home and tariffs on exports to the U.S., Beijing wants to finish a much-delayed Asian free-trade pact. Source: NYT > Business – Keith Bradsher
In Its Post-Lagerfeld Era, Chanel Is Still Earning Profits
The privately owned French fashion house has a new creative director, strong sales growth and a firm message: Chanel is not for sale. Source: NYT > Business – Elizabeth Paton
The Global Economy Was Improving. Then the Fighting Resumed.
The escalating trade war between the United States and China is threatening the global economy. Source: NYT > Business – PETER S. GOODMAN
As Swine Fever Roils Asia, Hogs Are Culled and Dinner Plans Change
An African swine fever outbreak that had been centered in China is rapidly spreading to neighboring countries, pushing up prices of pork, a staple in many Asian nations. Source: NYT > Business – MIKE IVES and KATHERINE LI
Standard Chartered Fined $1.1 Billion for Violating Sanctions and Anti-Money Laundering Laws
The British bank reached a settlement with United States and British authorities after processing transactions from Sudan, Cuba and Iran. Source: NYT > Business – EMILY FLITTER