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COMMENT: Singapore wants cold war's casualties, not cash
The more desperately Chinese firms seek a haven for their international operations, the more they'll lean toward Singapore.
Will their love be reciprocated? »
Business
Yahoo Finance
Apple Fitness+ doesn't terrify the founder of this Peloton rival — here's why
Here's why the founder of Tonal, one of Peloton's key rivals, isn't worried about Apple's new fitness offering.
News
Reuters
Exclusive: EU lending arm EIB to halt Belarus lending - source
The European Union's lending arm, the European Investment Bank, is to stop funding new projects in Belarus as part of the bloc's response to the disputed re-election of President Alexander Lukashenko, a source close to the bank said on Friday. The EIB has spent a total of 550 million euros ($652.14 million) in Belarus, having signed its first project in the country back in mid-2017. The step comes amid ongoing international pressure on Lukashenko, who is turning to Russia for support to try and ride out the crisis.
Business
Reuters
Democrats boost U.S. consumer sentiment, current account deficit widens 52.9%
U.S. consumer sentiment increased in early September, with Democrats growing more upbeat about the economy's outlook ahead of the Nov. 3 presidential election while Republicans' optimism waned slightly. The survey from the University of Michigan on Friday, however, showed President Donald Trump, a Republican, and his Democratic Party challenger, former Vice President Joe Biden, in "a virtual tie" when assessing consumers' responses between July and September on which candidate they thought would win the election, not whom they favored or how they intended to vote. "The September gains were primarily in the outlook for the economy, and it was Democrats that posted gains in economic prospects while optimism about the economy weakened among Republicans," the University of Michigan Surveys of Consumers chief economist Richard Curtin said in a statement.