Business

LONDON (AP) — Britain’s media is reporting that Jaguar Land Rover will announce up to 5,000 job cuts as the carmaker addresses slowing demand in China and growing uncertainty about the U.K.’s departure from the European Union.

The BBC says the luxury carmaker will cut around 5,000 jobs in marketing, management and administrative roles. The company employs about 44,000 people in the U.K.

BEIJING (AP) — The United States and China gave no indication of their next step after wrapping up talks aimed at resolving a tariff fight that threatens to chill global growth.

The two sides will “maintain close contact,” China’s Ministry of Commerce said Thursday. But they announced no agreements or date for meeting again during the 90-day truce declared on Dec. 1 by Presidents Donald Trump and Xi Jinping in their fight over Beijing’s technology ambitions.

10 Jan 2019; AP: A U.S. supplier of t-shirts and other team apparel to college bookstores cut its ties Wednesday with a Chinese company that drew workers from an internment camp holding targeted members of ethnic minority groups.

In recent years, authorities in the far west Chinese region of Xinjiang have detained an estimated 1 million Uighurs and Kazakhs in heavily-secured facilities where detainees say they are ordered to renounce their language and religion while pledging loyalty to the China’s ruling Communist Party.

10 Jan 2019; AFP: Sri Lanka's prime minister said Thursday the country was struggling to pay back its ballooning foreign debt, blaming a recent political crisis for dealing a "death blow" to the economy.

Ranil Wickremesinghe said his government was scrambling to raise $1.9 billion to help service a first debt payment of $2.6 billion, that is due on Monday.

Sri Lanka faces $5.9 billion in foreign debt repayments in 2019, a record for the cash-strapped island.

10 Jan 2019; AFP: Almost 640 flights were cancelled in Germany Thursday as security staff went on strike at three airports, meaning disruption for around 100,000 passengers.

The number of flights blocked was more than half the 1,050 planned for Duesseldorf, Cologne-Bonn and Stuttgart.

Duesseldorf -- the country's third-largest airport -- said in a statement that 370 of Thursday's 580 planned departures had to be cancelled.

MOSCOW, January 10. /TASS/. The Roscosmos state corporation is studying the possibility of organizing tourist missions via Yuri Gagarin’s route and is conducting negotiations with potential partners, Roscosmos Director General Dmitry Rogozin said in an interview with RBC.

Space tourism should not necessarily be connected with the International Space Station (ISS), he said. "Let’s say, orbital flights on Yuri Gagarin’s route is a good issue for tourists. We already started negotiations with potential partners, who are interested in this option," Rogozin reported.

WASHINGTON, Jan. 9 (Xinhua) -- U.S. President Donald Trump on Wednesday abruptly walked out from a meeting with congressional leaders, saying later that his talks with top Democrats on ending the partial government shutdown were "a total waste of time."

"I asked what is going to happen in 30 days if I quickly open things up, are you going to approve Border Security which includes a Wall or Steel Barrier? Nancy said, NO. I said bye-bye, nothing else works!" Trump tweeted after his fresh engagement with House Speaker Nancy Pelosi and Senate Minority Leader Chuck Schumer.

New Delhi, January 9; GANASHAKTI: The following press release has been issued to the media by the Central Trade Unions in the press-meet on 9th January 2019 at New Delhi.

BANGKOK (AP) — Share prices have surged in Europe and Asia on Wednesday on hopes for progress in resolving the tariffs battle between the U.S. and China as talks appeared to have been extended in Beijing.

KEEPING SCORE: Germany’s DAX added 1.3 percent to 10,944.12 while the CAC 40 in France climbed 1.4 percent to 4,837.95. Britain’s FTSE 100 jumped 0.8 percent to 6,913.33. Wall Street looked set for more gains, with the future contract for the Dow up 0.5 percent while that for the S&P 500 also rose 0.5 percent.

BEIJING (AP) — Three days of U.S.-Chinese talks aimed at ending a costly tariff battle wrapped up Wednesday in an optimistic atmosphere after President Donald Trump said they were “going very well!”

No details were immediately announced, but stocks rose after talks planned for two days were extended to three. Hong Kong’s main market index closed up 2.1 percent and Tokyo rose 1.1 percent.

A Chinese foreign ministry spokesman, Lu Kang, announced the talks had ended. Lu said he had no details and an official statement would be issued later.