The U.S. had plans to hike duties on at least $250 billion in Chinese goods to 30% from 25% on Tuesday. Despite the partial trade deal, some banks on Sunday wrote that tariff...Marketsread more
Economists polled by Reuters had expected Chinese exports denominated in the U.S. dollar to fall by 3% and imports to decline by 5.2% in September, compared to a year ago.China Economyread more
The industry has pulled in $322 billion over the past six months, the fastest pace since the second half of 2008.Marketsread more
A technical recession occurs when there are two consecutive quarters of economic contraction.Asia Economyread more
"Deepfakes" are being used to depict people in fake videos they did not actually appear in, and can potentially affect elections, diplomacy and how markets move, experts say.Technologyread more
A spokesperson for the U.S.-backed Syrian Democratic Forces (SDF) has issued a stark warning to the international community.World Newsread more
The potential deal would shift Neumann's already diminished voting power to the Japanese conglomerate, according to the Journal.Technologyread more
U.S. President Donald Trump said that both sides reached a "very substantial phase one deal" that will address intellectual property and financial services concerns and...Asia Marketsread more
On Friday, Zedd tweeted about the ban, and CNBC verified the claim with his publicist on Saturday.China Politicsread more
Hunter's vows to forgo any foreign work follow a slew of unsubstantiated attacks by President Donald Trump accusing him of corruption.Politicsread more
Apple, the company that created the modern-day smartphone, is relying on technology customers are already extremely familiar with, like cameras, and taking a backseat when it...Technologyread more
Penney is seeking a replacement for Ron Johnson, who was formerly in charge of retail at Apple. He left the company to run J.C. Penney in 2011, but was pushed out 17 months later.
Ahrendts accepted the position months ago, but will officially start as the senior vice president of retail and online sales next year.
According to the WSJ report, Ahrendts' hiring "was locked and loaded" this summer, but the announcement was delayed as Burberry weighed a successor, a source familiar with the matter said.
Apple is reportedly amplifying the role to include responsibility for online sales.
Ahrendts is the second luxury retail executive this year to announce a departure for the tech giant. Paul Deneve gave up his position as chief of Kering SA 's Yves Saint Laurent brand to take on the role as VP of special projects at Apple.