SYDNEY (Reuters) -Australia's postal service said on Tuesday it had temporarily suspended parcel shipments to the United States after President Donald Trump's administration decided to scrap a customs tax rule that allowed low-value packages to enter duty free. The Australian government-owned Australia Post's move comes after several European and Asian carriers, including Swiss Post and DHL, which runs Germany's postal...

* Decision after U.S. scraps customs tax rule * Letters and documents not affected * Impact to be mostly felt by small businesses: expert (Adds expert quotes in paragraphs 8-9, FedEx ( FDX ) comment in paragraphs 12-13) By Renju Jose SYDNEY, Aug 26 (Reuters) - Australia's postal service said on Tuesday it had temporarily suspended parcel shipments to the...

SEOUL (Reuters) -A top South Korean official said on Monday that the U.S. and South Korea had decided to establish a non-binding agreement to define the operation and structure of $350 billion in investment funds agreed as part of a July trade deal. Seoul agreed with Washington last month on a trade deal to cut U.S. tariffs in exchange for...

(Reuters) -U.S. pizza chain Papa John's International plans to return to India by October, said a master franchisee executive, aiming to open 650 stores over the next decade in a market where fast-food chains have been struggling to sustain sales growth. The world's third-largest pizza delivery company, which exited India in 2017 citing underperformance, follows U.S. rival Little Caesars, which...