Chinese e-commerce giant Alibaba Group is poised to launch a Hong Kong share sale expected to raise up to $13.4 billion as soon as Thursday, according to two sources with knowledge of the discussions.
OPEC’s Secretary General Mohammad Barkindo said on Wednesday he is confident that the United States and China would reach a trade deal and that it would remove a “dark cloud” over the oil market. It is premature to discuss the December OPEC+ decision and it is too early to say if further output cuts would be needed, Barkindo told reporters on the sidelines of an industry event in Abu Dhabi. OPEC and it’s non-OPEC partners need to continue working together to weather uncertainties and are committed to doing so, he said. …read more […]
Germany’s air force said on Wednesday it had decided not to take two Airbus A400M planes that were due to be delivered, citing recurring technical problems with the military transporters.
Q3 2019 Boxlight Corp Earnings Call …read more […]
U.S. electric vehicle pioneer Tesla will build its first European factory and design centre near Berlin to produce cars “Made in Germany” as it seeks to burnish its reputation for reliability and sporting prowess. Tesla Chief Executive Elon Musk made the announcement at a prestigious German car awards ceremony late on Tuesday and said its new plant would make batteries, powertrains and vehicles – starting with its Model Y sports utility vehicle. …read more […]
Global stocks sank Wednesday after President Donald Trump threatened more tariff hikes on Chinese imports if talks aimed at ending a trade war fail to produce an interim agreement. Market benchmarks in London, Frankfurt, Shanghai and Tokyo declined. Trump said Tuesday that an agreement on the “Phase 1” deal announced last month “could happen soon.” But he warned he was ready to raise tariffs “very substantially” if that fails. …read more […]
The airline said passenger numbers fell 7% in October and it now expected second-half profit to be “significantly below” the first half’s HK$1.347 billion ($172.04 million), in a step up from the wording “below” used last month. Hong Kong anti-government protesters on Wednesday paralysed parts of the Asian financial hub for a third consecutive day, with some transport links, schools and many businesses closing after an escalation of violence. “Overall we foresee a challenging remainder of 2019 for our airlines,” Cathay Chief Customer and Commercial Officer Ronald Lam said in a statement on Wednesday. …read more […]
Let’s talk about the popular Bayerische Motoren Werke Aktiengesellschaft (ETR:BMW). The company’s shares led the XTRA… …read more […]
Chinese e-commerce giant Alibaba Group is poised to launch a Hong Kong share sale expected to raise up to $13.4 billion as soon as Thursday, according to two sources with knowledge of the discussions.
European shares fell on Wednesday from four-year highs after U.S. President Donald Trump threatened to “substantially” increase tariffs if China failed to agree a trade deal and also took a swipe at European Union trade policies.
Chinese e-commerce giant Alibaba Group is poised to launch a Hong Kong share sale expected to raise up to $15 billion as soon as Thursday, according to two sources with knowledge of the discussions. While Alibaba executives are preparing for a Thursday launch, sources said the timing could slip depending on developments in Hong Kong’s ongoing protests. The deal – the world’s biggest cross-border secondary listing – will be seen as a boost for Hong Kong, which recently entered its first recession in a decade as more than five months of street protests and worries about the …read more […]
Q3 2019 ViewRay Inc Earnings Call …read more […]
It was barely worth the wait. U.S. President Trump spent more time berating the Federal Reserve in his speech on the economy last night than revealing any new trade truce with China – disappointing markets, which were expecting some breakthrough, or even some new signal, on the U.S.-China trade war. Trump remained bellicose – saying a deal was potentially close, but reserving the right to ratchet up tariffs “very substantially” against Beijing if no deal was sealed early next month. …read more […]
Q3 2019 Telecom Italia SpA Earnings Call …read more […]
Q3 2019 Mallinckrodt Plc Earnings Call …read more […]
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