Chinese shoppers snapped up food supplements, facial masks and baby milk powder at the world’s largest shopping festival, with brands such as L’Oreal and Nestle among the biggest winners, Alibaba data showed.
Asian share markets edged higher on Tuesday and Europe looked set to follow as investors awaited a speech by President Donald Trump on U.S. trade policy and on news he will likely delay a decision on whether to slap tariffs on European autos.
Asian share markets edged higher on Tuesday and Europe looked set to follow as investors awaited a speech by President Donald Trump on U.S. trade policy and on news he will likely delay a decision on whether to slap tariffs on European autos. EU officials said Trump was expected to announce this week that he was delaying the tariff decision on cars and auto parts imported from the European Union likely for another six months. The news boosted expectations about Trump’s speech later in the day about his administration’s long-running trade war with China. …read more […]
Hugo Boss AG (ETR:BOSS), which is in the luxury business, and is based in Germany, saw a decent share price growth in… …read more […]
Osram urged shareholders to back a $5 billion takeover bid from Austria’s AMS and said it would cut costs and not pay a dividend as it posted a loss for the fiscal year ending in September, hit by a downturn in the auto industry.
The latest bargaining chip in U.S.-China negotiations to cool a 16-month-old trade war is whether President Donald Trump would roll back tariffs on hundreds of billions of dollars’ worth of Chinese imports, and how soon.
U.S. President Donald Trump is scheduled to discuss the country’s trade policy at the Economic Club of New York on Tuesday, and the markets are likely to hang on every word.
The imminent listing of oil giant Aramco will be a pivotal moment for Saudi Arabia’s young and untested Tadawul stock exchange.
U.S. President Donald Trump is scheduled to discuss the country’s trade policy at the Economic Club of New York on Tuesday, and the markets are likely to hang on every word. Trump’s lunchtime address at the club, which has hosted U.S. presidents including Woodrow Wilson and John F. Kennedy, as well as foreign leaders like former Soviet President Mikhail Gorbachev https://www.econclubny.org/legacyarchive/-/blogs/1992-mikhail-gorbachev and Chinese Premier Li Keqiang https://www.ncuscr.org/content/full-text-premier-li-keqiangs-speech, will be closely watched by investors anxious for any positive news about his administration’s long-running trade war with China. “You can expect the president to highlight how his policies of lower …read more […]
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Nov.11 — Alibaba Group Holding Ltd. is moving ahead with plans to raise as much as $15 billion in a Hong Kong share sale, according to people familiar with the matter. Bloomberg’s Selina Wang has the story at Alibaba’s Hangzhou Headquarters on Singles’ Day. …read more […]
Khosrowshahi said this in a response to Axios Editor Dan Primack’s question on why the head of Saudi Arabia’s sovereign wealth fund is part of Uber’s board. Saudi Arabia is the fifth-largest shareholder in the company. …read more […]
U.S. oil prices fell for a second day on Tuesday, weighed down by uncertainty over whether U.S.-China trade talks are making much progress, while higher Saudi Arabian crude output reinforced concerns about oversupply. U.S. West Texas Intermediate (WTI) crude was down 18 cents, or 0.3%, at $56.68 a barrel. Brent crude futures were down 14 cents, or 0.2%, at $62.04 a barrel by 0256 GMT, after falling 0.5% on Monday. …read more […]
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