Dec.15 — U.K. Prime Minister Boris Johnson’s big election win last week puts the country on track to quit the European Union at the end of January. But, there are still questions and tensions that could bleed through to markets. Bloomberg’s David Finnerty reports on “Bloomberg Daybreak: Asia.” …read more […]
Asian shares ticked higher on Monday as investors cheered an announced trade agreement between Beijing and Washington over the weekend although jubilation was capped by prevailing scepticism about the deal. U.S. Trade Representative Robert Lighthizer on Sunday said a deal was “totally done”, notwithstanding some needed revisions, and would nearly double U.S. exports to China over the next two years. The small drop in Japanese shares also reflected continued investor trepidation over the specifics of the trade deal. …read more […]
Asian shares ticked higher on Monday as investors cheered an announced trade agreement between Beijing and Washington over the weekend although jubilation was capped by prevailing scepticism about the deal.
Budget airline Jetstar said on Monday it would cut domestic capacity by around 10% in January due to industrial action by pilots and was considering the sale of three Boeing Co 787-8 jets serving loss-making international routes.
Dec.15 — Carla Hills, chair and chief executive officer at Hills & Co., discusses the “phase 1” trade deal between the U.S. and China and what it means for the two countries. She speaks on “Bloomberg Daybreak: Asia.” …read more […]
Dec.15 — Former Deputy Assistant U.S. Trade Representative Matt Gold says that neither the U.S. or China made any real concessions for the phase one trade deal and he does not see a phase two deal coming anytime soon. He spoke to Kathleen Hays and Paul Allen on “Bloomberg Daybreak Australia.” …read more […]
Budget airline Jetstar said on Monday it would cut domestic capacity by around 10% in January due to industrial action by pilots and it was considering the sale of three Boeing Co 787-8 jets serving loss-making international routes.
Walt Disney Co will launch its Disney+ streaming service on Vivendi SA’s pay-TV business Canal+ platform by the end of March next year, executives of the two groups said in a joint interview released in the daily Les Echos on Sunday.
International Flavors & Fragrances Inc on Sunday said it will merge with DuPont Inc’s $26.2 billion nutrition & biosciences unit, in a deal that will create a new combined company.
(Bloomberg Opinion) — China has made developing its own chip industry a matter of patriotic pride. It helps that “China chip” and “China heart” sound the same in the local language. The strain of this 1.7 trillion yuan ($243 billion) endeavor may be too much for the debt-clogged arteries of its municipal governments, though.Over the past decade, Beijing hasn’t hesitated to deploy its fiscal might in pursuit of economic and social objectives. After the 2008 collapse of Lehman Brothers, the government spent 4 trillion yuan building roads and railways to bolster the economy, sending growth into overdrive. Between 2015 and …read more […]
A high level prisoner exchange between the U.S. and Iran last week in Switzerland signals the end of an extremely dangerous standoff between the U.S. and Iran …read more […]
The “phase one” U.S.-China trade deal will nearly double U.S. exports to China over the next two years and is “totally done” despite the need for translation and revisions to its text, U.S. Trade Representative Robert Lighthizer said on Sunday.
Mexico’s deputy foreign minister for North America, Jesus Seade, on Sunday attempted to rebut claims his country would be subject to labor enforcement inspectors from other countries as part of the new North American trade deal.
The maker of the iPhone and MacBook has a proven track record for innovation, but it may soon struggle to justify its $1.2 trillion valuation Continue reading… …read more […]
Under terms of the deal, DuPont shareholders will own 55.4% of the shares of the new company and existing IFF shareholders will own 44.6%, IFF said in a statement. The deal, which has been unanimously approved by both boards, values the combined company at $45.4 billion on an enterprise basis, IFF said. DuPont will also receive a one-time cash payment of $7.3 billion upon closing of the deal, IFF added. …read more […]
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