Oil prices dipped on Monday as the start to U.S. sanctions against Iran’s fuel exports was softened by waivers that will allow some countries to still import Iranian crude, at least temporarily.
China’s online giants Alibaba and JD.com are taking their battle for relevance in the lucrative luxury goods market to a new level, as they aim to crack e-commerce tie-ups with top brands that usually shun selling through third parties.
At a near-empty Hyundai Motor showroom in the Chinese mega city of Chongqing, the store manager is grumbling about his shortage of customers and a lack of bigger, cheaper SUV models popular in the world’s largest auto market.
The British pound jumped to a two-week high on Monday on hopes Britain was inching closer to a smooth Brexit, while Asian stocks will likely have a nervous start amid worries about shaky Sino-U.S. trade relations.
Sears Holdings Corp is in discussions with Chairman Eddie Lampert and lenders on a deal to expand a bankruptcy financing package that would help it avoid liquidation, people familiar with the matter said.
Amazon.com Inc is in late-stage talks with Dallas, New York, the Crystal City area of northern Virginia and a few other candidates for the location of its second headquarters, the Wall Street Journal reported on Sunday.
JPMorgan Chase & Co , the biggest U.S. bank by assets, said on Sunday that it has selected impoverished areas around Paris as the first foreign focus of an urban economic development strategy it started four years ago in Detroit.
Emirates is edging towards a deal with Rolls-Royce to power its latest Airbus A380 superjumbos but has not yet reached a final agreement, the Dubai-based airline said on Sunday.
The oil market’s two-year bull run is running into one of its biggest tests in months, facing a tidal wave of supply and growing worries about economic weakness sapping demand worldwide.
Trade frictions with the United States and accusations of industrial espionage are set to cast a cloud over China’s largest aerospace meeting this week, as suppliers consider what the country’s slowing economy could mean for booming jet demand.
A report suggesting an all-UK customs deal will be written into the legally binding agreement governing Britain’s withdrawal from the EU to avoid the need for an Irish backstop is “speculation”, Prime Minister Theresa May’s office said.
An all-UK customs deal will be written into the legally binding agreement governing Britain’s withdrawal from the EU so that an Irish backstop, which has been the main stumbling bloc to London and Brussels agreeing a deal, is not required, the Sunday Times reported.
More than 70 business figures are calling for a public vote on the final terms of Britain’s exit from the European Union, warning that the country faces “either a blindfold or a destructive hard Brexit”, the Sunday Times reported.
More than 50 senior business leaders have signed a letter to be published in The Sunday Times newspaper that will say there should be a new public vote on the final terms of Britain’s exit from the European Union, Sky News reported on Saturday.
More than 50 business leaders have signed a letter that will appear in The Sunday Times newspaper effectively calling for a second vote on Brexit, Sky News reported on Saturday.
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