Sep.10 — Christopher Grisanti, chief executive officer at Grisanti Capital Management, explains why he still expects to see good things from shares of Apple Inc. He speaks with Bloomberg’s Tom Keene on “Bloomberg Surveillance.” …read more […]
Volvo Cars and its owner Geely said on Monday they had postponed plans to float shares in the Swedish carmaker, blaming trade tensions and a downturn in automotive stocks.
Brian Duperreault, who rejoined American International Group Inc as chief executive officer last year to turn the company around, remembers another era when the insurer was trying to blaze a trail toward greatness.
Unlike his charismatic boss, Jack Ma, Alibaba chief executive Daniel Zhang isn’t usually one to grab the limelight, let alone make kung fu movies with superstars or dance in public.
The dramatic confirmation hearings for Judge Brett Kavanaugh’s nomination to the Supreme Court may not have changed the outcome, but both parties used them to achieve important political goals. Photo: Getty …read more […]
World shares were flirting with their longest run of declines since early 2016 on Monday, hit by rising anxiety about the U.S.-China trade war and another interest rate increase by the Federal Reserve later this month.
Oil prices rose on Monday as U.S. drilling stalled and as investors anticipated lower supply once new U.S. sanctions against Iran’s crude exports kick in from November.
Chinese carmaker Geely [GEELY.UL] is delaying plans to list Volvo Cars [IPO-VOLVO.ST] due to uncertainties created by escalating trade tensions and the need to bolster the Swedish brand’s presence in China, said a person familiar with the matter.
Luxury goods group Richemont has ample liquidity and financial flexibility after raising 4 billion euros ($4.63 billion) in capital markets this year, its chairman and controlling shareholder told the group’s annual general meeting on Monday.
Volkswagen went on trial on Monday to face investors seeking 9.2 billion euros ($10.6 billion) in compensation, arguing the carmaker should have informed shareholders earlier about its diesel pollution scandal.
China will respond if the United States takes any new steps on trade, the foreign ministry said on Monday, after President Donald Trump warned he was ready to slap tariffs on virtually all Chinese imports into the United States. On Friday, Trump said he was ready to levy additional taxes on practically all Chinese imports, threatening duties on $267 billion of goods over and above planned tariffs on $200 billion of Chinese products. “If the U.S. side obstinately clings to its course and takes any new tariff measures against China, then the Chinese side will inevitably take countermeasures …read more […]
Cartier maker Richemont made Jerome Lambert chief executive on Monday, handing the luxury goods veteran the task of continuing to take the group, in particular its watch brands, digital.
TAIPEI (Reuters) – Shares of Apple Inc (AAPL.O) suppliers fell across Asia on Monday after U.S. President Donald Trump tweeted that the tech giant should make products in the United States if it wanted … …read more […]
Shares of Apple Inc suppliers fell across Asia on Monday after U.S. President Donald Trump tweeted that the tech giant should make products in the United States if it wanted to avoid tariffs on Chinese imports.
Cartier maker Richemont on Monday named group veteran Jerome Lambert as chief executive officer to help the world’s second biggest luxury goods group master adjust to changing consumer habits and put its watch brands back on track.
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