BERLIN (Reuters) – Lufthansa is in contact with Norwegian Air Shuttle , also the subject of bid interest from British Airways owner IAG , the German group’s chief executive told a German daily, sending Norwegian’s shares higher.
SHANGHAI (Reuters) – Goldman Sachs said it expected China to adopt a slightly easier monetary stance in the face of tit-for-tat tariffs between Beijing and Washington that, while likely to have limited immediate impact on the economy, were at risk of escalating.
Jun.18 — Iran says Venezuela and Iraq will join it in blocking a proposal to increase oil production that’s backed by Saudi Arabia and Russia when OPEC and its allies meet in Vienna this week. Bloomberg’s Annemarie Hordern reports on “Bloomberg Daybreak: Europe.” …read more […]
TOKYO/SYDNEY (Reuters) – Asian shares fell to a 2-1/2 week low on Monday after U.S. President Donald Trump cranked up trade tensions by going ahead with tariffs on Chinese imports, prompting Beijing to immediately respond in kind.
Boeing has reorganised its sales operations as part of a push into services that has helped it take a lead over rival jet maker Airbus this year. Boeing set up a standalone division in 2017 to build a $50 billion business in services for civil and defence aircraft. Now sales of jetliner services have been brought under the same umbrella as plane sales, headed by senior vice president Ihssane Mounir, Boeing Co’s overall commercial sales chief. …read more […]
Google will invest $550 million in Chinese e-commerce powerhouse JD.com, part of the U.S. internet giant’s efforts to expand its presence in fast-growing Asian markets and battle rivals including Amazon.com. The two companies described the investment as one piece of a broader partnership that will include the promotion of JD.com products on Google’s shopping service. This could help JD.com expand beyond its base in China and Southeast Asia and establish a meaningful presence in U.S. and European markets. …read more […]
MEXICO CITY (Reuters) – Billionaire Carlos Slim has had harsh words for Mexico’s presidential frontrunner, saying recently he is “concerned and afraid” about what leftist Andres Manuel Lopez Obrador might do if elected.
Google will invest $550 million in Chinese e-commerce powerhouse JD.com (JD.O), part of the U.S. internet giant’s efforts to expand its presence in fast-growing Asian markets and battle rivals including Amazon.com (AMZN.O). The two companies described the investment as one piece of a broader partnership that will include the promotion of JD.com products on Google’s shopping service. JD.com’s investors include Chinese social media powerhouse Tencent Holdings Ltd , the arch-rival of Chinese e-commerce leader Alibaba Group Holding Ltd (BABA.N), and Walmart Inc (WMT.N). …read more […]
Google will invest $550 million in Chinese e-commerce powerhouse JD.com, part of the U.S. internet giant’s efforts to expand its presence in fast-growing Asian markets and battle rivals including Amazon.com. The two companies described the investment as one piece of a broader partnership that will include the promotion of JD.com products on Google’s shopping service. JD.com’s investors include Chinese social media powerhouse Tencent Holdings Ltd, the arch-rival of Chinese e-commerce leader Alibaba Group Holding Ltd, and Walmart Inc. …read more […]
Google has been increasing its presence in China in recent times, and today it …read more […]
OSLO (Reuters) – At least 25 percent of the plastics used in new Volvo car models from 2025 will be from recycled materials, the Chinese-owned company said on Monday in an anti-pollution plan praised by the United Nations.
SINGAPORE (Reuters) – Google will invest $550 million in Chinese e-commerce powerhouse JD.com , part of the U.S. internet giant’s efforts to expand its presence in fast-growing Asian markets and battle rivals including Amazon.com .
Jun.17 — Johan Jooste, chief investment officer at Bank of Singapore Ltd., talks about the trade disputes between the U.S. and China, and the implications for financial markets. He speaks with Haidi Lun on “Bloomberg Markets: Asia.” …read more […]
TOKYO/SYDNEY (Reuters) – Asian shares fell on Monday after U.S. President Donald Trump cranked up trade tensions by going ahead with tariffs on Chinese imports, prompting Beijing to immediately respond in kind.
TOKYO/SYDNEY (Reuters) – Asian shares fell on Monday after U.S. President Donald Trump cranked up trade tensions by going ahead with tariffs on Chinese imports, prompting Beijing to immediately respond in kind. MSCI’s broadest index of Asia-Pacific shares outside Japan skidded 0.4 percent to its lowest level since May 31. Financial markets in China and Hong Kong were closed for Dragon Boat festival holiday. …read more […]
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