Business & Finance News
BEIJING (Reuters) – Chinese state media expressed caution on Thursday ahead of key trade talks with senior U.S. officials in Beijing, saying China will stand up to U.S. bullying if needed but that it was still better to hash things out around the negotiating table.
SAN FRANCISCO (Reuters) – Ducking analysts’ questions has a price: $2 billion.
BEIJING (Reuters) – Smartphone and connected device maker Xiaomi [IPO-XMGP.HK] filed for a Hong Kong initial public offering on Thursday, in what is expected to be the largest listing by a Chinese tech company in almost four years.
BEIJING (Reuters) – Smartphone and connected device maker Xiaomi [IPO-XMGP.HK] filed for a Hong Kong initial public offering on Thursday, in what is expected to be one of the largest listings by a Chinese tech company in almost four years.
SAN FRANCISCO (Reuters) – Ducking analysts’ questions has a price: $2 billion.
LONDON/BENGALURU (Reuters) – Spotify Technology SA missed the beat on Wednesday. The streaming music leader fell short of investor hopes that it could turn free music listeners into paying subscribers at a faster clip, and its shares dropped as much as 9 percent.
SYDNEY (Reuters) – Asian shares were subdued on Thursday ahead of anxiously-awaited Sino-U.S. trade talks, while the U.S. dollar consolidated recent bumper gains after the Federal Reserve reaffirmed the outlook for more rate hikes this year.
NEW YORK (Reuters) – Weapons manufacturer Remington Outdoor Company Inc won approval for its bankruptcy plan on Wednesday, paving the way for the company to slash debt, boost its cash position and better weather the uncertain climate for firearms in the United States.
SYDNEY (Reuters) – The largest shareholder in Australia’s AMP Ltd , U.S. investment house Harris Associates, supports the ouster of top executives after damaging revelations of misconduct at the wealth manager, Fairfax Media reported on Thursday.
LONDON (Reuters) – Britain’s biggest carmaker Jaguar Land Rover (JLR) is replacing its director for manufacturing as it prepares its plants for an electrified future, the firm said on Thursday.
(Reuters) – Cambridge Analytica, the firm embroiled in a controversy over its handling of Facebook Inc user data, and its British parent SCL Elections Ltd, are shutting down immediately after suffering a sharp drop in business, the company said on Wednesday.
NEW YORK (Reuters) – Remington Outdoor Company Inc won approval for its bankruptcy plan on Wednesday, paving the way for the arms maker to slash debt, boost its cash position and better weather the uncertain climate for firearms in the United States.
BENGALURU/MUMBAI (Reuters) – Amazon.com Inc has made a formal offer to buy 60 percent of Flipkart, CNBC-TV18 reported on Wednesday, potentially complicating Walmart Inc’s bid for majority ownership of the Indian online retailer.
(Reuters) – Cambridge Analytica, the firm embroiled in a controversy over its handling of Facebook Inc user data, and its British parent SCL Elections Ltd, are shutting down immediately after suffering a sharp drop in business, the company said on Wednesday.
LONDON/BENGALURU (Reuters) – Spotify Technology SA shares dropped 9 percent after the streaming music leader’s subscriber outlook and quarterly revenue fell just short of analyst estimates in its first report as a public company.
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