July 15, 2019

Oil prices edge higher on Chinese economic data

Oil prices rose slightly on Monday as Chinese industrial output and retail data topped expectations but gains were capped by overall figures showing the country’s slowest […]
July 15, 2019

Amazon workers in Germany strike over pay, Verdi union says

More than 2,000 workers at seven Amazon sites across Germany have gone on strike over pay for at least two days, labor union Verdi said on […]
July 15, 2019

Bitcoin drops more than 10% as scrutiny of cryptocurrencies grows

Bitcoin slumped more than 10% over the weekend to a two-week low as fears of a crackdown of cryptocurrencies grew on mounting scrutiny of Facebook’s planned […]
July 15, 2019

Hold the beers: Budweiser APAC IPO fail shows valuations face investor push-back

By Julie Zhu, Joshua Franklin, Abhinav Ramnarayan and Philip Blenkinsop Powered by WPeMatico
July 15, 2019

Sports Direct delays results as House of Fraser deal backfires

British retailer Sports Direct has delayed publishing its annual results, warning problems integrating its purchase of House of Fraser stores and increased scrutiny of its accounts […]
July 15, 2019

China second quarter GDP growth slows to 27-year low as trade war bites, more stimulus seen

China’s economic growth slowed to 6.2% in the second quarter, its weakest pace in at least 27 years, as demand at home and abroad faltered in […]
July 15, 2019

China’s Xiaomi continues chip strategy revamp with investment in semiconductor designer

China’s Xiaomi Corp has taken a stake of roughly 6% in compatriot chip designer VeriSilicon Holdings Co Ltd, as the smartphone maker revamps its years-long pursuit […]
July 15, 2019

China second quarter GDP growth slows to 27-year low, more stimulus expected

China’s economic growth slowed to 6.2% in the second quarter, its weakest pace in at least 27 years, as demand at home and abroad faltered in […]
July 15, 2019

China June industrial output up 6.3% year-on-year, beats forecasts, retail sales up 9.8%

China’s industrial output grew 6.3% in June from a year earlier, official data showed on Monday, picking up from May’s 17-year low and handily beating market […]
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