January 17, 2020

Exclusive: Sinopec to review potential $16 billion U.S. gas deal with Cheniere – sources

China’s Sinopec, expected to be the next major Chinese buyer of U.S. liquefied natural gas (LNG), is planning to review terms of a potential $16 billion […]
January 17, 2020

Wall Street’s trillion-dollar club dwarfs Europe Inc

With Google parent Alphabet becoming the latest entrant to Wall Street’s trillion-dollar club, Europe’s blue-chip companies are dwarfed by comparison — the most valuable firm from […]
January 17, 2020

Wall St at record levels after strong U.S., China data

U.S. stock indexes nudged higher to fresh record levels on Friday after strong housing data and indications of resilience in the Chinese economy raised hopes of […]
January 17, 2020

After India’s Amazon snub, Modi’s party slams Bezos-owned Washington Post

Indian Prime Minister Narendra Modi’s ruling party on Friday slammed editorial policies of billionaire Jeff Bezos-owned Washington Post, even as his e-commerce firm Amazon announced plans […]
January 17, 2020

Renault reports 3.4% fall in 2019 global sales as China weighs

French automaker Renault on Friday reported a 3.4% fall in 2019 worldwide sales to 3.75 million vehicles despite growth in Europe. Powered by WPeMatico
January 17, 2020

Oil steady as sluggish China growth offsets trade deal optimism

Oil prices were steady on Friday as reports of sluggish economic growth in China, the world’s biggest crude importer, raised concerns about fuel demand which countered […]
January 17, 2020

Exclusive: Volkswagen to buy 20% of Chinese battery maker Guoxuan amid electric push – sources

Volkswagen AG is set to take a 20% stake in Chinese electric vehicle battery maker Guoxuan High-tech Co Ltd, two sources told Reuters, as the German […]
January 17, 2020

Exclusive: Temasek, Trustbridge target majority stake in WeWork China at $1 billion valuation – sources

Temasek Holdings and Trustbridge Partners have held talks with WeWork China over increasing their stake in the China branch of the troubled co-working startup to take […]
January 17, 2020

H&M to enter Panama in 2020

The world’s second-biggest fashion retailer H&M said on Friday it would expand to Central America, starting with a first store in Panama at the end of […]
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