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 […]
January 17, 2020

Asian shares firm as China data show signs of easing economic strains

Asian shares rose on Friday after data in China showed pressure on the world’s second biggest economy may be starting to diminish. Powered by WPeMatico
January 17, 2020

China posts weakest growth in 29 years as trade war bites, but ends 2019 on better note

China’s economic growth cooled to its weakest in nearly 30 years in 2019 amid a bruising trade war with the United States, and more stimulus is […]
January 17, 2020

China markets split on outcome of LPR lending benchmark in January

China’s financial markets are nearly evenly divided over whether the benchmark lending rate will be lowered or kept steady next Monday, a survey of participants showed, […]
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