September 21, 2018

French handbag maker Longchamp to invest in China to revive sales

Longchamp, one of France’s leading handbag makers, is increasing its presence in China and the United States to boost its sales, its CEO said, betting on […]
September 21, 2018

Comcast and Fox take $34 billion battle for Britain’s Sky to the wire

Comcast and Twenty-First Century Fox face a quick-fire auction for British broadcaster Sky on Saturday after neither side backed down in a drawn-out $34 billion battle. […]
September 21, 2018

White House expresses optimism on China trade; no date for more talks

The United States is assessing China’s response to the Trump administration’s latest round of tariffs and does not have a scheduled date to announce for another […]
September 21, 2018

British inquiry intensifies Danske Bank money laundering scandal

Danske Bank’s money laundering scandal spread on Friday to Britain where the National Crime Agency (NCA) said it is investigating the use of UK-registered companies. Powered […]
September 21, 2018

Receding trade fears propel stocks to six-month peak

The U.S. dollar rebounded and world shares hit a more than six-month high on Friday after China’s moves to boost domestic consumption bolstered a rally driven […]
September 21, 2018

Futures flat as oil gains offset chipmaker falls

Stock index futures handed back initial gains on Friday to point to a flat opening for U.S. markets, with the impact of a rise in oil […]
September 21, 2018

British links to Danske money laundering under investigation

Britain has opened an investigation into the use of UK-registered companies in suspected money laundering involving Denmark’s Danske Bank , the National Crime Agency (NCA) said […]
September 21, 2018

Asian stocks extend recovery, China rallies on stimulus hopes

Asian stocks extended gains on Friday thanks to Wall Street scoring all-time highs, as investors gravitated to the view that the latest exchange of tariffs between […]
September 21, 2018

Caterpillar leans on old playbook to cope with Trump tariffs

Six months into the U.S. tariffs on imported aluminum and steel, Caterpillar Inc is finding that one of the best ways it can protect profits is […]
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