December 16, 2019

H&M’s recovery continues as fourth quarter sales jump 9%

Fashion retailer H&M said on Monday its sales rose 9% in the fourth quarter, putting it on course to increase annual profits for the first time […]
December 16, 2019

Oil prices near three-month highs on U.S.-China trade deal

Oil prices on Monday held near three-month highs, supported by last week’s announcement that an initial trade deal had been reached between the United States and […]
December 16, 2019

Electrolux sees extra U.S. costs hitting fourth quarter earnings

Appliance maker Electrolux AB said on Sunday its North American business would take a higher than forecast $70 million earnings hit in the fourth quarter, partly […]
December 16, 2019

H&M’s fourth-quarter sales growth takes hit from later Black Friday

H&M reported a slightly smaller-than-expected rise in fourth-quarter sales reflecting a later Black Friday this year, the world’s second-biggest fashion retailer said on Monday. Powered by […]
December 16, 2019

Oil prices slip as investors seek clarity on U.S.-China trade deal

Oil prices on Monday slid off near three-month highs hit last week as investors searched for clarity beyond the initial impact of a trade deal between […]
December 16, 2019

Qantas to put more experienced crew on board world’s longest flights: sources

Qantas Airways Ltd plans to have more experienced pilots on board the world’s longest non-stop flights than on its current long-haul flights for the first 18 […]
December 16, 2019

China’s factory, retail sectors shine as trade tensions thaw

Growth in China’s industrial and retail sectors beat expectations in November, as government support propped up demand in the world’s second-largest economy and amid easing trade […]
December 16, 2019

China and U.S. should continue trade talks, remove tariffs: stats bureau

China and the United States should continue bilateral trade talks and work toward removing all existing tariffs, China’s National Bureau of Statistics spokesman Fu Linghui said […]
December 16, 2019

Asian shares up as investors cheer ‘phase one’ Sino-U.S. trade deal

A broad gauge of Asian share markets hit nearly eight-month highs on Monday after the United States and China agreed a preliminary trade deal, and amid […]
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