October 8, 2019

Wall Street tumbles as concerns over trade talks mount

U.S. stocks fell more than 1% on Tuesday as sentiment soured ahead of high-level trade talks after a report the Trump administration was moving ahead with […]
October 8, 2019

IKEA to open first store in Slovenia in 2020

IKEA will start building its first store in Slovenia in October with construction expected to be completed in about 12 months, the Swedish furniture retailer said […]
October 8, 2019

Netflix CEO says plans to open offices, pay tax in Italy

Netflix Inc plans to open offices and start paying tax in Italy, Reed Hastings, chief executive of the U.S. video streaming service said on Tuesday after […]
October 8, 2019

Netflix signs deal with Mediaset to co-finance Italian films

Netflix has struck a deal with Italy’s top commercial broadcaster Mediaset to produce films in the country, the two companies said on Tuesday, as they step […]
October 8, 2019

Oil falls on concerns over U.S.-China talks, weak economic data

Oil prices fell on Tuesday as Washington’s blacklisting of more Chinese companies dampened hopes for a trade deal between the two countries, though unrest in Iraq […]
October 8, 2019

Rent the Runway back up after operational glitch

U.S. clothing rental service Rent the Runway said on Tuesday its business was back online after an operational snag caused the company to cancel several customer […]
October 8, 2019

Weak U.S. producer prices support another Fed interest rate cut

U.S. producer prices unexpectedly fell in September, leading to the smallest annual increase in nearly three years, which could give the Federal Reserve room to cut […]
October 8, 2019

Hong Kong bourse pulls plug on $39 billion play for London Stock Exchange

Hong Kong’s bourse has scrapped its unsolicited $39 billion approach for London Stock Exchange Group after failing to convince LSE management and investors to back a […]
October 8, 2019

Blackstone, Kirkbi launch sale of insulation maker Armacell: sources

Buyout group Blackstone and Danish family investor Kirkbi are launching the sale of German insulation foam maker Armacell in a potential 1.3-1.5 billion euro ($1.43-$1.65 billion) […]
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