Global oil-producing group OPEC reportedly considered cutting production by an additional 500,000 barrels per day as…
Author: Robert Thomson
IKEA invests in U.S. logistics startup Optoro to better manage returns
STOCKHOLM (Reuters) – IKEA, the world’s biggest furniture group, said on Wednesday it had bought a…
These are the investment opportunities in Asia that top banks are bullish on in 2020
In 2020, stocks won’t see the returns investors enjoyed this year, according to Credit Suisse and…
Oil rises before OPEC+ meet, lifted by drop in U.S. crude stocks
TOKYO (Reuters) – Oil prices rose on Wednesday ahead of a meeting of OPEC and its…
AirAsia is now serving its airplane food in a restaurant in Kuala Lumpur
Airline food has long been the butt of travelers’ jokes, but Malaysia’s AirAsia Group is seeking to turn…
U.S. vows 100% tariffs on French Champagne, cheese, handbags over digital tax
WASHINGTON (Reuters) – The U.S. government on Monday said it may slap punitive duties of up…
Jack Dorsey’s planned move to Africa divides Square and Twitter investors
Jack Dorsey’s stated plan to move to Africa for up to six months is dividing Square and Twitter analysts. Read…
Connected car prices may rise if Qualcomm wins antitrust case: automakers
(Reuters) – The cost of cars equipped with ultra-fast 5G wireless technology is likely to go…
Asia stocks trade higher as Chinese manufacturing data exceeds expectations
Stocks in Asia traded higher Monday afternoon as data releases showed Chinese factory activity springing a…
Permira, North Face owner among bidders for sneaker brand Golden Goose: sources
LONDON/MILAN (Reuters) – U.S. apparel and footwear conglomerate VF Corporation and buyout funds Permira and Advent…
Hong Kong is the biggest geopolitical threat to markets, economist warns
Ongoing civil unrest in Hong Kong is the biggest geopolitical threat to global markets, an economist…
Tata Steel: 1,000 UK jobs to go amid worldwide cuts
Tata Steel has announced it expects to cut 1,000 jobs across the UK as part of…