Tata Steel has announced it expects to cut 1,000 jobs across the UK as part of…
Category: News
Apple AirPods see ‘surge of demand’ and could face holiday shortage, Wedbush says
Apple’s AirPods headphones could see shortages this holiday season after a surge of consumer demand, Wedbush analyst…
Mexico’s economy has not been this weak relative to the US since the ‘Tequila crisis’ in the 1990s
The Mexican and the U.S. economies have historically grown or declined in tandem, but not this…
Facebook was mystery firm bidding against Google to buy Fitbit, sources say
Facebook is the mystery “Party A” revealed in an SEC filing that bid several times to acquire health wearables…
How LVMH’s whirlwind courtship sealed $16 billion Tiffany deal
LONDON/PARIS (Reuters) – Tiffany was codenamed “Tea” and LVMH was “Latte” in the whirlwind talks that…
Asia stocks trade higher; Alibaba makes blockbuster debut in Hong Kong
Stocks in Asia traded higher on Tuesday afternoon following record finishes overnight on Wall Street. Hong…
Hong Kong markets jump as pro-democracy candidates surge to ‘stunning’ election victory
Shares in Asia traded higher Monday afternoon, as investors watch market reaction to Hong Kong’s district…
LVMH reaches deal to acquire Tiffany for $16.3 billion
Bulgari owner LVMH has reached a deal to buy Tiffany & Co. at $135 a share in cash, or $16.3…
New warning on global economic slowdown
A leading international economic organization has warned that risks to the global outlook have increased. Read…
Microsoft granted license to export ‘mass-market’ software to Huawei
(Reuters) – Microsoft Corp (MSFT.O) said on Thursday it had been granted a license from the…
Some Huawei suppliers get U.S. approval to restart sales to blacklisted firm
(Reuters) – The Trump administration on Wednesday gave Huawei its second reprieve this week, allowing some…
Singapore upgrades third-quarter GDP, dodges recession
Singapore’s economy grew faster than initially estimated in the third quarter, official data showed on Thursday,…