Asian shares up as ‘phase one’ trade deal boosts confidence
Asian shares moved higher on Monday as investors welcomed a trade agreement between Beijing and Washington over the weekend, but enthusiasm was capped by lingering...
China’s November industrial output, retail sales beat expectations
China’s industrial output and retail sales growth accelerated more than expected in November, suggesting resilience in the economy as Beijing seeks to prop up domestic...
China November industrial output growth beats expectations
China’s industrial output growth accelerated much more than expected to 6.2% in November from a year earlier, a five-month high, official data showed on Monday....
Australia’s Jetstar to cut capacity in January as pilots dispute drags on
Budget airline Jetstar said on Monday it would cut domestic capacity by around 10% in January due to industrial action by pilots and was considering...
Jetstar to cut capacity by 10% in January as pilots take industrial action
Budget airline Jetstar said on Monday it would cut domestic capacity by around 10% in January due to industrial action by pilots and it was...
IFF to merge with DuPont’s $26.2 billion nutrition unit
International Flavors & Fragrances Inc on Sunday said it will merge with DuPont Inc’s $26.2 billion nutrition & biosciences unit, in a deal that will...
Electrolux to incur $70 million charge for U.S. overhaul
Swedish appliance maker Electrolux AB on Sunday said its North American business will incur costs of about $70 million in fourth quarter as part of...
China suspends planned tariffs scheduled for December 15 on some U.S. goods
China has suspended additional tariffs on some U.S. goods that were meant to be implemented on Dec. 15, the State Council’s customs tariff commission said...
Aramco shares up 1.6% in third consecutive day of gains
Saudi Aramco shares gained for a third consecutive day on Sunday, rising 1.63% to 37.4 Saudi riyal ($9.97), pushing the company’s value back toward the...
Villains or visionaries? Hedge funds short companies they say ‘greenwash’
Tens of trillions of global investment dollars are pouring into companies touting robust environmental, social and governance credentials. Now short-sellers spy an opportunity....