Adidas sees soccer boost after stumble on Kanye West shoes
German sportswear company Adidas expects a boost to sales from new soccer merchandise ahead of the 2020 European championships after quarterly growth was held back...
China regulator warns e-commerce platforms to stop monopolistic practices
China has warned top e-commerce platforms including Alibaba and JD.com to stop practices that could be deemed as monopolistic, as industry frictions grow ahead of...
BMW’s stronger SUV sales help new CEO deliver profit lift
BMW’s new chief executive delivered a 33% third-quarter operating profit rise as stronger sports utility vehicle sales and the absence of the one-off factors which...
DWS sees one-in-four chance ECB will hike rates next year
There is a one-in-four chance that European Central Bank chief Christine Lagarde will deliver an interest rate hike in her first year in office, German...
Bombardier says to deliver all Swiss Railways trains by mid-2021
Bombardier said on Wednesday it had alleviated technical problems that have held up deliveries of trains to Swiss Federal Railways (SBB) as the Canadian plane-and-train-maker...
Risk rally hits pause button as markets await trade signals
Global stock markets steadied after a three-day rally on Wednesday as traders continued to watch incoming economic data and awaited new developments from U.S.-China trade...
SoftBank’s Son humbled after Vision Fund’s $8.9 billion loss
SoftBank reported its first quarterly loss in 14 years on Wednesday, whiplashed by an $8.9 billion hit at its giant Vision Fund and marking a...
China urges re-elected Canadian government to free Huawei executive Meng Wanzhou
China’s foreign ministry on Wednesday urged the re-elected Canadian government to immediately release detained Huawei [HWT.UL] executive Meng Wanzhou....
Former Goldman Sachs executive to stand trial in Malaysia next year
Former Goldman Sachs banker Roger Ng will face trial in Malaysia in April for allegedly abetting the sale of $6.5 billion in bonds tied to...
How the SEC is making life easier for corporate America
Under the Trump administration, the Securities and Exchange Commission (SEC) has taken more than two dozen measures – including trimming rules – that make life...