Huawei says impact of U.S. trade restrictions less than feared
Chinese smartphone maker Huawei Technologies said on Friday its business has been less impacted by U.S. trade restrictions than the company had initially feared and...
Stocks, dollar climb before Powell’s Jackson Hole speech
World stock markets and the dollar rose on Friday as investors looked to a speech by Federal Reserve chair Jerome Powell for clarification on whether...
Thyssenkrupp, Kloeckner in talks over co-operation in materials trading: sources
Thyssenkrupp is in talks with Kloeckner & Co over future cooperation in materials trading, but is not exploring a near-term takeover of the metals firm,...
UBS taps BoE adviser van Steenis for sustainable finance, IR roles
UBS Group has hired Huw van Steenis, a former senior adviser to Bank of England Governor Mark Carney, to head investor relations and a new...
Shares in Peppa Pig owner rise past Hasbro offer
Peppa Pig-owner Entertainment One’s shares rose more than 30% to a record high on Friday, surpassing the price agreed by the company’s board with U.S....
UK competition watchdog reprimands RBS, Santander over PPI procedures
Britain’s competition watchdog has ordered Royal Bank of Scotland and Santander to appoint auditors to check how they remind customers affected by payment protection insurance...
Shares in Peppa Pig owner jump 30% after Hasbro’s $4 billion offer
Shares of Entertainment One rose nearly 30% on Friday, a day after U.S. toy maker Hasbro Inc offered to buy the owner of popular children’s...
Bang & Olufsen would listen if approached by buyer: chairman
Luxury TV and speaker maker Bang & Olufsen would listen if approached by a buyer, chairman Ole Andersen told newspaper Borsen, following three earnings warnings...
Protest fears stalk Hong Kong businesses as China threat looms
Walking a tightrope between anti-government protests and political masters in Beijing, many Hong Kong firms are opting to toe the Communist Party line to avoid...
Asian stocks cautious ahead of Powell’s speech; yuan at fresh 11-1/2 year low
Asian shares struggled to make headway on Friday as uncertainty over how much further the U.S. Federal Reserve would cut interest rates added to investors’...