Sports Direct delays results, guidance could be affected
Sports Direct said on Monday it had delayed the publication of its preliminary results due to problems integrating House of Fraser and increased scrutiny of...
China’s Xiaomi continues chip strategy revamp with investment in semiconductor designer
China’s Xiaomi Corp has taken a stake of roughly 6% in compatriot chip designer VeriSilicon Holdings Co Ltd, as the smartphone maker revamps its years-long...
China second quarter GDP growth slows to 27-year low, more stimulus expected
China’s economic growth slowed to 6.2% in the second quarter, its weakest pace in at least 27 years, as demand at home and abroad faltered...
Asian shares pull ahead after encouraging Chinese data
Asian shares advanced on Monday as investors breathed a sigh of relief after encouraging Chinese data suggested the world’s second-biggest economy may be starting to...
Oil prices edge lower as China’s GDP growth slows
Oil prices slipped on Monday after China posted its slowest quarterly economic growth in at least 27 years, reinforcing concerns about demand in the world’s...
Exclusive: U.S. firms may get nod to restart Huawei sales in two-four weeks – official
The U.S. may approve licenses for companies to re-start new sales to Huawei in as little as two weeks, according to a senior U.S. official,...
Asian shares, dollar brace for China GDP
Asian shares started the week on a softer note on Monday after posting their first weekly decline since early June, while the dollar was on...
Amazon workers in Germany to strike over pay, Verdi union says
Workers at seven Amazon sites across Germany will go on strike over pay for at least two days this week starting on Sunday night going...
Gilead deepens Galapagos ties with $5.1 billion deal
Gilead Sciences Inc will invest $5.1 billion to raise its stake in Galapagos NV and partner with the Belgian-Dutch biotech firm to develop and commercialize...
Pharma firm Gilead to raise Galapagos stake in $5.1 billion deal
Gilead Sciences Inc will invest $5.1 billion to increase its stake in Galapagos NV and partner with the Belgian-Dutch biotech firm to develop and commercialize...