FILE PHOTO: Containers are seen at the Yangshan Deep Water Port in Shanghai, China August 6, 2019. REUTERS/Aly Song BEIJING (Reuters) – China’s exports in November shrank for the fourth consecutive month, customs data showed on Sunday, confounding market expectations for a rise and underscoring persistent pressures on manufacturers from the Sino-U.S. trade dispute. The
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(Reuters) – Institutional Shareholder Services said on Friday it recommends shareholders vote against a plan by the chairman of Hudson’s Bay Co (HBC.TO) to take the Saks Fifth Avenue owner private after the bid was topped by an offer from Catalyst Capital Group Inc. FILE PHOTO: U.S. flags fly outside of Saks Fifth Avenue in
(Reuters) – Elon Musk’s daring has left its mark on electric cars and rockets, and now experts say the entrepreneur may have reshaped U.S. defamation law with his willingness to defend at a high-stakes trial a lawsuit over an off-the-cuff tweet. FILE PHOTO: SpaceX owner and Tesla CEO Elon Musk arrives on the red carpet
LONDON (Reuters) – World shares ticked up on Friday, buoyed by comments from U.S. President Donald Trump that talks aimed at dialling down the damaging trade war with China were “moving right along”. FILE PHOTO: The London Stock Exchange Group offices are seen in the City of London, Britain, December 29, 2017. REUTERS/Toby Melville Trump’s
NEW YORK (Reuters) – Wall Street eked out slight gains on Thursday as investors waited for concrete news on a hoped-for interim trade deal between the United States and China before a new round of tariffs scheduled to kick in on Dec. 15. Tech stocks led all three major U.S. stock averages marginally into the
At a time when advocating for women’s empowerment and gender equality was considered something not so cool and women involved in it were ceremonially lynched, Simonetta Lein has been actively involved in advocating for women’s empowerment, the girl-child and gender equality. Lein, a social media influencer, activist and columnist has used her power, influence and
SEOUL/WASHINGTON (Reuters) – South Korea’s LG Chem (051910.KS) said on Thursday it would invest $916 million in its U.S. subsidiary by 2023 to set up an electric vehicle battery joint venture with General Motors (GM.N). FILE PHOTO: The GM logo is seen at the General Motors Lansing Grand River Assembly Plant in Lansing, Michigan October
(Reuters) – Exercise bike and treadmill maker Peloton Interactive Inc’s (PTON.O) latest Christmas advertisement has been widely criticized on social media as being “sexist” and “dystopian”. An actor is pictured in this screengrab from “The Gift That Gives Back” exercise bike commercial by Peloton obtained December 4, 2019. Peloton via REUTERS The advertisement, called “The
FILE PHOTO: Google CEO Sundar Pichai speaks during signing ceremony committing Google to help expand information technology education at El Centro College in Dallas, Texas, U.S. October 3, 2019. REUTERS/Brandon Wade SAN FRANCISCO (Reuters) – Google Chief Executive Sundar Pichai will replace Larry Page as CEO of parent Alphabet Inc (GOOGL.O), the company said in
NEW YORK (Reuters) – U.S. stocks sold off for a third consecutive session on Tuesday after comments from President Donald Trump and Commerce Secretary Wilbur Ross threw cold water on hopes of a possible near-term respite from the market-bruising U.S.-China trade war. The blue-chip Dow had its worst day since Oct. 8, and all three
LONDON (Reuters) – European shares opened higher on Tuesday, attempting to claw their way back from three days of falls though the mood remained gloomy after U.S. President Donald Trump showed he was ready to open new trade war fronts despite signs of economic damage. FILE PHOTO: The German share price index DAX graph is
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SAO PAULO (Reuters) – Brazilian cosmetics maker Natura & Co (NATU3.SA) is pressing government officials, the private sector and local communities to bolster environmental protections in the Amazon after fires this year disrupted its supply chain, its chief executive told Reuters. Natura’s Chief Executive Officer, Joao Paulo Ferreira, attends an interview with Reuters at Natura’s
TOKYO (Reuters) – Oil prices rose more than 1% on Monday as signs of rising manufacturing activity in China pointed to increasing fuel demand, and hints that OPEC may deepen output cuts at its meeting this week indicated supply may tighten next year. FILE PHOTO: Oil pump jacks at sunset near Midland, Texas, U.S., August
FILE PHOTO: British entrepreneur Mike Lynch leaves the High Court in London, Britain March 25, 2019. REUTERS/Henry Nicholls LONDON (Reuters) – The United States has formally requested the extradition of Michael Lynch, the British tech billionaire who sold his company to Hewlett Packard (HPE.N) (HP) in an ill-fated $11.1 billion deal, to face charges including
A flagstore shop of electric carmaker Tesla is pictured in Berlin, Germany, November 13, 2019. REUTERS/Fabrizio Bensch FRANKFURT (Reuters) – Tesla’s (TSLA.O) announcement earlier this month that it will build its first European factory near Berlin will draw further companies from the electric mobility and energy storage sectors into Germany, a state premier told newspaper