Trade war threatens reign of luxury stocks
LONDON/PARIS (Reuters) – An escalating trade war between the United States and China could abruptly end a glittering stock market run for luxury goods firms, with some investors already put…
Brazil slams Venezuela as measles spreads across border
BRASILIA (Reuters) – Brazil complained on Thursday that Venezuela was doing nothing to stop the spread of an outbreak of measles in Brazil and other neighboring countries that has been…
Samsung unveils gaming-friendly Galaxy Note 9 to boost sales
SEOUL (Reuters) – Samsung Electronics Co Ltd (005930.KS) launched the Galaxy Note 9 “phablet” in New York on Thursday, promising better battery life and quick cooling to attract gamers and…
IKEA strives to keep prices low as opens first store in India
HYDERABAD (Reuters) – IKEA will set some prices even lower in India than elsewhere when it opens its first store in the country on Thursday, as it woos cost-conscious shoppers…
China Tower joins growing list of subdued Hong Kong IPO debuts
HONG KONG (Reuters) – China Tower Corp Ltd’s (0788.HK) shares closed flat on their debut in Hong Kong on Wednesday, with escalating Sino-U.S. trade tensions dragging on investor sentiment toward…
Baidu ready to beat Google if U.S. firm returns to China: CEO
BEIJING (Reuters) – Baidu Inc (BIDU.O) is prepared to win against Alphabet Inc’s (GOOGL.O) Google in China, its chief executive officer said on social media, amid rumblings the U.S. search…
Exclusive: Mattress Firm explores U.S. bankruptcy to close stores – sources
(Reuters) – Mattress Firm Inc, the largest U.S. mattress retailer, is considering a potential bankruptcy filing as it seeks ways to get out of costly store leases and shut some…
Global stocks lift on strong earnings as trade fight caps gains; sterling slumps
NEW YORK (Reuters) – Stock markets lifted on Monday after strong corporate earnings helped Wall Street close higher, but a tariff dispute between the United States and China limited gains…
Huawei in British spotlight over use of U.S. firm’s software
LONDON/SAN FRANCISCO (Reuters) – Huawei Technologies is facing increased scrutiny in Britain because it is using an aging software component sold by a firm based in the United States, one…
GM seeks to exclude China-made Buick SUV from tariff
(Reuters) – General Motors Co (GM.N) is seeking an exemption to a 25 percent U.S. tariff on its Chinese-made Buick Envision sport utility, the automaker said on Thursday, in a…