China’s Ctrip taps banks to follow Alibaba with HK listing: sources
U.S.-listed online travel giant Ctrip is talking to banks about a planned secondary listing in Hong Kong, putting the group at the head of a queue of Chinese companies expected to follow Alibaba in establishing an investor base closer to China.
Majority of Americans favor wealth tax on very rich: Reuters/Ipsos poll
The idea of imposing a wealth tax on the richest Americans has elicited sharply divergent views across a spectrum of politicians, with President Donald Trump branding it socialist and progressive Democratic presidential contenders Senators Elizabeth Wa…
Timeline – Mediaset vs Vivendi: a TV courtroom drama unfolds
Italy’s biggest commercial broadcaster Mediaset holds a shareholder meeting on Friday over governance changes needed to enable a pan-European expansion plan, which its second-largest investor Vivendi is fighting in court.
Jaguar Land Rover’s sales dip in 2019, but show signs of recovery
Carmaker Jaguar Land Rover (JLR) posted a 6% fall in full-year sales on Friday after a challenging year in which its performance was hit by the weakening Chinese autos market and falling demand for diesel vehicles in Europe.
Oil slips towards $65 as Middle East war concerns ease
Oil slipped towards $65 a barrel on Friday as the threat of war in the Middle East receded and investors focused on rising U.S. inventories and other signs of ample supply.
Stocks march higher as Middle East tensions ease
World stocks set new record highs on Friday and the prices of safe-haven assets such as gold pulled back as investors cheered an apparent de-escalation in U.S.-Iran tensions and looked instead to prospects of improved global growth.
‘Designed by clowns’: Boeing employees ridicule 737 MAX, regulators in internal messages
Boeing Co has released hundreds of internal messages that contained harshly critical comments about the development of the 737 MAX, including one that said the plane was “designed by clowns who in turn are supervised by monkeys”.
BMW says it sold 2.52 million BMW, Mini and Rolls-Royce vehicles in 2019
BMW said it sold 2.52 million BMW, Mini and Rolls-Royce vehicles in 2019, making it the best-selling premium car group, ahead of rival Daimler .
Japan failed to arrange fair trial for Ghosn: French lawyer
Former Nissan boss Carlos Ghosn’s lawyer on Friday told Japan’s government that the authorities had failed to arrange for a fair trial that respected universal rights.
Oil prices extend declines as Middle East war concerns ease
Oil prices dipped on Friday as the threat of war in the Middle East receded and investors switched their attention to rising U.S. crude oil and product inventories.