Stocks rise as investors cheer preliminary U.S.-China trade deal
World stock markets rose on Monday, trading a notch below a record high hit last week on the back of a preliminary trade deal agreed between the United States and China.
Electrolux sees extra U.S. costs hitting fourth quarter earnings
Appliance maker Electrolux AB said on Sunday its North American business would take a higher than forecast $70 million earnings hit in the fourth quarter, partly due to extra costs related to its move into a new facility in South Carolina.
H&M’s fourth-quarter sales growth takes hit from later Black Friday
H&M reported a slightly smaller-than-expected rise in fourth-quarter sales reflecting a later Black Friday this year, the world’s second-biggest fashion retailer said on Monday.
Oil prices slip as investors seek clarity on U.S.-China trade deal
Oil prices on Monday slid off near three-month highs hit last week as investors searched for clarity beyond the initial impact of a trade deal between the United States and China that’s expected to boost flows between the top two global economies.
Factbox: How China tariffs on U.S. commodities, energy stand after ‘phase one’ trade deal
China and the United States have agreed terms of a “phase one” trade deal under which Washington reduced some tariffs and Beijing canceled retaliatory duties that were previously scheduled to take effect on Dec. 15.
Jetstar to cut capacity, weigh sale of three planes as pilot dispute drags
Budget airline Jetstar is cutting domestic capacity by around 10% in January and weighing the sale of three Boeing 787-8 jets to counter industrial action by its pilots that the Australian carrier expects will cost it up to A$25 million ($17 million).
Asian shares jump on ‘phase one’ Sino-U.S. trade deal
Asian shares hit their highest in nearly eight months on Monday after the United States and China agreed on a preliminary trade deal, with Australian shares leading the way on expectations of more easing of monetary policy there.
Qantas to put more experienced crew on board world’s longest flights: sources
Qantas Airways Ltd plans to have more experienced pilots on board the world’s longest non-stop flights than on its current long-haul flights for the first 18 months as it evaluates fatigue, said sources with knowledge of the matter.
China’s factory, retail sectors shine as trade tensions thaw
Growth in China’s industrial and retail sectors beat expectations in November, as government support propped up demand in the world’s second-largest economy and amid easing trade hostilities with Washington.
Asian shares up as investors cheer ‘phase one’ Sino-U.S. trade deal
A broad gauge of Asian share markets hit nearly eight-month highs on Monday after the United States and China agreed a preliminary trade deal, and amid policy-easing hopes in Australia, but profit-taking and caution over the deal’s details capped gains…
