Oil prices fall 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.
SoftBank’s China strategy wobbles as key bets disappoint
For SoftBank Group Corp , financial technology firm OneConnect’s IPO should have been a vindication of an aggressive China investing strategy.
China’s November industrial output, retail sales beat expectations
China’s industrial output and retail sales growth accelerated more than expected in November, suggesting resilience in the economy as Beijing seeks to prop up domestic demand amid the trade war with the United States.
China and U.S. should continue trade talks, remove tariffs: stats bureau
China and the United States should continue bilateral trade talks and work toward removing all existing tariffs, China’s National Bureau of Statistics spokesman Fu Linghui said on Monday.
Asian shares up as ‘phase one’ trade deal boosts confidence
Asian shares moved higher on Monday as investors welcomed a trade agreement between Beijing and Washington over the weekend, but enthusiasm was capped by lingering scepticism about the deal and ongoing relations between China and the United States.
Oil prices fall but hold near three-month high on trade deal agreement
Oil prices fell but remained near three-month highs on Monday after the United States and China agreed to an initial trade deal, a move market participants said could stoke oil demand and boost trade flows.
Boeing board meets as company considers 737 MAX production changes
Boeing Co is considering whether to cut or halt production of its grounded 737 MAX after the Federal Aviation Administration said last week it would not approve the plane’s return to service before 2020, a person briefed on the matter said on Sunday.
Australia’s Jetstar to cut capacity in January as pilots dispute drags on
Budget airline Jetstar said on Monday it would cut domestic capacity by around 10% in January due to industrial action by pilots and was considering the sale of three Boeing Co 787-8 jets serving loss-making international routes.
Disney+ to debut late March in France in exclusive deal with Canal+
Walt Disney Co will launch its Disney+ streaming service on Vivendi SA’s pay-TV business Canal+ platform by the end of March next year, executives of the two groups said in a joint interview released in the daily Les Echos on Sunday.
IFF to merge with DuPont’s $26.2 billion nutrition unit
International Flavors & Fragrances Inc on Sunday said it will merge with DuPont Inc’s $26.2 billion nutrition & biosciences unit in a deal that will create a new consumer giant valued at more than $45 billion.
