‘Tis the season: Quotes from shoppers as America’s biggest shopping day kicks off
Shoppers headed out to stores across the United States in a quest to score the best Black Friday discounts, with early promotions marking the start of a condensed holiday shopping season.
Wall Street set to slip after U.S. law on Hong Kong rekindles trade fears
U.S. stocks were set to open lower for the first time this week on Friday, as trade tensions resurfaced after China rebuked President Donald Trump’s decision to ratify a bill backing protesters in Hong Kong.
Saudi Aramco IPO gets $44.3 billion in bids so far: lead manager
Saudi Aramco has received bids for its shares totaling $44.3 billion so far, lead manager Samba Capital said on Friday, putting its initial public offering on track to be over-subscribed.
Daimler to ax at least 10,000 jobs in latest car industry cuts
Daimler said on Friday it will cut at least 10,000 jobs worldwide over the next three years, following others in the industry as they cut costs to invest in electric vehicles while grappling with weakening sales.
Global funds raise stock allocations at the expense of cash: Reuters poll
Global funds recommended switching cash back into equities in November as stocks worldwide rose to near record highs despite a lack of clarity over how, when, or if a truce will be called on the damaging U.S.-China trade war, a Reuters poll showed.
Daimler could face further recalls in Germany due to diesel cheating: magazine
German luxury carmaker Daimler could face further recalls related to manipulated diesel engines in some of its compact car models, weekly magazine Der Spiegel said on Friday, without citing sources.
Stock futures slip as trade tensions return after U.S. legislation on Hong Kong
U.S. stock index futures fell on Friday as trade tensions resurfaced after China rebuked President Donald Trump’s decision to ratify a bill backing protesters in Hong Kong.
Global stocks dip on trade worries as record high stays elusive
World shares slipped on Friday as a leading index strained for a record high, with investor nerves from Asia to Europe gnawing away over how or when the United States and China can agree a truce in their damaging trade war.
Saudi Aramco IPO’s retail tranche attracts $12.6 billion: lead manager
Saudi Aramco sold 1,481,613,280 shares worth 47.4 billion Saudi riyals ($12.64 billion) to retail investors, while institutional orders amounted to 118.86 billion riyals in the first 12 days of the book-building period, lead manager Samba Capital said….
Block Friday: French activists try to disrupt discount shopping day
Activists staged protests against online retailer Amazon around France on Friday and tried to blockade a shopping mall in Paris, denouncing as rampant consumerism the U.S. Black Friday shopping frenzy that has spread to European shores.
