Stocks stop short of new peaks as Sino-U.S. tensions weigh
Global shares ticked up on Friday, but hesitated to test an all-time peak as investors worried a new U.S. law backing Hong Kong protests could derail Washington’s and Beijing’s efforts to end their trade war.
Oil ends mixed, pressured by U.S. tensions with China over rights bill
Oil prices ended mixed on Thursday, with U.S. prices rebounding modestly from concerns that arose from U.S. President Donald Trump signing into law a bill backing protesters in Hong Kong, fuelling tensions with China.
State-controlled lender Banco do Brasil sees 2020 profit up 10%
Brazilian state-controlled lender Banco do Brasil SA sees its profits likely growing 10% in 2020 from this year, its Chief Financial Officer Carlos Hamilton Araujo said on Thursday in a meeting with analysts.
State-controlled lender Banco do Brasil sees 2020 profit up 10%: CFO
Brazilian state-controlled lender Banco do Brasil SA sees its profits likely to grow 10% in 2020 from this year, its Chief Financial Officer Carlos Hamilton Araujo said on Thursday in a meeting with analysts.
PSA readying sale of its stake in Chinese tie-up with Changan
Peugeot maker PSA Group is preparing to sell its 50% stake in a joint venture with Chinese partner Chongqing Changan Automotive , a spokesman for the French carmaker said on Thursday.
Hedge funds control 35-45% of Osram shares in headache for suitor AMS: source
Hedge funds control 35-45% of the shares of German lighting group Osram , posing a headache for Austrian suitor AMS as the investors may press for the $5 billion offer to be sweetened, a person close to the matter said on Thursday.
Royal Mail union loses appeal to overturn injunction halting strike
Britain’s Royal Mail on Thursday confirmed that its biggest union lost an appeal to overturn a High Court injunction to stop a strike ahead of a general election and the holiday season next month.
Permira, North Face owner among bidders for sneaker brand Golden Goose: sources
U.S. apparel and footwear conglomerate VF Corporation and buyout funds Permira and Advent are lining up indicative offers for Italian shoe brand Golden Goose ahead of a mid December deadline, sources familiar with the matter told Reuters.
Morgan Stanley dismisses traders linked to concealment of multimillion-dollar loss: Bloomberg
Morgan Stanley has fired or placed on leave at least four traders over alleged mismarking of securities that concealed losses of between $100 million and $140 million, Bloomberg reported on Thursday citing people familiar with the matter.
Royal Mail union loses appeal to overturn injunction to halt strike
Britain’s Royal Mail on Thursday confirmed that its biggest union lost an appeal to overturn a High Court injunction to stop a strike ahead of a general election and holiday season next month.
