De Beers Namibian diamond venture seeks tax breaks to extend operations
Namdeb, a joint venture between the Namibian government and Anglo American’s diamond unit De Beers Group, said on Thursday it was in talks with the government about tax breaks to extend its land-based operations beyond 2023.
Stocks stumble as HK bill poses hurdle in U.S.-China trade deal
Global stocks slid further on Thursday as the standoff between the world’s two largest economies extended beyond trade, reducing the odds of a “phase-one” deal this year and forcing investors to seek shelter in safe-haven assets.
China says it will strive to reach ‘phase one’ trade deal with U.S.
China will strive to reach an initial trade agreement with the United States as both sides keep communication channels open, the Chinese commerce ministry said on Thursday, in an attempt to allay fears talks might be unraveling.
Alibaba, Aramco share sale bonanza fails to produce fee windfall for banks
A late-year rush of giant global share sales led by Alibaba’s $13 billion Hong Kong listing and Aramco’s $26 billion initial public offering is failing to deliver an equivalent payday for equities bankers.
China says will strive to reach phase one trade deal with U.S
China will strive to reach a “phase one” trade agreement with the United States as both sides keep communication channels open, the Chinese commerce ministry said on Thursday, in an attempt to allay fears talks might be unraveling.
BMW orders more than 10 billion euros’ worth of battery cells
German carmaker BMW on Thursday said it had ordered more than 10 billion euros’ ($11.07 billion) worth of battery cells from Chinese battery cell maker Contemporary Amperex Technology Co (CATL) and Samsung SDI .
SoftBank sounds out Japan’s top banks on $2.8 billion loan, sources say
SoftBank Group Corp is sounding out Japan’s top three banks to borrow around 300 billion yen ($2.8 billion) to help fund its support of U.S. startup WeWork, three people familiar with the matter said on Thursday.
Shares falter as China-U.S. row over Hong Kong wrecks trade deal hopes
Global stocks took a beating on Thursday as a fresh row between Washington and Beijing over U.S. legislation on Hong Kong threatened to undermine their trade talks and delay a “phase one” deal that investors had initially hoped to be signed by now.
Pressure grows on Westpac CEO after massive Australian money laundering scandal
Pressure mounted on the chief executive of Westpac Banking Corp on Thursday over the handling of Australia’s biggest money laundering scandal, with the prime minister saying the bank’s board should reflect deeply on Brian Hartzer’s position.
Alibaba, Aramco share sale bonanza fails to deliver banks fee windfall
A late-year rush of giant global share sales led by Alibaba’s $13 billion Hong Kong listing and Aramco’s $26 billion initial public offering is failing to deliver an equivalent payday for equities bankers.
