Oil ebbs as China’s slowest GDP growth in almost three decades stokes demand fears
Oil prices slid on Friday on jitters over demand from China after the world’s largest oil importer recorded its weakest quarter of economic growth in nearly three decades, dragged down by a trade dispute with the United States.
Holiday Inn-owner IHG bruised by weak bookings in China, Hong Kong
Holiday Inn-owner InterContinental Hotels Group blamed lower business bookings in China and protests in Hong Kong for a 0.8% fall in quarterly revenue per room on Friday, the latest company to be pinched by weaker global travel.
Asian shares slump after weak China GDP, pound retreats
Asian stocks stumbled on Friday, erasing earlier gains after China posted its weakest growth in nearly three decades, countering a global lift in sentiment on the UK and European Union striking a long-awaited Brexit deal.
AB Volvo truck orders tumble as markets hit brakes in third-quarter
Sweden’s AB Volvo on Friday reported a sharp fall in order intake of its trucks in the third quarter and forecast slumping market demand on both sides of the North Atlantic next year, taking the shine off forecast-beating earnings.
Factbox: Dutch pension pots stand out among global retirement funds
The world’s rich nations face a double-whammy, with ageing populations meaning more retirees — just as low and negative interest rates make it harder for pension funds to secure the investment returns needed to fill up their coffers.
Going Dutch? Low interest rates rattle ‘world’s best’ pension system
When Frans Kolkman hung up his police badge in 2017, he was looking forward to a comfortable retirement. Two years later he’s among millions of Dutch pensioners facing a cut and fearing there may be worse to come.
Apple’s Cook meets China regulator after pulling Hong Kong app
Apple Inc Chief Executive Tim Cook met the chief of China’s market regulator in Beijing on Thursday, the Chinese agency said, a week after the U.S. firm was thrust into political tensions between the mainland and protesters in Hong Kong.
China’s GDP growth grinds to near 30-year low as tariffs hit production
China’s third-quarter economic growth slowed more than expected and to its weakest pace in almost three decades as the bruising U.S. trade war hit factory production, boosting the case for Beijing to roll out fresh support.
Asian shares erase gains after weak China GDP, pound pulls back
Asian stocks stumbled on Friday after China posted its weakest growth in nearly three decades, countering a global lift in sentiment on the UK and European Union striking a long-awaited Brexit deal.
Oil dips as China posts slowest GDP growth in almost three decades
Oil prices fell on Friday after China, the world’s largest oil importer, recorded its weakest quarter of economic growth in nearly three decades, dragged down by a trade dispute with the United States.
