Technical foul: Chinese traders in online sneaker market punish NBA after HK controversy
On Oct. 4, a Chinese trader noticed a sharp drop in the price of crypto tokens backed by Nike’s Air Jordan sneakers on a U.S.-based exchange after the general manager of the NBA’s Houston Rockets tweeted support for the protests in Hong Kong.
Turkey’s Halkbank shares fall 7% following U.S. charges
Shares of Turkey’s state-owned Halkbank fell more than 7% at the opening of trade on Wednesday after U.S. prosecutors charged the bank with taking part in a scheme to evade U.S. sanctions on Iran.
Huawei’s revenue rises 24.4% in first three quarters of 2019
Huawei Technologies Co Ltd, the Chinese technology giant blacklisted by the U.S. government, said revenue grew 24.4% in the first three quarters of 2019 to 610.8 billion yuan ($86 billion).
Production date for Boeing’s long-haul 777-8 up in air as Qantas weighs options
The date of entry into service of Boeing Co’s ultra-long-range 777-8 wide-body airliner will depend partly on customer demand, an executive said, with the planemaker hoping to win an order from Qantas Airways Ltd to supply the plane for Sydney-London f…
Shares lose steam, sterling off five-month peak with Brexit talks set to resume
Shares markets lost some steam in Asian trading on Wednesday while sterling came off five-month highs as investors remained uncertain whether crunch talks in Brussels would lead to a deal to avoid a disorderly British exit from the European Union.
Fate of second Woodford fund to be decided on Wednesday: administrator
The administrator of the LF Woodford Income Focus Fund said it would make a decision on its future on Wednesday, a day after embattled investor Neil Woodford resigned as its manager and called time on his 30-year career in funds.
Boeing 777-8’s entry into service date depends partly on customer demand: executive
The date of entry into service of Boeing Co’s ultra-long-range 777-8 wide-body airliner will depend partly on customer demand, an executive said, with the planemaker hoping to win an order from Qantas Airways Ltd to supply the plane for Sydney-London f…
As the beer flows, so does the economy, as consumers keep growth aloft
If the global economy hits the skids, the warning may come from the hop-covered taproom of the Denver Beer Co, where yearly sales are up 17% and founder Charlie Berger says the new “Juicy Freak” India Pale Ale is a bestseller despite its $1-per-pint hi…
Boeing committed to 777-8 model but yet to decide on timing: executive
Boeing Co is committed to producing the ultra-long range 777-8 widebody model, but the timetable for it entering service is still under consideration, an executive at the U.S. planemaker said on Wednesday.
Oil prices edge higher as OPEC hints at deeper output cuts
Oil prices rose on Wednesday, tracking gains in equities, as investors pinned hopes on a potential Brexit deal between Britain and the European Union and on signals from OPEC and its allies that further supply curbs could be possible.
