Wall Street set for muted open on simmering U.S.-China tensions
U.S. stock indexes were set for a near-flat open on Friday as investors weighed hopes of more stimulus to revive an ailing economy against simmering Sino-U.S. trade tensions.
Wall Street set for muted open on simmering U.S.-China tensions
U.S. stock indexes were set for a near-flat open on Friday as investors weighed hopes of more stimulus to revive an ailing economy against simmering Sino-U.S. trade tensions.
NetEase and JD.com set dates for $5 billion Hong Kong listings
Chinese technology company NetEase plans to carry out a secondary listing on the Hong Kong Stock Exchange on June 11, which will be followed one week later by web retailer JD.com , four sources with direct knowledge of the matter said.
NetEase and JD.com set dates for $5 billion Hong Kong listings
Chinese technology company NetEase plans to carry out a secondary listing on the Hong Kong Stock Exchange on June 11, which will be followed one week later by web retailer JD.com , four sources with direct knowledge of the matter said.
Lufthansa bailout talks hit snag, drag on – Handelsblatt
Talks over a 9-billion euro German government bailout of Lufthansa have hit a snag and will continue over the weekend, a German newspaper reported on Friday.
Lufthansa bailout talks hit snag, drag on – Handelsblatt
Talks over a 9-billion euro German government bailout of Lufthansa have hit a snag and will continue over the weekend, a German newspaper reported on Friday.
EasyJet founder loses bid to oust management in strategy showdown
EasyJet founder Stelios Haji-Ioannou failed in his attempt to oust the airline’s top three bosses on Friday, giving it a brief respite in its battle for survival during the coronavirus pandemic.
Alibaba revenue, profit beat as online sales surge during lockdown
China’s Alibaba Group Holding Ltd on Friday reported fourth-quarter revenue and profit that topped market expectations, as the COVID-19 lockdowns drove more people to shop online for essentials.
Oil drops 5% on China-U.S. tensions, demand doubts
Oil fell 5% on Friday to around $34 a barrel as tensions rose between the United States and China, and doubts grew about the pace of demand recovery from the coronavirus crisis.
Deere sees sharp fall in annual profit as lockdowns sap demand
Deere & Co on Friday forecast a sharp fall in full-year profit as farmers and ranchers struggle to bring their goods to market because of coronavirus-led restrictions, crushing demand for equipment like harvestors and tractors.
