Oil prices fall as U.S. grants Iran sanction waivers to major importers
Oil prices fell on Monday as the start to U.S. sanctions against Iran’s fuel exports was softened by waivers that will allow major buyers to still import Iranian crude, at least temporarily.
Asian shares fall on trade, Fed rate hike fears, pound hits 2-week top
Asian stocks were hammered on Monday as fears of faster rate hikes in the United States and uncertainty around the Sino-U.S. trade war dented risk sentiment, while sterling jumped to two-week highs on hopes of an orderly Brexit.
Sterling hits 2-week peak on smooth Brexit hopes; Asian shares wobble
Sterling jumped to a two-week high on Monday on hopes Britain was inching closer to a smooth Brexit while Asian stocks started the week gingerly amid worries about tense Sino-U.S. trade relations.
Oil prices fall as U.S. grants Iran sanction waivers to eight importers
Oil prices fell on Monday as the start to U.S. sanctions against Iran’s fuel exports was softened by waivers that will allow some countries to still import Iranian crude, at least temporarily.
Sterling hits two-week peak on smooth Brexit hopes; Asian shares wobble
Sterling jumped to a two-week high on Monday on hopes Britain was inching closer to a smooth Brexit while Asian stocks started the week gingerly amid worries about tense Sino-U.S. trade relations.
Oil falls as U.S. grants Iran sanction waivers to eight importers
Oil prices dipped on Monday as the start to U.S. sanctions against Iran’s fuel exports was softened by waivers that will allow some countries to still import Iranian crude, at least temporarily.
Vying for Vuitton: China’s e-commerce rivals seek luxury stranglehold
China’s online giants Alibaba and JD.com are taking their battle for relevance in the lucrative luxury goods market to a new level, as they aim to crack e-commerce tie-ups with top brands that usually shun selling through third parties.
How Hyundai Motor, once a rising star, lost its shine
At a near-empty Hyundai Motor showroom in the Chinese mega city of Chongqing, the store manager is grumbling about his shortage of customers and a lack of bigger, cheaper SUV models popular in the world’s largest auto market.
Sterling hits two-week peak on smooth Brexit hopes; Asian shares seen jittery
The British pound jumped to a two-week high on Monday on hopes Britain was inching closer to a smooth Brexit, while Asian stocks will likely have a nervous start amid worries about shaky Sino-U.S. trade relations.
Sears, chairman, lenders seek bankruptcy loan breakthrough: sources
Sears Holdings Corp is in discussions with Chairman Eddie Lampert and lenders on a deal to expand a bankruptcy financing package that would help it avoid liquidation, people familiar with the matter said.
