U.S. firms doing business in China mostly oppose tariffs, survey shows
Most U.S. businesses operating in China oppose the use of tariffs in retaliation for the challenges they face, from an uneven playing field to poor protection of intellectual property rights, a survey showed on Thursday.
Papa John’s Chairman John Schnatter resigns
Pizza chain Papa John’s International Inc said on Wednesday its founder and former chief executive, John Schnatter, resigned as chairman of the board.
JD.com’s finance affiliate raises $2 billion, more than doubles valuation
JD.com Inc’s finance affiliate said on Thursday it has signed binding agreements with investors to raise 13 billion yuan ($1.96 billion) in fresh equity at a valuation of nearly $20 billion.
NBA’s Silver sees win-win in bidding war for Fox
NBA Commissioner Adam Silver said he expected the league to benefit from a battle between Comcast Corp and Walt Disney Co. for Twenty-First Century Fox Inc , regardless of which suitor pulls ahead.
Chipmaker Broadcom inks $19 billion deal to buy software company CA
Broadcom Inc announced a $18.9 billion deal to buy U.S. business software company CA Inc on Wednesday, venturing far beyond its realm of semiconductors and testing investors’ confidence in its Chief Executive Hock Tan’s dealmaking credentials.
Stocks, commodities consolidate after latest trade war jolt
Stocks and commodities recovered slightly on Thursday as markets tried to consolidate from the previous session’s steep losses when fears of an escalation in the U.S.-China trade war jolted investor sentiment.
Walmart looks to exit Japan with Seiyu supermarket sale: NIkkei
U.S. retailer Walmart Inc has decided to sell Japanese supermarket chain Seiyu and has already approached major retailers and private equity funds, the Nikkei business daily reported on Thursday.
ZTE shares soar after clearing last hurdle to lifting of U.S. ban
Hong Kong shares of ZTE Corp surged nearly 24 percent on Thursday after China’s No. 2 telecommunications equipment maker cleared the last hurdle to lifting a U.S. ban on component supplies.
Brent oil gains $1 to claw back some losses
Brent crude rose more than $1 on Thursday, recouping some ground after its biggest one-day drop in two years in the previous session on news that Libya would resume oil exports and U.S.-China trade tensions.
Walmex’s new e-commerce VP eyes groceries to propel online business
Wal Mart de Mexico’s new e-commerce head plans to play to its strengths in grocery deliveries to help the country’s largest retailer stand apart from rivals, like Amazon.com Inc and his former employer MercadoLibre Inc, he said in an interview Wednesd…
