For China, Bullying Apple Suppliers Could Backfire Badly
China’s investigation into top Apple supplier Foxconn could dilute the incentives for manufacturers to diversify away from the country slowly, rather than […]
Why Trump’s Drastic Plan to Slash the Government Could Succeed
The Republican presidential front-runner wants to fire federal employees, assert control over independent agencies and wrest spending authority from Congress.
Biden to Use Emergency Powers to Mitigate AI Risks
The executive order seeks to manage artificial-intelligence threats from privacy to national security.
Shein Buys Missguided From Frasers
Shein agreed to buy online fashion label Missguided from Frasers for an undisclosed sum, with the transaction being for the intellectual property […]
Omnicom Buys E-Commerce Shop Flywheel Digital for $835 Million
Flywheel aims to help brands sell on digital marketplaces and is part of Ascential, owner of the Cannes Lions ad festival.
A Fall of 10-Year German Bund Yield Below 2.75% Would Open Door Toward 2.50%
A break of the 10-year German Bund yield below 2.75% would help the long end to further recover towards the 2.50% area, […]
IFF to Sell Cosmetics Ingredients Unit to Clariant for $810 Million
Swiss chemicals company Clariant will buy a cosmetic ingredients unit of International Flavors & Fragrances for $810 million.
U.K. Home Prices Fall Became More Widespread in October
The U.K. housing market saw widespread price falls in September, as higher mortgage rates and cost-of-living pressures squeezed buyer budgets across most […]
Evergrande Winding-Up Hearing Adjourned to Dec. 4
China Evergrande has been given another chance to restructure its billions of dollars in debt as a court adjourned a hearing to […]
BHP Iron Ore Train Drivers Threaten Strike Action
Train drivers at BHP Group’s Australian iron-ore operations have voted in favor of strike action in a dispute over pay and conditions.
HSBC’s Third-Quarter Net Profit More Than Doubled
The Asia-focused lender also intends to initiate a further share buyback of up to $3 billion after announcing three share buybacks in […]
Singapore’s Growth Likely to Be Closer to Potential Rate Next Year, MAS Says
Singapore’s gross-domestic-product growth is expected to be in the lower half of the 0.5%-1.5% forecast range this year, and closer to its […]