[ad_1] NEW YORK (Reuters) – Global stock indexes, the dollar and bond yields rose on Friday, with the S&P 500 nearing a record high as the United States said it was close to finalizing parts
U.S., China ‘close to finalising’ parts of Phase 1 trade pact – USTR
[ad_1] WASHINGTON (Reuters) – U.S. and Chinese trade officials are “close to finalising” some parts of an agreement after high-level telephone discussions on Friday, the U.S. Trade Representative’s office said, adding that deputy-level talks would
What slowdown? China’s riding to the rescue of luxury brands
[ad_1] BEIJING/LONDON (Reuters) – When Tiffany & Co said this month it was sending its priciest jewellery to mainland China to reach wealthy shoppers no longer jet-setting abroad, it reflected a trend helping global luxury
Vodafone Idea to seek waiver after court ruling on overdue payments
[ad_1] NEW DELHI (Reuters) – Loss-making Indian mobile carrier Vodafone Idea said on Friday it will ask the central government for relief on payments of at least $4 billion after a court ruling required it
Reliance to create $15 billion digital unit to pare telecom debt
[ad_1] FILE PHOTO: A bird flies past a Reliance Industries logo installed on its mart in Ahmedabad, India January 16, 2017. REUTERS/Amit Dave/File Photo NEW DELHI (Reuters) – India’s Reliance Industries Ltd on Friday said
Big U.S. retailers pull 22-ounce J&J baby powder off shelves after recall
[ad_1] (Reuters) – Four major U.S. retailers, including Walmart (WMT.N) and Target Corp (TGT.N), are removing all 22-ounce bottles of Johnson & Johnson’s (JNJ.N) baby powder from their stores, following the healthcare conglomerate’s recall last
Stocks mostly gain with earnings in focus; sterling slips
[ad_1] NEW YORK (Reuters) – Global stock indexes were flat to higher on Friday as upbeat earnings offset weaker-than-expected results, while the British pound extended losses from the previous day amid fresh uncertainty around Britain’s
LafargeHolcim optimistic about 2020 building industry
[ad_1] ZURICH (Reuters) – LafargeHolcim (LHN.S) expects the construction industry to remain buoyant next year despite the downturn dragging on other sectors of the global economy. FILE PHOTO: CEO Jan Jenisch of world’s biggest cement
Amazon sales forecast, slower AWS growth disappoint investors
[ad_1] (Reuters) – Shares of Amazon.com Inc fell nearly 6% in early trading on Friday, as investors were let down by a lower-than-expected sales outlook and surprised by slower revenue growth at its lucrative AWS
How SoftBank made WeWork an offer it had to accept
[ad_1] NEW YORK (Reuters) – Just a few months ago, WeWork’s co-founder Adam Neumann was being courted by Wall Street’s top investment bankers in anticipation of one of this year’s most high-profile initial public offerings.