German consumers remain gloomy ahead of the traditionally big-spending Christmas season and a temporary reduction in sales tax worth up to 20 billion euros has failed to get them into shops or online - even when companies have passed it on.
Unilever's Dutch shares will trade in Amsterdam for the last time on Friday, before a unification of the group's dual-headed structure that aims to put the consumer goods maker on a better footing to cope with an uncertain future.
In October 2003, the first China-made BMW 325i sedan rolled off a new production line owned by the German luxury brand and its joint venture partner, Brilliance, a subsidiary of provincially owned automaker Huachen Group.
BEIJING: Profits at China's industrial firms grew in October for a sixth consecutive month and at their quickest pace since early 2017, pointing to a steady recovery in the manufacturing sector after it was hard hit by the COVID-19 pandemic. Profits at Chinese industrial firms surged 28.2 per cent...
Huawei founder Ren Zhengfei called on employees of its departing Honor subbrand to strive to surpass its parent in a farewell speech as the tech giant sells the budget brand to keep its sanction-hobbled supply chains alive.
China will impose temporary anti-dumping measures on wine imported from Australia from Nov. 28, the Ministry of Commerce said on Friday, in a move likely to further escalate trade and diplomatic tensions between Beijing and Canberra.
A police officer overseeing enforcement at the Vancouver airport testified in court on Thursday that he had concerns about a plan by Canadian federal police to arrest Huawei Chief Financial Officer Meng Wanzhou on the plane she arrived on two years ago.
Oil prices were mixed on Friday in quiet trade due to the U.S. Thanksgiving holiday, with West Texas Intermediate (WTI) dropping more than 1per cent amid concerns about oversupply and doubts about a vaccine to end the coronavirus pandemic.
Asian shares fell slightly on Friday, pulling back from a record high hit earlier this week, amid renewed doubts about a highly-anticipated coronavirus vaccine and concern about the economic impact from the pandemic.
Britain will impose a new competition regime next year to prevent Google and Facebook using their dominance to push out smaller firms and disadvantage consumers.
