HONG KONG: More than one in 10 retailers in Hong Kong could close down in the next six months as social unrest and sometimes violent protests deter tourists, threatening the survival of smaller operators, the city's main retailing group said on Monday (Dec 9). About 7,000 licensed retail ......
U.S. stock index futures edged lower on Monday as weak data from China brought back fears of a slowdown in the world's second-biggest economy, while investors awaited more news on trade ahead of a tariff deadline later in the week.
Finnish telecoms equipment maker Nokia has called a temporary halt to legal action against Daimler in the hope the German carmaker will be open to mediation in their dispute over technology licensing fees.
Prosus raised its unsolicited cash offer for British food delivery service Just Eat to US$6.5 billion on Monday, ratcheting up the pressure on rival bidder Takeaway in a bitter takeover battle.
The proceeds from Saudi Aramco's record initial public offering have risen to US$29.4 billion after the oil company exercised an option to sell 15per cent more stock, an executive at one of the banks leading the deal told Al Arabiya news channel on Monday.
South Korean battery maker SK Innovation on Monday said it would supply battery cells to a Chinese-made plug-in hybrid vehicle model that has been recommended for subsidies from Beijing.
U.S. stock index futures edged lower on Monday as weak data from China brought back fears of a slowdown in the world's second-biggest economy, while investors awaited more news on trade ahead of a tariff deadline later in the week.
Prosus raised its unsolicited cash offer for British food delivery service Just Eat to US$6.5 billion on Monday, ratcheting up the pressure on rival bidder Takeaway in a bitter takeover battle.
Russia's biggest automaker Avtovaz said on Monday it would buy out General Motors from their joint venture producing vehicles in Russia under the Chevrolet brand.
U.S. state attorneys general, led by New York and California, deliver opening arguments Monday in a bid to stop T-Mobile U.S. from buying Sprint Corp in a trial that highlights disagreements between federal antitrust enforcers, who are Republican, and Democrats in powerful states.
