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Markets

Exclusive: China’s SenseTime expects US$750 million 2019 revenue despite US ban: sources

Chinese artificial intelligence (AI) start-up SenseTime, which Washington put on a trade blacklist in October, expects its 2019 revenue to increase by more than 200per cent year-on-year to around US$750 million, two sources familiar with the matter said.

Markets

US nonfarm payrolls increase by the most in 10 months

U.S. job growth increased by the most in 10 months in November as former striking workers returned to General Motors' payrolls and the healthcare industry stepped up hiring, confirming that the economy remained on a moderate expansion path despite a prolonged manufacturing slump.

Markets

Aston Martin CEO says shareholders in it for the long-term, not soliciting participation

Aston Martin's two major shareholders are in it for the long term and the company is not actively soliciting participation, the firm's boss said on Friday after a media report said Lawrence Stroll, owner of Formula One team Racing Point, is preparing a bid for a major stake.

Markets

Aston Martin opens new factory to build key first SUV

Aston Martin opened a new factory in Wales on Friday which will build the British automaker's first sport utility vehicle, key to its hopes of a turnaround after a poor performance this year sent shares tumbling.

Markets

Saudi Aramco shares to start trading December 11: Tadawul exchange

Saudi Aramco shares will start trading on Dec. 11, the Saudi securities exchange Tadawul said on Twitter on Friday.

Markets

Fed voters a less-hawkish bunch in 2020, lowering bar for US rate cut

The bar for cutting U.S. interest rates may get a little lower next year when a new crop of central bankers rotate into voting spots on the Federal Reserve's policy-setting panel as part of its annual membership reshuffle.

Markets

Saudi, Russia win over oil producers to deeper cuts

Saudi Arabia and Russia won backing for deeper output cuts from OPEC and allied oil producers on Friday as they look to head off global oversupply in 2020 and sustain prices.

Markets

‘Moving right along’? Shares nudge up after Trump trade talk

World shares ticked up on Friday, buoyed by comments from U.S. President Donald Trump that talks aimed at dialing down the damaging trade war with China were "moving right along".

Markets

US cracks down on Russian ‘Evil Corp’ hackers after US$100 million spree

U.S. and British authorities on Thursday took aim at the Russia-based cybercriminal group known as Evil Corp, indicting two of its leaders and ordering asset freezes against 17 of its associates over a digital crime spree that has netted more than US$100 million from companies across the world.

Markets

Exclusive: China’s Dongfeng plans partial sale of PSA stake – sources

China's Dongfeng Motor will likely trim its stake in Peugeot owner PSA after hiring banks to study options, people close to the matter said, in a move that could ease the French carmaker's planned merger with Fiat Chrysler .

Markets

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