Markets

LONDON: European stock markets eased lower on Thursday (Nov 28) as China-US trade talks were jolted by legislation in Washington backing Hong Kong protests that has angered Beijing. US President Donald Trump signed into law a bi-partisan bill that voiced support for the anti-government protests ...

Up to five companies active in the cannabis industry could go public in 2020 in Europe, a continent whose stock markets have largely missed out on the North-American "pot stocks" frenzy, a leading industry analyst said on Thursday.

Italian fashion house Roberto Cavalli was bought on Thursday by Hussain Sajwani, the chairman of Dubai's Damac Properties , the companies said, ending a long sale process.

Oil prices fell on Thursday, extending losses from the previous session after official data showed U.S. crude and gasoline stocks rose against expectations and production hit a record.

Axel Springer's price-comparison shopping service Idealo and 40 other European peers have accused Alphabet Inc's Google of tilting the playing field in its favor and urged EU antitrust regulators to enforce a ruling against the company.

The retail portion of Saudi Aramco's initial public offering (IPO) has been oversubscribed, with orders reaching 38.1 billion Saudi riyals (US$10.2 billion), lead manager Samba Capital said on Thursday.

Louis Dreyfus Company is making sweeping cost cuts, starting with travel, entertainment, hiring and salaries, as the 168-year-old agricultural commodities firm tries to revive dwindling profits.

Luxury brands are likely to retreat from Hong Kong as the city is wracked by protests at a time when wealthy Chinese shoppers are staying on the mainland, consultancy Bain said on Thursday, highlighting a shift that is reshaping the global industry.

Barclays is planning to cut the 396,000 pounds (US$508,068) pension allowance it pays Chief Executive Jes Staley by around half, echoing moves by rivals who have pledged to rein in executive pension perks following a campaign by investors.

SINGAPORE: British technology firm Dyson will be moving its headquarters to St James Power Station, according to reports and sources. This comes more than 10 months after the privately-owned firm first announced it was relocating its corporate head office to Singapore to "reflect the increasing ...