Whether you've not bought a single item or are already well on your way to finishing it, many of us will be feeling the pinch of the Christmas shop. So it's perfect timing for Asda to announce that all of their toys will now be 20% off. It all kicks off today, both in store […]
BEIJING (Reuters) – China’s industrial output growth accelerated much more than expected to 6.2% in November from a year earlier, a five-month high, official data showed on Monday. Analysts polled by Reuters had forecast industrial output would rise 5.0% from a year earlier, quickening from 4.7% in October. Fixed asset investment grew 5.2% from January-November, […]
While you were rushing around buying gifts this past week, lawmakers were busy getting along for once (well, at least when it came to international trade). Here’s all you need to know about the latest news in business and tech as we head into the holidays. What’s Up? (Dec. 8-14) Weinstein’s Reckoning After more than […]
SHANGHAI (Reuters) – China has suspended the planned additional tariffs on some U.S. goods that were meant to be implemented on Dec. 15, the State Council’s customs tariff commission said on Sunday, after the two countries agreed a “phase one” trade deal on Friday. The statement was issued on the websites of government departments including […]
If you’re cramming in all of your last-minute holiday shopping, you’re not alone. Plenty of Americans scramble in the latter half of December to get gifts for all those on their lists and with most of us conducting our shopping online, the additional stress over whether or not items will arrive in time for Christmas […]
Stephen B. Burke, the chief executive of NBCUniversal, plans to step down next year, capping a decade as the leader of one of the largest media conglomerates in the country, a business that includes the Universal film studios, a set of cable outlets and the broadcast network NBC, which has been the home of the […]
(Reuters) – The S&P 500 and the Dow industrials were little changed on Friday after hitting record highs earlier in the session, as the United States and China announced an initial trade agreement, cooling tensions that have rattled markets. The S&P 500 technology sector .SPLRCT and the tech-heavy Nasdaq .IXIC were solidly in positive territory, […]
PARIS/MILAN (Reuters) – French shareholders in the planned merger of PSA and Fiat Chrysler are seeking reassurances that they will retain a numerical advantage on a combined board if CEO Carlos Tavares leaves, two sources close to PSA said. The two companies are finalising talks after announcing a plan for a $50 billion merger of […]
(Reuters) – Shares of OneConnect Financial Technology jumped 5% in their U.S. market debut on Friday, valuing the Chinese cloud tech firm at $3.79 billion. Shares opened at $10.51 compared with its IPO price of $10. OneConnect, which focuses on small and medium-sized businesses, raised around $312 million on Thursday, selling 31.2 million American depositary […]
WASHINGTON, (Reuters) – U.S. retail sales increased less than expected in November as Americans cut back on discretionary spending, which could see economists dialing back economic growth forecasts for the fourth quarter. The Commerce Department said on Friday retail sales rose 0.2% last month. Data for October was revised up to show retail sales increasing […]