Oil major BP Plc
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Oil major BP Plc
British job growth was the strongest in nearly a year in the three months to November, according to data which could ease concerns at the Bank of England about the extent of a slowdown in the labor market.
Euro zone companies unexpectedly cut their credit applications for the first time in six years last quarter despite a further reduction in the European Central Bank’s main interest rate, an ECB survey showed on Tuesday.
The phase-two trade deal with China would not necessarily be a “big bang” that removes all existing tariffs, U.S. Treasury Secretary Steven Mnuchin told the Wall Street Journal in an interview.
KFC apologized for an advertisement in Australia that shows two young boys staring at a woman’s breasts, after calls from a local campaign group to boycott the fast-food giant over the ad it called “sexist”, the Australian Associated Press reported.
European planemaker Airbus
France could shut down its next two nuclear reactors in 2025-2026 if market conditions are right, earlier than expected as it presses ahead with plans to close 14 reactors by 2035, a government consultation document showed on Tuesday.
Hong Kong-based Baring Private Equity Asia closed its seventh private equity fund at $6.5 billion, its largest to date, the firm said Tuesday.
European shares were on pace for their sharpest decline in three weeks on Tuesday, as mounting concerns over a new coronavirus outbreak originating in China sparked a rush to safe-haven bets.
Japanese supermarket chain Aeon Co Ltd <8267.T>, Asia’s biggest retailer by sales, said it aims to start selling eco-certified sushi this year amid growing demand for sustainable seafood and in time for an expected surge in tourists during the Tokyo Olympics.
EU lawmakers gave initial backing on Tuesday for a free trade agreement struck with Vietnam, the bloc’s most comprehensive such pact with a developing country and a sign that Europe has a appetite for a more expansive trade policy.
The Bank of Japan is set to keep monetary policy steady and signal its cautious optimism over the global outlook on Tuesday, reinforcing market expectations that the rising cost of prolonged easing will keep the hurdle for further stimulus high.
Talks between France and the United States on taxing digital companies “remained difficult”, French Finance Minister Bruno Le Maire said on Tuesday, despite a pledge by the two countries to avoid a trade war until at least the end of this year.
Shares in Swedish e-sports and gaming firm MTG dived nearly 20% on Tuesday, after it said talks with live streaming platform Huya over a joint venture to break into the Chinese e-sports market had been terminated.
French energy workers protesting against President Emmanuel Macron’s pension reform cut power on Tuesday to the world’s largest wholesale fresh food market, Rungis near Paris, the hardleft CGT union’s energy branch said.
Asian shares got off to a cautious start on Tuesday lacking any lead from Wall Street and after the IMF shaved its outlook for world growth this year, though it did offer a brighter view on China.
Chinese travel booking platforms from Trip.com
The yen traded near an eight-month low versus the dollar on Tuesday, while the euro held steady as investors awaited meetings of the Bank of Japan and European Central Bank amid a slightly improving backdrop for global growth.
China’s state asset regulator has urged central government-owned companies to better manage risks in overseas derivative trading as it increases regulatory oversight to prevent future trading losses.
Mears Group Plc
Proposals to invest in ailing Malaysia Airlines include one from Air France-KLM
British broadband supplier TalkTalk
Oil prices rose on Tuesday after Libya declared force majeure on two major oilfields following a military blockade and protests escalated in Iraq, raising supply concerns.
Huawei Chief Financial Officer Meng Wanzhou will be in a Vancouver courtroom on Monday for the first day of her extradition trial, a process expected to take months – possibly years – to decide whether she can be extradited from Canada to the United States.
More than half of chief executives in an annual survey by PwC expect a slowdown in global economic growth this year, in marked contrast to the confidence that has lifted stock markets.
For Hong Kong leader Carrie Lam this week’s World Economic Forum in Davos is a chance to convince global business and political leaders that the Asian financial hub is back on track.
Trivago NV misled customers in advertisements that claimed its website showed the best hotel prices when in fact it displayed deals that generated the highest commissions for the German travel comparison site, an Australian court has ruled.
A fund backed by Japan’s most prominent activist investor said it will launch on Tuesday an up to $235 million takeover bid for Toshiba Machine Co Ltd <6104.T>, even though the former Toshiba Corp <6502.T> unit has threatened to implement defense measures.
“The weaponization possibilities of this are endless”
China’s troubled Baoshang Bank will be taken over by local governments and a group of state firms, a central bank official with direct knowledge of the matter said, as Beijing looks to shore up some of the country’s weakest lenders.
New legislation will improve protection for foreign investors in India by offering relief from possible policy changes but will uphold the state’s right to tax them, according to its draft and government documents seen by Reuters.
Foreign direct investment (FDI) in China in 2019 rose 5.8% from a year earlier to 941.5 billion yuan ($136.71 billion), the commerce ministry said on Tuesday.
Indonesia’s central bank will likely keep benchmark rates steady at its policy review on Thursday, letting a series of previous loosening steps take effect as it monitors the health of Southeast Asia’s largest economy, a Reuters poll showed.
The Bank of Japan kept monetary policy steady and nudged up its economic growth forecasts on Tuesday, as the government’s spending package and receding pessimism over the global outlook take some pressure off the central bank to top up stimulus.
China’s purchases of U.S. agricultural products will not impact its imports from other countries, a commerce ministry official said on Tuesday.
Papua New Guinea carrier Air Niugini has updated its contract with Boeing Co
Moody’s downgraded Hong Kong’s credit rating one notch to “Aa3” from “Aa2” on Monday, saying its view on the strength in the Chinese-ruled city’s institutions and governance is “lower than previously estimated.”
Argentina’s economy ministry said on Monday that it had exchanged Treasury bills with an original face value of 96.6 billion pesos ($1.61 billion) in a debt swap auction to help push back its repayment schedule amid a wider economic crisis.
French President Emmanuel Macron said on Tuesday he had a “great discussion” with U.S. President Donald Trump over a digital tax planned by Paris and said the two countries would work together to avoid a rise in tariffs.
Tesla Inc said on Monday there is no unintended acceleration in its vehicles, responding to a petition to the National Highway Traffic Safety Administration to recall 500,000 of the electric company’s cars over the alleged safety breach.
More than 80% of Australian business executives believe climate change will damage their companies, a survey published on Tuesday showed.
A top Mexican trade union said on Monday it has suspended its threat to launch a strike at Home Depot stores across Mexico over labor demands, adding it is in talks with the U.S. home improvement chain to improve pay and benefits for workers.
Oil prices rose to their highest in more than week on Monday after two large crude production bases in Libya began shutting down amid a military blockade, setting the stage for crude flows from the OPEC member to be cut to a trickle.
With China poised to increase purchases of U.S. agricultural goods this year as part of a Phase 1 China trade deal, the U.S. Agriculture Secretary said on Monday there is no need for a third year of trade-related aid for farmers.
Sundar Pichai, the CEO of Google-owner Alphabet, urged regulators on Monday to take a “proportionate approach” when drafting rules for artificial intelligence (AI), days before the European Commission is due to publish proposals on the issue.
The global unemployment rate has stabilized after declining for nine years since the crisis, the International Labour Organization (ILO) said on Monday, and it could edge up next year as the world economy slows.
Airlines with the best environmental scores should pay less for leasing aircraft than more polluting competitors, the head of one of the world’s top leasing companies said on Monday.