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 World stocks slipped after China posted its weakest growth rate in nearly three decades on Friday, while the dollar was set for its worst week in almost four months having been pummeled by pound and euro Brexit rallies.
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French buyout house Alpha Private Equity has entered exclusive negotiations for a majority stake in Naxicap Partners-owned speakers and headphones business Vervent Audio Group.
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China's third-quarter economic growth slowed more than expected and to its weakest pace in almost three decades as the bruising U.S. trade war hit factory production, boosting the case for Beijing to roll out fresh support.
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Oil prices rose slightly on Friday as concern over an economic slowdown in China, the world's biggest oil consumer, was countered by bullish signals from both the Chinese and U.S. refining sectors.
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Swedish truckmaker AB Volvo reported a sharp decline in third-quarter orders and forecast a demand slump on both sides of the North Atlantic next year, taking the shine off forecast-beating earnings.
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Asian stocks edged higher on Friday, tracking the global lift in sentiment after the UK and the European Union struck a long-awaited Brexit deal, but concern about the Chinese economy is likely to cap gains with data expected to show weaker growth.
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China's economic growth sinks to a 26-year low Fox BusinessChina's economic growth plunges to lowest level since 1992 CNNChina says its economy grew 6% in the third quarter, slower than expected CNBCChina's Economic Growth Slows as Challenges Mount The New York TimesChina to post weakest GDP in at least 27-1/2 years - Reuters FXStreetView full coverage on Google News
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50,000 striking GM workers will now vote on tentative agreement CNNLordstown workers demand "No" vote on UAW-GM contract WSWSGM deal with UAW includes closing three US plants, $11,000 'ratification' bonuses CNBCEditorial: GM/UAW deal will work, unless energy policy shifts The Detroit NewsThe G.M. Strike Was the Best and the Worst of the Labor Movement The New York TimesView full coverage on Google News
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The chief executives of the three largest U.S. drug distributors and a drugmaker have been summoned to appear before a federal judge to discuss a proposal to resolve thousands of lawsuits alleging they fueled the U.S. opioid crisis, a person familiar with the matter said on Thursday.
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Oil prices fell on Friday after China, the world's largest oil importer, recorded its weakest quarter of economic growth in nearly three decades, dragged down by a trade dispute with the United States.
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Delivery delays to Boeing's 777X jetliner are holding back Emirates' growth and could partially affect the Gulf carrier's broader fleet requirements, airline President Tim Clark said on Thursday.
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Oil prices fell on Thursday after a larger-than-expected rise in U.S. crude stockpiles and a series of weak economic figures, although a drop in fuel inventories helped offset the decline.
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As customers demand an increasingly online experience, physical retail outlets have suffered - with an ever-growing number of high street shop closures in 2018. Investigating the downward spiral,
The post A bad year for retailers: High street shop closures in 2018 appeared first on Compelo - latest news, features and insight on influencers and innovators within business.
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