Louis Vuitton to close Hong Kong shop as protests bite – report
Louis Vuitton, the world’s biggest luxury goods brand by sales, is preparing to shut one of its shops in Hong Kong where protests have hit demand as high rental costs … Read More
Month: January 2020
Brent jumps $3 after U.S. kills Iran’s Soleimani
Oil prices jumped more than $3 on Friday after a U.S. air strike in Baghdad ordered by President Donald Trump killed the head of Iran’s elite Quds Force, sparking concerns … Read More
Nifty, Sensex end lower as oil surges on Middle East tensions
Indian shares ended lower on Friday after a U.S. air strike in Iraq killed a top Iranian commander, dampening appetite for risky assets and pushing up oil prices on fears … Read More
Gold rallies to four-month high after U.S. air strike in Baghdad
Gold rose more than 1% on Friday and was within a striking distance of the six-year high reached in September, as investors flocked to the safe-haven metal after a senior … Read More
Ghosn used our jets illegally in escape from Japan, Turkish company says
A Turkish private jet operator said on Friday that ex-Nissan boss Carlos Ghosn used two of its planes illegally in his escape from Japan, with an employee falsifying lease records … Read More
China regulator denies report of halt to Shanghai-London Stock Connect listings
China’s securities regulator said on Friday that the Shanghai-London Stock Connect was operating normally, following a Reuters report that China had halted cross-border listings through the link. – Reuters: … Read More
Palm oil dips on Middle East tensions, supply shortage supports third weekly gain
Malaysian palm oil futures closed lower on Friday after a U.S. air strike in Baghdad stoked tensions in the Middle East, but recorded gains for a third straight week due … Read More
Mistry Cornered Power, Brought Ill-Repute, Says Ratan Tata In SC Plea
Cyrus Mistry was seen concentrating authority in his own hands, alienating the (Tata Sons) board of the company even on matters relating to Tata operating companies where the company had … Read More
2019 Gold Imports Lowest In 3 Years, Record Prices Dent Demand: Report
Lower buying by the world’s second biggest consumer of the precious metal could weigh on global prices that jumped 18 per cent in 2019, but help the government bring down … Read More
Suzlon may offer banks up to 68% haircut in debt recast deal
The company proposes to swap its Rs 11,300 crore of debt into Rs 3600 crore of new debt. – Stocks-Markets-Economic Times