Exclusive: Walmart Arm Did Not Deliberately Remove Xinjiang Goods, China Exec Tells Analysts
BEIJING (Reuters) – Walmart Inc arm Sam’s Club, responding to the furore in China over what local media said was…
Futures Subdued As Tech Stocks Extend Fall; Fed Minutes Awaited
By Devik Jain (Reuters) – U.S. stock index futures were subdued on Wednesday ahead of minutes from the Federal Reserve’s…
Britain’s Tesco Outperforms Rivals Over Christmas
By James Davey LONDON (Reuters) -Tesco, Britain’s biggest supermarket group, outperformed its major rivals over Christmas, achieving its highest grocery…
Carlyle Buys $510 Million Stake In Logistics Arm From Hyundai Motor Group Owner Family Members
By Heekyong Yang and Joyce Lee SEOUL (Reuters) -Private equity giant Carlyle Group bought a 10% stake in logistics company…
Samsung Likely To Report Best Q4 Profit On Solid Chip Demand
By Joyce Lee SEOUL (Reuters) – Samsung Electronics Co Ltd is likely to post a record fourth-quarter profit thanks to…
HSBC China Brokerage Joint Venture Partner Selling 39% Stake
HONG KONG (Reuters) – HSBC Holdings PLC’s China securities brokerage joint venture partner is selling most of its equity ownership,…
Stock Market Optimism Falters; Higher U.S. Yields Hit Tech Stocks
LONDON (Reuters) – The optimism with which markets started the year showed signs of waning on Wednesday, with European stock…
StanChart Splits Hong Kong Workforce On Concerns About New COVID-19 Outbreak
HONG KONG (Reuters) – Standard Chartered Plc has started operating in split teams in Hong Kong, a bank spokesperson said…
Volvo Cars Reports 18% Sales Drop In December
STOCKHOLM (Reuters) – Volvo Car Group’s monthly sales fell 18.1% in December from a year ago, the Sweden-based automaker said…
Marketmind: Party Over Before It Gets Started
A look at the day ahead from Dhara Ranasinghe. The euphoria seen in world stock markets in the first two…