Dismal decade for emerging markets casts pall over repeated 'buy' notes
One of the hardiest investment fixtures has been the annual 'buy' note on emerging markets equities, but their dismal performance over the past decade begs the question why.
One of the hardiest investment fixtures has been the annual 'buy' note on emerging markets equities, but their dismal performance over the past decade begs the question why.
China will make good on a pledge to purchase more than $40 billion per year of U.S. agricultural products under the recently agreed Phase 1 trade deal between the two countries, China's top agriculture consultancy said on Friday.
Britain's new government named Andrew Bailey as the next Bank of England boss on Friday, entrusting one of the City of London's most experienced regulators with steering the world's fifth-biggest economy and its vast finance industry through Brexit.
World stocks touched record highs on Friday, as trading wound down before the year-end holidays, while the British pound was heading towards its worst week for more than two years amid renewed worries over how Britain will leave the European Union.
Deutsche Telekom was in advanced talks to retain China's Huawei as its main supplier of radio equipment for new mobile networks before it put the negotiations on hold for political reasons, according to three sources familiar with the matter.
Tesla Inc said on Friday it will offer its Chinese customers more video and gaming content next year, marking the first time the automaker will offer internet-connected games in its vehicles.
Royal Dutch Shell said on Friday it expects impairment charges of up to $2.3 billion in the fourth quarter and trimmed its forecast for quarterly oil production sales, as the Anglo-Dutch oil company faces slowing demand for oil and gas.
Royal Dutch Shell said on Friday it expects impairment charges of up to $2.3 billion in the fourth quarter and trimmed its forecast for quarterly oil product sales, as the Anglo-Dutch oil company faces slowing demand for oil and gas.
China's foreign ministry said on Friday that an investigation into two Canadians detained on state security charges since December last year had ended, and the case had been turned over to prosecutors.
Oil prices fell slightly on Friday but were still set for a third straight weekly gain after easing U.S.-China trade tensions lifted business confidence and the outlook for global economic growth.
French telecoms group Orange and its former CEO Didier Lombard were guilty of "moral harassment" that prompted a spate of suicides during a restructuring at the company in the late 2000s, a court ruled on Friday.
France's competition authority fined Google 150 million euros ($167 million) for anti-competitive behavior and for having unclear advertising on the Google Ads page.
Volkswagen AG took two raps in Australia on Friday as a court slapped a A$125 million ($86 million) fine on the German car maker as part of a global emissions cheating scandal and a regulator launched a civil lawsuit against a unit.
Britain's new government named Andrew Bailey as the next Bank of England boss on Friday, entrusting one of the City of London's most experienced regulators with steering the world's fifth-biggest economy and its vast finance industry through Brexit.
Just Eat backed a final offer from Takeaway.com and rejected a rival cash bid from Prosus on Friday, saying the combination with Takeaway would create one of the leading online food delivery companies in the world.