Cineworld will buy Canada's Cineplex for $1.65 billion in cash, making the British firm the biggest cinema operator in North America as it looks to tackle increasing competition from online streaming services.
U.S. President Donald Trump's top trade negotiator praised a "phase one" U.S.-China trade deal which is expected to nearly double U.S. exports to China over the next two years, while China remained cautious ahead of the signing of the agreement.
Oil prices on Monday slid off near three-month highs hit last week as investors searched for clarity beyond the initial impact of a trade deal between the United States and China that's expected to boost flows between the top two global economies.
H&M reported a slightly smaller-than-expected rise in fourth-quarter sales reflecting a later Black Friday this year, the world's second-biggest fashion retailer said on Monday.
Appliance maker Electrolux AB said on Sunday its North American business would take a higher than forecast $70 million earnings hit in the fourth quarter, partly due to extra costs related to its move into a new facility in South Carolina.
Asian shares hit their highest in nearly eight months on Monday after the United States and China agreed on a preliminary trade deal, with Australian shares leading the way on expectations of more easing of monetary policy there.
Budget airline Jetstar is cutting domestic capacity by around 10% in January and weighing the sale of three Boeing 787-8 jets to counter industrial action by its pilots that the Australian carrier expects will cost it up to A$25 million ($17 million).
China and the United States have agreed terms of a "phase one" trade deal under which Washington reduced some tariffs and Beijing canceled retaliatory duties that were previously scheduled to take effect on Dec. 15.
Growth in China's industrial and retail sectors beat expectations in November, as government support propped up demand in the world's second-largest economy and amid easing trade hostilities with Washington.
Qantas Airways Ltd plans to have more experienced pilots on board the world's longest non-stop flights than on its current long-haul flights for the first 18 months as it evaluates fatigue, said sources with knowledge of the matter.
Morningstar | Stella Yifan Xie | Dec 8, 2019 By offering as little as a few bucks at a time to new borrowers, a microlending business of Chinese technology giant Ant Financial Services Group has quietly swelled into one of China's largest providers of personal credit lines. The microlender is called Huabei, which means "just
FrontFundr | Will Tang and Victoria Bennett | Dec 13, 2019 VANCOUVER, British Columbia, Dec. 13, 2019 (GLOBE NEWSWIRE) -- On November 27, 2019, FrontFundr obtained discretionary approval to use start-up crowdfunding rules already available in other provinces. Working with the Ontario Securities Commission (OSC), Canada's largest investment crowdfunding platform now offers its clients a
While you're gearing up for the holidays, fraudsters may be trying to take advantage of you.
Trade union Verdi called for workers at a key Amazon logistics centre in Germany to go on strike over the crucial final shopping days before Christmas, demanding better pay and conditions for workers there.
Asian shares ticked higher on Monday as investors cheered an announced trade agreement between Beijing and Washington over the weekend although jubilation was capped by prevailing scepticism about the deal.