Latest in China’s factories hit by falling export demand; Murdoch’s REA Group considers Rightmove takeover offer – business live
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Wars and activism drive demand for executive security
Allied Universal has recently launched an ‘enhanced’ service as political risks riseBusiness - Financial Times - November 5 -
China's factory activity expands for the first time since April, official survey shows
China's official purchasing managers' index for October came in at 50.1, according to National Bureau of Statistics data released Thursday.Business - CNBC - October 31 -
Vodacom Group Earnings Hit by Higher Costs
The mobile phone operator, majority-owned by Vodafone, reported a fall in net profit for the first half of the year as it booked a number of costs in its accounts.Business - The Wall Street Journal - Yesterday -
Businesses offer discounts to turn out voters on Election Day
Companies are capitalizing on a tight election by offering treats and promotions to voters and enthusiasts alike. Although businesses cannot reward citizens for voting, they can provide discounts ...Politics - The Hill - November 2 -
How business leaders and other groups are reacting to Trump's win
Some prominent business leaders praised Trump's victory, while some nonprofits called his win "a disaster".Top stories - CBS News - 6 days ago -
Rival creditor group offers Thames Water emergency loan at lower rate
The UK’s largest water and sewerage provider is struggling with a £19bn debt loadBusiness - Financial Times - October 31 -
LVMH stock falls on slumping luxury sales in China
LVMH Moët Hennessy Louis Vuitton said a slowdown in Chinese spending had hit its third quarter salesBusiness - MarketWatch - October 16 -
Ferrari reiterates guidance as China deliveries fall sharply
Ferrari on Tuesday reiterated guidance that it had increased earlier in the year as the sports-car maker said shipments fell sharply in China.Business - MarketWatch - November 5 -
AstraZeneca shares fall as China probe intensifies
Investigation of group’s China chief Leon Wang comes after several employees were found guilty of fraudWorld - Financial Times - November 5 -
Richemont Sales Fall as Luxury's China Woes Linger
The Cartier owner said weaker consumer spending in China hit sales as a luxury downturn that is hurting most of the players in the industry rumbles on.Business - The Wall Street Journal - 4 days ago -
Oil ends down on the day, up for the week on conflicting supply-demand prospects
Oil futures finished lower on Friday, with China’s latest round of stimulus measures failing to lift expectations for energy demand in the face of President-elect Donald Trump’s support for more ...Business - MarketWatch - 4 days ago -
ASML results could provide insight into AI, China demand
ASML Holding, the Dutch company that makes the chip-making machines used by the major players in the semiconductor industry, is on Wednesday due to report results that could provide some insight ...Business - MarketWatch - October 15 -
Procter & Gamble earnings beat estimates, but weak demand in China hurts sales
Procter & Gamble said volume fell in its Greater China market despite the earnings beat.Business - CNBC - October 18 -
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China's Top Oil Companies Turn in Mixed Results Amid Weak Demand
State-controlled producer PetroChina posted lower profit and revenue, rounding out mixed results for the country’s big three oil companies.Business - The Wall Street Journal - October 29 -
FirstFT: Partner pay at US law firms hits record levels
Also in today’s newsletter, US backs huge lithium mine and Canada cuts immigration programmeWorld - Financial Times - October 25 -
Wholesale inventories fall for first time in six months in sign of business caution
Wholesale inventories fell 0.2% in September to mark the first decline in six months, reflecting caution on the part of businesses until they get more clarity on the direction of the U.S. economy.Business - MarketWatch - 5 days ago -
Nuclear energy stocks hit record highs on surging demand from AI
Amazon and Google deals to deploy small modular reactors are latest step in sector’s revitalisationBusiness - Financial Times - October 20 -
Views of China hit new low: Survey
Americans have a deteriorating view of China and its relations with the U.S., according to a Thursday report published by the Chicago Council on Global Affairs. Participants ranked the country 26 ...Politics - The Hill - October 24 -
Mercedes-Benz and Porsche look for cost cuts after China slump hits profits
German carmakers exposed to Asian nation’s economic malaise after benefiting from its booming auto marketBusiness - Financial Times - October 25 -
China warning hits another medical equipment maker
Smith & Nephew shares slumped on Thursday as it became the second health equipment company in a week to warn that Chinese sales were getting hit hard.Business - MarketWatch - October 31 -
Americans Who Want to Do Business in China Need to Meet This Man
He Lifeng has a direct line to President Xi Jinping and is a gatekeeper to the world’s second-largest economy.World - The Wall Street Journal - October 25 -
US businesses strike China deals in shadow of Trump victory
Thousands of companies at Shanghai trade fair as relationships enter new era of uncertaintyWorld - Financial Times - 4 days ago -
China's Alibaba releases AI search tool for small businesses in Europe and the Americas
Chinese e-commerce giant Alibaba unveiled an artificial intelligence-powered search engine for small businesses in Europe and the Americas to source supplies.Business - CNBC - 6 hours ago -
Oil prices lose 2% after China offers little detail on stimulus plans
Oil futures ended lower Monday to give back all of last week’s gains and then some, after a weekend announcement by Chinese authorities failed to provide details on a stimulus plan sufficient to ...Business - MarketWatch - October 14 -
U.S. citizen arrested in Germany on suspicion of offering military intelligence to China
A U.S. citizen suspected of offering intelligence about the American military to China has been arrested in the German city of Frankfurt.Top stories - NBC News - 5 days ago