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Ford set for China tie-up with Alibaba to test online, direct auto sales

Ford set for China tie-up with Alibaba to test online, direct auto sales

Ford Motor Co is expected to sign as early as today a deal with Alibaba Group Holding which may allow the US automaker to test selling cars to consumers in China ...

AMC approached by six investors for stake or theatres: CEO

AMC approached by six investors for stake or theatres: CEO

AMC Entertainment Holdings Inc, the largest US cinema chain, has been approached in the past three months by six companies interested in acquiring stakes or buying theatres, chief executive officer Adam Aron said.

Richmond Fed president pick renews debate on shrouded hiring process

Richmond Fed president pick renews debate on shrouded hiring process

The Federal Reserve Bank of Richmond’s decision to hire Thomas Barkin as its next president has renewed questions over the cloaked process of selecting officials who set the most widely watched policy interest rates in the world.

Hammerson makes $4.6bn mall bet amid UK retail gloom

Hammerson makes $4.6bn mall bet amid UK retail gloom

At a time of ever-growing Internet sales, the UK’s biggest publicly traded mall owners are combining forces.

In ruins of Greek economy, factories turn to exports to grow

In ruins of Greek economy, factories turn to exports to grow

Nikolaos Bakatselos, chief executive of Pyramis, one of Greece’s last surviving stainless steel sink makers, says he can hardly keep up with new orders.

Markets trade sideways as investors bank profits

Markets trade sideways as investors bank profits

Stock markets across the world trod water yesterday, consolidating this week’s losses as investors took profits and Europe wearily eyed Brexit developments.

Pound rides fresh confidence wave even as Brexit fog lingers

Pound rides fresh confidence wave even as Brexit fog lingers

Even as Brexit talks lurch from one hurdle to another, the pound is enjoying a rising wave of confidence among investors and analysts.

Bears trash talk the dollar as global growth beats Trump trades

Bears trash talk the dollar as global growth beats Trump trades

A hawkish Federal Reserve, an economy firing on all cylinders, the tentative revival of the “Trump Trade” – all that won’t be enough to boost the dollar next year, according to a chorus of Wall Street strategists.

Investors wean themselves off oil as electric future beckons

Investors wean themselves off oil as electric future beckons

European oil shares, having been for so long the dividend darlings of income funds, are losing their pulling power as investors take another look at the long term future of energy companies focused on fossil fuels.

China’s Sinopec looking to sell Nigeria business

China’s Sinopec looking to sell Nigeria business

China’s Sinopec Group has hired BNP Paribas to sell its oil business in Nigeria and Gabon, three people with knowledge of the matter said, ...

Hong Kong, Tokyo lead Asia markets’ fall

Hong Kong, Tokyo lead Asia markets’ fall

Technology and energy firms were the biggest losers as Hong Kong and Tokyo led an Asian market plunge yesterday, extending retreats across Europe and New York.

India’s central bank holds rates, eyes inflation and rebounding growth

India’s central bank holds rates, eyes inflation and rebounding growth

The Reserve Bank of India kept its policy rate steady yesterday, as widely expected, after inflation accelerated to a seven-month high and stronger economic growth reduced the need for monetary stimulus.

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