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H&M’s recovery continues as fourth quarter sales jump 9%
Fashion retailer H&M said on Monday its sales rose 9% in the fourth quarter, putting it on course to increase annual profits for the first time in four years following heavy investment in online and other services to adapt to a changing market. Shares in the world’s second-biggest apparel group were up 2% at 1000…
Villains or visionaries? Hedge funds short companies they say ‘greenwash’
Tens of trillions of global investment dollars are pouring into companies touting robust environmental, social and governance credentials. Now short-sellers spy an opportunity. Press Release Distribution Service
Oil prices hold near three-month highs on U.S.-China trade deal
Oil prices on Monday held near three-month highs, supported by last week’s announcement that an initial trade deal had been reached between the United States and China. Press Release Distribution Service
Ousted Renault CEO Bollore raised concerns of governance problems at Nissan: report
Renault’s former chief executive Thierry Bollore, who was ousted in October, had sought to flag alleged conflicts of interest and governance problems at the company’s Japanese alliance partner Nissan before his departure, Le Monde reported on Monday. Press Release Distribution Service
Volvo Cars issues SEK 5 billion of preference shares to Swedish investors
Chinese-owned Volvo Cars said on Monday it had issued convertible preference shares worth 5 billion crowns ($519 million) to a group of Swedish institutional investors. Press Release Distribution Service
Cineworld tops North American box office with Cineplex deal
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. Press Release Distribution Service
Electrolux’s shares skid after it warns of extra U.S. costs and savings delays
Shares in Electrolux plunged 12% on Monday after the appliance maker warned of a bigger than expected hit to fourth-quarter earnings at its North American business, and slashed its savings forecast for 2020 from its investment program. Press Release Distribution Service
U.S. top trade negotiator praises deal, China remains cautious
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. Press Release Distribution Service
Factbox: How China tariffs on U.S. commodities, energy stand after ‘phase one’ trade deal
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. Press Release Distribution Service
Stocks rise as investors cheer preliminary U.S.-China trade deal
World stock markets rose on Monday, trading a notch below a record high hit last week on the back of a preliminary trade deal agreed between the United States and China. Press Release Distribution Service
Jetstar to cut capacity, weigh sale of three planes as pilot dispute drags
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). Press Release Distribution Service
Qantas to put more experienced crew on board world’s longest flights: sources
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. Press Release Distribution Service
China’s factory, retail sectors shine as trade tensions thaw
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. Press Release Distribution Service
China and U.S. should continue trade talks, remove tariffs: stats bureau
China and the United States should continue bilateral trade talks and work toward removing all existing tariffs, China’s National Bureau of Statistics spokesman Fu Linghui said on Monday. Press Release Distribution Service
Exclusive: China’s BAIC raising Daimler stake to unseat Geely as top shareholder – sources
Daimler’s main China joint venture partner BAIC Group has set in motion a plan to double its stake to around 10% and win a board seat in the German luxury car maker, as it aims to upstage rival Geely, two sources told Reuters. Press Release Distribution Service
Boeing board meets as company considers 737 MAX production changes
Boeing Co is considering whether to cut or halt production of its grounded 737 MAX after the Federal Aviation Administration said last week it would not approve the plane’s return to service before 2020, a person briefed on the matter said on Sunday. Press Release Distribution Service
IFF to merge with DuPont’s $26.2 billion nutrition unit
International Flavors & Fragrances Inc on Sunday said it will merge with DuPont Inc’s $26.2 billion nutrition & biosciences unit in a deal that will create a new consumer giant valued at more than $45 billion. Press Release Distribution Service
Mexico will never accept ‘disguised’ labor inspectors under USMCA: foreign minister
Mexico’s deputy foreign minister for North America, Jesus Seade, on Sunday attempted to rebut claims his country would be subject to labor enforcement inspectors from other countries as part of the new North American trade deal. Press Release Distribution Service
5 Security Trends to Watch in 2020
From people to products, the cybersecurity industry is advancing at a rapid pace. Press Release Distribution Service
Why Persistence Wins Out in Hollywood
Actor and musician Ryan Ochoa shares his thoughts on why persistence is an essential component for succeeding in the competitive entertainment industry. Press Release Distribution Service
SignatureCare’s 2020 Spring Semester Health and Medical Field College…
Apply before January 2, 2020, and you could win the $1,000 scholarship for health and medical students in the U.S. (PRWeb December 15, 2019) Read the full story at https://www.prweb.com/releases/signaturecares_2020_spring_semester_health_and_medical_field_college_scholarship_application_deadline_closing_soon/prweb16789086.htm Press Release Distribution Service
