China’s National Tourism Administration estimated that more than 750 million Chinese would be on the move between October 1 and 7, which is half of the nation’s population.
“We believe this is a financially compelling opportunity for COS shareholders”, Steve Williams, Suncor’s President and CEO, said in a statement. Scotiabank cut their price target on shares of Canadian Oil Sands from C$11.00 to C$10.00 in a report on Tuesday,...
Brent the global benchmark for crude was up 2 or 4 percent at 51.25 a barrel by 1458 GMT. The US crude oil production peaked at 9.6 MMbpd in April 2015-the highest level since the 1970s.
It looks like AB InBev, which makes beers like Budweiser and Corona, is going to have a fight on its hands – SAB says a similar bid was rejected on Monday because it was “very substantially undervaluing SABMiller”.
In late morning trade in Shanghai, life insurer Ping An Insurance Group surged 6.1 per cent, China Construction Bank climbed 2.1 per cent, Bank of China rose 1.9 per cent, Agricultural Bank of China gained 1.7 per cent, and Industrial and Commercial Bank added 1.6 per cent.
But just as the e-commerce site’s free trial is set to end, company officials have chose to ditch the fee model that was to be its prime revenue generator.
In addition, the company has signed a conditional “put and call” option agreement with Warrnambool’s remaining investors, including Hugh Heaton, John O’Neill and Mark Heaton, that would result in Sports Direct gaining 100% control of the company.
Vinals also identified China’s continued reliance on debt to maintain growth, which could make them vulnerable to further falls in commodity prices and declines in trade.
Ed Breen, who presided over two breakups as Tyco International’s CEO before being added to DuPont’s board in February during the battle with Peltz, will serve as interim boss amid the search for a permanent replacement.
When Barnes found out that his former teammate Derek Fisher was with Barnes’ ex-wife at the estranged couple’s former home no less, Barnes chose to take matters into his own hands, literally. The issue? Barnes’ estranged wife Gloria Govan, who is apparently...