Trump last week said he would impose a 10 per cent tariff on $300 billion worth of Chinese imports, starting on Sept. 1 and said he could raise duties further if China’s President Xi Jinping failed to move more quickly towards a trade deal. … [Read more...] about Oil prices fall as trade war concerns mount
Most lowest share price
Geely Automobile Holdings Ltd has launched an $836 million-$859 million placement of 600 million new shares, according to a term sheet seen by Reuters.The shares are priced in the HK$10.80-$11.20 range, after 4.44%-7.85% discount to the last closing price of HK$11.72. There is a 90-day lock-up on the company, the term sheet showed.Geely declined to comment.Geely Automobile, based in the eastern province of Zhejiang, is China's most globally high-profile automaker following investments by parent company Zhejiang Geely Holding Group Co Ltd's in European manufacturers Volvo Car and Daimler AG.Geely Automobile and Volvo - which Geely's parent bought from Ford Motor Co in 2010 - are planning to merge and list in Hong Kong and possibly Stockholm.Read also UK car output could fall to lowest level in decades after virus hit … [Read more...] about China’s Geely Automobile launches share placement of up to $859 million
The cheapest day for flights? Today! Passengers told to ignore their Friday the 13th superstition to get the best travel dealsAirlines across Europe have slashed their prices for Friday 13th UK flights are £52 less than any other day in June'friggatriskaidekaphobia' affects consumer behaviour, survey shows By Catherine Eade … [Read more...] about The cheapest day for flights? Today! Passengers told to ignore their Friday the 13th superstition to get the best travel deals
MUMBAI: The Indian automotive market is heading to its worst halfyearly decline in a couple of a decades and the steep decline in sales by industry leaders is pulling down the market. These market leaders have shouldered the burden of the slowdown, which they hope is bottoming out. The Indian passenger vehicle market is estimated to have declined over 25%, the commercial vehicle market 20% and two wheelers over 15%. This may pull down the entire automotive market for FY20 into the lower double digits. Maruti Suzuki, Hero MotoCorp and Tata Motors, the respective leaders of their segments, are the ones posting the steepest decline in top five vehicle makers in their respective category. Maruti Suzuki’s sales slid more than 25%, Hero MotoCorp’s contracted 15% and Tata Motors’ volumes slipped by a quarter. What has added to the pain is a prolonged nature of the current slowdown, which no one saw coming. “Commercial vehicle sales mirror the economic growth of the … [Read more...] about Leaders fall the most in auto Inc’s worst dip in 2 decades
She said the firm has the ability to move water around its grid network to fulfil demand, but she also asked household to help conserve supplies. The firm has asked its three million households to voluntarily cut their water usage, urging people to turn the taps off when brushing their teeth. … [Read more...] about Britain braces for hottest day of year with temperatures set to hit 82F – so will people REALLY wait until Monday to meet up for barbecues?