Farfetch tops price range in IPO in boon to luxury market

Farfetch tops price range in IPO in boon to luxury market
September 24, 2018

PARIS/NEW YORK: Farfetch priced its shares above its targeted range on Friday in a New York flotation that values the online luxury retailer at over $5.8 billion and underscores how big a bet web sales have become for high-end brands."...

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Sudan to get largest share of $60bn Africa aid from China
September 25, 2018

Sudan has acquired the largest share of aid allocated to Africa at the China-Africa Cooperation summit, where $60 billion was pledged “to achieve development"...

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Sky shares soar on Comcast bid victory
September 25, 2018

London: Shares in British broadcaster Sky soared on Monday after US cable giant Comcast outgunned Rupert Murdoch’s 21st Century Fox in a dramatic auction"...

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Singapore imposes fines on Grab and Uber
September 25, 2018

SINGAPORE: Singapore slapped ride-hailing firms Grab and Uber with fines and finalised restrictions to open up the market to competitors after concluding"...

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China says US trying to bully it into submission as fresh tariffs...
September 25, 2018

BEIJING: The United States and China imposed fresh tariffs on each other’s goods on Monday as the world’s biggest economies showed no signs of"...

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German business morale falls less than expected
September 25, 2018

BERLIN: German business morale deteriorated less than expected in September, a survey showed on Monday, suggesting that company executives have become somewhat"...

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