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Economy

China warns of ‘necessary actions’ if US escalates chip curbs

(Reuters) – China warned on Thursday it would take “necessary actions” to protect Chinese firms if the U.S. escalated chip control measures,…
Stock

European stocks rebound, Remy Cointreau struggles

Investing.com — European stock markets are set to open higher Thursday, showing signs of recovery after a lackluster session the day before….
Stock

Reliance’s US unit buys $12 million stake in helium explorer Wavetech Helium

(Reuters) – Reliance Industries (NS:RELI)’ U.S. unit has bought a 21% stake in U.S.-based helium production company Wavetech Helium for $12 million,…
Stock

Sofas become points of purchase as Americans shop with their phones on Thanksgiving

By Arriana McLymore NEW YORK (Reuters) – U.S. holiday shoppers have big plans to use small screens for a head start this…
Stock

UK budget shows government doesn’t understand business, says retail veteran

LONDON (Reuters) – Britain’s tax raising budget shows the government does not understand business and it will drive prices higher, restrict pay…
Stock

World markets head for reality check after month of Trump

By Naomi Rovnick, Dhara Ranasinghe and Nell Mackenzie LONDON (Reuters) – November was a month of clear winners and losers from Donald…
Investing

Spanish retailer Mango to open 60 new U.S. stores as it looks to elevate the brand

Spanish retailer Mango is embarking on a bold expansion plan in the U.S. as it looks to shed its fast-fashion image and…
Investing

Walmart pulls back on DEI efforts, removes some LGBTQ merchandise from website

Walmart on Monday confirmed that it’s ending some of its diversity initiatives, removing some LGBTQ-related merchandise from its website and winding down a…
Investing

U.S. charges former Wamco executive Kenneth Leech with fraud

Kenneth Leech, the former co-chief investment officer of Western Asset Management Co, was charged by U.S. authorities on Monday with running a…
Investing

Kohl’s CEO Tom Kingsbury to step down and be replaced by Michaels CEO Ashley Buchanan

Kohl’s is getting a new CEO, its third since 2018. The off-mall department store’s current CEO Tom Kingsbury is stepping down effective Jan….
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