China plans to use cornerstone investors to help its overseas-listed tech giants such as Alibaba and Xiaomito sell shares at home, on worries the size of the deals could overwhelm mainland markets, three sources said.
The world’s largest retailer of diamond jewelry has signed onto De Beers’ pilot program for diamond blockchain Tracr, the first retailer to join a growing number of big diamond industry names trialling the platform.
Online retail sales in France rose 13% to 22.3 billion euros ($26.10 billion) in the first quarter, said the French E-Commerce Federation, highlighting growth in a sector that has seen Amazon and others make in-roads.
German consumer sentiment deteriorated further heading into June to reach the lowest level so far in 2018, suggesting that household spending in Europe’s biggest economy could slow in the coming months.
User generated content (UGC) analytics firm Vyrill has released the first study on beauty influencer activity for paid and organic consumer-created content. The survey quantifies content areas by major beauty categories.
Mining firm Petra Diamonds said on Thursday it would raise $178 million (£133 million) from investors to cut debt after it was hobbled by a strong South African rand, delays in production, strikes and confiscation.
Early last year, a little known American trade association filed a petition with the U.S. Trade Representative -- pitting the world’s largest economy against Rwanda over an unlikely U.S. export: cast-off clothes.
British retail sales jumped by the most in one-and-a-half years in April, official figures showed on Thursday as consumers returned to the shops after a snowy start to 2018 that weighed on the overall economy.
Japanese retailer Muji has been fined 200,000 yuan (£23,445) in Shanghai for using packaging that lists Taiwan as a country, underscoring China's growing sensitivity to how companies refer to the self-ruled island.