On Wednesday, the company reported another decline in profit. Customers, squeezed by stagnant wage growth and inflation, are being cautious in their spending, Marks & Spencer stated. Its shares fell as much as 3.6 percent, reversing early gains in London.
On Wednesday, Australian Trade Minister Simon Birmingham said Australia will launch a formal appeal to the WTO seeking a review of China's decision to impose tariffs on imports of Australian barley.
On the other hand,?Ballmer underestimated or misplayed?massive?product trends, like smartphones, and announced his intention to step down?as CEO without?a succession plan in place. New Microsoft leader?Satya Nadella won praise for his early approach but his inexperience as CEO?was evident in his recent comments about women and pay in the tech industry.
On the data front, the US trade deficit increased 1.7 percent to 55.5 billion US Dollars in October, hitting a 10-year high, as soybean exports continued to decline and imports of consumer goods increased largely.
On Wednesday the court included him in an investigation into alleged generators of fake news, which was reportedly in relation with Bolsonaro's supporters.
On the other side, the increase in exports generates a greater demand for goods alongside the improvement of the purchasing power of the workers, he added.
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On Thursday, the China Energy Conservation Association and China Coal Cap Project jointly initiated the 2019 Sixth Annual China Coal Consumption Cap and Energy Transition International Workshop in Beijing, and predicted China will have difficulties achieving the China Coal Cap Project's targets of 3.5 billion tons of coal consumption and 55 percent share in total primary energy consumption.
On the back of Chinese tourists' consumption, Asia took the lion's share of 54 percent of the total. The Americas ranked second, accounting for 24 percent, followed by Europe with 13 percent, the report showed.
On a year-on-year basis, new house prices in March in first-tier cities edged up 4.2 percent, while that for second-tier cities and third-tier cities rose 12.2 percent and 11.4 percent, respectively.
On the collaboration with the Asian Infrastructure Investment Bank (AIIB), the ADB president said the two major multilateral banks already co-financed five projects and benefited the region.