admin Fast fashion giant Shein valued at up to $27 billion in Hong Kong IPO
HONG KONG, Aug 24 (Reuters) - Online fast-fashion retailer Shein's valuation has crumpled by about 70% from a private market…
Alibaba shares slide after $10.2 billion AI share sale offered at sharp discount
SHANGHAI, Aug 24 (Reuters) - China's Alibaba shares slumped in Monday Hong Kong trade after it launched a $10.2 billion…
Morning Bid: Mixing economic wars, trade wars and actual wars
Aug 24 (Reuters) - A look at the day ahead in European and global markets from Wayne Cole.
High oil prices, subsidies and affordable models rev up European EV sales
LETCHWORTH, England, Aug 24 (Reuters) - Electric vehicle sales accelerated across much of Europe in July, as high oil prices,…
Shein to pay up to $3.5 billion to select pre-IPO investors around Hong Kong listing
HONG KONG, Aug 24 (Reuters) - Online fast-fashion retailer Shein will pay up to $3.5 billion to selected existing investors…
Nissan’s Other Frontier Is Rough for All the Right Reasons
Nissan sells a totally different midsize truck for the rest of the world, and it's still every inch a proper…
Syria, Israel hold US-mediated talks to ease tensions, Syria news agency says
Aug 24 (Reuters) - Syria and Israel held high-level, U.S.-mediated talks in Jordan on Sunday aimed at easing tensions following…
Canadian-Built RAV4s and CR-Vs Just Lost a Shot at Lower U.S. Tariffs
A proposed 15% tariff on Canadian-made vehicles fell through when last-minute U.S.-Canada talks collapsed.
An $808 monthly payment is reshaping who can afford a new car
America's $50,000 car market is exposing a brutal affordability divide.
Trump caps summer of US 250th birthday at IndyCar race through Washington
WASHINGTON, Aug 23 (Reuters) - President Donald Trump capped celebrations of the U.S. 250th anniversary with a first-of-its-kind auto race…