By Tatiana Bautzer, Aluisio Alves and Carolina Mandl SAO PAULO (Reuters) – Brazilian meatpacker JBS SA <JBSS3.SA> and state development bank BNDES are planning a simultaneous listing of JBS international operations in the United States and the sale of the bank’s stake in the company, five sources with knowledge of the matter said. Sources close […]
WASHINGTON (Reuters) – U.S. Senator John Thune said on Wednesday he believes the Trump administration is evaluating use of the Strategic Petroleum Reserve, and other measures, to help oil producers deal with the plunge in crude prices due to the coronavirus and a price war between Saudi Arabia and Russia. “There have been in the […]
SHANGHAI — The luxury goods market in mainland China will likely achieve 48 percent growth in 2020, reaching nearly 346 billion renminbi, or $52.8 billion, according to a joint report by Bain and Tmall released Wednesday, doubling China’s overall share of the global luxury market this year. On the e-commerce front, China’s annual luxury online […]
