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Many expect the U.S. and China to roll back part of the tariffs soon. But Peter Navarro, a close advisor to President Trump, argued forcefully against that notion on Friday....
Bitcoin derivatives provider Bakkt just logged the largest single-day trading volume of its physically-settled monthly bitcoin futures. The volume hit ~$15.33 million on Friday, passing its previous high of ~$10.25 million on October 25.The post Bakkt's monthly bitcoin futures hit all-time-high of $15M appeared first on The Block....
Relatives of people killed and survivors from an attack this week on a bus convoy of mine workers in Burkina Faso were increasingly angry on Saturday at what they said was a lack of support from authorities and the mining company. Hundreds of relatives, friends and colleagues of the victims waited for hours to recover their bodies from a morgue in the capital Ouagadougou, as a procession of vehicles made its way to cemeteries across the city. Authorities said 38 people were killed in the attack, one of the deadliest in years in the West African country....
(Bloomberg) -- Chinese consumers may not be splurging as much on non-essential goods, which doesn’t bode well for luxury companies, according to Sanford C. Bernstein.“More muted” demand from affluent Chinese customers may lower the growth prospects of luxury companies in the absence of further political monetary policy intervention and lack of progress in U.S.-China trade talks, Luca Solca, analyst at Bernstein, wrote in a note summing up the broker’s takeaways from a 2-week trip to China. Leading and concurrent indicators are pointing to weakening discretionary spending there, which means the luxury-goods sector may be close to a “temporary plateau,” he said.Chinese millennials splashing out on pricey designer clothes and bags, jewelry and watches have been a crucial engine of growth for companies from LVMH and Kering to Moncler SpA and Richemont during the luxury boom of the past few years. Signals of a China spending slowdown are likely to weigh on...
Q3 2019 Vericel Corp Earnings Call...
Q3 2019 BWX Technologies Inc Earnings Call...
Lessons from key ally Germany in dealing with a labor shortage....
