Bloomberg Acquisitive Chinese luxury apparel firm Shandong Ruyi Group is planning an initial public offering (IPO) for The Lycra Co., maker of the elastic material used in yoga pants and skinny jeans. Ruyi aims to list the business within three years, the group’s chief strategy officer, Kelvin Ho, said in an interview in Hong Kong. Lycra Co. owns some well-known ...

Bloomberg China’s consumers have cut back on purchases of everything from Apple Inc.’s iPhones to Swiss watches as the trade war with the US hits the economy. Landing just days after hundreds of local companies issued profit warnings and multinationals sounded the alarm about softening demand, the week-long Lunar New Year holiday will provide the next litmus test of the ...

Bloomberg After failing to stop Donald Trump from unleashing tariffs on national security grounds, the US business community is lining up behind efforts to limit his power to impose them. The US Chamber of Commerce, Business Roundtable, and two coalitions with dozens of trade associations are backing legislation to require congressional approval before a president imposes such national-security tariffs. Trump ...