Bloomberg LVMH bucked concerns about the impact of protests in Hong Kong on sales of luxury goods to the key Chinese consumer market, throwing down a gauntlet to rivals with faster-than-expected revenue growth. Third-quarter sales of fashion and leather goods rose 19% as the Paris-based company that’s seen as a bellwether for the wider luxury sector flagged “remarkable” performances at …

Abu Dhabi / WAM The Abu Dhabi National Oil Company (Adnoc), is creating new opportunities for partnerships and investments as it pursues a balanced smart growth strategy and drives responsible production to reliably meet the world’s growing energy demand, according to Dr Sultan bin Ahmad Sultan Al Jaber, Minister of State and Adnoc Group CEO. Speaking in London at the …

Bloomberg Exxon Mobil Corp. is considering a sale of its oil-producing offshore assets in Malaysia as part of the US energy giant’s global divestiture program. The company is working with an adviser on the potential sale, which could raise about $2 billion to $3 billion, according to people familiar with the matter. The focus is on selling upstream assets operated …