A ‘New Era’ in President Xi Jinping’s China risks setting off alarm bells in the US and Europe. The ruling Communist Party committed to the more assertive policy during a twice-a-decade reshuffle that ended last week, contrasting with a relatively restrained approach over the past three decades. Xi said that China was ‘approaching the center of the world stage’ as ...

It took Equifax just 35 days to determine that four of its executives did nothing wrong when they sold stock, saving themselves hundreds of thousands of dollars, just days after the company learned that it might have had a security breach. That was four days faster than it took the credit-reporting agency to tell the public about the hack. The ...

Here’s what we learned on Thursday about Apple Inc.: People weren’t that interested in buying iPhones in the three months ended in September, and the company isn’t likely to sell many more phones this holiday season than it did in 2016. Here’s what we still don’t know about Apple: Anything definitive about the company’s most pressing business questions: Will people ...

Bloomberg Stocks fluctuated and bonds advanced, while the euro and dollar slipped as President Donald Trump tried to tackle trade on his Asia tour. US stocks opened slightly lower. The Stoxx Europe 600 Index swung between gains and losses, even as a European purchasing managers index indicated strong momentum at the start of the fourth quarter. Basic resources shares outperformed ...

Bloomberg Nigerian officials are increasingly confident the naira’s troubles are over for good. Some investors disagree. Portfolio inflows have risen in the past three months with crude prices increasing above $60 a barrel and money managers taking heart from a new foreign-exchange trading window, in which the naira has converged with the black-market rate. That prompted central bank Governor Godwin ...

Bloomberg Ralph Lauren Corp., the 50-year-old fashion brand known for its preppy style, is making good on its effort to rely less on markdowns—even if it means selling fewer clothes. The company posted earnings of $1.99 a share last quarter, topping analysts’ average projection by a dime. Ralph Lauren credited its pursuit of higher-quality sales channels and fewer discounts. Still, ...

Bloomberg JetSmarter’s Chief Executive Officer Sergey Petrossov said the members-only chartered-jet marketplace is considering fundraising options, including going public in 2019, as it rapidly ramps up flights around the world. “The company is big enough now” to go public, Petrossov said in an interview at the Fort Lauderdale International Boat Show. “But it will be very well-positioned in ’19”. Petrossov ...

Bloomberg Alphabet Inc.’s Google is pulling a software tool that let small companies access search information on airfares, a potential blow to online travel newcomers. Google’s tool was opened in 2011 after its $700 million acquisition of ITA Software Inc., an online airfare broker. In approving the deal, a federal judge required that Google keep an ITA flight search and ...

Bloomberg Kroger Co. wants to help out with your wardrobe. The largest US supermarket chain is launching an apparel line that it pledges will be “playful, simple and uplifting.” It will be sold in 300 stores, including Fred Meyer and Kroger Marketplace locations. Robert Clark, the company’s senior vice president of merchandising, said the brand “gives Kroger a chance to ...

Bloomberg The chiffon dress with the pasta print should have been the tipoff. In September, the iconoclastic Italian designer house Dolce & Gabbana sent a parade of food-oriented outfits down the runway at the Paris show for its Spring 2018 collection, including high-waisted, carrot-and-radish-printed pants, a ruffled dress emblazoned with cannoli, and a skirt printed with cans of tomatoes. Turns ...