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Bloomberg The 17th Saturday of protests by France’s Yellow Vests passed without major incidents as the movement’s momentum appeared to wane. There were 28,600 protesters throughout France, according to the Interior Ministry, down from 39,300 a week ago and the lowest turnout since the movement began. There were 3,000 protesters in Paris, compared with 4,000. That’s way down from the ...

The latest pitched battle between Corporate America and its critics involves stock buybacks: Large companies’ purchases of their own shares on the stock market. The aim is to raise share prices and satisfy investors. But the practice has triggered outrage from critics, who argue that the buybacks discourage productive investment, higher wages and worker retraining. Big business is accused of ...

India’s Tata Group should treat the speed bump at Jaguar Land Rover (JLR) as a timely memo: The $102 billion salt-to-software conglomerate can no longer put off listing its closely held parent. UK-based Jaguar Land Rover Automotive Plc is burning cash on electric-vehicle technology just as the double whammy of a Chinese auto slowdown and Brexit threatens margins and sales. ...

Soon after Donald Trump got elected, a host of Asian business leaders responded by flying to the US to shake his hand and pledge to create more jobs for Americans. Since then, the US president has continued to flay China for the massive trade imbalance between the two nations. It’s been the spur for raising tariffs and dragging Beijing to ...

Michael Cohen’s appearance last week before the House Committee on Oversight and Reform was surely a spectacle. The former personal lawyer to President Donald Trump, who had spent a decade lunging at anyone who threatened Trump’s image or interests, marshaled his own attack on the president’s character and behaviour. Cohen also documented his testimony with financial statements and canceled checks. ...

The trading relationship between Italy and China goes back a long time. In the 13th century, Marco Polo, a Venetian merchant and explorer, was the first European to leave a detailed chronicle of his experience in the Far East. For centuries, precious fabrics traveled on the Silk Road from China to the Italian cities of Venice and Lucca, where they ...

I’ve been quite harsh towards Apple Inc. for a long time. Having covered the company for close to 15 years, first as a reporter and now a columnist, I’ve spent much time researching and writing about its supply chain and the myriad problems within. Today, though, it’s time to give credit where it’s due. Two of my major beefs with ...

President Donald Trump has decided that India’s failure to provide “equitable and reasonable” access to its market means it’s no longer eligible to export certain goods duty-free to the US. The 43-year-old US Generalised System of Preferences, the privilege India now loses, is part of a shared commitment by developed countries to promote export-oriented growth in emerging economies. Washington also ...

Bloomberg A $10 trillion global stock rally is showing signs of fragility, and you can blame the economy. Both the American and European benchmarks posted their biggest weekly losses since the darkest days of December’s sell-off, with the S&P 500 dropping 2.2 percent. While the week ended with the European Central Bank’s (ECB) dovish turn and President Donald Trump predicting a ...

Bloomberg Goldman Sachs Group Inc. was half right about what it expected to happen with a more dovish-sounding Federal Reserve. But that didn’t save its US dollar trade — so it’s trying a different tactic. The firm’s recent recommendation to short the US Dollar Index (DXY) hit its stop — the level at which a trade is halted so losses ...