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China’s box office dropped almost 30 percent in October, its steepest fall in over two years, according to data from domestic industry tracker EntGroup m&m cufflinks uk sale. That was also a third straight month of declining sales versus 2017. “I haven’t been to the cinema for over a month,” said Ji Chunzi, 26, a Shanghai-based trade publication editor, who said it was due to a lack of good films and that tickets had become a bit pricey at 50 yuan to 60 yuan ($7.20 to $8.64) each. “There also wasn’t really that much worth watching.”..

China’s auto market, the world’s largest, posted its steepest monthly fall in seven years in September and is widely expected to announce another drop for last month. The market is at risk of shrinking this year for the first time in decades. Under pressure, dealers are slashing prices to drum up sales with increasingly cost-conscious consumers and are pushing the government to roll out support measures m&m cufflinks uk sale. Chinese tipplers are slowing purchases of fiery, high-end liquor baijiu, a potentially worrying sign for global premium brands targeting the world’s biggest luxury spenders..

Chinese luxury liquor maker Kweichow Moutai Co Ltd (600519.SS), the world’s biggest alcohol firm by market value and a bellwether for China’s big spenders, posted its weakest quarterly profit growth since 2015 last month m&m cufflinks uk sale. iPhone maker Apple Inc (AAPL.O) and South Korea’s Samsung Electronics Co Ltd (005930.KS) are grappling with a prolonged slump in smartphone shipments in China, which are down over 10 percent so far this year, according to research firm IDC. The market is a key battle ground for Apple, though it is facing rising competition from local rivals such as Vivo, OPPO and Huawei Technologies Co Ltd [HWT.UL]..

SYDNEY (Reuters) – Westpac Banking Corp (WBC.AX) won vindication of its decision to fight accusations its conduct in handling of a key rate was unconscionable as an Australian court fined it A$3.3 million ($2.4 million), far less than the sum sought by a regulator m&m cufflinks uk sale. A federal court judge largely cleared Westpac in May of accusations it interfered with negotiations for an important internal price-setting measure called the Bank Bill Swap Rate (BBSW), but said its actions still amounted to unconscionable conduct..

The bank and the Australian Securities and Investments Commission (ASIC) have since been haggling in court over Westpac’s fine, and on Friday the judge rejected the regulator’s argument that the bank be made to pay A$58 million. “I have to apply the law as it was at the time, not what it should have been,” the judge, Jonathan Beach, wrote in his judgment m&m cufflinks uk sale. The relatively small penalty for the A$95 billion market capitalization company brings a rare bright spot to an industry facing a daily drumbeat of negative publicity as a public inquiry into financial misconduct grinds on..

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“The pledged share ‘death spiral’ is a long-term process that will keep squeezing cash flow of listed firms’ major shareholders,” he said. “And many over-pledged, cash-strapped small-caps are already toxic assets.” cufflinks with initials uk sale. Developer Zhonghong Holdings 000979.SZ, one-fifth of whose stock is pledged against loans, was delisted by the Shenzhen Stock Exchange after its shares traded below face value for more than 20 consecutive days. That sent the value of its pledged shares to near zero, hurting creditors, who must write off their loans to Zhonghong as losses..

SHANGHAI (Reuters) – China is gearing up for the biggest shopping event of the year on Sunday, a day dominated by e-commerce giant Alibaba Group Holding Ltd (BABA.N) which saw $25 billion worth of goods sold on its platforms alone in the 24-hour period last year. Akin to Black Friday and Cyber Monday in the United States, “Singles’ Day” has become something of a litmus test for the strength of Chinese consumption, which is coming under pressure amid rising trade Sino-U.S. tensions and a wider economic slowdown cufflinks with initials uk sale.

Companies in China are already seeing the effect of rising caution among the country’s shoppers. Car sales are down sharply this year, box office receipts have slowed and brands are facing pressure to roll out discounts to prop up sales cufflinks with initials uk sale. Alibaba itself lowered its full-year sales forecast earlier this month due to concerns about the trade spat, while the firm’s core commerce business saw its slowest quarterly sales growth since 2016. As such, China’s leaders in Beijing, global firms targeting the market and e-commerce giants like Alibaba and major rival JD.com Inc (JD.O) are all paying close attention to Singles’ Day for wider signs of consumer strength..

The focus on Singles’ Day will be Alibaba’s final transaction number, which comes out just after midnight following a frenzied day of deal hunting for shoppers and brands looking to bolster their sales. Most analysts said the number will rise, but the speed of growth will temper cufflinks with initials uk sale. The value of transactions, which includes pre-orders made weeks ahead of the event, rose 40 percent last year from the year earlier. “It’s definitely one of the barometers of consumer confidence,” said Jason Yu, Shanghai-based General Manager of market researcher Kantar Worldpanel, adding Beijing policymakers would be keeping a watchful eye..

For many brands “this is probably the single biggest sales contributor for the entire year,” he said cufflinks with initials uk sale. China’s shoppers, on a tear in 2017, have been spooked this year by falling stock markets, a protracted trade war with the United States and wider economic malaise. A range of consumer indexes, including from the Organisation for Economic Co-operation and Development (OECD) and brokerage Jefferies, have shown a drop off in confidence this year as credit conditions and trade tensions have hardened..

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About $620 billion worth of traded Chinese shares, or 10 percent of total market capitalization, has been pledged, mostly by small and medium-sized companies, which have been hit hardest by a slowing economy and the Sino-U.S. trade war what are swank cufflinks worth uk sale. As key stock indexes fell 20 percent this year, Chinese authorities urged brokers not to unload shares held as collateral. Listed companies were told not to suspend trading of their stock. Although authorities are pushing local governments, brokerages, insurers and fund houses to inject cash into listed companies, the losses could deepen..

“If you want to put out a fire, you should separate the burning barns from the rest,” said Yuan Yuwei, a partner and portfolio manager at Water Wisdom Asset Management what are swank cufflinks worth uk sale. During the first nine months of 2018, China’s 32 listed brokerages set aside funds for credit losses of more than $1 billion, double that of the previous year, according to their quarterly reports. As defaults rose in loans backed by pledged shares, listed brokerages reported a 50 percent slump in third-quarter profit..

Southwest (600369.SS) reported a 62 percent decline in net profit for the third quarter excluding extraordinary items what are swank cufflinks worth uk sale. It also disclosed a lengthy list of legal disputes involving pledged shares and defaulting borrowers such as jewelry products maker Eastern Gold Jade Co (600086.SS), electronic vision company Jiang Su Proturly Vision Technology Group (600074.SS) and Guangdong Golden Glass Technologies (300093.SZ). Yuan is worried that government pressure is only creating more risk. “Now, the government is connecting all the barns,” Yuan said. “If risks spread further into the financial system, a match box could morph into an atomic bomb.”..

(Smaller firms more exposed to pledged share risks: tmsnrt.rs/2NTiZJC). The crisis has brought Pang Da Automobile Trade Co (601258.SS), a car dealer once dubbed China’s “King of Dealerships,” to its knees what are swank cufflinks worth uk sale. As Pang Da’s shares fell 40 percent and lenders called for more collateral, its founder and biggest shareholder, Pang Qinghua, had to pledge his entire 20 percent stake. He borrowed from China Minsheng Banking Corp (600016.SS) and Bank of Communications (601328.SS), among others, according to regulatory filings..

Pang Da once prided itself on distributing more than 70 auto brands – the most in China. But now it is selling dealerships. The group, which has more than 1,000 outlets across China and employs about 30,000 workers, sold five Mercedes-Benz dealerships in May to a rival, and in August sold another nine that distribute brands including Lexus, Subaru and Volkswagen what are swank cufflinks worth uk sale. This month, a court froze Pang’s stake in the cash-strapped company in a funding dispute. “Each and every day, we’re discussing how we can overcome the current crisis,” Pang, also a vice president of the China Automobile Dealers Association (CADA), said in a rare public acknowledgement of the company’s woes published by CADA last month..

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Earlier this month, Hitachi Chemical Co (4217.T) said it found improper tests were conducted on nearly 30 more products, after Kobe Steel Ltd (5406.T) and Toray Industries Inc (3402.T) admitted data falsification or other types of misconduct best cufflinks in india uk sale. These cases have “badly damaged the value of ‘Made in Japan,’” a manager of a machinery maker wrote in the Reuters Corporate Survey, which found 71 percent of companies believed the KYB scandal would tarnish Japan’s reputation..

“Companies have lost their pride during the ‘Lost Two Decades,’” another machinery maker manager said, referring to the economic slump Japan endured after the collapse of the 1980s Bubble Economy. However, when asked if the KYB scandal would affect their own business, 94 percent said it wouldn’t. Just 5 percent said they planned to take steps in reaction to the scandal, while 16 percent said they would wait and see. The rest said they didn’t plan to take any steps best cufflinks in india uk sale.

WASHINGTON (Reuters) – U.S. producer prices rose more than expected in October and at their fastest pace in six years but measures of underlying price pressure cooled, bolstering the view that the U.S. central bank is not facing a resurgence in inflation. Other data on Friday suggested U.S. consumers polled this month expected less inflation over the next year compared to their expectations a month earlier. Prices paid by producers rose 0.6 percent in October, the biggest gain since September 2012, with much of the increase fueled by a jump in costs for energy and trade services, according to figures published by the U.S best cufflinks in india uk sale. Labor Department..

Analysts polled by Reuters had expected producer prices to rise 0.2 percent from September. But for a core measure of producer price pressures, cost gains slowed, the data showed. Producer prices outside food, energy and trade services rose 0.2 percent in October, down from a 0.4 percent gain in September. Compared to a year earlier, these core prices were up 2.8 percent, compared to 2.9 percent in the 12 months through September. U.S best cufflinks in india uk sale. stocks opened lower as a batch of weak Chinese data raised concerns about global growth. Yields on U.S. government debt, however, fell..

The Federal Reserve left interest rates unchanged on Thursday and said it remained on track to continue raising borrowing costs gradually. It is widely expected to raise rates in December. The U.S. central bank has been slowly hiking interest rates since 2015 to keep inflation under control best cufflinks in india uk sale. The Fed seeks to keep prices for consumers rising 2 percent annually and monitors producer prices for signs that inflationary prices might be building. In October, those inflationary pressures appeared strongest in relatively volatile goods and services. Producer prices for trade services, which include costs for retailing and wholesaling merchandise, rose 1.6 percent, the biggest gain since October 2014. Costs surged 2.7 percent for energy, the fastest increase in five months..

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Siam Piwat’s malls at the center of Bangkok’s shopping district were closed off at the height of civil unrest that ultimately led to Thailand’s 2014 military coup. “There were mobs in front of our shopping centers..we closed for three months – I survived,” she said in an interview with Reuters. “We announced [Iconsiam] three weeks after the coup.” personalised cufflinks for groom from bride uk sale. New retail projects are being planned even as Thailand prepares for elections that senior government officials have said would likely be on Feb. 24..

The elections will pit supporters of the military and royalist establishment against populist political forces led by the Puea Thai Party that was ousted by the military in a 2014 coup. Thailand’s political turmoil discouraged tourism growth, which also slowed after a boat accident killed dozens of Chinese tourists in July, but these concerns have not deterred developers. Siam Piwat’s Chadatip says she believes there are good opportunities in Thailand and tourism will recover personalised cufflinks for groom from bride uk sale. (Thailand tourist arrivals by month: tmsnrt.rs/2PgR9wd)..

Even e-commerce in Thailand is turning to malls. JD.com-backed (JD.O) fashion retailer Pomelo saw an untapped customer segment after experimenting with pop-up stores, said CEO David Jou personalised cufflinks for groom from bride uk sale. “We found that some customers didn’t feel comfortable making their first purchase online, but liked our products.”. The Bangkok-based startup, which has its fifth store in Iconsiam, where e-commerce is growing, says physical stores familiarize customers with products before they place digital orders..

Shops create brand recognition and double as a pick-up point for online orders, simplifying logistics, he said personalised cufflinks for groom from bride uk sale. But with mammoth retail developments going up and Thai household debt at 77.6 percent of GDP, some are questioning the sustainability of recreational shopping. “People like going to malls..but are they purchasing goods?” asks Adithep Vanabriksha, Chief Investment Officer at Aberdeen Asset Management (Thailand). Bangkok currently has 7.5 million sqm of retail space with another million in planned, nearly double what similar cities have lined up..

This breakneck expansion risks creating a supply glut such as seen in Kuala Lumpur and when foot traffic through malls doesn’t lead to sales, Thai retailers and developers are already working together to boost spending. Pomelo is looking into partnerships with stores to tap into customer loyalty programs. There must be data-sharing on footfall and spending between landlords and tenants, which will require big investments in data analytics, says James Pitchon, Executive Director of real estate consulting firm CBRE in Bangkok, noting that “retail’s not dead, but it’s very complicated” personalised cufflinks for groom from bride uk sale.

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Britain’s Department for International Trade for the first time set up a UK presence at Zhuhai’s air show, leading a team of seven mostly small and medium-sized companies in the hopes of tapping into China’s rising manufacturing ambitions. British Prime Minister Theresa May has said Britain wants a free trade agreement with China, as it tries to reinvent itself as a global trading nation after the 2016 Brexit referendum antique tiffany cufflinks uk sale. The air show coincided with a trade expo in Shanghai where Chinese President Xi Jinping promised to import more amid mounting frictions with the United States and others..

Zhuhai’s UK Pavilion “is a demonstration to our Chinese host that we are serious antique tiffany cufflinks uk sale. We put in quite a considerable sum of money to support this and that’s government money,” said Andrew Massey, deputy director for China in the aerospace and aviation division of the Department for International Trade. Many companies face uncertainty about post-Brexit trade relations with continental Europe, a major outlet for UK-made aerospace parts, and the status of regulation after Brexit..

“There is an element of Brexit forcing people to broaden their horizons which brings opportunity,” said Paul Adams, head of aerospace at consultancy Vendigital. Britain has the world’s second largest aerospace industry after the United States and is anxious to tout skills and knowledge antique tiffany cufflinks uk sale. Tangerine, a London-based consultancy that has worked with British Airways, helped design interiors for the CR929 display. Massey said British companies have also been helping the Chinese to fast-track the FAA/EASA certification process for its smaller C919 jet, which did not appear at this week’s show..

But their trump card may be an 11 percent drop in the value of sterling against the dollar since the 2016 Brexit vote, which has added a hard-nosed dimension to Britain’s global sales drive. One small British aerospace supplier told Reuters that even though it already sold in 55 countries, the Brexit referendum served as a wake-up call to push for more global markets antique tiffany cufflinks uk sale. “We’ve done nine exhibitions this year. Brexit is something that will happen and business will get round it but from our point of view we’ve done our first exhibition in Japan and China this year and that’s been very successful, and we’re pushing for markets around the world.”..

SHANGHAI (Reuters) – German car maker Volkswagen AG (VOWG_p.DE) signed what looked like a meaty deal with one of its China joint ventures this week at a huge new trade show in Shanghai to ship almost $9 billion worth of cars and parts to China next year. But it turns out the “Memorandum of Cooperation”, one of hundreds of deals inked at the China International Import Expo that wraps up on Saturday, represents business as usual for VW. Two sources close to the company and its FAW-Volkswagen tie-up said the joint venture would have imported the cars and parts with or without the expo to support its day-to-day manufacturing and sales operations, as it does every year antique tiffany cufflinks uk sale. FAW-Volkswagen did not have an immediate comment..

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Some analysts say Europe is already too far behind in the race with Asian firms, at least with the current technology. Boston Consulting Group (BCG), for example, has estimated global battery cell production capacity will exceed demand by about 40 percent in 2021, exerting massive pressure on prices and making it hard for new entrants to make money black onyx cufflinks square uk sale. South Korea’s LG Chem (051910.KS) is already supplying some German carmakers with EV batteries made in Poland while Samsung SDI Co (006400.KS) and SK Innovation are planning factories in Hungary..

The announcement by the world’s biggest EV battery maker – China’s Contemporary Amperex Technology Ltd (CATL) (300750.SZ) – that it would build its first European plant in eastern Germany and has struck a deal with German carmaker BMW (BMWG.DE) has been welcomed by the government. But Merkel told business leaders it was “extremely important” Germany also develops its own battery cell capacity to secure the country’s role in the car industry. For years, German car bosses have been reluctant to push ahead with electric cars, instead focusing on diesel engines black onyx cufflinks square uk sale. But they now face a challenge to make combustion engines comply with tougher emissions rules introduced following the emissions cheating scandal that engulfed Volkswagen..

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“Battery cells are a key technology and an important part of the value chain. That’s why we want to locate this in Germany,” Hirte said. Recognizing the importance of a homegrown battery industry for jobs and profits, the European Commission launched its own European Battery Alliance (EBA) in 2017 but Sweden’s Northvolt is seen as the only serious contender to emerge so far. As part of Berlin’s push, Economy Minister Altmaier is talking to German and European companies as well as neighboring countries to try to join forces black onyx cufflinks square uk sale. He is coordinating his efforts with Brussels to resolve any state aid and antitrust issues..

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It is not clear what share of the $2.5 billion each of the three banks contributed. That contribution from VTB toward the $2.5 billion was separate to around $6 billion that, according to the nine sources, VTB provided to Qatar this year gucci cufflinks sale uk sale. In response to questions about the initial $2.5 billion in loans, VTB said it did not provide financing but it was the coordinating bank on behalf of Rosneft. Otkritie declined to comment. Gazprombank did not respond to questions. For the larger portion of the financing — the 5.2 billion euros loaned by Intesa — the Italian bank’s intention was to syndicate the loan, a common industry practice designed to spread the risk and dilute the burden on the bank’s own capital..

But two banking sources and a source familiar with the Italian side of the deal said the syndication failed because European banks approached by Intesa were worried about the risk that providing finance for Rosneft, even if indirectly, would result in them falling foul of Western sanctions on Russia. Rosneft and Sechin are both subject to U.S gucci cufflinks sale uk sale. sanctions. Intesa declined to comment. At the time of the December 2016 announcement and in the weeks afterwards, Russian officials spoke publicly of a long-term partnership with the new Rosneft shareholders, Qatar and Glencore..

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Since then there has been no word on the status of the investigation, or if Ye has been charged. He was named, however, in a high-profile graft trial of a senior Communist Party official, state broadcaster CCTV reported last month. Neither Ye nor CEFC responded to calls from Reuters seeking comment gucci cufflinks sale uk sale. Once again, Sechin was in search of a buyer. Finally, in May this year, Qatar agreed to take on the part of the stake that had been covered by Intesa. Officially, no one has said how the new deal with Qatar is being financed, or who is providing the finance..

It is clear that Intesa’s role has ended. A document dated Sept gucci cufflinks sale uk sale. 6, 2018 and lodged with Singapore’s official business register, where the vehicle that held the stake on behalf of Qatar and Glencore is registered, stated that Intesa had ceased to be the creditor for the stake and no longer held shares as collateral. The document did not state who was the new creditor. According to the nine sources familiar with the arrangement, that new creditor is VTB. At a reception at the Italian embassy in Moscow last November to receive an award “for services to Italy”, Sechin, champagne glass in hand, linked arms with a grey-haired Russian man in fashionable glasses..

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According to two sources familiar with the developments, Mubadala agreed to buy the stake. But negotiations hit a snag after Rosneft twice changed the price tag, the two sources said, prompting the Emiratis to walk away from the deal. Mubadala declined to comment. Rosneft did not address questions about the Mubadala discussions cufflink makers uk sale. Sechin turned east and started talks with Japanese officials, according to a Russian government official, a source close to Rosneft and a recording of a conversation involving Sechin that emerged as part of an unrelated court case in which Sechin was a witness..

The talks were held primarily with the Japanese Economy, Trade and Industry minister, Hiroshige Seko. If the deal was agreed, the owner of the stake would have become a large state Japanese investment fund such as GPIF, the government pension investment fund which has over $1.4 trillion assets under management, or state-run Japan Oil, Gas and Metals National Corp (JOGMEC), three sources familiar with the discussions told Reuters cufflink makers uk sale. That deal also ran into difficulties, according to Sechin’s account in the recording played in court, when Japan insisted on linking it to progress in a territorial dispute with Russia dating back to the end of World War Two..

Eventually, the deal collapsed. Japan’s Ministry of Economy, Trade and Industry did not respond to questions. Rosneft did not address Reuters’ questions about discussions with Japan. JOGMEC’s press service said it could not comment. GPIF said it could not comment on a discussion between governments because it was not directly involved. Still without a buyer, Sechin focused on two new potential suitors: Qatar’s investment fund QIA and global commodities trader Glencore. Neither was prepared to put up all of the asking price, according to three sources cufflink makers uk sale.

In the past, Rosneft had gone to major Western banks, such as Deutsche Bank and JP Morgan, to finance transactions, but the big international lenders have announced no major new loan deals with Rosneft since sanctions were imposed in 2014. In stepped Intesa Sanpaolo, a mid-sized Italian lender which had little experience in large Russian corporate deals. By early December, 2016, financing for the deal was falling into place cufflink makers uk sale. The buyers put in some of their own money: Qatar gave 2.5 billion euros and Glencore 300 million euros..

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Twitter said on Friday that it “discovered a bug where some of these accounts were briefly added back, which led to misleading follower counts” for “very few accounts.”. It said in July that follower counts might change “more regularly” as part of its efforts to “identify and challenge problematic accounts.” The ensuing volatility has caught the attention of prominent users, including U.S solid platinum cufflinks uk sale. President Donald Trump and Tesla Inc (TSLA.O) Chief Executive Elon Musk..

They and other users lost followers in recent days, but Friday’s cull was larger for most, according to several accounts Reuters reviewed on Social Blade. Twitter’s own account fell by 7.8 million followers in July but gained back 2.36 million by mid-October. It lost 2.4 million on Friday, according to Social Blade. Some users experienced a similar drop in early October, before the followers returned days later, Social Puncher said. The firm told Reuters that it suspects the affected locked accounts are controlled by fraudsters who sell followers to artificially boost accounts’ popularity solid platinum cufflinks uk sale.

(Reuters) – Amazon.com Inc (AMZN.O) on Friday said it would carry more Apple Inc (AAPL.O) products globally in time for the holiday shopping season, as the technology rivals put aside past differences to boost sales solid platinum cufflinks uk sale. In coming weeks, the world’s biggest online retailer will sell the latest editions of Apple’s iPhone, iPad and other devices in the United States, Europe, Japan and India. Amazon sold a limited assortment from Apple previously that included Mac computers and Beats headphones..

The deal underscores how top brands such as Apple and Nike Inc (NKE.N), which long resisted distributing products via Amazon, are increasingly turning to the e-commerce site because it has become a critical channel for reaching customers. Amazon has taken a harder line on counterfeit goods as well. As of Jan solid platinum cufflinks uk sale. 4, Amazon will rid its site of Apple products from third-party merchants not authorized by the Cupertino, California-based technology company. Still, shoppers will be able to find non-branded accessories – like headphones – that are compatible with Apple devices..

Third-party merchants will be allowed to sell as they have been through the holiday season, while Amazon will add Apple products to its official Apple at Amazon page. The lineup will include the Apple Watch but not the Apple HomePod, a high-end alternative to Amazon’s voice-controlled Echo device solid platinum cufflinks uk sale. Such competition in Silicon Valley has often come at the expense of customers. Alphabet Inc’s (GOOGL.O) Google pulled its video streaming app YouTube from two Amazon devices last year because of several complaints against the online retailer, including its decision not to sell some of Google’s products. Amazon now carries the Apple TV, but only after it became compatible with Amazon’s Prime Video..