Earlier on Thursday, China's stock markets were suspended for the day less than half an hour after the open as the mechanism was tripped for the second time this week. The Shenzhen Composite Index for China's 2nd smaller stock exchange slumped eight.three % to 1,955.88. Stock markets this morning were also helped by statements from at least 30 companies saying their controlling shareholders or senior executives would not sell shares on the secondary market within the next six or 12 months.
Unsurprisingly, oil and gas stocks were some of the worst hit. "Chinese demand for European exports is weakening and the price of European goods and services is getting costlier for the Chinese". Marks and Spencer , however, bucked the trend and gained ground despite a weak set of third quarter results as chief executive Marc Bolland announced he will leave the company in April.
The Mexican restaurant chain said Wednesday in a securities filing that it's been hit with a Federal Grand Jury Subpoena after a norovirus outbreak in California. The cases received far more national media attention than the norovirus outbreak in California, and the company's sales have plunged. Chipotle officials said the norovirus in Boston was traced to a sick employee. The Boston store has since reopened.
If you're waiting for Xiaomi to introduce its flagship smartphone, the Mi5, at CES 2016 trade fair, then you will be disappointed since the Chinese company has no intention of doing that . In addition to these rumors, word on the street is that the Xiaomi Mi 5 is going to be equipped with a 16 MP lens for its main camera and 13 MP for the front-facing snapper.
But an editorial in the Global Times newspaper, close to China's Communist Party, accused the bookstore run by the missing men of selling publications containing "maliciously fabricated content". He reportedly called his wife on the night of his apparent abduction, telling her that he "will not be coming back anytime soon". Asked about the possibility of several of the booksellers holding British passports, Chinese Foreign Ministry spokeswoman Hua Chunying said that " Hong Kong is ...
But many were annoyed by the price of the headset. "We continue to believe that mobile VR platforms - like Google Cardboard, Gear VR - will gain faster momentum, with expensive headsets initially limited to technology 'early adopters, '" he wrote.