Nike considers Hurley surfwear brand sale

Source: Dukascopy Bank SA
The world's biggest sportswear maker Nike is considering options for its Hurley International surfwear brand, including its potential divestment, as such brands are losing their appeal within non-surfing consumers.
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Thu, 25 Jul 2019 18:05:31 GMT

Gazprom offered to sell its shares for $3.15B

On Thursday, the world's largest conventional gas producer Gazprom stated it received bids worth $3.15B to sell 3% of the company's own shares, which it was selling in the market.

Thu, 25 Jul 2019 15:46:54 GMT

CAAM to trim 2019 sales estimates to 5% fall

China's largest car industry association reduced this year's sales estimates to a 5% drop YOY to 26.68M cars amid slowing economic growth, expecting sales to drop for another year running, CAAM stated on Thursday.

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