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Contracts to purchase homes have now declined for three straight months. Pending home sales become sales after a month or two, and last month’s drop suggested further weakness in existing home sales after they hit a three-year low in December. Economists had forecast pending home sales rising 0.5 percent. Pending home sales fell 9.8 percent from a year ago, the 12th straight month of annual decreases. Contracts fell in the South, Northeast and Midwest. They rose in the West raymond cufflinks. “The December report suggests a further deterioration in home sales,” said Blerina Uruci, an economist at Barclays in Washington..

The weak housing report added to surveys showing a plunge in consumer confidence in January and some regional Fed manufacturing surveys that have suggested a slowdown in economic activity in the fourth quarter and early in 2019. Economists believe U.S. economic growth cooled in the fourth quarter from the July-September period’s brisk 3.4 percent annualized rate raymond cufflinks. The advance fourth-quarter GDP report, which was scheduled for release on Wednesday, has been delayed as the government shutdown prevented the collection of source data by the Commerce Department’s Bureau of Economic Analysis and Census Bureau..

Despite the weakness in signed contracts and sales, the outlook for the housing market is improving amid a moderation in house price inflation. A report on Tuesday showed the S&P CoreLogic Case-Shiller composite index of home prices in 20 metropolitan areas rose 4.7 percent in November on a year-on-year basis, the smallest gain since January 2015, after advancing 5.0 percent in October. The slowdown in house prices comes at a time when the 30-year fixed mortgage rate is hovering at a nine-month low of 4.45 percent, according to mortgage finance agency Freddie Mac. This, together with improving supply, could help to support the housing market this year after it struggled in 2018 raymond cufflinks.

(Reuters) – Boeing Co raised its profit and cash flow expectations for 2019 on Wednesday, sending shares up more than six percent amid a boom in air travel and faster production, though it was still fighting supplier delays on its cash-cow 737 jetliners raymond cufflinks. The world’s largest planemaker said it expects to deliver between 895 and 905 commercial aircraft in 2019, up from 806 aircraft it delivered last year, which – although just below company targets – kept it ahead of arch-rival Airbus SE for a seventh year..

Investors closely watch the number of planes Boeing turns over to airlines and leasing firms in a year for hints on the company’s cash flow and revenue raymond cufflinks. Despite its rosy outlook, America’s biggest exporter faces possible turbulence on a number of fronts in 2019, including financial stress felt by some of its airline customers, signs of a broader economic slowdown and U.S. trade tensions with China, where Boeing ships about 1 out of 4 aircraft that it makes. There are also unanswered questions related to the deadly crash of a Lion Air 737 MAX in Indonesia in October that thrust a spotlight on the newest version of the best-selling jet, as well as on airline training and maintenance..

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FOREX: The dollar index slipped into negative territory and was off about 0.5 percent. CHUCK CARLSON, CHIEF EXECUTIVE OFFICER, HORIZON INVESTMENT SERVICES, HAMMOND, INDIANA. “It seems like it’s what the market was expecting although it looks like it shot higher on the news tiffany cufflinks engraved. That’s been part of this rally, a growing feeling that (the Fed) would be letting the data play out instead of having a fixed number in mind in terms of what they were going to do. “This earnings season, in terms of the guidance companies have given, has probably given them enough pause in a sense of seeing how the economy unfolds. Guidance has been tempered, muted. The prevailing opinion is that GDP growth is going to slow in 2019 and layered on top of that are China issues and Europe issues and how that’s going to impact US firms and our economy. So they’re doing what would be expected in an environment of more uncertainty than we had last year..

“They don’t want to put themselves in a box and this language does that.¬† Maybe they’re softening on the idea that there’s going to be two (rate hikes) this year, maybe it’s going to be one. My guess is the probability that there will be two rate hikes in 2019 has gone down a hair based on this report.”. JAMES MCCANN, SENIOR ECONOMIST, ABERDEEN STANDARD INVESTMENTS, BOSTON. “The press statement was reassuringly dovish, but it wasn’t hugely unexpected. The place where there was more surprise, which has come into (stock) prices, is that we got a shift, it seems, around the balance sheet. We’ll see how Powell talks to this in practice tiffany cufflinks engraved. The language was very, very vague, and probably deliberately so. But the preparedness for the Fed to be more accommodative around the balance sheet seems to be a little new.”..

MOHAMED EL-ERIAN, CHIEF ECONOMIC ADVISER,¬†ALLIANZ, NEWPORT BEACH, CALIF. “The markets got what they were hoping for in the Fed’s written statement, including both the notion of the central bank’s patience on future rate hikes and greater flexibility in its approach to reducing its balance sheet. This marks a full 180 from what the Fed was signaling just a few months ago.”. “Clearly the Fed has been listening to the market tiffany cufflinks engraved. But that was already known with comments from Powell running up to this FOMC meeting. This is a much softer, patient approach, certainly fueling equities to look fairly positive..

“Overall, this is something the market wanted to see, is pleased with. I don’t think it takes us away on longer-term inflation goals at this point tiffany cufflinks engraved. “I am sure there will be some political commentators that will be looking to read this as Powell giving in to Trump and his demands that the Fed do more, but I don’t think that is accurate at this point. “I think inflationary pressures are a little bit more muted, in particular with what we have seen happening with oil prices. I think this is a just right kind of an announcement..

LARRY HATHEWAY, CHIEF ECONOMIST, GAM INVESTMENT MANAGEMENT, ZURICH tiffany cufflinks engraved. “The Fed has moderated their assessment of economic activity, dropping the language of strong to a solid expansion. It’s a modest downgrade, but overall they are certainly keeping their options open. They’re trying to convey the message while they have paused, their options are open and more likely than not, they’ll probably hike rates this year rather than keep them on hold. It’s more probable they’ll hike two rather than one this year.”..

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Apple shares jumped 6.83 percent after the company reported a sharp growth in services business, easing concerns after the iPhone maker earlier this month cut current-quarter sales forecast what cufflinks to wear with a tuxedo. Boeing Co gained 6.25 percent after the world’s largest plane-maker forecast full-year profit and cash flow above analysts’ estimates amid a boom in air travel and speedier 737 production. Following the Fed’s rate announcement, all three main U.S. stock indexes extended gains from earlier in the session and the S&P 500 closed at its highest since Dec. 6..

The Dow Jones Industrial Average jumped 1.77 percent to end at 25,014.86 points, while the S&P 500 gained 1.55 percent to 2,681.05. The Nasdaq Composite surged 2.2 percent to 7,183.08 what cufflinks to wear with a tuxedo. Investors were also tracking the latest round of talks between Washington and Beijing that began on Wednesday, the highest-level meeting since U.S. President Donald Trump and Chinese President Xi Jinping agreed to a 90-day truce to their trade war in December. The Philadelphia Semiconductor index surged 2.87 percent, while the S&P technology index jumped 3.03 percent..

Microsoft Corp and Facebook Inc, set to report after the closing bell, rose 3 percent or more. Of the 168 S&P 500 companies that have reported results so far, 73.2 percent have topped profit estimates, according to Refinitiv data what cufflinks to wear with a tuxedo. Advancing issues outnumbered declining ones on the NYSE by a 4.09-to-1 ratio; on Nasdaq, a 2.31-to-1 ratio favored advancers. The S&P 500 posted 21 new 52-week highs and no new lows; the Nasdaq Composite recorded 27 new highs and 28 new lows. Volume on U.S. exchanges was 7.9 billion shares, compared with the 7.7 billion-share average over the last 20 trading days..

NEW YORK (Reuters) – The Federal Reserve held interest rates steady on Wednesday but said it would be patient in lifting borrowing costs further this year as it pointed to rising uncertainty about the U.S what cufflinks to wear with a tuxedo. economic outlook. While the Fed said continued U.S. economic and job growth were still “the most likely outcomes,” it removed language from its December policy statement that risks to the outlook were “roughly balanced” and struck language that projected “some further” rate hikes would be appropriate in 2019..

In a separate release from its policy statement, the U.S. central bank also said while it was continuing its monthly balance sheet reduction, it was prepared to alter the pace “in light of economic and financial developments” in the future. Fed Chairman Jerome Powell said in a press conference after the statement was released that policy makers decided a wait and see approach was appropriate and that the case for raising rates has weakened. STOCKS: The S&P 500 added to gains and was last up 1.65 percent. The Dow also rose more and was up 1.85 percent. BONDS: The 10-year U.S what cufflinks to wear with a tuxedo. Treasury note yield fell to 2.6936 percent and the 2-year yield fell to 2.5262 percent..

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Due to this, expenses rose, but also boosted payment volumes. “Visa’s new partnerships and renewals are helping the company to attract more customers, boosting payment volumes,” Buckingham Research Group analyst Chris Brendler said. Net income at the world’s largest payment processor rose to $2.98 billion, or $1.30 per Class A share, in the first quarter ended Dec tiffany infinity cufflinks. 31, from $2.52 billion, or $1.07 cents per Class A share, a year earlier. Excluding one-time items, Visa earned $1.30 per share, beating the analyst average estimate of $1.25, according to IBES data from Refinitiv..

(Reuters) – Apple Inc (AAPL.O) said on Wednesday it had banned Facebook Inc (FB.O) from a program designed to let businesses control iPhones used by their employees, saying the social networking company had improperly used it to track the web-browsing habits of teenagers. Apple offers what are known as certificates that let businesses have deep controls over iPhones, with the potential to remotely install apps, monitor app usage and access, and delete data owned by a business on an iPhone. Apple designed the program for organizations whose staff use iPhones for official duties, when privacy needs are different from phones for personal use tiffany infinity cufflinks.

On Tuesday, technology news site TechCrunch reported that Facebook was paying users as young as 13 years old to install an app called Facebook Research tiffany infinity cufflinks. The app used Apple’s business tools to ask for an iPhone user’s permission to install so-called virtual private network software that can track browsing habits. Apple ejected Facebook from the business app program, saying in a statement on Wednesday the program was “solely for the internal distribution of apps within an organization.”..

“Facebook has been using their membership to distribute a data-collecting app to consumers, which is a clear breach of their agreement with Apple,” Apple said in the statement. The ban does not affect Facebook’s apps in Apple’s App Store, which Facebook depends on to distribute Facebook, WhatsApp and Instagram apps to iPhone users. But it does mean that Facebook will not be able to distribute internal apps to its own employees tiffany infinity cufflinks. In a statement, Facebook said key aspects of the research program were being ignored and that it had secured users’ permission..

“Despite early reports, there was nothing ‘secret’ about this,” Facebook said in a statement tiffany infinity cufflinks. “It was literally called the Facebook Research App. It wasn’t ‘spying’ as all of the people who signed up to participate went through a clear on-boarding process asking for their permission and were paid to participate.”. Facebook said fewer than 5 percent of the participants in the program were teens and that all of those teens had signed parental consent forms..

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WASHINGTON (Reuters) – The United States and China opened a pivotal round of high-level talks on Wednesday aimed at bridging deep differences over China’s intellectual property and technology transfer practices and easing a months-long tariff war. Cabinet-level officials, led by Chinese Vice Premier Liu He and U.S mens black onyx cufflinks. Trade Representative Robert Lighthizer, met in the Eisenhower Executive Office Building next to the White House, with only a month left to reach a deal before a March 2 U.S. deadline to increase tariffs on Chinese goods..

But details of the closed-door talks were scant, with official statements seen as unlikely before they conclude on Thursday. A USTR spokeswoman declined comment on the discussions mens black onyx cufflinks. The talks began with an awkward silence on both sides of a long negotiating table during a photo opportunity, broken when Lighthizer made joking remarks about table positioning and appearing in photographs of a dinner between U.S. President Donald Trump and Chinese President Xi Jinping in December. It was at that meeting in Buenos Aires that leaders of the world’s two largest economies called a 90-day truce to try to work out trade differences through negotiations. Wednesday’s meeting was the highest-level gathering since then..

Liu, who is Xi’s top economic adviser, is expected to meet with Trump on Thursday. Seated next to Liu was People’s Bank of China Governor Yi Gang, a reform-minded official has advocated further opening of China’s financial services markets, with officials from the Finance and Commerce ministries also present. Trump’s top trade, finance and economic officials flanked Lighthizer on the U.S. side, including Treasury Secretary Steven Mnuchin, Commerce Secretary Wilbur Ross and White House advisers Larry Kudlow and Peter Navarro mens black onyx cufflinks.

The talks began two days after the United States charged Chinese telecommunications company Huawei Technologies Co Ltd and its chief financial officer, Meng Wanzhou, with conspiring to violate U.S. sanctions on Iran by doing business through a subsidiary it tried to hide. Meng was arrested in Canada on Dec. 1 at the request of the United States, which is seeking to have her extradited. Mnuchin and Ross have insisted that there is no link between the trade talks and the Huawei case. The talks in Washington are expected to be tense, with little indication so far that Chinese officials are willing to address core U.S mens black onyx cufflinks. demands to fully protect American intellectual property rights and end policies that Washington has said force U.S. companies to transfer technology to Chinese firms..

The U.S mens black onyx cufflinks. complaints, along with accusations of Chinese cyber theft of U.S. trade secrets and a systematic campaign to acquire U.S. technology firms, were used by the Trump administration to justify punitive U.S. tariffs on $250 billion worth of Chinese imports. Trump has threatened to raise tariffs on $200 billion of goods to 25 percent from 10 percent on March 2 if an agreement cannot be reached. He has also threatened new tariffs on the remainder of Chinese goods shipped to the United States. China has retaliated with tariffs of its own, but has suspended some and is allowing some purchases of U.S. soybeans during the talks..

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“This marks a full 180 from what the Fed was signaling just a few months ago,” said Mohamed El-Erian, chief economic adviser at Allianz in Newport Beach, California. After the release of the Fed’s statement, U.S. stocks added to gains, with the S&P 500 index ending the day about 1.5 percent higher, while the dollar and short-term yields fell as investors gauged an even lower probability of additional rate hikes any time soon. Market expectations of future rates fell further. Contracts tied to the Fed’s policy rate continued to price about a one-in-four chance of a hike in 2019, and contracts maturing in 2020 were signaling a small but rising chance of a rate cut then can you wear cufflinks with any shirt.

The Fed raised rates four times last year including in December, when it signaled it would do so twice more this year. The economic outlook, however, has become more clouded as a result of recent volatility in financial markets and signs that growth is slowing overseas, including in China and the euro zone. There are also ongoing concerns about the impact of global trade tensions and fears the recent 35-day partial shutdown of the U.S. government over a budget dispute may crimp consumer spending. “In light of global economic and financial developments and muted inflation pressures, the committee will be patient” in determining future rate hikes, the Fed’s rate-setting committee said in its policy statement can you wear cufflinks with any shirt.

The Fed made no change to the $50 billion maximum monthly runoff of Treasury bonds and mortgage-backed securities from its balance sheet. Some traders have urged it to slow or halt its pullback from the bond markets, at least for now. In a separate statement, the Fed said it had decided to continue managing policy with a system of “ample” reserves, reinforcing the notion that the rundown may end sooner than expected can you wear cufflinks with any shirt. “Overall, this signals the Fed will not be on autopilot going forward,” said Justin Lederer, Treasury analyst at Cantor Fitzgerald in New York..

(Reuters) – Microsoft Corp on Thursday met Wall Street’s targets for its quarterly results and forecast, though Azure cloud computing sales grew more slowly than a year earlier. Shares of Microsoft, one of the most valuable U.S. technology companies, fell 3 percent in extended trade even though earnings per share slightly beat analysts’ estimates. The stock had closed 3.3 percent higher in a broad tech rally. Azure, Microsoft’s flagship cloud product, had revenue growth of 76 percent in the fiscal second quarter ended Dec. 31, down from a 98 percent surge a year earlier can you wear cufflinks with any shirt. Azure sales increased 76 percent in the September quarter as well..

Long known for its Windows software, Microsoft has shifted its focus to the fledgling cloud market where it is battling Amazon.com Inc for dominance. The company is rapidly picking up business from the retail industry in particular, which is aiming to keep pace with the e-commerce business of Amazon. This month alone, Microsoft announced deals with Walgreens Boots Alliance Inc and Kroger Co, on top of a five-year agreement with Walmart Inc it unveiled this summer can you wear cufflinks with any shirt. “Our strong commercial cloud results reflect our deep and growing partnerships with leading companies in every industry including retail, financial services, and healthcare,” Microsoft Chief Executive Satya Nadella said in a statement..

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The license for A.Baur & Co to import the product expired in December, a second person at the NMRA said. Shalutha Perera, head of consumer for A.Baur, told Reuters the firm has informed J&J in India of the suspension of the licensing process. “J&J India directly handles all the regulatory matters,” he said. Perera said the NMRA contacted A.Baur in December regarding new asbestos testing. A spokeswoman for J&J India declined to comment on the halt of shipments to Sri Lanka but said the company “is in full compliance with current Indian regulatory requirements for the manufacturing and testing of our talc” tateossian skeleton movement gear cufflinks.

HONG KONG (Reuters) – Electric carmaker NIO Inc, one of the main rivals to Tesla in China, raised $650 million in a five-year convertible bond on Thursday, aiming to use the proceeds to fund expansion. The Shanghai-based carmaker’s move to raise capital via an equity-linked bond – only four months after it listed in New York – mirrors that of China’s Netflix-like video platform iQiyi, which sold a $750 million convertible bond in November after going public last year, highlighting the growing appeal of convertibles for high-growth companies in need of cash tateossian skeleton movement gear cufflinks.

Convertible bonds are a cheaper funding avenue due to their lower coupons in exchange for giving the bondholder the option of converting the debt into company shares at a set price in future. The equity link gives investors fixed returns and the prospect of profiting from a rise in the issuer’s share price tateossian skeleton movement gear cufflinks. NIO sold a five-year convertible bond with a conversion premium of 27.5 percent and a coupon of 4.5 percent, according to a press release from the company. The startup could raise as much as $750 million if a greenshoe, or over-allotment option, is exercised within 30 days..

The company’s shares closed at $7.46 on Wednesday and were up about 24 percent since they started trading in September tateossian skeleton movement gear cufflinks. Louis Hsieh, NIO’s chief financial officer, told investors on a call on Wednesday that part of the reason for selling a convertible bond was to make up the difference between what the company raised in its IPO and what it had originally sought to raise. NIO raised $1 billion in its U.S. IPO but it had earlier aimed for $1.8-$2 billion, Hsieh said. Asked about the timing, Hsieh said the convertible bond market was receptive to a deal and he did not want to wait until March or April and risk a possible worsening in U.S.-China trade tensions..

Convertible bonds are booming in Asia, hitting their highest volumes last year since the financial crisis, with $35.5 billion raised, according to Refinitiv data. Their appeal is growing at a time when interest rates are rising, driving up borrowing costs when companies in Asia face almost $500 billion in maturing dollar-denominated bonds over the next two years. For tech companies or startups, which can have more volatile stock prices and are often unrated, convertible bonds also represent a cheaper funding alternative than straight debt tateossian skeleton movement gear cufflinks.

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LONDON (Reuters) – OPEC oil supply has fallen in January by the largest amount in two years, a Reuters survey found, as Saudi Arabia and its Gulf allies over-delivered on the group’s supply-cutting pact while Iran, Libya and Venezuela registered involuntary declines tiffany engine turned cufflinks. The 14-member Organization of the Petroleum Exporting Countries has pumped 30.98 million barrels per day (bpd) this month, the survey showed on Thursday, down 890,000 bpd from December and the largest month-on-month drop since January 2017..

The survey suggests OPEC is almost three quarters of the way in delivering supply cuts that started on Jan. 1 in an effort to avert a glut, even though the group’s second-largest producer Iraq and some smaller members pumped above agreed levels. An OPEC official said he hoped more members would deliver on their pledges and that the drop in supply so far was acceptable, calling it a “good start”. Crude oil has risen to $62 a barrel after a dip below $50 in December, boosted by the Saudi cuts, a host of involuntary curbs in other OPEC countries and the prospect of lower supply from Venezuela after U.S. President Donald Trump this week imposed sanctions on its oil industry tiffany engine turned cufflinks.

OPEC, Russia and other non-members – an alliance known as OPEC+ – agreed in December to reduce supply by 1.2 million bpd from Jan. 1. OPEC’s share of the cut is 800,000 bpd, to be delivered by 11 members – all except Iran, Libya and Venezuela. In January the 11 OPEC members bound by the supply-limiting agreement achieved 70 percent of the pledged cuts, the survey found. Further declines in Iran, Libya and Venezuela boosted the total OPEC decline to 890,000 bpd. The latest OPEC+ deal came months after they had agreed to pump more oil, which in turn partially unwound their original supply-limiting accord that took effect in 2017 tiffany engine turned cufflinks.

The biggest drop in supply came from Saudi Arabia, OPEC’s biggest oil producer, which pumped 350,000 bpd less than in December, the survey showed. Saudi supply in November had hit a record-high 11 million bpd, after Trump demanded more be pumped to curb rising prices and make up for losses from Iran tiffany engine turned cufflinks. The kingdom rapidly changed course as prices slid on the prospect of oversupply in 2019. The second- and third-biggest drops occurred in Kuwait and the United Arab Emirates, which like Saudi delivered a larger cut than required under the deal, the survey found..

Of the three OPEC members exempted from making voluntary cuts, Libyan production fell the most as unrest kept the country’s biggest oilfield, Sharara, offline for a month. Output from Iran declined further as U.S. sanctions discouraged companies from buying its oil tiffany engine turned cufflinks. Iran has managed to maintain crude exports of as much as 1 million bpd, helped by sanctions waivers and its efforts to keep selling crude. Production in Venezuela, once a top-three OPEC producer but whose output has been sliding amid the country’s economic collapse, posted a further drop in January, the survey found..

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WASHINGTON (Reuters) – U.S. President Donald Trump warned on Thursday that a trade deal with China would be unacceptable unless Beijing opened its markets to U.S. financial services, manufacturing, agriculture and other industries. “Looking for China to open their Markets not only to Financial Services, which they are now doing, but also to our Manufacturing, Farmers and other U.S monogrammed cufflinks. businesses and industries. Without this a deal would be unacceptable!” Trump wrote in a post on Twitter..

GENEVA (Reuters) – China and the United States are ahead of the global competition to dominate artificial intelligence (AI), according to a study by the U.N. World Intellectual Property Organization (WIPO) published on Thursday monogrammed cufflinks. The study found U.S. tech giant IBM had by far the biggest AI patent portfolio, with 8,920 patents, ahead of Microsoft with 5,930 and a group of mainly Japanese tech conglomerates. China accounted for 17 of the top 20 academic institutions involved in patenting AI and was particularly strong in the fast growing area of “deep learning” – a machine-learning technique that includes speech recognition systems..

“The U.S monogrammed cufflinks. and China obviously have stolen a lead. They’re out in front in this area, in terms of numbers of applications, and in scientific publications,” WIPO Director-General Francis Gurry told a news conference. U.S. President Donald Trump has accused China of stealing American innovations and technology and has slapped trade tariffs on $234 billion of Chinese goods to punish Beijing. China said in December it resolutely opposed “slanderous” accusations from the United States and other allies criticizing China for economic espionage and stealing intellectual property and company secrets..

Gurry acknowledged there were accusations about China’s behavior but there was no doubt it had embraced the global intellectual property system, with the world’s largest patent office and the largest number of domestic patent applications monogrammed cufflinks. “They are serious players in the field of intellectual property,” he said. The WIPO study analyzed international patent filings, scientific publications, litigation filings and acquisition activity, and found there had been as many patent applications for AI since 2013 as in the half century since the term was coined in the 1950s..

Patent applications in machine learning, which includes techniques used by ride-sharing services to minimize detours, averaged annual growth of 28 percent between 2013 and 2016, the last year for which data is available, because of an 18-month period before confidential applications are publicly disclosed. Much of that growth came from deep learning, which overtook robotics as it ballooned from 118 patent applications in 2013 to 2,399 in 2016. The single most popular AI application was computer vision, used in self-driving cars, and mentioned in 49 percent of all AI-related patents monogrammed cufflinks.

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The company said it planned to add a net 175 stores in 2019, with almost half of them to be newer fashion brands like COS, Arket and Weekday – part of its drive to mimic the success of Inditex by targeting multiple sub-sections of the market. H&M hopes recent heavy investment will eventually drive a recovery in profitability and said it will trim capital spending in 2019, expecting to invest 10.5 billion to 11 billion crowns in 2019, down from 12.8 billion in 2018 cufflink king. Its sales in Germany rose 2 percent in the quarter, bucking a weaker market. Data out on Thursday showed German retail sales plummeted by 4.3 percent on the month in December, the fastest fall in 11 years..

DUBAI (Reuters) – Qatar Airways has upgraded an existing order for 50 Airbus A321neo jets to include 10 long-range models, as a regional diplomatic rift has forced the airline to fly longer routes cufflink king. The airline said on Thursday that 10 of those 50 aircraft would now be the A321LR, to be delivered from 2020. A321s are the larger version of Airbus’ best-selling A320 narrow-body jet. The airline said longer range A321s will help it launch flights to new markets where there is currently not enough demand for larger aircraft but which are out of reach of smaller A320s..

State-owned Qatar Airways has been banned from the airspace of neighboring Saudi Arabia, United Arab Emirates and Bahrain since June 2017 after those countries cut ties with Qatar. It is also banned from Egypt’s airspace which also cut diplomatic relations with Qatar. The airline lost access to 18 cities in those countries that cut ties. It has had to increase costs by operating longer flights on some routes to avoid the airspace of the four countries. Qatar Airways made a $69 million loss in the year to March 2018, blaming the rift cufflink king.

ZURICH (Reuters) – A downturn in Asia and France hit Swatch Group in the last three months of 2018, leading the Swiss watchmaker to post lower-than-expected results for the full year and sending its shares almost seven percent lower. Sales of Swiss luxury watches are under pressure as trade-war tensions and a slowing Chinese economy and weak yuan have curbed the appetite of their biggest group of customers for spending on big-ticket items, especially during trips abroad cufflink king. “(In Asia) a downturn in demand occurred in the last three months of the year, particularly in wholesale,” the maker of Swatch watches, sporty Tissot and luxury Breguet timepieces said in a statement on Thursday..

It also pointed to a “very weak” performance in France, where luxury boutiques saw sales dwindle before Christmas due to “yellow vest” protests cufflink king. Swatch Group’s comments contrasted with an upbeat report on Tuesday from luxury goods giant LVMH, whose like-for-like sales rose 9 percent in the fourth quarter thanks to strong demand for leather and fashion goods. RBC Capital Markets analyst Rogerio Fujimori said Swatch’s negative performance in the Christmas quarter contrasted with 7 percent organic growth at LVMH’s watch and jewelry business and 5 percent at Swiss peer Richemont..