Shein gains UK approval for London IPO, awaits China nod, sources say

Shein gains UK approval for London IPO, awaits China nod, sources say

Online fast-fashion retailer Shein has secured approval from Britain’s Financial Conduct Authority (FCA) for its planned initial public offering in London, according to two sources with knowledge of the matter. The FCA’s approval marks a significant step forward in the China-founded company’s pursuit of a London listing after it confidentially filed papers with the British…

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China Sends Proposal To Australia Amid Bitter Fight With US, Gets Rejected

China Sends Proposal To Australia Amid Bitter Fight With US, Gets Rejected

Australia has declined China’s proposal to form an alliance against the United States’ tariffs, imposed by President Donald Trump’s administration. The decision comes as Washington escalates its trade war with Beijing, imposing a 10 per cent import tax on Australian goods and significantly higher tariffs on Chinese products – 125 per cent. China’s ambassador to…

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Trump Praises Xi Jinping Amid US-China Trade War

Trump Praises Xi Jinping Amid US-China Trade War

Washington: US President Donald Trump has called his Chinese counterpart, Xi Jinping, a “smart man” amid a trade war between the two countries that has triggered an economic storm across the world. The world’s two largest economies are at a crossroads after Trump imposed tariffs on China and Beijing announced retaliatory measures. “I think President…

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Trump tariffs: Concerns high among food, fashion industries in NYC, NJ amid tariff announcements

Trump tariffs: Concerns high among food, fashion industries in NYC, NJ amid tariff announcements

MANHATTAN, New York (WABC) — Fear and anxiety are being felt among within the Tri-State’s food and fashion industries amid President Donald Trump’s tariff announcements. On Madison Avenue of Manhattan’s Upper East Side, where luxury boutique clothing stores line the street, black cars still double park, drivers still hold doors and consumers still consume, there…

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