Europe’s markets were mixed on Thursday, after investors took stock of the latest trade negotiations developments between the U.S. and China and minutes from the Federal Reserve. Weak earnings and economic news provided headwinds for stocks.
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Ikea woos India's rising consumer class, tapping new marketsHYDERABAD, India (AP) — In Hyderabad's bustling Nampally furniture market, customers explore a crowded, dusty labyrinth of shops, haggle over prices and work with carpenters to design made-to-order housewares. This is the competition Swedish giant Ikea faces in tackling the $40 billion Indian market for home furnishings, which is growing quickly along with the country's consumer class. India is a test case for whether Ikea should keep shifting resources toward emerging economies, including Latin America and China, given the saturation of markets in Europe and the United States — and the possibility of another global recession.
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European markets seen mixed amid earnings, economic dataEuropean stocks are set to open mixed Thursday morning, amid rising hopes the world's two largest economies could soon secure a trade deal to end a protracted dispute.
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European markets struggle as investors respond to HSBC and BHP earningsEuropean stocks were down on Tuesday, as investors responded to disappointing earnings from HSBC and BHP Group while trade negotiations between the U.S. and China continue
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Europe Again Champions Intervention to Counter China’s Economic MightEurope’s struggle to keep up with China’s government coordination of business and economic might of the U.S. has prompted more European politicians to advocate interventionism.
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China’s Property Market, Once a Lifeline, Now Carries Economic RisksHome prices are slumping in a number of smaller cities across China and officials express deepening concern with financial risks from years of rising property debt, illustrating why property sales aren’t expected to help bail out the economy as overall growth slows this year.
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Economic data, commodities and markets
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Walmart 'holding its own' against Amazon ahead of earnings reportWalmart is set to report earnings for the holiday quarter before the bell Tuesday.
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