Germany's parliament appointed an expert commission on Thursday to rethink trade policy towards China, accelerating a policy of "de-risking" after Beijing's curbs on rare earths exports exposed how quickly German industry could be throttled.
Customers of Chinese-owned Dutch chipmaker Nexperia are working with the company on a workaround to bypass a feud between the Europe-based unit and its packaging plant in China, two sources close to the firm told Reuters.
A surge in luxury stocks has piled pressure on fashion houses including LVMH and Gucci owner Kering to show that signs of recovery in the third quarter can translate into a sustained turnaround in the key holiday season.