Cyclical Consumer Goods

UPDATE 1-Weibo shares slip 6% below issue price in Hong Kong trading debut

HONG KONG, Dec 8 Shares in Chinese social media giant Weibo Corp opened 6.1% below their issue price in the debut of its secondary listing on the Hong Kong Stock Exchange on Wednesday.

Stock Quote 8:52pm EST

U.S. Commerce chief: Funding for semiconductor production could slip to 2022

WASHINGTON, Dec 7 U.S. Commerce Secretary Gina Raimondo on Tuesday said efforts in Congress to approve $52 billion to expand U.S. semiconductor manufacturing could slip into 2022.

Technology, Stock Quote 8:21pm EST

S.Korea "webtoon" firms leverage low-cost stories with potential huge upside

SEOUL, Dec 8 Netflix's most-watched series in late November, "Hellbound", is making a splash on TV, but it first appeared on much smaller screens as an online comic, or "webtoon", optimised for smartphones.

Technology, Stock Quote 8:01pm EST

Neoen switches on Australia's biggest battery

MELBOURNE, Dec 8 French firm Neoen SA activated Australia's biggest battery on Wednesday in time for the southern hemisphere summer, after fire damaged two of Tesla Inc's "Megapack" units at the project during testing in July.

UPDATE 3-Nestle trims L'Oreal stake with $10 billion sale

PARIS, Dec 7 Nestle SA said on Tuesday it would cut its stake in L'Oreal to about 20% by selling shares worth 8.9 billion euros ($10 billion) back to the French cosmetics brand, moving to reduce the weight of the beauty giant on its books for the first time in 7 years.

Cyclical Consumer Goods & Services
Home Depot Inc $416.18 +0.12%
Walt Disney Co $150.81 +0.29%
Nike Inc $171.29 +1.41%


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