Sterling Silver Ribbed Onyx Cufflinks - New Release
Elevate your style with these contemporary, ribbed cufflinks. Designed to take you from day to night, the high contrast between dazzling sterling silver and jet black onyx makes these cufflinks a trendy and versatile accessory. The chainlink back will also give you a vintage feel. Approximately 3/4" x 3/4", Sterling Silver with Onyx, Chain Link Backing, Comes in a custom magnetic fliptop box for easy gifting and proper storage,
TOKYO (Reuters) - SoftBank Group Corp has chosen five investment banks, including units of Nomura Holdings Inc and Goldman Sachs, as lead underwriters for the mammoth initial public offering of its mobile-phone unit, a person with direct knowledge of the matter said on Friday. The other institutions are Mizuho Financial Group Inc, Deutsche Bank AG and the SMBC Nikko Securities Inc unit of Sumitomo Mitsui Financial Group Inc, the source told Reuters, on condition of anonymity as the deal is not public.
Media representatives for SoftBank and sterling silver ribbed onyx cufflinks the financial institutions declined to comment, Bloomberg News reported Friday that the Japanese investment and technology firm aims to sell around 3 trillion yen ($27 billion) of shares, the biggest IPO ever, listing on the Tokyo Stock Exchange in December, An IPO of that scale would be the biggest ever, topping the $25 billion worth of shares sold by China’s Alibaba in New York in 2014, and the $22 billion raised by Agricultural Bank of China in Hong Kong in 2010..
BEIJING (Reuters) - China’s car sales fell the most in nearly seven years in September, stoking concerns the world’s biggest auto market could contract for the first time in decades this year amid cooling economic growth and a biting trade war. Vehicle sales slumped by 11.6 percent to 2.39 million units last month, the third straight decline, the China Association of Automobile Manufacturers (CAAM) said on Friday. It cited a sluggish economy, deleveraging and a tough pollution crackdown as reasons for the steep fall.
A stalling of China’s giant auto sector will be a concern for the country’s leaders in Beijing, It is a major driver of the economy and sterling silver ribbed onyx cufflinks an important barometer of Chinese consumers’ willingness to open their purse strings, “The automotive industry has been a driver of China’s economic growth for years, Now it is pulling back,” Xu Haidong, CAAM assistant secretary general, said at a briefing in Beijing, China’s top auto industry body said its already meager forecast for full-year growth would be missed, though the market should avoid a sales decline, Analysts have predicted the market could contract this year for the first time since at least the early 1990s..
The downtrend in sales underscores how international car makers, from General Motors (GM.N) to Toyota Motor (7203.T), are in for a tough ride at a time when they are increasingly looking towards China as a driver of growth. It also exemplifies the impact of the trade war, with autos being among the sectors hardest hit by tariffs. CAAM said last month sales were impacted by a sluggish economy and the knock-on effects of the trade war. China’s economic malaise has seen the domestic stock markets plunge and the country’s factory sector stall last month after over a year of expansion. The International Monetary Fund also cut China’s growth forecast for next year to 6.2 percent from 6.4 percent.
Beijing, concerned about the slowdown, has already opened the taps to boost liquidity in the market, The slide in September auto sales follows a 3.8 percent fall in August and a 4.0 percent drop in July, Vehicle sales increased 4.8 percent in June, September’s drop was the most since a 26.4 percent tumble in January 2012, which was in part due to the timing of the China New Year holiday that year, Sales for the first nine months of the year totaled 20.49 million vehicles, up 1.5 percent from the same sterling silver ribbed onyx cufflinks period a year earlier..
CAAM’s Xu said that 2018 sales growth would miss the association’s previous forecast of a 3 percent rise. Sales were also up 3 percent last year, but sharply down from a 13.7 percent gain in 2016. Amid the slowdown, an army of Chinese car dealers is feeling the squeeze and is pushing for government support to revitalize growth. Yale Zhang, head of Shanghai-based consultancy Automotive Foresight, said that if sales actually shrink this year it would be a “watershed moment” for the industry.
“It’s very alarming and is even causing panic among some automakers and suppliers, That’s because the market has been growing non-stop every year for more than twenty years, and those companies make plans based on growth,” he said, “They don’t know what to do and worry about survival.”, GM, one of the most successful global car makers in China for decades, said earlier this month that September sales sterling silver ribbed onyx cufflinks were down a sharp 14.9 percent from a year earlier, German car maker Volkswagen AG (VOWG_p.DE) said earlier this week that China sales were down 10.5 percent last month..