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SoftBank has invested billions of dollars in loss-making U.S. ride-services firm Uber Technologies [UBER.UL] but owns only a minority stake. WeWork and the Japanese company are closely entwined, with hundreds of SoftBank staff using space at the two companies’ Japanese joint venture and SoftBank considering moving its headquarters into WeWork offices. SoftBank’s other real estate-related investments include Compass, an online real estate marketplace, Katerra, a construction startup, and Indian hotel chain OYO Hotels.

(Reuters) - The U.S, Department of Defense said on Wednesday that a memo purporting to show the Pentagon asking for a national security review of chipmaker Broadcom Inc’s (AVGO.O) $19 billion deal to buy software company CA washington capitals cufflinks Technologies CA.O was likely fake, Broadcom said in a statement that the two companies are American, “and there is no basis in fact or law for CFIUS review of our pending transaction.”, The Pentagon is looking into who wrote the fake memo, according to a spokeswoman, She said they considered it likely to be fake based on an initial assessment..

The Committee on Foreign Investment in the United States (CFIUS) is the government panel that reviews deals for potential national security risks. Panel members include representatives of several U.S. agencies, including the Department of Defense and the Treasury Department. Senator Rand Paul’s office, however, reiterated his call for a national security review of the deal, denying that a memo was behind the lawmaker’s request for a review. Paul’s office said in a statement that the planned merger raised “obvious national security implications.”.

“Broadcom had national security issues in a CFIUS review just earlier this year and this review should be undertaken immediately,” the statement said, Earlier this year, U.S, President Donald Trump blocked Broadcom’s $117 billion hostile washington capitals cufflinks bid for semiconductor peer Qualcomm Inc (QCOM.O), arguing it posed a threat to U.S, national security and gave an edge to Chinese companies looking to build next-generation wireless networks, Since then, Broadcom has redomiciled from Singapore to the United States, placing it formally outside the purview of CFIUS..

PARIS (Reuters) - Robust sales growth at luxury goods leader LVMH (LVMH.PA) in the third quarter failed on Wednesday to quell fears that Chinese demand for high-end fashion and handbags will start waning, sending its shares lower and rattling those of competitors. Markets are on edge over a simmering trade war between Beijing and Washington and its knock-on effect on Chinese consumers, whose appetite for branded goods fueled a luxury industry rebound over the past two years. Shares in LVMH (LVMH.PA) closed down 7.1 percent, even though it reported a stronger-than-expected performance in the clothing and leather goods business that includes its biggest profit-driver, Louis Vuitton, and labels like Christian Dior.

The company played down any signs of weaker demand, telling analysts it had observed “a little slowdown” among Vuitton’s Chinese clientele in the July washington capitals cufflinks to September period, with sales growth around 15 percent rather than closer to 20 percent, But investors are already looking to the months ahead, anticipating a sharper deceleration that would make the highly-valued stocks of the luxury sector less attractive, “The key debate was not going to be around third quarter sales growth, but rather around the exit rate from the third quarter, the confidence on the fourth quarter and the 2019 outlook,” analysts at Deutsche Bank said..

Shares in Gucci-owner Kering (PRTP.PA), LVMH’s cross-town rival, closed down 9.6 percent. Stocks in French handbag maker Hermes (HRMS.PA), Britain’s Burberry (BRBY.L) and Italian puffer jacket firm Moncler (MONC.MI) were also hit, and fears spread across the Atlantic with the likes of Tiffany (TIF.N) and even less expensive players like Michael Kors KORS.N suffering. Executives at LVMH did not comment on current trading trends, or on the potential effects of the trade war that could hit two of its biggest clienteles. Chinese consumers account for about a third of all luxury goods purchases worldwide.

“There is nothing particularly specific to luxury and LVMH in all washington capitals cufflinks that,” Jean-Jacques Guiony, LVMH’s financial director, told a conference call, “The world is a complicated place, currencies are playing in all directions and governments are making their lives and our life more difficult sometimes.”, Falls in the yuan have also added to market concerns that Chinese shoppers will lose purchasing power, with many still tending to splurge on goods on overseas trips, “I think the market is in ‘sell the news’ mode, anticipating a looming slowdown due to the trade war,” a trader in Geneva said..



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