EU News Digest Latest News & Updates

Mark Ralston | AFP | Getty Images Shoppers push loaded up carts at a Target store in Culver City, California. Consumer optimism slipped in December, after hitting historic highs in the previous month. The Conference Board’s measure of consumer confidence declined to 122.1 in December, further than the 128.1 anticipated …

Amazon’s robust holiday sales bode well for a fourth-quarter beat and show the e-commerce giant’s “significant momentum” heading into 2018, according to one Wall Street firm. GBH Insights reiterated its “highly attractive” rating for Amazon shares, citing the growing success of the company’s Prime membership platform. “Our surveys continue to …

Chung Sung-Jun | Bloomberg | Getty Images Jay Y. Lee, co-vice chairman of Samsung Electronics Co., right, is escorted by a prison officer as he leaves the Seoul Central District Court in Seoul, South Korea, on Friday, Aug. 25, 2017. The 49-year-old billionaire heir to South Korea’s Samsung Group was …