Tiffany says sales could miss estimates if Hong Kong protests continue
Tiffany & Co warned on Wednesday of the impact the ongoing protests in Hong Kong are having on the company’s sales, and said any deterioration in the situation may result in the jeweler’s full-year sales coming in below its own forecasts.
Burger King’s China franchisee hires Citi for stake sale: sources
Tab Food Investments (TFI), the biggest worldwide franchisee of Burger King, has asked Citigroup to help to sell a minority stake in the business in China and Turkey, a deal which could fetch at least $200 million, two sources familiar with the matter …
Amazon in talks for stake in Indonesia’s ride-hailing startup Go-Jek: source
Amazon.com Inc is in early talks with Go-Jek Group to buy a stake in the Indonesian ride-hailing startup, a source familiar with the matter told Reuters on Wednesday.
United Airlines moving its Boeing 737 MAX to short-term storage in Arizona
United Airlines said on Wednesday it is beginning the process of moving its 14 Boeing 737 MAX jets to short-term storage at Phoenix Goodyear Airport in Arizona, where weather conditions are more favorable to store aircraft.
Stock futures lower on recession worries
U.S. stock index futures fell on Wednesday after moves in the U.S. bond market returned investors to worrying about the risk of recession as a bruising U.S.-China trade war drags on.
Tiffany profit beat overshadows fall in tourist spending
Tiffany & Co beat quarterly profit estimates on Wednesday, as the luxury retailer cut marketing spending, sending its shares up nearly 3% before the bell.
Global stocks under pressure as bond markets ring recession alarms
World stocks slipped on Wednesday as a deepening inversion of the U.S. bond yield curve a day earlier reignited worries over the possibility of recession, sending investors towards perceived safe-haven assets from the Japanese yen to gold.
Tiffany beats profit estimates on lower marketing spend
Tiffany & Co beat quarterly profit estimates on Wednesday, as the luxury retailer cut marketing spending, sending its shares up nearly 3% in trading before the bell.
Aviation industry labor shortage hits Canadian companies trying to replace grounded Boeing jets
A global shortage of pilots and mechanics is preventing some Canadian aviation service companies from meeting the needs of airlines and other customers scrambling to secure replacements for grounded Boeing 737 MAX jets.
Facebook tightens rules for U.S. political advertisers ahead of 2020 election
Facebook Inc is tightening its political ad rules in the United States, it said on Wednesday, requiring new disclosures for its site and photo-sharing platform Instagram ahead of the U.S. presidential election in November 2020.
