Business News
Yum Brands same-store sales below Street estimates
Yum Brands Inc’s sales at established outlets fell short of Wall Street estimates on Thursday, as fewer customers dined at its Pizza Hut chains.
Month: August 2018
Business News
China Eastern, Japan Airlines team up to tap Chinese tourism boom
China Eastern Airlines Corp Ltd and Japan Airlines Co Ltd (JAL) on Thursday said they would form a joint venture (JV) to capitalize on a boom in Chinese tourism, in the first such deal between a Chinese and Japanese carrier.
Business News
China urges U.S. to return to reason on trade, says tactics won’t work
China on Thursday urged the United States to return to reason after the Trump administration sought to ratchet up pressure for trade concessions by proposing a higher 25-percent tariff on $200 billion worth of Chinese imports.
Business News
China says fully prepared for U.S. threats on escalating trade war
China is fully prepared for the United States’ threats to escalate the two countries’ trade war and will have to fight back to defend its dignity and the interests of its people, the commerce ministry said on Thursday.
Business News
China Eastern, Japan Airlines form JV to tap Chinese tourism boom
China Eastern Airlines Corp Ltd and Japan Airlines Co Ltd (JAL) on Thursday said they would form a joint venture to capitalize on a Chinese tourism boom, in the first such deal between a Chinese and Japanese carrier.
Business News
Bond yields, stocks fall as trade fears spread to Europe
Fears of an escalating trade dispute between the United States and China spread from Asian markets to Europe on Thursday, triggering a fall in bonds yields and stocks, particularly among exporters.
Business News
China urges U.S. to return to reason on trade
China on Thursday urged the United States to return to reason after the Trump administration sought to ratchet up pressure for trade concessions by proposing a higher 25-percent tariff on $200 billion worth of Chinese imports.
Business News
Delivered hot: Starbucks bets on Alibaba tie-up to revive China sales
Starbucks Corp is partnering with Alibaba to deliver its coffee in Chinese cities starting this fall, betting the move will revive sales growth in its second-largest market that is witnessing aggressive local competition.
Business News
Hong Kong insurance market lures well-educated mainland Chinese
May Zhang, a 28-year-old from the southern Chinese city of Shenzhen, holds a master’s degree in engineering from the University of Oxford, but now makes her living selling insurance in Hong Kong.
Business News
China urges U.S. to return to rationality on trade
China on Thursday urged the United States to return to rationality, after the Trump administration sought to ratchet up pressure for trade concessions by proposing a higher 25 percent tariff on $200 billion worth of Chinese imports.
Trading Ideas
Pichai the Pragmatic Plows Into China, and Google Workers Fume
Google staff awoke on Wednesday to surprising news: Their company is working on a search app tailored, and censored, for China. Sundar Pichai, chief executive officer since 2015, has made no secret of his desire to take the search giant back to mainland China. The executive is more pragmatic about the world’s largest internet market than Google’s founders, who pulled search from the mainland in 2010 over censorship concerns. …read more […]
Business News
China Eastern, Japan Airlines link up as more Chinese tour Japan
China Eastern Airlines Corp Ltd and Japan Airlines Co Ltd (JAL) on Thursday said they will form a joint venture to cooperate on China-Japan routes, in the first such deal between a Chinese and Japanese carrier.
Business News
Run your dishwasher when the sun shines: dynamic power pricing grows
One day, the weather could drive your domestic schedule. Your dishwasher springs to life at the windiest time of day. The washing machine starts spinning when the sun beats down.
Trading Ideas
Musk Apology, Model 3 Sales: Tesla Q2 Earnings Call Highlights
Tesla’s shares were up nearly 9% in after-hours trading on Wednesday following the company’s Q2 results, with the stock rising through parts of the earnings call. Here are some of the highlights. Photo: Associated Press …read more […]
Business News
CBS hires law firms to probe CEO Moonves misconduct allegations
CBS Corp said on Wednesday it retained two law firms for a full investigation into the allegations about Chairman and Chief Executive Leslie Moonves, CBS News and cultural issues in the company.