February 8, 2019

Starbucks ‘unlikely’ to be overtaken in China by Luckin in 2019: CEO

Starbucks Corp is unlikely to cede its leading position in China, the company’s fastest-growing major market, to Chinese startup Luckin in 2019, Starbucks CEO Kevin Johnson […]
February 8, 2019

Asia stocks ease on anxiety over trade, growth risks

Asian stocks lost ground on Friday as investors worried about a broadening global economic slowdown, with sentiment not helped by the absence of any positive signs […]
February 8, 2019

Australia’s bruised big banks offered respite in inquiry wash-up

After a year of bruising interrogation, Australia’s oligopoly banking system has emerged from a government-appointed inquiry with reputations tarnished and some top executives removed – but […]
February 8, 2019

Amazon’s Bezos says National Enquirer owner tried to blackmail him

Jeff Bezos, chief executive of Amazon.com Inc, has accused the owner of the National Enquirer of trying to blackmail him with the threat of publishing “intimate […]
February 8, 2019

Sony stock perks up after first-ever share buyback announcement

Sony Corp announced its first-ever share buyback on Friday, worth 100 billion yen ($910 million), helping its stock recover somewhat from the hammering it received earlier […]
February 8, 2019

Asia stocks fall on renewed anxiety over trade, growth risks

Asian stocks lost ground on Friday as investors worried about a broadening global economic slowdown, with sentiment not helped by the absence of any positive signs […]
February 8, 2019

Fiat Chrysler paid $77 million in U.S. fuel economy penalties in 2018

Fiat Chrysler Automobiles NV told Reuters on Thursday it paid $77 million in U.S. civil penalties late last year for failing to meet 2016 model year […]
February 8, 2019

U.S. bankruptcy judge approves sale of Sears to Chairman Lampert

A U.S. bankruptcy judge on Thursday approved Sears Holdings Corp Chairman Edward Lampert’s $5.2 billion takeover of the beleaguered retailer, allowing the department store chain to […]
February 8, 2019

Fed’s Bullard: ‘Restrictive’ U.S. policy likely curbing inflation

The U.S. Federal Reserve’s interest rate increase in December likely tipped monetary policy into a restrictive setting that may be pushing the economy farther from one […]
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