January 3, 2019

Coffee startup Luckin plans to overtake Starbucks in China this year

Chinese coffee startup Luckin is aiming to open 2,500 new stores this year and overtake Starbucks Corp as the largest coffee chain by number of outlets […]
January 3, 2019

At Brazil’s Petrobras, a ‘Chicago Boy’ takes the reins

Depending on who you ask, Roberto Castello Branco, the new chief executive of Brazil’s Petroleo Brasileiro SA , will either save the indebted oil major – […]
January 3, 2019

Apple, China worries pummel Asian shares; ‘flash crash’ jolts currencies

U.S. stock futures fell and Asian shares stumbled on Thursday after a rare revenue warning from Apple Inc added to worries about slowing global growth and […]
January 3, 2019

For Warren Buffett, sinking Apple shares a wish come true

Billionaire Warren Buffett has said he would love to see Apple Inc shares decline in price so he could buy more. He is getting his wish. […]
January 3, 2019

Teva, Amgen end dispute over generic Cinacalcet HCl tablets

Teva Pharmaceutical Industries Ltd said on Thursday it will pay an undisclosed amount to settle an ongoing dispute with Amgen Inc over its generic Cinacalcet HCl […]
January 3, 2019

Cathay Pacific makes good on first-class ticket blunder

Cathay Pacific Airways said it would guarantee thousands of first and business-class flights sold at huge discounts after a ticketing error, calling the mistake a surprise […]
January 3, 2019

Nordstrom heir Blake Nordstrom dies at 58

Nordstrom Inc said its co-president, Blake Nordstrom, passed away early Wednesday morning at the age of 58. Powered by WPeMatico
January 3, 2019

Wall Street ekes out gain, Apple cuts revenue forecast after the bell

Wall Street edged higher on Wednesday after stumbling out of the starting gate on the first trading day of 2019, while fears of a global economic […]
January 3, 2019

Latin America stockpicker at BlackRock is leaving company

A top BlackRock Inc investor focused on Latin American stocks is leaving the company, the world’s largest asset manager said on Wednesday. Powered by WPeMatico
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