Capri profit misses as Hong Kong protests hurt Versace sales
Capri Holdings Ltd missed Wall Street estimates for quarterly profit on Wednesday, as protests in Hong Kong and negative Chinese consumer reaction to an ‘incorrectly...
Boeing to invest $1 billion in global safety drive: sources
Boeing Co is planning an initial investment of around $1 billion into industry-wide pilot development as part of a long-term initiative to reduce risks like...
Keystone pipeline spill hardens landowner opposition to proposed expansion
A big oil spill from the Keystone Pipeline in North Dakota last week has hardened opposition to the controversial Keystone XL expansion among landowners along...
Oil prices decline on U.S. crude build, weak euro zone data
Oil prices declined on Wednesday, pulled down by a larger-than-expected build in U.S. crude stocks and weak euro zone economic figures, after gaining for three...
Investors left exposed as Trump’s SEC gives America Inc a helping hand
The United States’ top market cop is slowly taking the shackles off corporations....
Adidas sees soccer boost after stumble on Kanye West shoes
German sportswear company Adidas expects a boost to sales from new soccer merchandise ahead of the 2020 European championships after quarterly growth was held back...
China regulator warns e-commerce platforms to stop monopolistic practices
China has warned top e-commerce platforms including Alibaba and JD.com to stop practices that could be deemed as monopolistic, as industry frictions grow ahead of...
BMW’s stronger SUV sales help new CEO deliver profit lift
BMW’s new chief executive delivered a 33% third-quarter operating profit rise as stronger sports utility vehicle sales and the absence of the one-off factors which...
DWS sees one-in-four chance ECB will hike rates next year
There is a one-in-four chance that European Central Bank chief Christine Lagarde will deliver an interest rate hike in her first year in office, German...
Bombardier says to deliver all Swiss Railways trains by mid-2021
Bombardier said on Wednesday it had alleviated technical problems that have held up deliveries of trains to Swiss Federal Railways (SBB) as the Canadian plane-and-train-maker...