Honeywell cuts full-year revenue forecast after miss
Diversified manufacturer Honeywell International Inc fell short of Wall Street estimates for quarterly revenue on Thursday and cut its full-year sales forecast, as its customers...
Norwegian Air and JetBlue plan transatlantic partnership
Norwegian Air and New York’s JetBlue Airways have agreed to form a partnership that will allow customers to book flights on each others’ aircraft, with...
Honeywell profit falls 30%
Honeywell International Inc reported a 30% fall in quarterly profit on Thursday, as it sold off some businesses last year....
Norwegian Air and JetBlue announce transatlantic partnership
Norwegian Air and JetBlue Airways have agreed to form a partnership that will allow customers to book flights on each others’ aircraft, with a planned...
Brexit snags stall sterling rally, stocks drift lower
Sterling faltered on Thursday and Europe’s main stock markets went in and out of the red as hopes for a smooth Brexit ran into familiar...
WH Smith to buy Marshall Retail for $400 million in U.S. airports push
British retailer WH Smith Plc made its second major foray into U.S. airports on Thursday with a $400 million purchase of Marshall Retail Group, expanding...
What makes Japanese hotelier Unizo attractive for Blackstone and Elliott?
Little-known hotelier Unizo Holdings Co Ltd has found itself the center of private equity attention, with global names vying for the opportunity to buy into...
Elliott pushes Japan’s Unizo to accept $1.6 billion Blackstone bid
Unizo Holdings’ top shareholder Elliott Management pushed the Japan hotel operator to accept a $1.6 billion tender offer from Blackstone Group , warning it would...
U.S. tariffs threaten livelihoods of Spain’s olive-farming families
A double whammy of U.S. import tariffs kicking in on Friday and a recent steep drop in global olive oil prices is threatening the subsistence...
Unilever suffers dip in emerging markets sales growth
A slowdown in India and China put a brake on Unilever’s quarterly sales growth, highlighting the challenges facing Chief Executive Alan Jope as he tries...