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How a used-phone dealer takes a bite out of Apple
Slowing iPhone sales in China dominated the business headlines last week, when Apple warned investors that quarterly revenue would disappoint. But buried under the headline, CEO Tim Cook cited... To view the full story, click the title link......»»
GenScript Biotech Reports 2019 Financial Results and Provides Business Update
NANJING, China, March 31, 2020 /PRNewswire/ -- GenScript Biotech Corp. (Stock Code: 1548.HK), a leading global biotechnology company, yesterday reported full year 2019 financ.....»»
Geely"s Volvo Cars warns virus outbreak to hit 2020 earnings
Sweden's Volvo Car Group, owned by China's Geely, scaled back its guidance for the full year, warning that sales, earnings and cash flow in the first half of 2020 would decline from a year ago as the coronavirus pandemic weighed on its business......»»
Starbucks says China business is recovering, but second-quarter will take hit
Starbucks warned investors on Thursday that store closures in China due to the coronavirus outbreak are likely to result in a 50% decline in its same-store sales in China during its fiscal second quarter......»»
Starbucks reopens most stores in China, citing "early signs of recovery" from coronavirus
Starbucks said Thursday that 85% of its stores in China are now open for business, following temporary closures due to coronavirus concerns. "With the number of new cases in China slowing, w.....»»
German industrial sectors see supply shortage over virus: BDI
Several sectors of Germany's manufacturing sector are expecting a shortness of supplies from the Far East region in the coming weeks due to the outbreak of the coronavirus in China, business association BDI said on Monday......»»
Coronavirus to ding Coca-Cola"s China business
Coca-Cola reaffirmed its full-year forecast......»»
JPMorgan hosts 200 virtual meetings in two days amid virus scare
Global banks are coming up with alternatives to keep business moving in Greater China, with clients in the midst of the world’s largest work-from-home experiment to contain the spread of the deadly... To view the full story, click the title link......»»
DP World returns to full state ownership, takes on $8.1 billion debt
Dubai is to take full control of port operator DP World in a deal with a $13.9 billion valuation that will help the company at the center of the emirate's 2009 debt crisis to repay some of its borrowings......»»
Gucci-owner Kering warns coronavirus could hit its business this year, but ‘impossible’ to gauge any damage yet
Gucci-owner Kering says half of China stores shut because of coronavirus outbreak as it posted a 16.2% rise in full-year revenue......»»
Exclusive: Prudential eyes full control of China venture, considers U.S. options
Prudential is in talks that could lead to it taking full control of its 50:50 joint venture with China's CITIC and is considering selling some or all of its U.S. business to sharpen its focus on Asia, a source told Reuters......»»
P&G takes coronavirus precautions
Procter & Gamble hasn’t experienced disruptions to its business in China as a result of the outbreak of a deadly new strain of coronavirus, but the company is taking precautions to ensure the health of thousands of employees who work in the regio.....»»
Virus impact: WeWork, Starbucks shut doors as infections spread
Starbucks Corp. and office-sharing company WeWork are shutting locations in China, while Facebook Inc., Nissan Motor Co. and other companies enact measures to shield employees in areas hardest hit by... To view the full story, click the title link......»»
Buy Local East Harlem works to make sure neighborhood firms have a seat at the table
Landing a piece of business from Metropolitan Hospital Center was a coup for Rodney Mendez, founder and CEO of ThinkBigData, an East Harlem digital marketing firm. It might not have happened at all... To view the full story, click the title link......»»
Honda Evacuates, Starbucks Stores Shut: Virus Impact on Business
Global companies are evacuating workers from areas of China hardest hit by a deadly viral outbreak......»»
Luckin Coffee seeks more of China market with new vending machine business
Luckin Coffee Inc said it is expanding into vending machines that sell freshly brewed hot beverages and snacks, seeking even more of the China market after overtaking Starbucks Corp as the country's biggest coffee chain by number of stores......»»
JP Morgan attempts full control of China futures JV -Bloomberg
JPMorgan is seeking 100% ownership of its futures joint venture in China, Bloomberg reported on Monday, citing a person familiar with the matter......»»
JP Morgan attempts full control of China Futures JV: Bloomberg
JP Morgan Chase & Co is seeking 100% ownership of its futures joint venture in China, Bloomberg reported on Monday, citing a person familiar with the matter......»»
JPMorgan takes on rivals in wealth business revamp
New York's is still held up in court but the state may try to keep it alive and expand it to . The state's Public Health and Health Planning Council is set to vote Thursday to keep the emergency... To view the full story, click the title link......»»
Only 31 stores of a planned 350 are confirmed for the American Dream megamall next year so far — here"s the full list
Shoshy Ciment/Business Insider The American Dream complex began its grand opening process on Friday, October 25 in East Rutherford, New Jersey. The 3 million-square-foot center will be one of the largest malls in Nor.....»»