By Sheila Dang and Eva Mathews (Reuters) – AT&T Inc said on Wednesday it wrote down its premium TV business, […]
Lurching from crisis to crisis, Boeing delays 777X with demand hobbled
By Eric M. Johnson and Ankit Ajmera (Reuters) – Boeing Co took a hefty $6.5 billion charge on its all-new […]
Rolls-Royce says new UltraFan engine future-proof despite pandemic
By Sarah Young LONDON (Reuters) – Rolls-Royce is pushing ahead with its new greener engine UltraFan for now, confident that […]
Wall Street expects near-record iPhone sales despite delay, shut Apple stores
By Stephen Nellis (Reuters) – During the last three months of 2020, Apple Inc delivered its flagship iPhone 12 model […]
LVMH shares rise after fashion group reports solid fourth-quarter results
PARIS (Reuters) – LVMH’s shares rose on Wednesday after the French luxury goods group reported resilient fourth-quarter results. LVMH shares […]
Beyond Meat surges on PepsiCo plant-based snack deal
(Reuters) – Beyond Meat Inc said on Tuesday it had formed a joint venture with PepsiCo Inc to develop and […]
Thriving Louis Vuitton offsets drop in sales at luxury group LVMH
By Sarah White and Silvia Aloisi PARIS (Reuters) – Booming sales at LVMH’s fashion brands like Louis Vuitton, particularly in […]
AmEx sees consumer travel recovery after lower spending hits profit
By Niket Nishant (Reuters) – American Express Co said on Tuesday it expects an uptick in holiday travel this summer, […]
Champagne loses its fizz as pandemic hits sales
By Sybille de La Hamaide PARIS (Reuters) – Champagne fell flat last year, with sales tumbling as the pandemic forced […]
Who’s a good doggy? Martha Stewart launches cannabis pet products
(Reuters) – Lifestyle guru Martha Stewart on Tuesday launched a line of cannabis-infused oil drops and soft-baked chews for dogs, […]