Fitbit Inc on Wednesday launched its latest smartwatch, Versa 2, adding Amazon.com Inc's voice assistant Alexa, online payments and music storage in a bid to compete strongly with Apple Inc's smartwatches.
Citigroup Inc. raised its minimum wage to $15 per hour earlier this year following pressure from politicians and similar moves by other big banks.
Luxury jeweler Tiffany & Co said on Wednesday declines in tourist spending in the United States dragged on sales, but it reported quarterly earnings that beat estimates on increased spending by local customers in mainland China and a cut-back on marketing costs.
With gas prices at a 3-year low for the Labor Day weekend, more Americans will head out on road trips for the holiday. Depending on where they live, they might have more cash to spend.
Amazon.com Inc is in early talks with Go-Jek Group to buy a stake in the Indonesian ride-hailing startup, a source familiar with the matter told Reuters on Wednesday.
Tab Food Investments (TFI), the biggest worldwide franchisee of Burger King, has asked Citigroup to help to sell a minority stake in the business in China and Turkey, a deal which could fetch at least $200 million, two sources familiar with the matter said.
Tiffany & Co warned on Wednesday of the impact the ongoing protests in Hong Kong are having on the company's sales, and said any deterioration in the situation may result in the jeweler's full-year sales coming in below its own forecasts.
World stocks will keep rising over the coming year, according to the latest Reuters polls of strategists, but wild gyrations are likely in the lift from expected central bank policy easing and drag from developments in the U.S.-China trade war.
The Trump administration on Wednesday made official its extra 5% tariff on $300 billion in Chinese imports and set collection dates of Sept. 1 and Dec. 15, prompting hundreds of U.S. retail, footwear, toy and technology companies to warn of price hikes.
Global bond yields flirted with record low levels while stocks struggled to recover on Thursday as economic turbulence from intensifying U.S-China frictions and the specter of a no-deal Brexit drove investors to safer harbors.
Global bond yields flirted with record lows while stocks struggled to recover on Thursday, as global recession worries from intensifying U.S.-China frictions and the specter of a no-deal Brexit drove investors to safer harbors.
Argentina will negotiate with holders of its sovereign bonds and the International Monetary Fund to extend the maturities of its debt obligations as a way of ensuring the country's ability to pay, Treasury Minister Hernan Lacunza said on Wednesday.
World stocks nudged down on Wednesday as deepening inversion of the U.S. bond yield curve a day earlier threw up reminders of looming recession risks, sending investors toward safe havens such as the Japanese yen and precious metals.
Alphabet Inc's Google is shifting its Pixel smartphone production to Vietnam from China starting this year as it builds a cheap supply chain in Southeast Asia, the Nikkei business daily reported on Wednesday.
Costco Wholesale Corp said it will limit the number of shoppers at its new China store after overcrowding forced the U.S. big box retailer to shut it early on the opening day.