Toymaker Hasbro Inc reported a surprise rise in quarterly revenue on Tuesday as the box-office success of the “BumbleBee” movie drove sales of its Transformers action toys, sending its shares up nearly 9 percent.
Lyft Inc picked up upbeat ratings from the brokerage arms of its Wall Street underwriters on Tuesday, allowing the ride-hailing company to recover some of the damage done to its share price in the run-up to the debut of larger rival Uber Technologies Inc.
A South Korean delegation will head to Washington as early as this week for talks with U.S. officials after the United States announced plans to end all Iran sanction waivers, two South Korean government officials said on Tuesday.
Toymaker Hasbro Inc reported a surprise rise in quarterly revenue on Tuesday as it sold more of its Transformers toys and “Magic:The Gathering” collectible card game.
China’s Foreign Ministry said on Tuesday it has formally complained to the United States over its decision to end waivers on sanctions on Iranian oil imports, adding another fault line to already complicated Beijing-Washington ties.
A temporary government shutdown with no end in sight, rising trade conflicts and a global growth slowdown: the first quarter outlook for the U.S. economy did not look promising at the turn of the year.
Oil prices jumped to near six-month highs on Tuesday as the United States tightened sanctions on Iran, sending shares of energy companies higher but largely failing to help the currencies of the main crude-oil producers.
Asian buyers of Iranian crude are well placed to overcome the end of U.S. sanctions waivers as they have demonstrated they can live without it and as global producers have the capacity to make up a shortfall, according to analysts and trade data.
India’s ban on popular Chinese video app TikTok is resulting in “financial losses” of up to $500,000 a day for its developer, Beijing Bytedance Technology Co, and has put more than 250 jobs at risk, the company said in a court filing seen by Reuters.
An 11-day strike at Ahold’s U.S. Stop & Stop supermarket chain cost the company “just over” $200 million in lost sales, the company’s CEO said on Tuesday.
Dutch supermarket group Ahold, warned on Monday that a strike at its Stop & Shop chain in the United States would hurt its underlying 2019 profit margin.
World oil prices jumped to near 6-month highs on Tuesday as the United States tightened sanctions on Iran, sending shares of energy companies higher and boosting currencies of several major crude producers.
A criminal investigation into accounting fraud inside British Telecom’s Italian unit has uncovered more evidence of what prosecutors say was the involvement of senior executives in artificially inflating the division’s financial performance.
A criminal investigation into accounting fraud inside British Telecom’s Italian unit has uncovered more evidence of what prosecutors say was the involvement of senior executives in artificially inflating the division’s financial performance.
Ahold, the Dutch owner of supermarket chains in the United States and Europe, said on Monday a labor conflict at Stop&Shop in the U.S., now resolved, would hurt its underlying 2019 profit margins.
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