Business & Finance News
BlackRock , the world’s largest asset manager, is actively investing in companies including Adidas , Tomra and Ball Corp through a new circular economy fund that bets on sustainable business.
Netflix Inc plans to open offices and start paying tax in Italy, Reed Hastings, chief executive of the U.S. video streaming service said on Tuesday after launching a production partnership agreement with Mediaset .
Netflix has struck a deal with Italy’s top commercial broadcaster Mediaset to produce films in the country, the two companies said on Tuesday, as they step up efforts to boost viewers amid tough competition.
U.S. clothing rental service Rent the Runway said on Tuesday its business was back online after an operational snag caused the company to cancel several customer orders and hold off on new sign-ups.
Nissan Motor Co named a relative outsider who joined the automaker mid-career as its next CEO on Tuesday, picking Makoto Uchida in a surprise move that was immediately seen as positive for its strained ties with top shareholder Renault.
U.S. producer prices unexpectedly fell in September, leading to the smallest annual increase in nearly three years, which could give the Federal Reserve room to cut interest rates again later this month.
U.S. stocks fell at the open on Tuesday, as a report the Trump administration was moving ahead with discussions around possible curbs on capital flows into China stirred up fresh worries over the outcome of high-level trade talks later this week.
Vodafone will shut 15% of stores in Europe and upgrade some of the remaining outlets as customers buy online and change their expectations of in-store shopping, chief executive Nick Read said on Tuesday.
European stocks sank and major bond yields nudged lower on Tuesday as concerns over China-U.S. trade talks, disappointing European company news and escalating tensions between London and Brussels sparked a flight to safety.
Target Corp on Tuesday announced a partnership with Tru Kids, the parent company of Toys ‘R’ Us brand, to power the toy retailer’s online business in the United States ahead of the holiday season.
Boeing Co said on Tuesday it would invest $20 million in Richard Branson’s space-tourism venture Virgin Galactic giving it more money to take on rivals in the race to space.
Oil prices fell on Tuesday as Washington’s blacklisting of more Chinese companies dampened hopes for a trade deal between the two countries, though unrest in Iraq and Ecuador lent some support to crude prices.
U.S. sports brand Vans has removed “a small number” of submissions in a sneaker design competition including one apparently giving a shout out to Hong Kong’s pro-democracy protests, as companies weigh the risks of angering China.
Domino’s Pizza missed Wall Street estimates for quarterly same-store sales and profit on Tuesday, hurt by growing competition from third-party delivery services and small pizzerias, sending the pizza chain’s shares down 6%.
Domino’s Pizza Inc on Tuesday reported same-store sales below Wall Street estimates for the fourth straight quarter, hurt by growing competition from third-party delivery services and small pizzerias.
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