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AstraZeneca shares fall as China probe intensifies
Investigation of group’s China chief Leon Wang comes after several employees were found guilty of fraudWorld - Financial Times - 7 hours ago -
AstraZeneca Probe in China Adds to Concerns for Foreign Businesses
An investigation involving the drugmaker’s China president is the latest crackdown to trigger uncertainty in the industry about Beijing’s intentions.Business - The Wall Street Journal - 5 days ago -
UK borrowing costs rise as Reeves’ spending plans unnerve investors
Ten-year gilt yield hits five-month high after chancellor’s first BudgetBusiness - Financial Times - 6 days ago -
AstraZeneca China president under investigation by Chinese authorities
British drugmaker says Leon Wang is ‘co-operating with an ongoing investigation’Business - Financial Times - 6 days ago -
Luxury goods shares fall as China slowdown hits LVMH
Owner of Louis Vuitton and Dior brands reports 16% drop in third-quarter sales in Asia excluding JapanBusiness - Financial Times - October 16 -
India-Canada diplomatic war intensifies over killing probe
India has strongly rejected Canada's allegations that its diplomats are "persons of interest" in a murder investigation, stating that the claims are part of Trudeau's "political agenda" and that ...Politics - The Hill - October 14 -
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McKinsey faces Republican calls for probe into China ‘conflicts’
US officials request investigation into whether consultancy breached rules for Pentagon contractsWorld - Financial Times - October 18 -
PayPal shares fall on revenue miss, soft guidance
PayPal reported better-than-expected third-quarter earnings on Tuesday, but revenue came in slightly below expectations.Business - CNBC - October 29 -
Intel faces headwinds in China as trade body calls for security probe
Intel products have been recommended for a security review by a trade group in China which alleges they pose vulnerabilities and risks to national security.Business - CNBC - October 17 -
Intel faces headwinds in China as trade body calls for security probe
Intel products sold in China have been recommended for a security review by local officials who allege that the U.S. chipmaker poses “serious risks” to national security.Top stories - NBC News - October 17 -
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CVS Ousts Karen Lynch as C.E.O. and Shares Fall
Shares of the health care conglomerate dropped after the sudden departure of Karen Lynch and a downbeat update on the state of the company’s finances.Business - The New York Times - October 18 -
Dexcom shares fall on slow revenue growth
Dexcom shares fell Thursday after the company released third-quarter results that showed slow revenue growth.Business - CNBC - October 25 -
Schroders shares tumble to lowest in over 10 years after warning on outflows
Incoming chief executive Richard Oldfield pledges to sharpen asset manager’s focus and executionBusiness - Financial Times - 16 hours ago -
LVMH stock falls on slumping luxury sales in China
LVMH Moët Hennessy Louis Vuitton said a slowdown in Chinese spending had hit its third quarter salesBusiness - MarketWatch - October 16 -
Ferrari reiterates guidance as China deliveries fall sharply
Ferrari on Tuesday reiterated guidance that it had increased earlier in the year as the sports-car maker said shipments fell sharply in China.Business - MarketWatch - 11 hours ago -
Argentine authorities probe what happened before Liam Payne's fatal fall from his hotel balcony
Argentine prosecutors say that the circumstances surrounding the death of ex-One Direction singer Liam Payne were suspicious and possibly involved drugs, though there was no sign of a third party ...Entertainment - ABC News - October 18 -
Ulta Beauty shares tick higher, even as company sees 'headwinds' in beauty industry
Retailer Ulta Beauty did not provide guidance for next fiscal year and said it expects near-term challenges to continue.Business - CNBC - October 16 -
Chipotle misses revenue estimates as same-store sales growth disappoints
Chipotle's same-store sales rose 6% in the third quarter, just missing Wall Street's expectations.Business - CNBC - 6 days ago -
AMD shares fall as forecast fails to impress despite strong AI growth
AMD shares are up about 20% so far in 2024, although rivals such as Nvidia and Broadcom have had much greater gains during the same period, driven by AI chips.Business - CNBC - 6 days ago -
UK Budget as it happened: Rachel Reeves raises tax, spending and borrowing
Taxes rise as chancellor delivers the first Labour budget since 2010Business - Financial Times - 6 days ago -
Shares in weight-loss drugmaker Eli Lilly fall on disappointing sales
US group revises down upper end of full-year revenue estimatesBusiness - Financial Times - 6 days ago -
Coinbase shares fall as muted crypto trading leads to a third-quarter miss
Coinbase Wednesday reported weaker-than-expected third-quarter results, weighed down by muted trading in the cryptocurrency market.Business - CNBC - 6 days ago -
Trump Media falls nearly 12% as DJT stock pinballs before presidential election
Donald Trump is the majority owner of Trump Media, which owns the Truth Social platform and trades on the Nasdaq as DJT.Business - CNBC - 5 days ago -
China Resources Beverage Shares Jump in Hong Kong Debut
China Resources Beverage shares surged on their Hong Kong debut, buoyed by positive market sentiment as trading activity in the city picks up.Business - The Wall Street Journal - October 23 -
Philips shares slide as company blames China for lowered sales outlook
Shares of Philips slumped on Monday as the Dutch healthcare devices company lowered its sales outlook for the year.Business - MarketWatch - October 28 -
Estée Lauder shares plunge as China sales slump prompts dividend cut
Beauty group’s stock drops 25% after guidance withdrawn for rest of yearBusiness - Financial Times - 5 days ago -
Europe falls behind China in playing host to clinical drug trials
Pharmaceutical companies turn to jurisdictions with simpler regulatory regimesBusiness - Financial Times - October 21 -
Porsche AG Sales Fall Amid Slow EV Market, China Woes
Porsche AG posted lower sales and operating profit as it faced challenges in China and a slower-than-expected shift to electric vehicles.Business - The Wall Street Journal - October 25 -
Beyoncé brings star power as Kamala Harris touts ‘freedom’ in Texas
Vice-president seeks to energise women voters as White House race against Donald Trump tightensBusiness - Financial Times - October 26 -
Nasdaq hits record high as tech stocks rebound from summer sell-off
Sharp turnaround from 15% slide as investors make ‘heads I win, tails you lose’ betBusiness - Financial Times - October 25 -
China’s kindergarten numbers shrink as policymakers struggle to arrest falling birthrate
Various measures designed to encourage people to have more children have had limited success. The number of kindergartens in China fell by more than 5% last year, the second year in a row that ...World - The Guardian - October 28 -
PwC profits fall in Asia after scandals in China and Australia
Big Four firm reports slower global growth as regional woes compound consulting industry slowdownBusiness - Financial Times - October 29 -
UnitedHealth Shares Dive After Health Giant Says 2025 Results Likely to Fall Short
The company estimates that its formal guidance for 2025 will top out at about $30 in earnings per share.Business - The Wall Street Journal - October 15 -
ASML share plunge wipes over $50 billion off Dutch chip giant's value
ASML published its third-quarter earnings Tuesday, a day earlier than expected.Business - CNBC - October 16