However, the company said that its comparable sales turned positive during the last six weeks of the second quarter with 1% growth.51 per share, in the quarter ended Aug.
The Indonesia model could become a template for Whatsapp to adopt in other emerging markets to get around regulations on foreign players creating their own digital wallets, the sources said.The Indonesia plan comes after Facebook CEO Mark Zuckerberg announced earlier this year that it would be rolling out WhatsApp payments to “some countries”.
FILE PHOTO: The logo of Deutsche Bank is pictured on a company's office in London, Britain July 8, 2019.Since Deutsche Bank embarked 20 years ago on its ultimately failed but costly drive to become a Wall Street trading powerhouse, a lot has changed in its domestic market.
FILE PHOTO - An Airbus A380 of German air carrier Lufthansa is pulled for technical maintainance at the airport in Frankfurt, Germany, February 12, 2019.REUTERS/Kai PfaffenbachFRANKFURT (Reuters) - German carrier Lufthansa (LHAG.
FILE PHOTO: An oil tanker is being loaded at Saudi Aramco's Ras Tanura oil refinery and oil terminal in Saudi Arabia, May 21, 2018.5 trillion valuation, Aramco would be the world’s largest public company.
NEW YORK (Reuters) - Corporate America is responsible for providing economic benefits to all, not just its investors, the Business Roundtable group said on Monday.The group’s “statement of corporate purpose” was signed by the heads of more than 180 U.
(Reuters) - Elanco Animal Health (ELAN.6 billion, creating the second largest animal health business and expanding Elanco’s reach online.
2-year/10-year yield curve after it inverted last week may have given investors hope that the United States can escape recession.That curve inverted in March, steepened in April and then inverted again.
FILE PHOTO: Huawei founder Ren Zhengfei attends a panel discussion at the company headquarters in Shenzhen, Guangdong province, China June 17, 2019.companies to supply existing customers, but it also moved to add more than 40 of Huawei’s units to its economic blacklist.
FILE PHOTO: FCA Chairman John Elkann is seen before an event at the Bocconi University in Milan, Italy May 27, 2019.(Reuters) - Italian premium sports car maker Ferrari NV (RACE.
The “temporary general license” will be extended for Huawei for 90 days, the sources said.An extension will renew an agreement set to lapse on August 19, continuing the Chinese company’s ability to maintain existing telecommunications networks and provide software updates to Huawei handsets.
REUTERS/Kim Kyung-Hoon(Reuters) - Japan's SoftBank Group Corp (9984.T) is planning to lend up to $20 billion to its employees, including Chief Executive Masayoshi Son, to buy stakes in its second Vision Fund, the Wall Street Journal reported on.
FILE PHOTO: Argentina's Treasury Minister Nicolas Dujovne gestures during a news conference in Buenos Aires, Argentina April 22, 2019.“We have made mistakes as well, without a doubt, we never hesitate to recognize that and did all that was possible to correct them,” he added.
NEW YORK (Reuters) - Lower U.homebuilder stocks, even as they raise worries about the economy, while a bonanza of industry data and Federal Reserve speakers next week are likely to help shape the outlook.
REUTERS/Aly SongWASHINGTON (Reuters) - The Trump administration is sparing some Chinese-made household furniture, baby items and internet modems and routers from its next rounds of 10% tariffs, it said on Friday.The U.
A logo of Standard Chartered is displayed at the financial Central district in Hong Kong, China November 23, 2017.L) is facing a fine for failing to prevent sanctions breaches, Sky News reported on Saturday.
If sustained, it will likely stir the debate about whether there is even a need in the long term for an elongated trading day.Products like exchange-traded funds (ETFs) and hedge funds typically use end-of-day prices set during the closing auctions for their daily pricing.
FILE PHOTO: Shoppers walk past the first 'till-free' Sainsbury's store in London, Britain, May 1, 2019.L) is not talking to internal candidates about succession plans to Chief Executive Officer Mike Coupe and he has the full support of company’s shareholders and the board, a company spokesperson told Reuters late on Saturday.
stock futures were pointing to a 200-point gain for the Dow Jones Industrial Average at the Friday open, capping a wild week on Wall Street.The Dow bounced up 100 points Thursday, a day after losing 800 points, or 3%, in the worst session of 2019.