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StarbucksÔÇÖ China challenger Luckin raises $561 million in U.S. IPO

NEW YORK/HONG KONG (Reuters) ÔÇô Luckin Coffee Inc, the Chinese challenger to Starbucks Corp, on Thursday priced its U.S. initial public offering at the top end of its targeted range and sold more shares than planned in the biggest U.S. float by a Chinese firm this year. The Beijing-based coffee chain raised $561 million by selling 33 million American depositary shares (ADS), more than the 30 million it originally said ...

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Singapore Airlines says its order for 31 Boeing 737 MAX jets ÔÇÿintactÔÇÖ

SINGAPORE (Reuters) ÔÇô Singapore Airlines CEO Goh Choon Phong said on Friday that an order for 31 737 MAX jets from Boeing remains ÔÇ£intactÔÇØ, despite deadly crashes involving the aircraft. The airlineÔÇÖs regional arm, SilkAir, operated six Boeing Co 737 MAX jets before they were grounded in March following crashes in Ethiopia and Indonesia. Singapore Airlines reported its highest-ever annual revenue on Thursday, but that failed to lift profits which ...

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Consumer bodies seek to force Alibaba portal to honor EU shoppersÔÇÖ rights

BRUSSELS (Reuters) ÔÇô Consumer bodies from Belgium, France, Italy, the Netherlands, Portugal and Spain on Friday urged their national consumer protection agencies to act against AlibabaÔÇÖs online shopping portal for allegedly setting unfair terms for EU users. The complaints against Chinese e-commerce giant AlibabaÔÇÖs AliExpress echoed a similar grievance by the Luxembourg consumer body to its national authority earlier this year which wants the issue to be tackled on a ...

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Harvey WeinsteinÔÇÖs former film studio seeks to liquidate in bankruptcy

(Reuters) ÔÇô The film studio once run by Harvey Weinstein said it plans to liquidate in bankruptcy, as it tries to resolve civil lawsuits against former directors and officers arising from sexual misconduct claims against the onetime Hollywood mogul. Lawyers for Weinstein Co asked a Delaware bankruptcy judge to convert the studioÔÇÖs bankruptcy to a Chapter 7 liquidation from the Chapter 11 case filed in March 2018, according to papers ...

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SpaceX to launch first satellites for MuskÔÇÖs Starlink internet service

CAPE CANAVERAL, Fla. (Reuters) ÔÇô Elon MuskÔÇÖs SpaceX was due to launch 60 small satellites into low-Earth orbit on Wednesday, part of his rocket companyÔÇÖs plan to sell Internet service beamed from space to fund his grander interplanetary ambitions. The billionaire entrepreneur and chief executive officer of Tesla Inc was set to brief reporters on the Starlink satellite-based internet business ahead of the launch from the Cape Canaveral Air Force ...

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MacyÔÇÖs same-store sales tops expectations; shares rise 7%

(Reuters) ÔÇô MacyÔÇÖs Inc topped Wall Street estimates for quarterly same-store sales on Wednesday, benefiting from increased digital sales and higher demand for discounted luxury items sold at its off-price stores, sending its shares up 7%. Sales at MacyÔÇÖs stores open more than 12 months, including sales in department stores licensed to third parties, rose 0.7%, above the average analyst estimate of a 0.3% rise, according to research firm Consensus ...

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ChinaÔÇÖs retail sales growth falls to 16-year low as trade war risks rise

BEIJING (Reuters) ÔÇô China on Wednesday reported surprisingly┬áweaker┬ágrowth in retail sales and industrial output for April, adding pressure on Beijing to roll out more stimulus as the trade war with the United States escalates. Clothing sales fell for the first time since 2009, suggesting Chinese consumers were growing more worried about the economy even before a U.S. tariff hike on Friday heightened stress on the countryÔÇÖs struggling exporters. Overall retail ...

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05/16/2019 ÔÇô Rifle Rendezvous Festival

EngageNewswire.com is a high ranking online magazine featuring quality content. 05/16/2019 ÔÇô Rifle Rendezvous Festivalhttp://rifleareachamber.chambermaster.com/events/details/rifle-rendezvous-festival-9133http://rifleareachamber.chambermaster.com/Feed/rss/UpcomingEvents.rssTOP 10 Community Events YouÔÇÖll Not Want To Miss!Upcoming Events for Rifle Area Chamber of Commerce EngageNewswire.com EngageNewswire.com is a high ranking blog, press release and news publishing website. We publish content from trusted sources. ...

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05/23/2019 ÔÇô Teen Night

EngageNewswire.com is a high ranking online magazine featuring quality content. Teen Night is held the fourth Thursday of the month at the Stone House. All teens are invited to come createon their own or with instructor.┬á Supplies included. Source Article from http://rifleareachamber.chambermaster.com/events/details/teen-night-05-23-2019-769905/23/2019 ÔÇô Teen Nighthttp://rifleareachamber.chambermaster.com/events/details/teen-night-05-23-2019-7699http://rifleareachamber.chambermaster.com/Feed/rss/UpcomingEvents.rssTOP 10 Community Events YouÔÇÖll Not Want To Miss!Upcoming Events ...

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