U.S. multinationals fear fallout from U.S.- China audit row

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Global stocks drift amid wait for US Fed signsComments Off

Asian stocks got a slight boost from Wednesday from positive U.S. economic figures that reinforced expectations of eventual Fed rate hikes and a stronger dollar, while European markets drifted lower.

Eastern European woes weigh on Carlsberg profitsComments Off

Danish brewer Carlsberg says uncertainty in its eastern European and vast Russian market continued to weigh on its financial performance during the second-quarter of the year.

Heineken reports sales, profit drop in first halfComments Off

Heineken NV, the Amsterdam-based brewer, has reported first half earnings showing a small drop in both revenues and profits — but says its underlying performance was good.

NYC’s Met opera still negotiating with 10 unionsComments Off

Contract negotiations are continuing between New York’s Metropolitan Opera and 10 of its unions to avert a lockout.

Macy’s to pay $650,000 in shopper-profiling probeComments Off

The retailer Macy’s has agreed to pay $650,000 to settle allegations of racial profiling at its flagship store in Manhattan’s Herald Square.

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