Estee Lauder Cos Inc cut its full-year profit forecast on Thursday as it expects to take a hit from the ongoing unrest in Hong Kong and a stronger dollar, taking the sheen off its better-than-expected results and sending its shares down 5per cent.
GOLDMAN Sachs is weighing the sale of a part of its wealth business catering to high net worth clients, it said on Monday (Aug 21), as it shifts its focus back to serving the ultra-rich.
Hyundai Motor Co said it in was in early discussions with Apple after Korea Economic Daily TV reported that the two were in talks to cooperate on electric cars and batteries, sending Hyundai's shares surging 24per cent.
