Hong Kong Hotels in Crisis as Protests Deter China Tourists

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Hong Kong Hotels in Crisis as Protests Deter China Tourists

“I fear I'm going to be beaten,” she told Bloomberg by telephone. Beijing resident Jasmine Ji, 23, said she'd delay a trip to Hong Kong to complete an
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Alibaba is poised to report slower revenue growth, but analysts still see a big rally ahead

Alibaba is expected to show slowing revenue growth after years of blockbuster earnings when it reports fiscal first quarter earnings on Thursday. Its profitability, however, is likely to be improved. Here’s what the market expects for Alibaba’s June quarter:.
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Doubts Linger About CBS-Viacom Merger

CBS’s all-stock acquisition of Viacom announced earlier this week that values the company at $11.8 billion hadn’t quelled concerns about the long-term prospects for both companies. For one thing, ViacomCBS would have a market value of about $30 billion, …
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Tesla CEO Elon Musk Calls Gas Vehicles 'So Last Century'

Tesla CEO Elon Musk once more took a swipe at gas-powered automakers calling their vehicles “so last century.” In a tweet over the weekend, Musk slammed gasoline-run vehicles and called them a “passing fad.” He went on to say that “gas cars are so …
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Telstra's full-year profits fall 40% on broadband network rollout

Telstra reported a 40 per cent slump in 2019 full year net profits on Thursday as the roll out of Australia’s national broadband network continued to depress the company’s earnings. The results, which were broadly in line with market expectations, show …
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