BLOOMBERG General Mills Inc cut its organic-sales-growth outlook after slower-than-expected volume recovery and cautious consumer behaviour lowered expectations for the full year. “We’re seeing consumers continue to display stronger-than-anticipated value-seeking behaviors across our key markets, and this dynamic is delaying volume recovery in our categories,” Chief Executive Officer Jeff Harmening said in prepared remarks. The company has also faced stiffer ...

BLOOMBERG China has signed off on the first direct delivery of a Boeing Co 787 jet in four years, an indication strained US-China trade relations may be easing and a potential precursor to the more significant resumption of 737 Max deliveries. Juneyao Airlines Co, one of China’s largest privately owned carriers, took delivery of its newest 787 Dreamliner, in a ...

ABU DHABI / WAM The Transition Investment Lab (TIL) has officially joined Stern at NYU Abu Dhabi, further strengthening the one-year full-time MBA Programme’s offerings and expertise in the field of impact investing and global finance related to sustainability. TIL is a centre of excellence and knowledge hub for impact finance and sustainability research, with special reference to sovereign wealth ...