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Ulta Beauty shares rise in first-quarter

Bloomberg Ulta Beauty Inc reported first-quarter comparable sales that beat expectations, showing that makeup usage is making a recovery. Comparable sales, a key metric for retailers, rose 66% for the quarter — above the 39% average analyst estimate compiled by Bloomberg. The beauty retailer raised its outlook for 2021, with net sales now seen in a range of $7.7 billion ...

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US allies urge China to allow ‘unfettered access’ to Xinjiang

Bloomberg The leaders of Australia and New Zealand have urged China to give outside observers “unfettered access” to Xinjiang, a move that is likely to draw criticism from Beijing. Australian Prime Minister Scott Morrison and New Zealand’s Jacinda Ardern “expressed grave concerns about the human rights situation” in China’s far western region and said the United Nations and others should ...

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