Bloomberg Concern about Asiana Airlines’ liquidity is rising after two rating firms warned its debt score may be cut to junk due to a lack of transparency in its 2018 financial report. The South Korean carrier’s BBB- rating, the lowest investment-grade level, was put on negative review by both Korea Investors Service and NICE Investors Service after Asiana got a ...

Bloomberg This might sound familiar to Nike Inc investors. The world’s largest sportswear company delivered strong third-quarter earnings, but missed on one important metric: North American sales. The home market dogged Nike for much of 2017 and early 2018, and the latest sales miss sent the shares down as much as 4.3 percent in New York. Third-quarter sales in Nike’s ...

Bloomberg France and Italy, already tussling over everything from immigration to economics, have added sunglasses to their list of grievances. When Ray-Ban owner Luxottica and French prescription lens-maker Essilor completed a $53 billion merger last October, the deal seemed to clear the way for the Italian company’s 83-year-old founder Leonardo Del Vecchio to hand over management duties and start transferring ...