Bloomberg Starbucks Corp. shares pared an earlier loss in late trading after the company released an updated forecast that only projects a slight impact on profits despite a surge in costs related to labor and the ongoing pandemic. The company now sees earnings per share falling 4% to 6% in its current fiscal year, versus a prior view ...

  Bloomberg Sydney Airport shareholders overwhelmingly approved a A$23.6 billion ($17 billion) deal to sell the company to a consortium of funds, transferring Australia’s main international gateway to private ownership after the pandemic hammered earnings. Some 96% of votes cast at a shareholder meeting on Thursday backed the sale to a group led by IFM Investors Pty for A$8.75 a ...

  Bloomberg Vladimir Putin and Xi Jinping closed ranks against the US and its allies on key security issues as they declared that there’s no limit and “no forbidden zones” in the friendship between Russia and China. At their first in-person meeting in more than two years Friday, Putin and Xi said in a joint statement that China “treats with ...