Carlsberg Falls After CEO Warns of Weak Consumer Spending

Carlsberg A/S shares fell after it reported a drop in volumes and warned consumers were continuing to pull back on spending. Overall organic volumes at the Danish brewer fell 1.7%, which was slightly worse than analysts had expected, with the company warning demand is...

China’s $11 Trillion Stock Market Stages Steady Resurgence

Chinese stocks have gained ground in recent months despite a lack of major catalysts, with ample domestic liquidity likely to sustain the rally. Mainland households, flushed with record-high savings, are turning to equities for better returns as interest rates...

Wendy’s Cuts Sales Guidance as US Consumers Tighten Belts

Wendy’s Co. cut its full-year sales guidance after posting a bigger-than-expected quarterly decline, highlighting the economic pressures weighing on the chain’s US business. The chain now expects global system-wide sales to fall between 3% and 5% this year, while it...

BofA’s Hartnett Says Stocks Hit by Outflows as Rally Stalls

Investors are pulling money from US equities and flocking into cash funds, Bank of America Corp.’s Michael Hartnett said, amid renewed concerns that sweeping tariffs are crimping economic growth. Nearly $28 billion was redeemed from US stocks in the week through Aug....