A potential Airbus-Bombardier tie-up is off Airbus quashed expectations of a possible tie-up with Bombardier late on Tuesday, hours after it was reported the two were discussing an investment deal.
| By: CNBC.com with Reuters
UPDATE 2-Faint corporate praise for TPP as winners, losers sought SYDNEY/ WASHINGTON, Oct 6- Early industry reaction to a long-sought trade agreement reached between 12 Pacific Rim countries on Monday amounted to faint praise that it could have been worse and umbrage that the United States appeared to be the biggest winner. U.S. companies including Citibank Inc, Honeywell International Inc and Gap Inc cheered the conclusion...
| By: Jane Wardell and Krista Hughes
UPDATE 2-Yum shares tumble after warning on China, currency moves Oct 6- Yum Brands Inc cut its full-year profit forecast, citing a slower-than-expected recovery in its key market of China and a heavier drag from the strong U.S. dollar, sending its shares down 17.5 percent in after-hours trading on Tuesday. China is Yum's biggest market for profit and sales, and its challenges there appear to be changing from improving its...
| By: Lisa Baertlein
UPDATE 1-Yum China 3rd qtr restaurant sales up far less than expected, shares tumble Oct 6- Yum Brands Inc said on Tuesday sales at established restaurants in its top market of China rose far less than expected for the third quarter, sending its shares down more than 17 percent in extended trading. China is Yum's biggest market for profit and sales, and its challenges there appear to be changing from reputational to economic.
| By: Lisa Baertlein
TREASURIES-U.S. bond prices rise on growth worries *Treasury sells $24 billion in 3- year note auction. The Treasury Department will sell $21 billion in 10- year notes on Wednesday and $13 billion in 30- year bonds on Thursday. An earlier bout of selling had pushed yields higher but they later fell as prices rose after International Monetary Fund downgraded its forecast on global growth for the second time this...
| By: Tariro Mzezewa
Yum China Q3 restaurant sales up far less than expected, shares tumble Oct 6- Yum Brands Inc on Tuesday said sales at established restaurants in China rose far less than expected for the third quarter, sending shares down nearly 17 percent in extended trading. Sales at China KFC and Pizza Hut restaurants open at least one year rose 2 percent, less than the 9.6 percent jump analysts had expected, according to research firm Consensus...