LONDON (Reuters) - The owners of the World Rally Championship's commercial arm are exploring options including a possible sale of the business, seeking to bring in cash at a time of high valuations for sports media rights, according to people familiar with the matter. The owners, Austrian drink group Red Bull and German investment company KW 25, are working with...

* Scott Boatwright named Chipotle's interim CEO, worked closely with predecessor Niccol since 2018 * Investors confident in Chipotle's growth despite Niccol's departure for Starbucks' ( SBUX ) top job * During Niccol's Chipotle tenure, sales doubled and stock tripled By Ananya Mariam Rajesh Aug 15 (Reuters) - Chipotle Mexican Grill's ( CMG ) future may not be as bumpy...

LONDON (Reuters) - The owners of the World Rally Championship's commercial arm are exploring options including a possible sale of the business, seeking to bring in cash at a time of high valuations for sports media rights, according to people familiar with the matter. The owners, Austrian drink group Red Bull and German investment company KW 25, are working with...

(Reuters) - Alibaba Group Holding ( BABA ) missed market expectations for first-quarter revenue on Thursday, as the company's domestic e-commerce sales came under pressure from cautious spending by Chinese consumers in a faltering economy. U.S.-listed shares of the company fell about 4% in premarket trading. A halting post-COVID recovery in China coupled with a persistently weak property market and...