Brazil Retailers Hunt For M&A Deals To Compete For E-Commerce Dominance
In March last year, Oziel da Silva Santos needed a new TV but with stores closed due to COVID-19 restrictions in…
New York Times Digital Subscription Growth Slows To Lowest In Three Years
The New York Times Co's (NYT.N) quarterly digital subscription growth slowed to its lowest in three years as the…
Facing Calls To Quit, Malaysia’s Prime Minister Says He Will Prove His Legitimacy…
Malaysia’s embattled Prime Minister Muhyiddin Yassin said Wednesday he will put himself through a vote of…
Factbox: China’s Key Commodities Targeted By Beijing’s Recent Measures
As a key producer, importer and consumer of most of the world's major commodities, China is uniquely sensitive to…
Tyson Foods, Microsoft Mandate Vaccinations, U.S. Automakers Mask Up
Tyson Foods Inc (TSN.N), Microsoft Corp (MSFT.O) and Detroit's Big Three automakers joined a growing list of U.S.…
Toyota, Honda Beat Profit Estimates But Warn Of Extended Chip Crunch
Toyota Motor Corp (7203.T) posted record quarterly earnings and Honda Motor Co (7267.T) raised its annual profit…
Ether Falls 1% Ahead Of Major Upgrade To Ethereum Network
Ether fell about 1% on Wednesday ahead of a technical adjustment to its underlying ethereum blockchain that would…
Sony Posts Record Q1 Profit On Pandemic Demand For Devices And Content
Sony Corp (6758.T) raised its earnings outlook on Wednesday after a record first-quarter operating profit helped by…
Stocks making the biggest moves premarket: General Motors, CVS Health, Kraft…
General Motors (GM) – General Motors missed the consensus estimate of $2.23 per share with an adjusted…
General Motors Misses Wall Street Second-Quarter Earnings Expectations, Raises…
General Motors missed Wall Street’s earnings expectations for the second-quarter despite a strong profit and…
Elon Musk’s Photos Show SpaceX Rolling Out Its Massive Rocket Booster For Starship
SpaceX on Tuesday rolled out the rocket booster that the company plans to use to launch the first Starship orbital…
CENTRAL BANKS Inflation Pressure To Test Bank Of England’s Patience At Key…
Economists broadly expect the Bank of England’s Monetary Policy Committee to raise its inflation forecasts on…
Janet Yellen, United State Treasury secretary Says Enacting Biden’s Agenda Key To…
Treasury Secretary Janet Yellen will warn Wednesday that enacting President Joe Biden’s economic agenda is…
Indian Shares Hit Record Highs As Investors Focus On Earnings And Interest Rate…
Indian shares hit a record high on Wednesday as investors remained upbeat in the middle of corporate earnings…
ECONOMY Household Debt Jumps By The Most In 14 Years To Nearly $15 Trillion In The…
Household debt rose by its highest dollar amount in 14 years during the second quarter, thanks mostly to a surge in…
Made in China’ Products Are Running Into New Logistics Problems
Chinese companies wanting to go global are running into shipping problems.
Access to cheap manufacturing at home…
After $75b Investments In 20 Years, Telecoms Service Still Struggling
Twenty years after the Nigerian Communications Commission (NCC) licensed the first two Mobile Network Operators…
Kiwi Dollar, Aussie Jump On Central Bank Talk
The New Zealand and Australian dollar were the biggest gainers among major currencies on Tuesday, helped by talk…
Oil Falls A Second Day With Delta’s Spread Threatening Demand
Oil fell for a second day as the spread of the delta coronavirus variant, including in the key market of China,…
Sterling Gains On Optimism For UK’s COVID-19 Restrictions Outlook
Sterling rose on Tuesday, helped by recent falls in COVID-19 infections in Britain, optimism around Britain's…
UK Inflation Forecast To Hit 3.9% In Early 2022
UK consumer price inflation has been forecast to hit 3.9% next year, a think tank said on Monday.
The…
Moscow Exchange To Extend Bond Trading Hours To Attract Retail Investors
The Moscow Exchange (MOEX) plans to extend the hours during which bonds can be traded from this autumn in a move…
Africa’s Most Populous City Is Battling Floods And Rising Seas. It May Soon…
Lagos, Nigeria (CNN)Cars and houses submerged in water, commuters wading through buses knee-high in floods, and…
Dollar On Back Foot Vs Safe-Haven Peers As Delta Virus Spreads
The dollar was on the back foot against the safe-haven yen and Swiss franc on Tuesday after soft U.S. manufacturing…
China’s Yuan Slips As Domestic Coronavirus Cases Rise
China's yuan weakened on Tuesday
as a surge of coronavirus cases of the Delta variant in the
country…
Businesses Face Many Challenges In Nigeria, Says US Envoy
The United States Consul General in Nigeria, Claire Pierangelo, has said that businesses in Nigeria face many…
Marvell Tech To Acquire Innovium For $1.1 Bln As It Courts More Cloud Customers
Marvell Technology Inc (MRVL.O) on Tuesday said it has agreed to acquire chip startup Innovium in a $1.1 billion…
Amazon Warehouse Workers Overwhelmingly Rejected A Union. Now They May Vote Again
A U.S. labor board official has recommended a rerun of a landmark Amazon.com Inc (AMZN.O) union election in Alabama…
UK Takeovers Hit 14-Year High In First Seven Months Of 2021
Takeovers of British companies hit a 14-year high by value in the first seven months of 2021, Refinitiv data…
Hong Kong Regulator Fines UBS $1.5 Mln For Compliance Breaches
Swiss bank UBS (UBSG.S) was fined HK$11.55 million ($1.5 million) by Hong Kong's securities regulator for failing…