Inflation Fears Prompt Speculation of Further Bank of England Rate Hikes
The Bank of England is facing mounting pressure to further increase base rates amid persistent inflation fears. The UK’s inflation…
Renault anticipates improved profitability following Q3 revenue growth
Renault (EPA:RENA), the French auto manufacturer, has reaffirmed its annual financial outlook after witnessing growth in its Q3 revenue and…
Nestle misses nine-month sales estimates, expects volume upturn by year-end
(Reuters) – Nestle posted lower-than-expected nine-month sales growth on Thursday as higher product prices made shoppers balk, sending shares down…
Google to manufacture smartphones in India starting with Pixel 8
(Reuters) – Alphabet Inc will start manufacturing in India and will partner with international and domestic manufacturers to produce its…
Netflix raises prices and adds subscribers, despite strikes
(Reuters) – Netflix increased subscription prices for some streaming plans in the United States, Britain and France on Wednesday as…
China’s Huawei sells 1.6 million Mate 60 Pro handsets in six weeks – research firm
(Reuters) – Huawei Technologies has sold 1.6 million of its Mate 60 Pro handsets in six weeks, a research firm…
Beijing weighs delaying approval of $69 billion Broadcom-VMware deal- FT
(Reuters) – Beijing is weighing holding up US chipmaker Broadcom (NASDAQ:AVGO) Inc’s $69 billion purchase of cloud computing company VMware…
Asian stocks slip as bonds sell-off, Middle East tension weigh
(Reuters) – Asian shares slid on Thursday as risk aversion prevailed due to mounting worries over Middle East conflict, while…
Bankrupt drugstore chain Rite Aid raises going concern doubts
(Reuters) – U.S. drugstore chain Rite Aid (NYSE:US90274J5618=UBSS) raised concerns about its ability to remain in business in a regulatory…
V.F. Corp. jumps as Engaged Capital reveals stake in North Face owner
V.F. Corp. (NYSE:VFC) shares jumped 11% Tuesday after activist investor firm Engaged Capital said it has built a position in…