Aussie grocers to reap upbeat profits on sticky inflation; consumer behaviour key
(Reuters) – Australian supermarkets are set to report stronger full-year earnings as decades-high inflation propped shelf prices, but outlook on…
Dow futures steady after losing week
U.S. stock futures were trading slightly higher during Sunday’s evening deals, following a weekly decline among benchmark averages as monitored,…
Exclusive-Walmart, Centric probe suppliers for potential links to Cambodia women’s prison
(Reuters) – Walmart (NYSE:WMT) and Centric Brands are investigating their supply chains in Cambodia over allegations that inmates at the…
Westpac flags higher expenses in quarterly update; shares drop
(Reuters) – Westpac Banking (NYSE:WBK) Corp on Monday posted a quarterly cash profit of A$1.8 billion ($1.15 billion), in line…
Citi mulls plan to split Institutional Clients Group in overhaul – FT
(Reuters) -Citigroup CEO Jane Fraser is considering a plan to disband the bank’s biggest division, the Financial Times reported on…
Asia stocks slip as China stays stingy on stimulus
(Reuters) – Asian stocks stumbled on Monday after China delivered a smaller cut to lending rates than markets had counted…
European shares rise on energy, healthcare boost
(Reuters) – European shares advanced on Monday after energy stocks tracked global crude prices higher and as a strong performance…
Analysis – China’s EV makers face cost and consumer challenges to conquer Europe
(Reuters) – China’s electric vehicle (EV) makers, which have raced past foreign rivals to top sales rankings at home, are…
Tesla continues waging price war; VinFast makes U.S. debut: This week in EVs
VinFast makes an entrance Vietnamese electric-vehicle maker VinFast (NASDAQ:VFS) marked its inaugural appearance on the U.S. stock exchange this past…
European stocks higher; German inflation retreats, China cuts interest rate
European stock markets edged higher Monday, helped by a hefty drop in German producer prices even after China’s smaller-than-expected rate…