Prada buys New York Fifth Avenue store building for $425 million
(Reuters) – Italian fashion house Prada (OTC:PRDSY) has paid $425 million to buy the building on Fifth Avenue in New…
ByteDance sales surged above $110 billion in 2023 – Bloomberg News
TikTok-owner ByteDance’s sales climbed to more than $110 billion this year, suggesting a possible growth rate greater than rival Tencent,…
Russian court fines Google $50.8 million over ‘fake’ Ukraine information -TASS
(Reuters) – A Russian court fined Alphabet (NASDAQ:GOOGL)’s Google on Wednesday 4.6 billion roubles ($50.84 million) for failing to delete…
India stocks lower at close of trade; Nifty 50 down 1.41%
India stocks were lower after the close on Wednesday, as losses in the Power, Public Sector Undertakings and Metals sectors…
European stocks rise, boosted by sharp slowdown in U.K. inflation
European stock markets rose Wednesday, with the FTSE 100 index leading the way as cooling U.K. inflation adding to mounting…
Diageo faces fight to regain investor confidence as Mexican sales slow
(Reuters) -Diageo faces a battle to win back some investors’ trust following last month’s profit warning as the Johnnie Walker…
Austria’s RBI and Strabag in share deal to weaken Russia ties
(Reuters) – Austria’s Raiffeisen Bank International, one of the banks in Europe most exposed to Russia, said on Tuesday it…
US court slaps down stock buyback rule over SEC ‘defects’
(Reuters) – The U.S. Securities and Exchange Commission’s bid to force companies to disclose more details about their share buyback…
FedEx plunges 10% on Q2 miss & guidance cut
FedEx (NYSE:FDX) shares dropped nearly 10% in pre-market Wednesday after the company reported FQ2 results that missed analyst expectations. Q2…
Australian court fines Airbnb over misleading accommodation pricing
(Reuters) – The Australian Federal Court has ordered Airbnb to pay A$15 million ($10.1 million) in penalties and up to…