[ad_1] A look at the day ahead from Dhara Ranasinghe. U.S. and European bond yields are up sharply, stock market futures are deep in the red and oil is holding…
Tag: FDRT
Exclusive: Twitter to focus on video, commerce in business revamp
[ad_1] [1/2] A keyboard is placed in front of a displayed Twitter logo in this illustration taken February 21, 2023. REUTERS/Dado Ruvic/Illustration/File Photo June 16 (Reuters) – Twitter plans to…
Uber to cease food delivery in Italy, exit Israel
[ad_1] [1/2] The logo of Uber is seen at a temporary showroom at the Promenade road during the World Economic Forum (WEF) 2023, in the Alpine resort of Davos, Switzerland,…
Walmart-backed fintech ONE raises savings rate as battle for deposits heats up
[ad_1] NEW YORK, June 14 (Reuters) – ONE, a fintech company backed by Walmart Inc (WMT.N), is offering 5% interest on savings accounts of up to $100,000 as of Wednesday,…
South African food retailer Spar posts 30.3% fall in interim earnings
[ad_1] JOHANNESBURG, June 14 (Reuters) – South African food retailer Spar (SPPJ.J) on Wednesday posted a 30.3% fall in half-year earnings, led by inflationary pressures on consumers and increased operational…
French retailers Teract and Casino end exclusive tie-up talks
[ad_1] [1/2] A logo of French retailer Casino is pictured in Nantes, France, May 10, 2023. REUTERS/Stephane Mahe/File Photo PARIS, June 8 (Reuters) – French retailers Teract (TRACT.PA) and Casino…
Walmart reiterates goal of doubling international gross merchandise in five years
[ad_1] BENTONVILLE, Arkansas, June 2 (Reuters) – Walmart (WMT.N) still expects to double the amount of gross merchandise volume it sells in foreign markets to $200 billion in five years,…
Factbox: European companies cut jobs as economy sputters
[ad_1] May 5 (Reuters) – Decades-high inflation and the impact of war in Ukraine have forced companies across Europe into lay-offs or hiring freezes. Here are some of the companies…
South Africa’s Pick n Pay warns earnings may fall again if blackouts persist
[ad_1] JOHANNESBURG, May 4 (Reuters) – Pick n Pay’s (PIKJ.J) 2023 earnings may not exceed those of the previous year if rolling power cuts persist, the South African supermarket chain…
Exclusive: Subway comes up with debt plan to clinch $10 billion-plus sale
[ad_1] NEW YORK, April 30 (Reuters) – The bankers running the sale process for Subway have given the private equity firms vying for the sandwich chain a $5 billion acquisition…