Britain’s Tesco expands rapid delivery trial

[ad_1] LONDON, June 18 (Reuters) – Tesco (TSCO.L), Britain’s biggest supermarket group, has extended a one-hour delivery trial as it tests consumers’ appetite for the service, its boss said on…

European stocks end at record high on robust earnings

[ad_1] China concerns dent luxury stocks Food delivery stocks fall on DoorDash-Wolt deal M&S tops STOXX 600 on strong results Nov 10 (Reuters) – European stocks closed at a record…

Alibaba’s breakup lifts hopes China’s regulatory winter is thawing

[ad_1] March 29 (Reuters) – Investors cheered a major revamp of Alibaba Group (9988.HK) as a sign Beijing’s crackdown on the corporate sector was nearing an end, sending shares of…

Europe feasts on ‘sublime’ IPO bonanza in 2021. Is it getting bloated?

[ad_1] LONDON, July 1 (Reuters) – European stock market listings hit their highest level for 14 years in the first half of 2021 as unprecedented monetary stimulus and pent-up demand…

S&P 500 closes at record high as Apple, healthcare stocks help shrug off Delta worries

[ad_1] Dupont, Discovery slide despite strong earnings Translate Bio surges on sale to Sanofi in $3.2-bln deal Focus on services sector data, jobs report this week Indexes up: Dow 0.8%,…

Sweden’s H&M to lay off 1,500 staff in drive to cut soaring costs and rescue profits

[ad_1] H&M to cut 1,500 jobs as part of cost-cutting drive The firm is challenged by stiff competition and rising costs Books restructuring charge of $75.8 mln in fourth quarter…

Factbox: Which companies are affected by SVB collapse?

[ad_1] March 13 (Reuters) – Startup-focused lender SVB Financial Group (SIVB.O) last week became the largest bank to fail since the 2008 financial crisis, sending ripples across the globe as…