Macy's shares surge on smaller-than-expected sales drop, improved margins
Macy's on Thursday reported an improvement in margins and a lower-than-expected drop in quarterly sales, sending its shares
2023-11-16 20:23
Walmart lifts targets as shoppers pick low-priced groceries for the holiday
Walmart raised its annual sales and profit forecast on Thursday for the second straight quarter, signaling a strong
2023-11-16 20:22
Walmart Lifts Profit Outlook, Stays Cautious on US Consumers
Walmart Inc. modestly raised its annual profit forecast but struck a cautious tone about the outlook for US
2023-11-16 20:15
Young’s to Buy City Pubs for £162 Million as Bars Suffer
Shares in City Pub Group Plc soared more than 30% after it agreed to a £162 million ($201
2023-11-16 19:48
Vitol Buys BP’s Turkish Gas Stations, Upping Downstream Bet
Vitol’s Petrol Ofisi agreed to buy BP Plc’s gas station operations in Turkey, as the world’s biggest independent
2023-11-16 19:24
Factbox-Global economy to slow down but likely avoid recession in 2024
Some of the major banks in the world expect global economic growth to slow further in 2024, squeezed
2023-11-16 19:15
Mars to Pay 170% Premium to Take Over Britain’s Hotel Chocolat
Mars Inc., the US candy company, agreed to buy Britain’s Hotel Chocolat Group Plc for £534 million ($662
2023-11-16 18:51
‘Everything’s Locked Up’: Shoppers Turn to Amazon as Big-Box Retailers Combat Theft
Like many shoppers, New Yorker Sarah Henry is accustomed to retailers locking up products to thwart thieves. But
2023-11-16 18:51
Elliott-Backed Venture Leads Bid for Langham Portfolio
Elliott Management Corp. and Oval Real Estate Ltd. have been selected as the preferred bidders to buy a
2023-11-16 18:27
Poland's Allegro shares weighed down by international weakness
(Reuters) -Poland's biggest e-commerce platform Allegro expects losses in its international segment in the fourth quarter, it said on Thursday,
2023-11-16 18:20
Temasek-Backed Carsome Cutting Hundreds of Jobs to Reach Profit
Carsome Group, which operates a Southeast Asian used-car online marketplace, is cutting hundreds of jobs to reduce costs
2023-11-16 17:55
UK Households Face 5% Rise in Energy Bills as Winter Sets In
British households are facing a 5% increase on their energy bills from January, when the regulator is set
2023-11-16 17:53