Business & Finance News
U.S. stock index futures inched higher on Tuesday as global markets bounced back from concerns of weakness in Turkish currency, with gains in technology stocks lifting sentiment.
Home Depot Inc on Tuesday reported second-quarter sales that beat Wall Street estimates and revised its earnings forecast for the year, boosted by a rebound in demand for seasonal merchandise and as more shoppers made purchases.
Global investors remain overwhelmingly bullish on U.S. and Chinese tech shares, while short positions on emerging equities are growing increasingly popular, Bank of America Merrill Lynch’s latest monthly fund manager survey showed on Tuesday.
Coca-Cola Co is buying a minority stake in a sports drink brand backed by basketball star Kobe Bryant, it said on Tuesday, seeking to mount a stronger challenge to top energy drink Gatorade.
Home Depot Inc’s second-quarter sales at established stores beat Wall Street forecasts, boosted by a rebound in demand for seasonal merchandise.
Home Depot Inc’s second-quarter comparable-store sales beat Wall Street forecasts on Tuesday, boosted by a rebound in demand for seasonal merchandise.
Novartis has recruited a new chief ethics officer from Siemens after costly bribery scandals and a disputed $1.2 million contract with President Donald Trump’s former lawyer that the Swiss drugmaker now calls a mistake.
Dubai’s DAMAC Properties , owner and operator of the only Trump-branded golf club in the Middle East, is confident of its financial position despite registering its worst quarter in terms of booked sales since the company went public five years ago, its chief financial officer said.
World share markets regained their footing on Tuesday as the threat from the collapse of the Turkish lira ebbed and reassuring German data offset signs of slowing growth in China.
Buyout group Carlyle is starting preparations for a stock market listing of German speciality chemicals group Atotech, a former part of oil group Total which could be valued at around $5 billion, people close to the matter said.
Japanese discount retailer Don Quijote Holdings Co Ltd was once the industry’s enfant terrible, overturning standard retail practices with its cluttered and chaotic stores that sell everything from faux leopard-skin rugs to designer watches.
Buyout group Carlyle is starting preparations for a stock market listing of German speciality chemicals group Atotech, a former unit of oil group Total , which it bought for $3.2 billion two years ago, people close to the matter said.
Asian share markets fought to regain their footing on Tuesday as tremors from the collapse of the Turkish lira ebbed, though sentiment took a fresh knock when Chinese economic data proved softer than expected.
South Korea’s transport ministry said on Tuesday it would ban some 20,000 BMW vehicles from the streets amid mounting public fears about engine fires.
Last year, Brazilian farmer Gustavo Lopes sized up his sugarcane plantation against his soybean fields.
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