Uber's post-pandemic growth is slowing
Uber has reported that its revenue ticked up 14% last quarter, marking a slower pace of growth than recent quarters when sales surged as riders returned to pre-pandemic habits.
2023-08-01 20:23
Stocks are having their best run since 2021. Can they beat the August doldrums?
US markets just wrapped up a winning July, with the S&P 500 and Nasdaq both notching their fifth positive month in a row.
2023-08-01 19:46
Defense firm Leidos raises annual revenue outlook on weapons demand
Leidos Holdings Inc on Tuesday raised its full-year revenue forecast as the defense contractor benefited from resilient weapons
2023-08-01 19:26
Hong Kong June retail sales up 19.6%; outlook seen favourable
HONG KONG Hong Kong's June retail sales rose 19.6% from a year earlier in the seventh consecutive month
2023-08-01 17:59
European Stocks Drop; UK Outperforms on HSBC and BP Earnings
European stocks dropped on Tuesday as earnings season rolled on. UK shares outperformed, helped by gains in BP
2023-08-01 16:45
HSBC raises outlook as profits nearly double
HSBC's profits have soared as it continues to cut costs and cash in on high interest rates around the world.
2023-08-01 14:21
Gold Demand in India Seen Declining to Lowest Since 2020
Gold purchases in India this year are forecast to drop to the lowest since the Covid-19 pandemic hit
2023-08-01 14:16
Central Banks’ Gold Demand Falls Again on Turkey’s Massive Sales
Central banks’ gold demand fell for a third straight quarter as massive sales by Turkey outshone buying elsewhere.
2023-08-01 14:15
Huge Chinese State Iron Ore Buyer Still an Unknown Quantity
A year after China set up a company that’s expected to become the world’s biggest iron ore buyer,
2023-08-01 13:50
Takeaways from presidential super PACs' mid-year financial disclosures
Super PACs backing presidential candidates released their semi-annual financial disclosures on Monday, with the group supporting Florida Gov. Ron DeSantis' bid for president leading the pack with a $130 million haul.
2023-08-01 13:17
Rio Tinto Looking at Possible Lithium Deals, Stausholm Says
Rio Tinto Group, the world’s biggest iron ore miner, is looking at a number of possible lithium acquisitions
2023-08-01 12:52
Hong Kong removes requirement to flag China risk in listing applications
By Selena Li and Kane Wu HONG KONG (Reuters) -Hong Kong's stock exchange will no longer require companies to spell
2023-08-01 08:26