Domino’s beats profit estimates as costs ease; focus on Uber Eats deal
By Granth Vanaik (Reuters) -Domino’s Pizza on Monday beat Wall Street estimates for quarterly profit, supported by easing supply chain…
July 24, 2023
UK homebuilders under pressure as lofty mortgages deter first-time buyers
By Aby Jose Koilparambil (Reuters) – British homebuilders are building fewer homes, cutting down on land purchases and offering more…
Meme stock AMC jumps as investors cheer stock conversion plan halt
By Medha Singh (Reuters) -Shares of retail traders’ favorite AMC Entertainment Holdings soared on Monday after a U.S. court blocked…
Tesla to discuss factory plan for new $24,000 car with India commerce minister -source
By Aditi Shah and Aditya Kalra NEW DELHI (Reuters) – Tesla representatives are set to meet India’s commerce minister this…
Public Storage to acquire Simply Self Storage for $2.2 billion
(Reuters) -Self-storage operator Public Storage said on Monday it has entered a deal to buy Simply Self Storage from Blackstone…
Mexico’s July inflation eases to lowest in two years
(Reuters) -Mexico’s headline inflation rate eased to 4.79% in the first half of July to its lowest level in more…
Wall Street heavyweights mixed ahead of Nasdaq 100 rebalance
(Reuters) -Shares of Wall Street’s most valuable companies were mixed on Friday ahead of a rebalance of the Nasdaq 100…
China property giants tumble as cash crunch bites
By Jason Xue and Tom Westbrook SHANGHAI/SYDNEY (Reuters) -Stocks and bonds in China’s real estate industry fell to around eight-month…
Terra Firma founder Guy Hands steps down from company’s helm
LONDON (Reuters) -Guy Hands, one of Britain’s highest profile financiers, has stepped down as chairman of Terra Firma Capital Partners,…
Philips shares retreat after fourth straight drop in order intake
By Diana Mandia (Reuters) -Health technology group Philips posted a fourth straight drop in order intake on Monday and warned…