Wendy’s U.S. Sales Disappoint As Inflation Crimps Consumer Spending
(Reuters) -Wendy’s Co missed Wall Street estimates for quarterly U.S. same-store sales growth on Wednesday, as Americans reined in their…
Reuters
TUI’s Disruption-hit Quarter Takes Shine Off Strong Summer Bookings
By Yadarisa Shabong (Reuters) -TUI, one of the world’s largest tour operators, took a 75 million euros ($77 million) hit…
Oil Drops On Druzhba Pipeline News And U.S. Inflation Expectations
By Rowena Edwards LONDON (Reuters) -Oil prices edged lower on Wednesday on expectations that Druzhba pipeline flows will resume shortly…
Apple Supplier Foxconn Cautious On Outlook As Smartphone Sales Slow
By Yimou Lee and Sarah Wu TAIPEI (Reuters) -Apple Inc supplier Foxconn gave a cautious outlook for the current quarter…
Shares Slip, Dollar Steady As Investors Await Inflation Data
By Sam Byford and Lawrence White TOKYO/LONDON (Reuters) – Stocks trembled on Wednesday while major currencies held steady as investors…
ABN Amro’s Quarterly Profit Beats Estimates Despite Rising Costs
AMSTERDAM (Reuters) -Dutch bank ABN Amro beat analyst expectations on Wednesday with a jump of 21% in second-quarter net profit…
Prudential Says First-half Profit Up 8%; Warns Of Persistent COVID Woes
By Selena Li HONG KONG (Reuters) -Prudential Plc posted on Wednesday a rise of 8% in its first-half operating profit,…
Musk Sells Tesla Shares Worth $6.9 Billion, Cites Chance Of Forced Twitter Deal
By Hyunjoo Jin and Akriti Sharma (Reuters) -Tesla Inc Chief Executive Officer Elon Musk sold $6.9 billion worth of shares…
Ex-workers At Malaysia’s Brightway Sue Kimberly-Clark, Ansell Over Alleged Labour Abuse
By A. Ananthalakshmi KUALA LUMPUR (Reuters) -Migrant workers at Malaysian glove maker Brightway Holdings filed a lawsuit in the United…
China’s Lenovo Reports Flat Revenue, Weakest In Eight Quarters
By Josh Ye HONG KONG (Reuters) – Lenovo Group, the world’s biggest maker of personal computers, reported flat revenue for…