Most consumers in China are planning to keep a lid on spending during this year’s Singles Day shopping festival, according to a survey from Bain and Company.
Schlagwort-Archiv: Markets
A meteoric rise in worker health costs has slowed — but they’re already ‚egregious,‘ advisor says
Growth in cost-sharing like deductibles and out-of-pocket maximums has been relatively muted in recent years, according to health data.
Uber reports third-quarter results that miss analysts‘ expectations
Uber reported third-quarter results Tuesday that missed analysts‘ expectations
Watches of Switzerland shares up 9.7% as retailer reiterates plan to double profit by 2028
The stock has suffered this year on concerns over the Rolex takeover of retailer Bucherer.
Nintendo hikes profit forecast as Mario movie, Zelda game breathe new life into Switch console
Nintendo reported better-than-expected sales and profit for its fiscal second quarter on Tuesday buoyed by the Super Mario movie and Zelda game.
UBS shares rise 3% as market focuses on strong underlying profit
UBS on Tuesday reported a bigger-than-expected third-quarter net loss of $785 million as it works to integrate fallen rival Credit Suisse.
Citigroup considers deep job cuts for CEO Jane Fraser’s overhaul, called ‚Project Bora Bora‘
Citigroup CEO Jane Fraser may preside over some of Wall Street’s deepest job cuts in years as she faces mounting pressure to fix the third-largest U.S. bank.
Klarna, Europe’s $6.7 billion buy now, pay later firm, sets wheels in motion for eventual IPO
Buy now, pay later firm Klarna has begun a legal entity restructuring to set up a new holding company in the U.K., as a precursor to an eventual IPO.
Singapore’s largest bank DBS beats forecast, quarterly profit jumps 17%
Singapore’s largest bank DBS Group reported a 17% jump in third-quarter profit, and declared a dividend.
Berkshire Hathaway posts a 40% jump in operating earnings, cash pile swells to a record $157 billion
Berkshire Hathaway on Saturday reported a big jump in third-quarter operating earnings, while sitting on a record amount of cash that surpassed $157 billion.