Best Buy lifts annual profit forecast as cost controls pay off
Best Buy raised its annual profit forecast on Thursday, as tighter controls on costs help the electronics retailer more than offset the impact from steeper discounts and
August 29, 2024Best Buy raised its annual profit forecast on Thursday, as tighter controls on costs help the electronics retailer more than offset the impact from steeper discounts and
August 29, 2024A bid by now defunct BSI Bank Limited to strike out a $394 million claim against it by scandal-hit Malaysian state fund 1Malaysia Development Berhad (1MDB) and its unit,
August 29, 2024Shares of Salesforce gained about 4% on Thursday as investors cheered the customer relationship management software maker's upbeat quarterly results and its artificial intelligence push to
August 29, 2024Best Buy, the nation’s largest consumer electronics chain, reported another quarterly drop in sales due to Americans pulling back on purchases of appliances and consumer-electronics gadgets to focus on essentials
August 29, 2024Dollar General's shares slumped 29% to a more-than-six-year low on Thursday after the discount retailer slashed its annual sales and profit
August 29, 2024The lawyers who sued successfully to void Tesla CEO Elon Musk's $56 billion pay package are seeking a record $6 billion in fees, and the judge who will
August 29, 2024U.S. miners and battery recyclers are rushing to close government loans worth billions of dollars before January out of concern that former President Donald Trump would,
August 29, 2024A look at the day ahead in U.S. and global markets from Mike Dolan After all that, Nvidia beat expectations - which has become "expected" - and the stock retreated about 5%.
August 29, 2024Birkenstock missed quarterly profit expectations on Thursday as the German sandal maker's global expansion drive and production ramp-up compressed its margins,
August 29, 2024Shares in French spirits makers Remy Cointreau and Pernod Ricard rallied on Thursday after China's commerce ministry said it will not immediately
August 29, 2024Inflation fell in six important German states in August due to lower energy prices, preliminary data showed on Thursday, suggesting Germany's national inflation
August 29, 2024Chinese tech giant Huawei reported hefty jumps in first-half revenue and net profit on Thursday, with smartphone sales robust and its smart car components
August 29, 2024Europe's STOXX 600 rose on Thursday and Germany's DAX closed at a record high, led by tech stocks, after softer inflation data lifted hopes for
August 29, 2024Government bond markets, which have enjoyed a summer of solid price gains, now face a reckoning with their bets for speedy central bank rate cuts and slowing inflation,
August 29, 2024Several Chinese regional banks have reported a jump in their investment income in the first half of the year, even as their primary lending businesses faltered, as the flailing
August 29, 2024South Korea's exports are expected to have risen for an 11th straight month in August, a Reuters poll showed on Thursday, with economists noting rising momentum in
August 29, 2024China's local governments have fallen behind on their debt issuance plans as scrutiny mounts over potentially wasteful infrastructure
August 29, 2024A key Asia stock index has gained its biggest lift in earnings projections in more than three years, as the region's semiconductor firms
August 29, 2024A look at the day ahead in European and global markets from Stella Qiu It is a sea of red in Asia as AI darling Nvidia failed to meet expectations of investors who were not satisfied with its profits,
August 29, 2024South Korean President Yoon Suk Yeol said on Thursday there was a need to "manage" policy loan rates should expectations about lower borrowing costs lead to further price increases in
August 29, 2024Pipeline operator ONEOK said it would buy midstream assets in deals worth $5.9 billion from Global Infrastructure Partners, bolstering its position in the
August 29, 2024The CEO of Australia's biggest bank on Thursday decried the rise of misinformation and labelled a proposed tax on big company profits meritless, pushing back against
August 29, 2024Global shares edged higher on Thursday, shrugging off investor disappointment at artificial intelligence powerhouse Nvidia's results, while oil prices rebounded
August 29, 2024South Korean President Yoon Suk Yeol on Thursday pledged urgent reform of the national pension fund, one of the world's largest with $860 billion of
August 29, 2024New Zealand's business confidence jumped in August to the highest level in a decade as forward-looking activity indicators rose strongly, an ANZ Bank survey showed on Thursday.
August 29, 2024