Domino’s Pizza posted mixed quarterly earnings on Thursday, citing increasing expenses and an ongoing shortage of delivery drivers. “I can assure you that nobody at Domino’s is happy with our recent performance,” CEO Russell Weiner told analysts on a conference… Read More ›
Concerns about a global downturn are clouding Asia’s recovery prospects, with manufacturing activity growth slowing in Japan and Australia, putting pressure on policymakers to support their economies while tightening monetary policy to battle inflation. The purchasing managers’ index (PMI) poll… Read More ›
Johnson & Johnson posted quarterly results on Tuesday that was above analysts’ expectations, thanks to robust demand for cancer medication Darzalex and its COVID-19 vaccination, despite the firm cutting its full-year adjusted profit outlook owing to a stronger currency. J&J joins… Read More ›
Netflix faces a difficult battle to retain its crown after a long reign as the king of streaming. Between April and July, it lost over 1 million members as the number of people leaving the service increased. However, it was… Read More ›
UK grocery inflation touched 9.9 per cent in the four weeks to July 10, adding 454 pounds ($543.7) to Britons’ annual bills as the cost of living crisis worsened, according to industry figures released on Tuesday. Kantar said the inflation… Read More ›
According to the BBC, Amazon is suing the administrators of more than 10,000 Facebook groups. According to the report, the gangs are manufacturing phoney reviews on Amazon marketplaces in the United States, United Kingdom, Germany, France, Italy, Spain, and Japan…. Read More ›
Russia’s energy behemoth has threatened to deliver less gas to Europe, but Germany, one of the country’s largest importers, has rejected the proposal. The majority of the company is owned by the government. Gazprom announced on Monday that it is… Read More ›
H&M has announced its exit from Russia, but will temporarily reopen its stores to sell off its remaining inventory. Due to the Ukraine crisis, the world’s second-largest clothing retailer claimed it would be “difficult” to continue doing business in Russia…. Read More ›
Starbucks is supposedly considering selling its UK operation as it faces increased competition and shifting customer patterns. Lockdown measures around the world have taken a heavy toll on the world’s largest coffee company. Starbucks stated that the company was “not… Read More ›
An airline executive has warned that if fuel prices rise, the cost of plane tickets will rise “without a doubt.” Oil prices have risen as economies recover from the Covid epidemic and as a result of the Ukraine conflict. According… Read More ›
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