Lifestyle
Australia’s Guzman y Gomez profit beats forecast in first earnings since IPO
AUSTRALIA’S Guzman y Gomez reported a surge in full-year profit, outperforming its prospectus forecast after the Mexican-themed fast-food chain’s bumper June debut.The Sydney-based company reported pro forma net profit...
China’s Xpeng aims to manufacture EVs in Europe to blunt tariffs
XPENG is looking for a manufacturing site in Europe, making it the latest Chinese electric vehicle (EV) maker seeking to mitigate the impact of import tariffs by building its...
UK shop prices dip for first time in nearly 3 years: survey
BRITISH shop prices fell in annual terms this month for the first time since October 2021, pushed down by summer sales of clothes and household goods, a survey showed...
Apple to hold ‘Glowtime’ iPhone 16 launch event on Sep 9
APPLE has sent out invitations for a product launch event at its headquarters on Sep 9, when it’s set to announce details of the iPhone 16 and other new...
Nike push in China to include tour with NBA stars Doncic, Tatum
NIKE’S Jordan brand said it is taking several of its top sponsored athletes on a tour of China in a new push to promote its product lines in the...
Ikea pilots platform for secondhand furniture in Oslo, Madrid
IKEA is trialling an on-line marketplace where customers can connect to buy and sell pre-owned items made by the Swedish furniture manufacturer.The marketplace, called Ikea Preowned, will run until...
Canada to hit China with tariffs on electric vehicles, steel
Canada will impose new tariffs on Chinese-made electric vehicles, aluminium and steel, lining up behind western allies and taking steps to protect domestic manufacturers. The government announced a 100 per...
US: S&P 500, Dow open higher on increased Sept rate cut bets, Nvidia results on tap
The S&P 500 and the Dow opened higher on Monday (Aug 26), with markets focused on results from AI-darling Nvidia and a key inflation report due later in the...
