Weak
KFC parent Yum Brands sales fall as weak US demand persists
TACO Bell parent Yum Brands reported a bigger-than-expected fall on Tuesday (Aug 6) in same-store sales for the second quarter as sticky inflation prompted lower-income Americans to eat out...
US banks tumble as weak economic data sparks recession fears
US BANK stocks slumped on Monday (Aug 5) as fears of a recession sent investors fleeing from a sector closely tied to the health of the economy and towards...
UK car industry body cuts 2024 sales forecast on weak EV demand
BRITAIN’S auto industry body cut its 2024 forecast for new car sales on Monday (Aug 5), saying weak private retail demand for electric vehicles (EVs) is an overriding concern.
New...
AMC Entertainment swings to loss in the second-quarter hurt by weak movie lineup
AMC Entertainment Holdings posted a loss for the second quarter compared to a profit in the same period last year hurt by the lingering impact of last year’s dual...
US: Wall St opens sharply lower after weak jobs data
US stock indexes slumped at the open on Friday (Aug 2), with the Nasdaq on track to confirm it was in a correction, after weak employment numbers exacerbated worries...
Chevron reports Q2 earnings miss on weak refining margins
CHEVRON reported second-quarter earnings on Friday (Aug 2) that missed Wall Street estimates due to industry-wide pressure from lower refining margins and natural gas prices, sending its shares down...
Prada sales jump as Chinese shoppers splash out in Japan with weak yen
Prada sales jumped as the Italian fashion group continued to see strong growth amid a wider slowdown in the luxury industry.Net revenue in the first half grew 17 per...
Cocoa hits four-month low on prospects of weak demand, supply boost
COCOA futures fell to the lowest in more than four months as traders weigh improved supply in the next season against the prospects of weaker demand.The most active contract...
