Finance

No tariff pause announced after US-China talks, with Trump set to make the ‘final call’

No tariff pause announced after US-China talks, with Trump set to make the ‘final call’

US and Chinese negotiators wrapped up two days of talks Tuesday without an immediate announcement of a further tariff delay between the world’s two largest economies as markets watch closely for ...

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Novo Nordisk Shares Plummet as Competition Weighs on Sales

Novo Nordisk Shares Plummet as Competition Weighs on Sales

Sales of Wegovy are being dented by generic competition. – hollie adams/Reuters Shares in Novo Nordisk plunged after it cut its guidance, a result from the company losing its lead in t...

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‘A lot better to keep the customer around’

‘A lot better to keep the customer around’

Spotify’s (SPOT) dismal quarterly earnings report has raised questions over whether the company should raise prices at a faster pace than it has previously to boost its margins. On the comp...

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Prosus-owned iFood buys stake in Brazil’s CRMBonus

Prosus-owned iFood buys stake in Brazil’s CRMBonus

SAO PAULO (Reuters) -Brazilian food delivery platform iFood, owned by Dutch investment group Prosus, said in a statement on Tuesday it has taken a 20% stake in technology company CRMBonus. The de...

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Job openings slide in June as hiring rate hits 7-month low

Job openings slide in June as hiring rate hits 7-month low

Job openings declined in June while hiring also decreased, according to government data released Tuesday. The report comes as investors closely watch for any signs of slowing in the labor market a...

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Food distributor Sysco beats quarterly expectations as US demand improves

Food distributor Sysco beats quarterly expectations as US demand improves

-Packaged and fresh food distributor Sysco beat analysts’ estimates for fourth-quarter revenue and profit on Tuesday, helped by improvement in its U.S. operations. The company, which suppli...

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