Higher prices offset a drop in the number of items per shop at Ocado’s retail joint venture with Marks & Spencer. Ocado Retail reported a 16.3 per cent rise in revenue to £1.5 billion in the six months to June 24, driven by improved marketing efforts and a broader range of M&S products. Although the…
BANGKOK – Shares were mixed Wednesday in Europe and Asia after an update on U.S. inflation pulled most Wall Street stocks lower, though gains for Nvidia pushed the Nasdaq to another record. The report showed inflation in the United States accelerated to 2.7% last month from 2.4% in May. Economists said higher prices for clothes,…
PR Newswire – Wed Jul 16, 7:55AM CDT NEW YORK , July 16, 2025 /CNW/ — The New York Stock Exchange (NYSE) provides a daily pre-market update directly from the NYSE Trading Floor. Access today’s NYSE Pre-market update for market insights before trading begins. Caroline Woods delivers the pre-market update on July 16th Stocks are…
In May, the St Regis Bar Hong Kong launched Tickets to Ride on Trains & Trams, an ambitious new menu centred around a board game that involves taking the train or tram (on the board) to 16 different numbered stations, each corresponding to a drink. Theming is front and centre – guests are encouraged to…
Chinese automaker Chery has managed to gain a massive foothold in the European EV market, leaving other automakers shocked at its ability to get into a highly competitive market so quickly. Reuters broke down Chery and other Chinese automakers’ quick move into the market and how they’ve managed to get a foothold in such a…
U.S. Federal Reserve Chair Jerome Powell, left, and U.S. President Donald Trump. Nathan Howard | Jonathan Ernst | Reuters A new research note gaming out possible scenarios if President Donald Trump decides to fire Federal Reserve Chairman Jerome Powell warns that, regardless of what exactly happens next, “this would be a mess.” “We expect, as…
CNBC’s Jim Cramer reviewed Wednesday’s market action and told investors that he thinks removing Federal Reserve Chair Jerome Powell would not be a wise move from President Donald Trump. “I hope today is the last day that Trump goes after Jay Powell, whose term ends in ten months anyway,” he said. “Gunning for Powell will…
WASHINGTON (AP) — Online firearms seller GrabAGun Digital Holdings, with the stock ticker “PEW,” made its market debut on Wednesday after board member and son of the U.S. president, Donald Trump Jr., rang the opening bell at the New York Stock Exchange. Shares of GrabAGun spiked, and then plunged 21% in midday trading. GrabAGun, which…
Donald Trump Jr. rings the opening bell on the New York Stock Exchange (NYSE) for the Texas-based firearm e-commerce platform GrabAGun where Trump is a member of the board on July 16, 2025 in New York City. Spencer Platt | Getty Images Shares of the online firearms retailer GrabAGun — whose shareholders and board members…
Key moments Rise in inflation to 3.6% lessens the odds of a rate cut Sign up for our daily business newsletter here Inflation hits 16-month high The rate of UK inflation rose to a 16-month high of 3.6 per cent in June, official figures showed. The data from the Office for National Statistics is above…