Mr. Dong (Albert) Li, CFO of Tims China, commented, “We continued to demonstrate our capabilities to further improving our financial performance by refining store unit economics and driving efficiencies at both store and corporate levels. We further improved our company owned and operated store contribution margin and adjusted corporate EBITDA margin by 5.9 percentage points…
(Reuters) -U.S. President Donald Trump said on Tuesday that interest rates in the country should be lowered by at least two to three percentage points, ahead of Federal Reserve Chair Jerome Powell’s testimony before Congress. “We should be at least two to three points lower…if things later change to the negative, increase the Rate,” Trump…
This is The Takeaway from today’s Morning Brief, which you can sign up to receive in your inbox every morning along with: Hypothetically speaking, what if President Trump paused his tariff rollout? For a brief moment Monday morning, the market considered the idea in real-time. Stocks shot up several percentage points on speculation that Trump…
STOCKHOLM, April 3, 2025 /PRNewswire/ — In its latest ‘State of expense management report 2025’, Findity, a leading expense management technology provider, tracks the evolution of expense management across ten international markets. Covering the Nordic countries (Sweden, Norway, Denmark, Finland), the UK, Germany, Netherlands, Spain, France and the US, the report compares data from 2022…
Another Wall Street strategist sees the S&P 500 (^GSPC) gaining by a double-digit percentage over the next year. On Monday night, Goldman Sachs chief US equity strategist David Kostin initiated a 2025 year-end S&P 500 target of 6,500, representing about an 11% gain in the benchmark index from current levels. The call falls in line…
China announced on Monday it had slashed a key reference rate for mortgage loans by a quarter of a percentage point, as the country stepped up efforts to stabilise the property market. The benchmark five-year loan prime rate (LPR) was lowered from 3.85 per cent to 3.6 per cent, while the one-year lending rate was…
Revenue: USD23.5 billion for Q3 2024, above guidance. Revenue Growth: 12.8% sequential increase in NT. Gross Margin: 57.8%, increased by 4.6 percentage points sequentially. Operating Margin: 47.5%, increased by 5 percentage points sequentially. EPS: TWD12.54 for Q3 2024. ROE: 33.4% for Q3 2024. Cash and Marketable Securities: TWD2.2 trillion (USD69 billion) at the end of…
We recently published a list of 7 Cheap Chinese Stocks To Invest In Now. In this article, we are going to take a look at where Baidu (NASDAQ:BIDU) stands against the other cheap Chinese stocks to invest in now. The Economy of China According to a report by the International Monetary Fund (IMF), China’s economy…