News
American Express Sees Growth in Restaurant Spending
American Express saw 11% growth in restaurant spending in Q4, surpassing $100 billion and planning to enhance the dining experience. Categories: Finance, Dining...
Malaysian Shares Continue to Rise
Malaysian shares extend their winning streak, with YTL and Genting as leaders. Declines seen in certain sectors. Regional market performance and currency moveme...
Superdry Faces Challenges in First Half of Fiscal 2024
Superdry experiences decline in revenue, achieving pretax profit, but warns of challenging business environment and CFO resignation.
Remy Cointreau Expects Sales Decline in Fiscal 2024
Remy Cointreau anticipates a sales decline in fiscal 2024, with a close to 20% decrease. The company remains confident in its cost-cutting plan to maintain prof...
Berjaya Land Shares Surge as Consortium Bids for Kuala Lumpur-Singapore High-Speed Rail Project
Berjaya Land's shares increased by 20% after a consortium bid for the Kuala Lumpur-Singapore high-speed rail project. Malaysian Resources and IJM also saw share...
FTC to Investigate Generative AI Investments
The FTC plans to investigate generative AI investments of major companies to prevent unfair competition and stifling of innovation.
New Home Sales Rise Despite Housing Market Challenges
New home sales rise by 4% in 2023, defying obstacles of high mortgage rates and limited supply. Housing market outlook for 2024 is promising.
The Growing Threat to the U.S. Stock Market: A Closer Look at Retirees
A renowned market economist warns about the rising share of U.S. stocks owned by retirees and its potential negative impact on the market and consumer spending.
Greencore Reports Decline in Revenue for Q1
Greencore, a London-based convenience-food manufacturer, reports a decline in revenue for Q1 due to disposal of Trilby Trading business. Operating profit expect...
Fevertree Drinks Reports Strong Growth
Fevertree Drinks reports strong growth in the U.S. market, with revenue rising and continued growth expectations for the Fever-Tree brand. CEO expresses confide...