Jul 30, 2024 | Markets
SAIC fills dealer lots with MG4 model to beat duty deadline BYD gains customer traction with Euro 2024 marketing push Chinese brands captured 11% of the European electric-car market in June, notching record registrations as manufacturers raced to beat stiff European...
Jul 29, 2024 | Markets
CFO says sales trends remain negative in current quarter US $5 value meal deal launched in final week of quarter McDonald’s Corp. investors shrugged off the burger chain’s first sales drop in four years as executives pledged to launch new promotions to help stem a...
Jul 29, 2024 | Markets
They’re not lovin’ it. McDonald’s global same-stores fell for the first time in nearly four years in the second quarter as inflation-weary consumers skipped eating out or chose cheaper options. The company said it’s working on fixes, like meal...
Jul 29, 2024 | Markets
Concerns on US trade tariffs lead to wariness on the sector Selling points to ‘capitulatory behavior’ in sector: Goldman Hedge funds are rapidly unwinding their bets in industrials stocks, and rotating into the corners of the market exposed to commodities, such as...
Jul 28, 2024 | Markets
Both ETFs trade at sizable premiums to their net asset values Saudi ETFs have competitive advantage in yields: Guotai Junan Chinese investors are pouring money into two new exchange-traded funds tracking Saudi Arabian shares as the dismal performance of local equities...
Jul 27, 2024 | Markets
The central bank has kept borrowing costs at a more than two-decade high for a full year. The results have been somewhat surprising. In the year since the Federal Reserve brought interest rates to a more than two-decade high, the central bank has succeeded in taking...
