Business Shares soar after retailer boosts profit, sales views even as markdowns cut into margins Source link Source link
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Business Earnings Home-improvement retailer logs sales increase even as it again records fewer transactions Source link Source link
Read MoreWorld Asia Economists expect stimulus measures to help return the world’s third-largest economy to growth in the final quarter of the year Source link Source link
Read MoreAt a time when listed new-age technology-led businesses are struggling to be profitable and improve share price, online fashion and cosmetics retailer Nykaa has managed to improve its profitability parameters and narrow its share performance. A standout feature in the second-quarter (Q2) results of the company was an improvement in margins and […]
Read MoreHeading into third-quarter earnings reports, auto executives fielded questions about whether an uncertain economic picture was putting the brakes on demand for new cars. After a series of relatively upbeat results, the answer seems to be no. Or at least not yet. The macroeconomic picture is one that historically has chilled car sales and hurt […]
Read MoreThe world’s largest oil companies continue to reap rewards from sustained high commodity prices as Exxon XOM 2.93% Mobil Corp. reported almost $20 billion in profit, its most lucrative quarter ever, while rival Chevron Corp. CVX 1.17% reported just a slight dip from the record haul it set in the prior quarter. Despite the hefty […]
Read MoreWages and prices continued to rise rapidly in the late summer, keeping the Federal Reserve on track for more interest-rate increases as it attempts to cool economic growth and bring down high inflation. The latest figures add to a picture of an economy losing some momentum but still growing as the labor market, consumer spending […]
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