Shoppers cast shadows as they carry their bags along the waterfront in Portland, Maine, U.S, December 26, 2024. Kevin Lamarque | ReutersIt's not just Walmart.The leaders of companies that serve everyone from penny-pinching grocery shoppers to first-class travelers are seeing cracks in demand, a shift after resilient consumers propped up the U.S. economy for years despite prolonged inflation. On top of high interest rates and persistent inflation, CEOs are now grappling with how to handle new hurdles like on-again, off-again tariffs, mass government layoffs and worsening consumer sentiment.Across earnings calls...
BEIJING: China on Sunday unveiled an updated model of its high-speed bullet train which its manufacturer claims reached speeds of 450 kmph during the...
BBCDavid Chapman, executive director of UK Hospitality Cymru, said having to mothball rooms wasn't uncommon."I know of floors closing, of rooms being closed. We've...
Business & FinanceDeals12 December 2024, 8:33 pm 1 minute
Russia’s state oil firm Rosneft has agreed to supply nearly 500,000 barrels per day (bpd) of...
American Airlines planes sit by their gates at the Miami International Airport on October 25, 2024 in Miami, Florida.Joe Raedle | Getty ImagesAmerican Airlines...
Last Updated:December 22, 2024, 16:23 ISTSeveral factors, including private equity exits, sponsor-driven sales, and shifts in corporate funding strategies, have also driven the IPO...
Mumbai: With the changing demographics, rapid urbanisation and changes in family structure, early planning for pension by an individual is a necessity, senior government...