Macy's Inc reported just a 0.6per cent drop in holiday period same-store sales on Thursday, quelling fears of a more dramatic fall in the department store operator's numbers for the crucial annual shopping season after an earlier profit warning.
Macy's Inc reported just a 0.6per cent drop in holiday period same-store sales on Thursday, quelling fears of a more dramatic fall in the department store operator's numbers for the crucial annual shopping season after an earlier profit warning.
Drugstore chain Walgreens Boots Alliance Inc posted a 24.8per cent drop in quarterly profit on Wednesday, hurt by higher costs related to its acquisition of stores from rival Rite Aid Corp Net income attributable to Walgreens fell to US$845 million, or 95 cents per share, in the first quarter...
India plans to amend proposed rules for policing digital content so the toughest measures apply only to big social media firms, two government sources told Reuters, in a move that could give relief to other tech players fearful of the new regulations.
U.S. stock index futures fell on Wednesday as Iran fired missiles at U.S.-led forces in Iraq in retaliation to the killing of a top Iranian commander last week, sparking fears of a wider war in the Middle East.
Apple Inc on Wednesday said its Apple News service has reached 100 million monthly active users versus 85 million a year prior, demonstrating growth in a key services business that is being closely watched by investors as iPhone sales decline.
Facebook and eBay have promised to better identify, probe and respond to fake and misleading reviews, Britain's Competition and Markets Authority (CMA) said on Wednesday after pressing the online platforms to tackle the issue.
SINGAPORE: Oversea-Chinese Banking Corp named Helen Wong, former HSBC Holdings' Greater China chief, as the head of its newly created global wholesale banking division. Wong will oversee the bank's cash management and trade under the transaction banking business as well as the investment banking ...
Popular video-sharing app TikTok issued a broad ban on Wednesday against "misleading information" that could cause harm to its community or the public, setting itself apart from rivals like Facebook which say that they do not want to be arbiters of truth.
The spike in oil prices due to the escalating conflict between the United States and Iran is causing investors to worry that US corporate earnings will be crimped by rising energy costs.
