PepsiCo shares rise as Q2 revenue beats expectations despite weak US demand, soft volumes
Shares of PepsiCo Inc. climbed in premarket trading on Thursday after the snack and beverage giant reported a better-than-expected rise in second-quarter…
Russia’s bad loan crisis: is bailout inevitable by next year?
Executives at several major Russian banks, designated as systemically important by the Bank of Russia, have been meeting behind closed doors to…
Dow Futures flat amid latest Trump vs Powell fiasco: 5 things to know before Wall Street opens today
Dow Futures barely budged on Thursday as investors kept an eye on the latest tensions between President Donald Trump and Federal Reserve…
Asian markets close in red after new US trade deals; Kospi drops 0.9%
Asian markets traded mostly lower on Wednesday as investors dialed back expectations for imminent Federal Reserve rate cuts after mixed US inflation…
Dow Futures mixed ahead of wholesale inflation data: 5 things to know before Wall Street opens today
Dow Futures pointed to a mixed open on Wednesday, with investors waiting on key earnings reports from major banks and fresh data…
Estée Lauder appoints first ever digital chief amid online retail push to regain growth
Estée Lauder is embarking on a major digital transformation as it tries to regain lost ground in the global beauty market, following…
Diageo shakes up leadership as CEO Debra Crew steps down amid tumultuous tenure
Big changes are underway at Diageo, the global drinks giant known for Guinness and Johnnie Walker. CEO Debra Crew has stepped down…
Is Trump handing China a win in the AI chip war?
Nvidia is back in business with China. So is AMD. The Biden-era export controls on advanced AI chips used to be the…
Wells Fargo Q2 results: modest 1% revenue growth, credit metrics reflect resilience
Wells Fargo’s Q2 results turned in a decent set of numbers, offering some reassurance that it’s managing to stay steady despite ongoing…
Donald Trump’s 30% tariff threat prompts EU countermeasures
Should trade negotiations with Washington falter, the European Commission is considering imposing tariffs on $84.1 billion (72 billion euros) worth of US…
