Business News

“Hi, welcome to Office Depot,” doesn’t cut it for Kevin Moffitt. Each week, the office supply retail chain led by Moffitt tracks its “greet score”—the percentage of customers who say they were welcomed at the front of the store. During that greeting, associates are also expected to ask pointed questions.  “It’s really intended to be … Read more

The Centre’s fiscal deficit for the first seven months of the 2024-25 financial year reached 46.5 percent of the annual target, according to government data released on November 29.  In absolute terms, the fiscal deficit — representing the gap between the government’s expenditure and revenue — stood at Rs 7,50,824 crore during the April-October period, … Read more

Gen Z workers are entering the workforce with high hopes and ambitions, but the transition isn’t going as planned for many. A September survey published by Intelligent.com found that 60% of employers have already let go of Gen Z hires just months after they started. The reasons are piling up: lack of motivation, poor communication … Read more

Federated Hermes Total Return Bond ETF goes ex dividend today

Federated Hermes chief equity strategist Phil Orlando on the ‘attractive’ post-election bump and the retail picture ahead of the holidays. – Stocks notch another week of record highs as the Trump bump keeps on giving  – Elon Musk and Vivek Ramaswamy’s DOGE will hit the road next week  – President-elect Trump fills out his team … Read more

By Maya Gebeily BEIRUT (Reuters) -Syrian rebels opposed to President Bashar al-Assad said on Friday they had reached the heart of the northern city of Aleppo, after a surprise sweep through government-held towns and nearly a decade after having been forced out of the city. The opposition fighters, led by the Islamist militant group Hayat … Read more

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Hizbollah’s leader Naim Qassem has publicly endorsed a commitment in his group’s ceasefire with Israel to move Lebanon’s armed forces into the country’s south, an area considered the militant group’s heartland. In his first speech … Read more

France offered the world a first look inside the restored Notre Dame cathedral on Friday, when President Emmanuel Macron inspected the medieval landmark, five years after the fire that ravaged its interior and toppled its spire. Eight days ahead of the December 7 reopening of the cathedral, Macron conducted an inspection, broadcast live on television, which … Read more

Adani Group’s finance chief said that individuals accused by US authorities of being part of a $265 million bribery scheme, including Chairman Gautam Adani, would clarify matters with the US Department of Justice in 10 days, Reuters reported.  “As a group there will not be any action (on the US indictment) but individuals will be … Read more