Business News
By Richa Naidu VEVEY (Reuters) – Nestle (NS:) will boost advertising and marketing, trim costs by at least $2.8 billion by 2027, and carve out its water and premium drinks businesses into a standalone global unit, as it looks to drive growth under new chief Laurent Freixe, the company said on Tuesday. The world’s biggest … Read more
China’s ambassador to the US has been scrambling to connect with potential Trump administration officials after several years of struggling to get meetings with Republicans in Washington. Xie Feng has in recent months stepped up outreach in Washington by hosting dozens of former US officials and China experts at his home, according to people familiar … Read more
What would you do if you had a six-figure salary? Perhaps you’d never cook another meal again or indulge in a monthly Thai massage and a Soho House membership to unwind from the stress that comes with being at your A game. Here at The Good Life you don’t have to imagine what life at the top … Read more
In Bengaluru, a couple on a grocery run stopped by a local fruit and vegetable vendor but walked away after finding the prices higher than those on quick commerce apps. The shopkeeper argued the difference was negligible—just Rs 5-6—but eventually gave in to their demands to close the sale. A similar scene unfolded at a … Read more
Nvidia (NASDAQ: NVDA) stock’s stellar rally is set to be tested when the semiconductor giant releases its fiscal 2025 third-quarter results (for the three months ended Oct. 27) on Nov. 20, as investors and analysts will be expecting the chipmaker to continue its artificial intelligence (AI)-fueled surge. After all, shares of Nvidia have shot up … Read more
Zepp Health Non-GAAP EPADS of -$0.78, revenue of $42.5M; initiates Q424 outlook
Raymond James Washington policy analyst Ed Mills dissects what the President-elect Trump is looking for in his Cabinet pick on The Claman Countdown. President-elect Trump is continuing to announce new appointments to his Cabinet and other executive branch positions following his electoral victory nearly two weeks ago, though the Treasury secretary position remains unfilled. FOX … Read more
By Kevin Buckland TOKYO (Reuters) – Asian stocks rose on Tuesday while U.S. bond yields and the dollar hung back from multi-month highs as traders awaited President-elect Donald Trump’s cabinet selection and sought to gauge the outlook for Federal Reserve easing. Tech shares advanced, tracking Wall Street’s recovery from last week’s steep losses although Nvidia … Read more
Unlock the White House Watch newsletter for free Your guide to what the 2024 US election means for Washington and the world European leaders should be prepared to send military forces to Ukraine to underpin any peace deal engineered by Donald Trump between Kyiv and Moscow, Estonia’s foreign minister has said. Margus Tsahkna told the … Read more
President-elect Donald Trump’s pick to lead the Federal Communications Commission, Brendan Carr, is a longtime opponent of Big Tech. Carr wants to do away with many of the protections afforded to large social media platforms under Section 230 of the Communications Decency Act. The provision gives online platforms some protections from legal consequences for third-party … Read more