Meituan Records Fastest Growth Since 2021 Despite Weak Economy
Meituan posted its fastest pace of revenue growth since 2021, after dining and travel bounced back from Covid-Zero depths despite broader consumer spending malaise.
Meituan posted its fastest pace of revenue growth since 2021, after dining and travel bounced back from Covid-Zero depths despite broader consumer spending malaise.
Nvidia Corp. shares were set to hit a record high in early trading after the chipmaker at the forefront of an industrywide artificial intelligence race delivered a third-straight sales forecast that surpassed Wall Street estimate.
Russian President Vladimir Putin addressed a BRICS summit in South Africa by video on Thursday, the day after a plane crash that presumably killed the head of the mercenary Wagner Group.
Nasdaq 100 futures bounced, setting up the technology-heavy index to trim monthly declines, after a blowout forecast from Nvidia Corp. revived the buzz around artificial intelligence.
Indonesia’s central bank tapped tools other than interest rates to help the rupiah weather an emerging-market selloff triggered by the prospect of tighter US monetary policy.
UBS Group AG is poised to decide in favor of fully integrating Credit Suisse’s domestic bank, ending months of speculation about the future of the business.
China will stop all seafood imports from Japan, escalating tensions between the two nations as Japan begins a contentious release of treated wastewater from the wrecked Fukushima nuclear power plant.
Turkey kept most shipping traffic through the Dardanelles Strait suspended for a second day because of wildfires in the area, leaving hundreds of vessels unable to move between the Black Sea and part of the Mediterranean Sea.
ConocoPhillips has been put on divestment watch by some of Europe’s biggest pension funds, after using proceeds from a recent debt financing to expand its business in oil sands.
Mercury 13, a newly-formed company chasing stakes in women’s football clubs, is in talks to strike its first deal.