Edward Johnson NEW YORK (PIX11) — New York City can extend its Grimace era through August. McDonald’s announced Wednesday that it will introduce several collectible cups exclusively at its restaurants in the city. The cups will be available starting Aug. 13 and will feature cups with different images. The cups will be given with collectors mean in … Read more
FMCG and pharma stocks have rallied by up to 23% over the last month, demonstrating their reputation as defensive bets. In contrast, the Nifty50 index has slipped into the red amid high volatility, with the India VIX rising over 27% during the same period. At the index level, Nifty FMCG and Nifty Pharma have returned … Read more
Barclays has become the first UK bank to formally lift the cap on bankers’ bonuses originally imposed by the EU, opening the door for staff to receive 10 times their salaries in payouts. The announcement was made through an internal memo to staff on Thursday, four months after shareholders at Barclays’ AGM approved the move … Read more
The number of Americans filing for jobless benefits fell last week but remain at slightly elevated though not troubling levels. Jobless claims for the week of Aug. 3 fell by 17,000 to 233,000 last week, the Labor Department reported Thursday. That’s fewer than the 240,000 analysts surveyed by FactSet were expecting. Officials say suspects in … Read more
New Delhi: India’s logistics cost will come down to 9 per cent of GDP by April next year, Union Minister Nitin Gadkari said on Thursday. Addressing an event here, Gadkari further said the country’s exports will also increase when the logistics cost comes down to single digit. “Our logistics cost now is 16 per cent…It … Read more
A general view of a Tim Hortons Drive-Thru coffeehouse and restaurant at Lakeside Retail Park on February 5, 2024 in Grays, United Kingdom. John Keeble | Getty Images Restaurant Brands International on Thursday reported quarterly revenue that beat analysts’ expectations, fueled by better-than-expected sales at Tim Hortons and the company’s international restaurants. “We certainly were planning … Read more
INDIANAPOLIS (AP) — Eli Lilly blew past second-quarter expectations with the diabetes treatment Mounjaro and its weight loss counterpart Zepbound funneling more than $4 billion in sales to the drugmaker. Lilly also hiked its forecast for the year well beyond Wall Street expectations as newer drugs like Zepbound built momentum. The company’s shares soared before … Read more
Nifty ended Thursday expiry session 180.5 points lower to form a bearish candle on the daily chart. The double top formation on intraday charts indicates further weakness from current levels, say analysts. Nifty has taken support at its 50-DEMA but finding sustained supply near 24,350 zone. Now it requires a decisive range breakout above 24,350 … Read more
Hugh Jackman, Robert Iger, and Ryan Reynolds at the Marvel Studios’ “Deadpool & Wolverine” World Premiere held at David H. Koch Theater on July 22, 2024 in New York, New York. Kristina Bumphrey | Variety | Getty Images After years of starts and stops at the box office, Disney appears to have hit a groove … Read more
The number of Americans filing for jobless benefits fell last week but remain at slightly elevated though not troubling levels. Jobless claims for the week of Aug. 3 fell by 17,000 to 233,000 last week, the Labor Department reported Thursday. That’s fewer than the 240,000 analysts surveyed by FactSet were expecting. Officials say suspects in … Read more
