Applebee’s and IHOP owner Dine Brands thinks its deals can lure away fast-food customers who have grown frustrated with menu prices. The company reported first-quarter earnings that fell short of Wall Street’s estimates, and both Applebee’s and IHOP’s same-store sales shrank more than expected. Still, Dine reiterated its full-year outlook and said sales have improved … Read more
New Delhi: Indian exporters have sought priority shipment facilities for local micro, small and medium enterprises (MSME) as transhipment of Bangladesh’s export cargo to third countries through the Delhi Air Cargo complex is causing delays, inflating freight expenses. The Noida Apparel Export Cluster (NAEC), where 80% of the apparel production and export units are MSMEs, … Read more
The boss of British Gas has called for households to face mandatory smart meter installations weeks after government figures showed that almost 4m meters are not working. Chris O’Shea, the chief executive of the British Gas owner Centrica, told a committee of MPs that smart meters should be installed in all homes through a “street … Read more
New Delhi: India has extended the free import of yellow peas by four more months until October 2024, the Directorate General of Foreign Trade (DGFT) said in a notification adding that the import is permitted without the Minimum Import Price (MIP) and port restriction conditions. In December last year, the government allowed duty-free imports of … Read more
Some creditors of the bankrupt crypto exchange FTX are preparing to reject a plan that would see them recover 118 percent of the money they lost. The proposal is far less generous than it might seem, they claim. Starting in January, the FTX creditors began to form a voting block, now made up of 1,600 … Read more
Thousands of passengers were left waiting in queues for more than three hours at airports, on Tuesday evening, after a nationwide failure of the electronic passport gate technology system. Nearly all major British airports were affected as the country’s 270 e-gates, the automated facial recognition systems at the border, were closed for more than four … Read more
Nifty on Wednesday ended flat to form a high wave type candle pattern, which indicates chances of an upside bounce. The positive chart pattern like higher tops and bottoms is intact as per daily time-frame chart and presently the market is in an attempt of new higher bottom formation. The short-term trend remains weak, but … Read more
Google spent much of the past year hustling to build its Gemini chatbot to counter ChatGPT, pitching it as a multifunctional AI assistant that can help with work tasks or the digital chores of personal life. More quietly, the company has been working to enhance a more specialized artificial intelligence tool that is already a … Read more
The British oil services company John Wood Group has rejected a £1.4bn takeover offer from a Dubai-based rival, Sidara, which “fundamentally undervalued” the company. Aberdeen-based Wood is the latest British company on the London Stock Exchange to face takeover speculation amid deepening concerns that UK-listed stocks are undervalued compared with other markets. In a statement, … Read more
Police began to clear a pro-Palestinian tent encampment at George Washington University early on Wednesday and arrested 33 protesters, hours after dozens left the site and marched to President Ellen Granberg’s home. Officials at the university in Washington, DC, had warned of possible suspensions for students engaging in protest activities on University Yard. “While the … Read more
