Commercial landlord British Land has outperformed the broader UK property market, thanks to its strategy of adding more out-of-town retail parks to its portfolio that has allowed it to weather beaten-down building values in the sector.
Hormel Foods beat market expectations for second-quarter profit on Thursday and raised the lower end of its full-year earnings as the Wholly dips maker sees steady demand for higher-priced meat products.
Department store chain Kohl’s cut its annual sales and profit forecast on Thursday after posting a surprise quarterly loss, on weaker consumer demand for its apparel and footwear, dragging its shares down 22% in premarket trade.
Best Buy reported a bigger-than-expected drop in first-quarter comparable sales on Thursday as Americans kept their discretionary spending in check in the face of stubborn inflation, hurting demand for consumer electronics.
French President Emmanuel Macron personally intervened to persuade Canadian Prime Minister Justin Trudeau to give Airbus and other aerospace firms relief from sanctions on Russian titanium, according to three people familiar with the matter.
Dollar General beat estimates for first-quarter same-store sales and profit on Thursday, as more Americans flocked to its stores for pocket-friendly groceries and essentials at a time when sticky inflation continues to pressure household budgets.
Fidelity Investments will not impose new fees on investors buying exchange-traded funds (ETFs) issued by a group of smaller asset management firms, having made progress on a revenue-sharing agreement with issuers, sources familiar with the matter told Reuters.
Tesla is preparing to register its ‘Full Self-Driving’ software with authorities in China in the run up to its planned rollout of the technologically advanced feature this year, three people with knowledge of the matter said.
UK politicians are calling on Anglo American to rethink halting its work at the Woodsmith fertiliser project in northern England, part of an asset overhaul Anglo announced after rejecting takeover proposals from global miner BHP Group .
Little to no ethanol will qualify for U.S. sustainable aviation fuel (SAF) subsidies under a new pilot program by President Joe Biden’s administration, which toughened climate requirements at the last minute, according to a Reuters review of government data and people familiar with the matter.
