Levi Strauss & Co on Thursday topped Wall Street estimates for quarterly revenue, helped by steady demand for jeans and non-denim outfits such as chinos, tops and accessories despite persistently high inflation.
U.S. stock index futures were subdued on Thursday ahead of a key jobs reading that will be used by investors to assess the fallout of the Federal Reserve’s interest rate hikes on economic growth.
Top startups in India have called on the country’s competition watchdog to launch an inquiry into Alphabet’s Google for allegedly bypassing an antitrust directive by charging a high service fee for in-app payments, a filing shows.
After making sweeping changes to its leadership team, Japan’s Toyota Motor Corp is looking at a factory floor overhaul as it maps out a move to a new, dedicated platform for battery electric vehicles, four people familiar with the matter said.
Investor advisory firm Glass Lewis has recommended shareholders in Barclays vote against its pay for top bosses because of long-term bonuses awarded to its former finance chief at a time the bank sold billions of pounds of securities in error.
Canadian dealmakers are optimistic about a return to strength in the second half of the year after mergers and acquisitions (M&A) in the first quarter dropped to pandemic levels, belayed by higher borrowing costs and panic around a banking crisis.
Singapore’s imports of Russian naphtha nearly tripled in the first quarter of 2023, government data showed, after the European Union banned oil products imports from Russia.
A U.S. court on Wednesday denied AMC Entertainment Holdings Inc’s request to lift a status quo order, which was necessary to proceed with the conversion of the company’s preferred stock into common shares.
