Tag: Business news

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Home Depot earnings beat, but retailer offers a tepid outlook as sales slide

Home Depot's quarterly sales declined 3% from the year-ago period, but topped Wall Street's expectations as customers chipped away at more modest projects and...

Birla Corporation Q2 profit at Rs 58.37 crore, revenue up 14 pc to Rs 2,285.8 crore – Times of India

NEW DELHI: MP Birla Group firm Birla Corporation Ltd on Wednesday reported a consolidated net profit of Rs 58.37 crore for the second quarter...

Astra defaults on debt agreement, warns it may not be able to raise needed cash

The company's LV0010 rocket stands on the launchpad at Florida's Cape Canaveral ahead of the NASA TROPICS-1 mission.AstraStruggling space company Astra disclosed in a...

Vedanta improves ranking in sustainability assessment – Times of India

NEW DELHI: Diversified natural resources firm Vedanta Ltd on Saturday said its ranking has improved remarkably in S&P Global's 2023 corporate sustainability assessment. S&P...

Big Food vs. Big Pharma: Companies bet on snacking just as weight loss drugs boom

The snack aisle is seen during a tour of a new Amazon Go store in the Capitol Hill neighborhood of Seattle, Washington, U.S., on...

Saudi crown prince says he will keep ‘sportswashing’ as criticism of the practice grows

Saudi Arabian Crown Prince Mohammed bin Salman Al Saud attends Partnership for Global Infrastructure and Investment event on the day of the G20 summit...

Ozempic, Wegovy may curb drinking, smoking and other addictive behaviors – here’s what we know

An Ozempic (semaglutide) injection pen is seen on a kitchen table in Riga, Latvia on 06 August, 2023. Jaap Arriens | Nurphoto | Getty ImagesHeather...

Hero Moto to invest ₹550 crore in e-bike co Ather – Times of India

NEW DELHI: Pawan Munjal-led Hero MotoCorp will invest Rs 550 crore in electric two-wheeler company Ather, increasing its holding in the company beyond 33.1%.According...

Lululemon ups guidance after ‘strong’ growth in China boosts quarterly sales

A customer enters a Lululemon store on June 02, 2023 in Corte Madera, California.Justin Sullivan | Getty ImagesLululemon raised its full-year guidance Thursday after...

Aldi is getting bigger. Here’s why the no-frills German grocer is looking to the Southern U.S. for growth

No-frills discounter Aldi is the latest grocer to shake up the industry with big moves.The German retailer announced this week that it plans to...

Adani Ports says Deloitte auditor resignation arguments not convincing – Times of India

NEW DELHI: Adani Ports on Saturday said Deloitte's reasoning to quit as auditor of the company was "not convincing or sufficient to warrant such...

ESPN launches sportsbook in partnership with Penn Entertainment

SportsCenter at ESPN Headquarters.The Washington Post | The Washington Post | Getty ImagesDisney's ESPN is launching a betting sportsbook, putting the sports entertainment unit...