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Business

2057 posts
  • Business

Japan posts unexpectedly strong GDP, helped by resilient exports

  • August 16, 2025
  • Roubens Andy King
Japan posts unexpectedly strong GDP, helped by resilient exports
By Makiko Yamazaki and Kantaro Komiya TOKYO (Reuters) -Japan's economy grew much faster than expected in the second quarter as export volumes held up well against new U.S. tariffs, giving…
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Australian lender ANZ reports rise in Q3 loans and deposits
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  • Business

Australian lender ANZ reports rise in Q3 loans and deposits

  • August 15, 2025
  • Roubens Andy King
By Scott Murdoch (Reuters) -Australia's ANZ Group said on Friday its net loans and customer deposits rose in the third quarter as lending for home purchases and businesses stayed strong,…
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Birkenstock sales step up in ‘ugly shoe summer’ | Fashion
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  • Business

Birkenstock sales step up in ‘ugly shoe summer’ | Fashion

  • August 15, 2025
  • Roubens Andy King
Price rises and strong sales of closed-toe clogs helped the shoe maker Birkenstock beat profit expectations as it became the latest beneficiary of the “ugly shoe summer”. The German sandal…
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Soybeans Close Lower on Thursday as Products Add Pressure
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  • Business

Soybeans Close Lower on Thursday as Products Add Pressure

  • August 15, 2025
  • Roubens Andy King
Soybeans fell lower on Thursday, with contract falling 14 to 16 ½ cents, as August expired down 3 ¼ at $10.08 ½. The cmdtyView national average Cash Bean price was down…
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Playboy to leave L.A. for Miami Beach; CEO calls state ‘anti-business’
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  • Business

Playboy to leave L.A. for Miami Beach; CEO calls state ‘anti-business’

  • August 15, 2025
  • Roubens Andy King
Playboy Enterprises announced on Wednesday that it will relocate its headquarters from Los Angeles to Miami Beach, becoming the latest high-profile company to abandon California in favor of what some…
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Universal deny that head Lucian Grainge was personally involved in Kendrick Lamar attack on Drake | Drake
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  • Business

Universal deny that head Lucian Grainge was personally involved in Kendrick Lamar attack on Drake | Drake

  • August 15, 2025
  • Roubens Andy King
Universal Music Group has denied new allegations made by Drake’s lawyers that its British chair and chief executive Lucian Grainge had a “role in and knowledge of the scheme to…
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Paramount–Skydance Sees Unusual Options Activity — 3 Strategies to Cash In
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  • Business

Paramount–Skydance Sees Unusual Options Activity — 3 Strategies to Cash In

  • August 15, 2025
  • Roubens Andy King
It's been one week since Paramount Global merged with Skydance Media to form Paramount Skydance (PSKY), an entertainment business with revenues expected to reach over $30 billion in 2025. Its shares…
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‘Real-life nightmare for kids.’ ‘Roblox’ faces multiple lawsuits over child safety
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  • Business

‘Real-life nightmare for kids.’ ‘Roblox’ faces multiple lawsuits over child safety

  • August 15, 2025
  • Roubens Andy King
“Roblox” faced a wave of new lawsuits this week that allege the popular gaming platform hasn’t done enough to safeguard kids from pedophiles and sexual content. One of the latest…
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Court lifts block on Trump’s mass firings at top US consumer watchdog | Trump administration
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  • Business

Court lifts block on Trump’s mass firings at top US consumer watchdog | Trump administration

  • August 15, 2025
  • Roubens Andy King
A federal appeals court set the stage for the Trump administration to resume firings at the top US consumer watchdog, ruling in a split decision that a lower court lacked…
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More US companies skip lender consent to add on debt, Moody’s says
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  • Business

More US companies skip lender consent to add on debt, Moody’s says

  • August 15, 2025
  • Roubens Andy King
By Matt Tracy (Reuters) -A growing number of U.S. companies are seeking more flexible covenants in their credit agreements to increase their debt loads while avoiding approvals from all their…
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