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BUSINESS: MORE

BUSINESS: LATEST NEWS

Stocks surge on upbeat earnings, economic data

U.S. stocks surged on Thursday as companies reported strong results and data on the labor market and inflation soothed worries about the outlook for higher rates.

U.S. stocks surged on Thursday as companies reported strong results and data on the labor market and inflation soothed worries about the outlook for higher rates.

Energy crisis could derail global economy -IEA

A world energy crunch is expected to boost oil demand and further stoke inflation, likely slamming the brakes on the global economic recovery, according to a Thursday warning from the International Energy Agency. Conway G. Gittens has more.

A world energy crunch is expected to boost oil demand and further stoke inflation, likely slamming the brakes on the global economic recovery, according to a Thursday warning from the International Energy Agency. Conway G. Gittens has more.

Russia's Yandex joins London’s e-grocery market

Delivery drivers sporting the bright yellow colours of Yango Deli will be visible across London after the international e-grocery arm of Russian tech giant Yandex became the latest player to launch in the UK's crowded delivery market.

Delivery drivers sporting the bright yellow colours of Yango Deli will be visible across London after the international e-grocery arm of Russian tech giant Yandex became the latest player to launch in the UK's crowded delivery market.

Domino's U.S. same-store sales drop for first time in over a decade

Domino's Pizza posted on Thursday its first drop in U.S. same-store sales in over a decade, signaling a slowdown in delivery demand for the world's largest pizza chain as consumers move away from their pandemic food-ordering habits.

Domino's Pizza posted on Thursday its first drop in U.S. same-store sales in over a decade, signaling a slowdown in delivery demand for the world's largest pizza chain as consumers move away from their pandemic food-ordering habits.

Bank results point to stronger U.S. economy

From loan growth to trading revenues to advisory fees, financial results released Thursday from Bank of America, Citigroup, Wells Fargo and Morgan Stanley suggest the economic recovery was in full swing during the third quarter. Conway G.

From loan growth to trading revenues to advisory fees, financial results released Thursday from Bank of America, Citigroup, Wells Fargo and Morgan Stanley suggest the economic recovery was in full swing during the third quarter. Conway G.

Uniqlo-owner Fast Retailing forecasts rebound

Uniqlo-owner Fast Retailing says it expects a recovery in sales and profits to continue into next year as lockdowns ease.

Uniqlo-owner Fast Retailing says it expects a recovery in sales and profits to continue into next year as lockdowns ease.

IKEA reports record full-year retail sales

IKEA, the world's biggest furniture brand, reported record high annual retail sales on Thursday despite global supply chain disruptions as housebound consumers spent more on their homes. Ciara Lee reports

IKEA, the world's biggest furniture brand, reported record high annual retail sales on Thursday despite global supply chain disruptions as housebound consumers spent more on their homes. Ciara Lee reports

UK chicken king: 20-year cheap food binge is over

Britain's 20-year binge on cheap food is coming to an end and food price inflation could hit double digits due to a tidal wave of soaring costs that are crashing through the supply chain, Britain’s biggest chicken producer said. Ciara Lee reports

Britain's 20-year binge on cheap food is coming to an end and food price inflation could hit double digits due to a tidal wave of soaring costs that are crashing through the supply chain, Britain’s biggest chicken producer said. Ciara Lee reports

Up or down? China faces inflation conundrum

Chinese factory prices are rising at a record rate, but weak demand has seen consumer price inflation fall, and that leaves policymakers with a dilemma.

Chinese factory prices are rising at a record rate, but weak demand has seen consumer price inflation fall, and that leaves policymakers with a dilemma.

Global cost surge squeezes Japan's salaryman staples

An uptick in raw supply costs is causing a price hike in Japan's favourite consumer items, from coffee to beef bowls, though wages remain stagnant. Cafe owner Shizuo Mori is shouldering that extra cost out of fear of losing his customers.

An uptick in raw supply costs is causing a price hike in Japan's favourite consumer items, from coffee to beef bowls, though wages remain stagnant. Cafe owner Shizuo Mori is shouldering that extra cost out of fear of losing his customers.

Biden enlists Walmart, FedEx to fix bottlenecks

President Joe Biden on Wednesday urged the private sector to help ease supply chain blockages that are threatening to disrupt the U.S. holiday season and said the White House plans a nationwide overhaul of the clogged system. This report produced by

President Joe Biden on Wednesday urged the private sector to help ease supply chain blockages that are threatening to disrupt the U.S. holiday season and said the White House plans a nationwide overhaul of the clogged system. This report produced by

Hollywood crews to strike if no deal reached

Behind-the-scenes workers on Hollywood films and television shows will launch a nationwide strike next week unless contract talks with producers are resolved, their union said on Wednesday.

Behind-the-scenes workers on Hollywood films and television shows will launch a nationwide strike next week unless contract talks with producers are resolved, their union said on Wednesday.

Growth stocks lift S&P, Nasdaq

The S&P 500 and Nasdaq ended higher on Wednesday, led by gains in shares of big growth names like Amazon.com and Microsoft, but JPMorgan shares fell and weighed on the index even though the bank beat earnings expectations.

The S&P 500 and Nasdaq ended higher on Wednesday, led by gains in shares of big growth names like Amazon.com and Microsoft, but JPMorgan shares fell and weighed on the index even though the bank beat earnings expectations.

Facebook to change rules on attacking public figures

Facebook Inc will now count activists and journalists as "involuntary" public figures and so increase protections against harassment and bullying targeted at these groups, its global safety chief said in an interview this week. This report produced b

Facebook Inc will now count activists and journalists as "involuntary" public figures and so increase protections against harassment and bullying targeted at these groups, its global safety chief said in an interview this week. This report produced b

J.P. Morgan Chase posts earnings surge

J.P. Morgan Chase, the largest U.S. bank, posted a hefty 24 percent jump in third-quarter profits as a pick-up in consumer and Wall Street activity led to stronger-than-expected results. Conway G. Gittens went through the numbers.

J.P. Morgan Chase, the largest U.S. bank, posted a hefty 24 percent jump in third-quarter profits as a pick-up in consumer and Wall Street activity led to stronger-than-expected results. Conway G. Gittens went through the numbers.

U.S. gives marketing nod to an e-cigarette for first time

The U.S. Food and Drug Administration authorized British American Tobacco’s Vuse Solo e-cigarettes and tobacco-flavored pods, making it the first-ever vapor product to get clearance from the health regulator.

The U.S. Food and Drug Administration authorized British American Tobacco’s Vuse Solo e-cigarettes and tobacco-flavored pods, making it the first-ever vapor product to get clearance from the health regulator.