Asda Reports First Sales Growth in Over Two Years
Business & Markets • 9 days ago
The UK's third-largest supermarket saw a slight increase in sales for the 12 weeks ending September 6, marking a positive shift after a prolonged period of decline.
Business & Markets News
US Drinks Giant Sazerac Buys Viral Au Vodka Brand for £300 Million
Business & Markets • 9 days ago
The acquisition marks a significant milestone for the Swansea-based company, known for its distinctive gold packaging and social media presence.
Grab to Acquire Majority Stake in Atome Financial for $1.49 Billion
Business & Markets • 10 days ago
The deal aims to bolster Grab's presence in the digital lending sector across Southeast Asia.
AirBaltic Files for Bankruptcy Protection, Assures Passengers Flights Continue
Business & Markets • 10 days ago
Latvia's national airline seeks to restructure debts under Chapter 11, but assures travelers that bookings and services remain unaffected.
US Diesel Prices Reach Record High Amid Supply Shortage
Business & Markets • 10 days ago
The national average price for a gallon of diesel fuel surpassed $6.27 on Tuesday, fueling concerns about inflation and interest rate hikes.
Treasury Yields Top 5% as Oil Prices Surge
Business & Markets • 10 days ago
The 10-year Treasury yield crossed the 5% threshold for the first time in over 15 years, while Brent crude oil reached $108 a barrel amid global economic pressures.
Cue Clothing and Veronika Maine Collapse Into Receivership
Business & Markets • 10 days ago
The Australian womenswear brands have entered voluntary administration, placing 51 stores and hundreds of jobs at risk.
Luxury Florist Flowerbx Wins High Court Trademark Battle Against Rival
Business & Markets • 10 days ago
Flowerbx, a company favored by celebrities like Victoria Beckham, successfully argued that a rival firm's similar name infringed on its trademark.
European Natural Gas Prices Hold Steady Amid Tight Market Conditions
Business & Markets • 10 days ago
The Dutch TTF contract shows minimal fluctuation as supply and demand dynamics keep prices supported.