
Meta stock climbs after company posts 11% revenue growth
Meta's "year of efficiency" seems to be paying off. The Facebook-parent company on Wednesday reported revenue of $32 billion for its quarter ending in June, marking an 11% increase compared to the same period last year and beating Wall Street expectations.
2023-07-27 07:55

Mattel plans to go all in on Barbie for Christmas
Mattel, riding high on the pink wave of the box office success of the "Barbie" movie, plans to go all in to deliver a Barbie kind of Christmas this year.
2023-07-27 07:52

Asia Set for Calm Post-Fed Open; Wary Eyes on Yen: Markets Wrap
Asian equity futures were mixed after the Federal Reserve hiked interest rates to a 22-year high and indicated
2023-07-27 07:46

Pemex Chief Says Mexico to Refinance Its Debt to Avoid High Cost
Mexico will refinance Petroleos Mexicanos’s debt since it’s cheaper than if the state oil giant goes to the
2023-07-27 07:16

Mastercard demands US cannabis shops stop accepting debit cards
The issuer says its debit cards must not be used for legal cannabis, due to federal laws in the US.
2023-07-27 06:58

Asian Hedge Funds Outperform With Bets on AI, Japanese and US Stocks
Several Asia-based hedge funds used bets tied to artificial intelligence, along with Japanese and US stocks, to beat
2023-07-27 06:25

Iron Ore Looks Set for a Tumble as Major Stimulus Hopes Fade
Iron ore’s rally over the last couple of months is looking increasingly brittle as hopes fade for the
2023-07-27 06:22

United Airlines details temporary Newark flight cuts
WASHINGTON United Airlines said on Wednesday its decision to cut about 15 flights from its daily schedule in
2023-07-27 06:20

Semiconductors: Can India become a global chip powerhouse?
India has ambitious plans for semiconductor manufacturing, but there are challenges along the way.
2023-07-27 05:52

Marketmind: China realism returns, Powell has spoken
By Jamie McGeever A look at the day ahead in Asian markets from Jamie McGeever, financial markets columnist.
2023-07-27 05:45

Meta Shares Climb After Revenue, Forecast Beat Estimates
Meta Platforms Inc. shares surged after the company forecast revenue that beat analysts’ estimates, showing that the social
2023-07-27 04:17

Canada: Prime Minister holds major cabinet shakeup
In seeking a fourth term, Justin Trudeau has overhauled his team ahead of Canada's next election.
2023-07-27 03:28