Walmart reported fiscal second-quarter revenue of $187.94 billion, exceeding analyst expectations. Despite strong e-commerce growth and a raised annual outlook, shares fell nearly 10% as investors reacted to U.S. comparable sales figures.
Following recent arrests involving beauty chain Opatra London, legal experts clarify that high-pressure sales tactics in Hong Kong can constitute criminal offenses under the Trade Descriptions Ordinance if they impair a consumer's freedom of choice.
Henderson Land Development reported an unaudited underlying profit of HK$5.07 billion for the first half of the year, marking a significant increase from the previous year. Contracted sales in Hong Kong rose by 188 percent, driven by strong demand for new residential projects.
Hindustan Machine Tools sold over ₹35 lakh worth of watches in a single day in Bengaluru on Independence Day, with buyers queuing for hours for limited-edition models like the Gandaberunda edition, reflecting enduring nostalgia for the historic brand.
Target reported strong fiscal second-quarter earnings, beating Wall Street estimates with 3.8% comparable sales growth and raising its full-year guidance, bolstered by a $752 million net earnings boost from tariff refunds.
Walmart reported fiscal second-quarter revenue of $187.94 billion, beating Wall Street estimates, and raised its full-year outlook as e-commerce grew 23% globally. CFO John David Rainey noted consumers remain stretched by high costs.
JD Sports cut its full-year profit forecast to between £700m and £800m after cost of living pressures and higher fuel prices caused by conflict in the Middle East weighed on sales of trainers, sending its shares down 12%.
The SEC proposed new rules under "Regulation Crypto Assets" allowing crypto projects to raise funds without full securities registration, offering exemptions for up to $5 million and $75 million.
Chinese carmaker Chery is expanding in the UK with a new research and development centre at UTAC Millbrook in Bedfordshire, following rapid sales growth and plans for UK-based manufacturing.
Target reported a 5.3% increase in net sales for the second quarter, exceeding Wall Street expectations. The results were bolstered by $752 million in tariff refunds, prompting the retailer to raise its full-year earnings and sales growth outlook.
A new research preprint reveals that Hyperliquid's backstop absorbed approximately $576 million of $641 million in forced sales during the October 2025 crypto crash, potentially mitigating price feedback loops within the venue.
One Nation leader Pauline Hanson has disrupted Australian political discourse by proposing a 75% cut to tobacco excise and advocating for early access to superannuation, forcing Labor and the Coalition to defend their respective policy positions.
Strategy directed $333.7 million from common-stock sales toward preferred-stock obligations and cash reserves, pausing Bitcoin purchases and prioritizing STRC support amid widening share underperformance.
Hong Kong Customs seizes documents from a Sheung Wan office linked to Opatra London beauty chain amid 6 complaints of high-pressure sales tactics involving up to HK$100,000.
The historic Flatiron Building in Manhattan is nearing full occupancy for its publicly listed luxury residences, with 82% of units under contract. The conversion from office space to high-end homes is expected to welcome residents this autumn.
Reflecting on 35 years of Sonic the Hedgehog, producer Takashi Iizuka and brand officer Ivo Gerscovich discuss the franchise's evolution from a 16-bit console rival to a global transmedia powerhouse, highlighting its enduring appeal across generations.
Brunswick Corp. is leveraging advanced marine technology and its Freedom Boat Club membership model to drive growth as new boat sales remain sluggish. The company aims for $7-8 billion in revenue by 2030, focusing on recurring income and premium product resilience.
China's industrial output and retail sales growth slowed in July, missing analyst expectations. The National Bureau of Statistics cited extreme weather as a factor, while Premier Li Qiang acknowledged weak domestic demand, prompting calls for further government intervention.
Grocery inflation in the UK slowed to 2.1% in the four weeks to 9 August as shoppers bought summer picnic items and ice cream during heatwaves, while relying on deals for nearly a third of all sales.
Strategy made no Bitcoin purchases or sales in the week ending August 16, maintaining its holdings at 840,447 BTC while raising $333.7 million from MSTR share sales to allocate toward preferred dividends, a STRC buyback, and its dollar reserve.
Strategy raised $333.7M through common stock sales (Aug 10-16), used proceeds for dividends, debt, and reserves, but made no new Bitcoin purchases, keeping its BTC holdings at 840,447.
Tesla investor Ross Gerber advises consumers to buy the iPhone 17 now before upcoming models face price hikes driven by surging memory costs, despite robust current sales.
South Korea's CJ Group aims for 12 trillion won in annual North American sales by 2028, leveraging K-culture popularity across food, entertainment, and beauty sectors following strong growth since 2017.
GD Culture Group reported a $211.8 million first-half unrealized Bitcoin loss and an 18-fold increase in its share count, revealing pressures in its crypto-treasury strategy.
