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Pepco revenue rises as inflation-hit shoppers lean on discount stores

BENGALURU (Reuters) -Poundland and Dealz owner Pepco Group on Thursday posted a 17.1% rise in third-quarter revenue as cash-strapped shoppers fuelled demand at its discount stores. Revenue rose to 1.21.

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U.S. venture capital dealmaking slows on economic uncertainty

(Reuters) – Venture capital dealmaking in the United States dipped in the first half of 2022, as investors shied away from signing large checks for startups due to uncertain macroeconomic.

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Taiwan says Foxconn needs govt approval for any China chip firm investment

TAIPEI (Reuters) – Taiwan’s Foxconn, the world’s largest contract electronics maker, would need Taiwanese government permission if its unit were to invest in embattled Chinese chip conglomerate Tsinghua Unigroup, a.

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U.S. successfully tests pair of Lockheed hypersonic missiles

By Mike Stone WASHINGTON (Reuters) -The United States successfully tested two Lockheed Martin Corp (NYSE:LMT) hypersonic missiles recently, the Pentagon said on Wednesday, amid growing concerns Russia and China have had more.

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Uber and Lyft Face Debates Around Profitability – KeyBanc

By Sam Boughedda Uber (NYSE:UBER) and Lyft (NASDAQ:LYFT) were initiated with a Sector Weight rating by analysts at Keybanc Capital Markets on Wednesday. The analysts, led by Justin Patterson, said there are.

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Wall Street falls as inflation data fuels rate hike fears

By Amruta Khandekar and Bansari Mayur Kamdar (Reuters) – Wall Street’s main indexes slid on Wednesday after hotter-than-expected inflation data fanned fears that the Federal Reserve might take a more.

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Deutsche Telekom to sell tower business to N. American consortium – Handelsblatt

BERLIN (Reuters) -Deutsche Telekom aims to decide on the sale of its tower business on Wednesday, and a surprise bid by a consortium of Canada’s Brookfield and private equity group.

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Intelligent Living Application Group IPO Opens 450% Higher

Today’s IPO for Intelligent Living Application Group Inc. (ILAG) opened for trading at $22.01 after pricing 5,060,000 ordinary shares at a price of $4.00 per share. The Offering was conducted.

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Fastenal Shares Slide After Q2 Net Sales Narrowly Miss Estimates

By Scott Kanowsky  Investing.com — Shares in Fastenal Company (NASDAQ:FAST) dropped by as much as 6% on Wednesday after the industrial distributor reported weaker than expected revenue in the second quarter..

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Mercedes-Benz to start assembly of electric bus in Brazil as demand grows

SAO PAULO (Reuters) – German automaker Mercedes-Benz Group AG is set to start the assembly of its first electric bus in Brazil between November and December, an executive said on.

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