By Suban Abdulla LONDON (Reuters) – British shoppers increased their spending moderately in annual terms last month despite industry concerns about tax rises in finance minister Rachel Reeves’ upcoming budget and a looming rise in household energy bills, a survey showed on Tuesday. The British Retail Consortium said spending in shops increased by 2.0% in annual terms in September, the strongest uptick since March when it increased by 3.5% although less of a rise than the 2.7% recorded in September 2023. Reeves took office in July following the Labour government’s landslide election win and is set to deliver her first…
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A customer places a Japanese 10,000 yen banknote on a checkout counter while making a purchase at an Akidai YK supermarket in Tokyo, Japan, on Monday, June 27, 2022.Kiyoshi Ota | Bloomberg | Getty ImagesSINGAPORE — Asia-Pacific markets mostly fell on Tuesday, with investors watching August pay and spending data out from Japan and as mainland Chinese markets return to trade.Household spending in Japan fell 1.9% year-on-year in August in real terms, a softer fall compared to the 2.6% decline expected by a Reuters poll of economists.The drop is the fastest pace of decline since January, which saw a 6.3%…
By Cassandra Garrison and Diego Oré MEXICO CITY (Reuters) – President Claudia Sheinbaum will present her strategy for confronting Mexico’s dire security situation on Tuesday amid a backdrop of high-profile violence including the brutal murder of a local mayor on Sunday that shocked the country. Sheinbaum, inaugurated as Mexico’s first woman president less than a week ago, is expected to unveil a policy that prioritizes reestablishing law and order in the most deadly areas plagued by violence linked to drug cartels and organized crime. Her highly anticipated security plan comes as Mexico reels from the murder of Alejandro Arcos, the…
(Reuters) – A look at the day ahead in Asian markets.A short-lived conviction that the Fed would stick to a dovish path evaporated after Friday’s bet-busting payrolls number, with Treasury yields on Monday backing up above 4% and traders introducing a small chance that November might not yield a rate cut at all.The Fed rethink cooled Wall Street’s jets but prospects for the U.S. economy to skirt a recession would not need to be an impediment to Asia’s rally. It will offer mainland Chinese investors a fresh international backdrop when they return on Tuesday from the Golden Week holiday and…
In recent trading activity, insiders at Conduit Pharmaceuticals Inc. (NASDAQ:CDT) have sold a significant number of shares, with transactions amounting to over $393,000. The sales took place at prices ranging from $0.1026 to $0.1043 per share. The series of transactions began on October 3, 2024, when 1,500,000 shares were sold at $0.1043 each. Following closely, on October 4, another 1,368,991 shares were traded at a slightly lower price of $0.1026 per share. The selling continued on October 7, with 939,009 shares being sold at $0.1028 each. These sales by insiders are noteworthy as they represent a substantial change in their…
BRISBANE, Calif.–(BUSINESS WIRE)–Cutera, Inc. (Nasdaq: CUTR), a leading provider of aesthetic and dermatology solutions, announced today that it will report financial results for the third quarter ended September 30, 2024, after the market closes on Thursday, November 7, 2024. The Company’s management will host a conference call to discuss these results and related matters at 1:30 p.m. PT (4:30 p.m ET) that same day. Participants can register for the conference call at the following registration link. Upon registering, a calendar booking will be provided by email including the dial-in details and a unique PIN to access the call. Using this…
NurPhoto / Contributor / Getty ImagesKey TakeawaysNvidia’s market capitalization overtook Microsoft’s on Monday, making it the second-largest company in the world behind Apple.The semiconductor company and its partners are seeing robust demand for products to support artificial intelligence (AI).Analysts suggested Nvidia shares could still climb higher, given the strength of AI spending and seasonal tailwinds.Nvidia’s (NVDA)market capitalization overtook Microsoft’s (MSFT) on Monday, making it the second-largest company in the world behind Apple (AAPL).Nvidia shares climbed just over 2% Monday, lifting the chipmaker’s market cap to $3.13 trillion, ahead of Microsoft’s $3.04 trillion. Super Micro Computer (SMCI), a partner of Nvidia,…
The BMW X5 has long been a standout in the crossover segment, known for its sleek design and powerful performance. While the first generation had its unique charm, it’s the second-generation model that truly captured the hearts of many. If you’re looking for a luxurious and capable SUV that has aged gracefully, then this 2011 BMW X5 xDrive35i might be just what you’re searching for. This particular model is equipped with a 3.0-liter six-cylinder engine that delivers a respectable 302 horsepower and 295 pound-feet of torque. Power is sent to all four wheels via BMW’s xDrive all-wheel drive system, ensuring…
By Dietrich Knauth NEW YORK (Reuters) -FTX received court approval of its bankruptcy plan on Monday, which will allow it to fully repay customers using up to $16.5 billion in assets recovered since the once-leading crypto exchange collapsed. U.S. Bankruptcy Judge John Dorsey approved the wind-down plan at a court hearing in Wilmington, Delaware, saying FTX’s success made it “a model case for how to deal with a very complex Chapter 11 bankruptcy proceeding.” The plan is built on a series of settlements with FTX customers and creditors, U.S. government agencies, and liquidators appointed to wind down FTX’s operations outside…
The Audi RS 7 Sportback, though nearing its end, continues to fascinate tuners. While ABT and Mansory have offered their unique interpretations, DarwinPro Aero’s recent creation stands out for its distinctive aesthetic. Despite the RS 7’s inherent appeal, this particular modification deviates significantly from its sleek, elegant lines. The exterior enhancements, including a redesigned front fascia, enlarged fenders, and a prominent rear wing, create a more aggressive appearance. However, the effect is somewhat jarring, contrasting with the car’s original sophistication. While the silver paint finish and black accents add a touch of visual interest, they cannot fully disguise the underlying…