Category : Markets


Asian Markets Fall After Wall Street Tech Sell-Off on AI Worries

Asian shares traded mostly lower on Friday, mirroring sharp losses on Wall Street driven by a sell-off in technology stocks amid investor concerns over AI disruptions. Key indexes in Tokyo, Hong Kong, and Australia declined, while South Korea's Kospi buck

Steak 'n Shake's Microwave Removal Sparks Customer Confusion

Steak 'n Shake's announcement to remove microwaves from all U.S. restaurants by mid-April has left customers puzzled, unaware the chain used them. The move is part of a broader strategy to enhance food quality and embrace traditional cooking methods.

Martha Stewart's NYSE Return After Insider Trading Conviction

Martha Stewart presided over the NYSE closing bell, marking a dramatic reversal from her 2004 insider trading conviction and prison sentence. The 84-year-old lifestyle guru celebrated Miracle-Gro's 30th anniversary as their Chief Gardening Officer.

Heineken to Cut Up to 6,000 Jobs Globally

Heineken plans to reduce its workforce by up to 6,000 positions over two years, citing weak beer demand, health trends, and economic pressures. The brewer also revised its 2026 profit growth forecast downward.

Asian Shares Advance After Weak US Retail Data

Asian stock markets posted moderate gains on Wednesday, buoyed by mixed US performance and weak holiday retail data that could prompt Federal Reserve interest rate cuts. Key indices in China, Australia, and Taiwan all climbed.

BP Halts Share Buy-Backs as Profits Slide to $7.5bn

BP has suspended share buy-backs after reporting weaker annual profits, with underlying earnings falling to just below $7.5bn for 2025. The oil giant faces pressure as it aims for a turnaround under new leadership.

Global Stocks Hit Record Highs, BP Profits Slump 16%

Global stocks reached new record levels in Asian trade, led by Tokyo's Nikkei, while BP reported a 16% annual profit decline due to lower oil prices. Key US economic data this week could influence market direction.

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