Sales rose 6.4% year-on-year as visitor arrivals grew and Mid-Autumn Festival spending helped, even as motor vehicle sales fell again.
Turkey’s inflation ran a bit hotter than expected in October, helped by a sharp jump in clothing and footwear prices. Consumer prices rose 2.58% from September and kept annual inflation just under 30% ...
Potts takes over immediately as Allan Leighton shifts from executive to non-executive chair, with Asda working to regain market share lost to Tesco and Sainsbury’s.
China’s STAR 50 index fell 3.8% after a report said Nvidia wants cloud partners to earn at least 51% of revenue outside China.
The biotech lined up up to $750 million from KKR and Blackstone and cut LG Chem’s MC4R royalties to 1% starting in January 2029.
Alibaba said a Taobao Live session sold 100,000 QwenWork memberships in 30 minutes, equal to about 2 trillion tokens.
Intel, Micron, AMD, Lumentum, and Marvell were modestly higher in early trading after sharp declines, while Palantir and Apple slipped.
Traders are watching for a possible Democratic sweep and what it could mean for AI oversight, as tech stocks stay under pressure.
The supplier aims to trim costs and complexity, taking a 480 million euro one-time charge to target 300 million euros in annual earnings improvement from 2030.
The airline said jet fuel costs were up more than €400 million year-on-year, even as third-quarter operating profit came in slightly above analysts’ forecasts.
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