Tag: photography

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ECB Set to Cut Rates Again as Inflation Nears Target

The European Central Bank is expected to lower interest rates again Thursday, as inflation nears the target 2% and as political friction unsettles businesses in the euro zone's two biggest member-states.

Mulberry Reorients Focus on UK and US to Restore Profitability

Mulberry to focus on British luxury identity, reduce China exposure, and cut costs amid global luxury slowdown.

Meta's Metaverse Losses Continue Despite VR/AR Market Dominance

Meta's Reality Labs division continues to lose billions as Zuckerberg doubles down on the metaverse.

BOJ’s Himino Affirms Hawkish Outlook, Boosting Yen

Yen rises as BOJ Deputy Governor's comments reinforce rate hike expectations, fueling speculation of policy normalization.

Rakuten to Deepen Partnership With Mizuho, Scraps IPO Plan

Rakuten scraps IPO plans for securities arm, to focus on partnership with Mizuho Securities.

Fed Holds Rates, Sees Inflation Elevated as Powell Declines Comment on Trump

The Fed left interest rates unchanged as expected and indicated inflation remains "elevated."

Tesla Stock Rises on Promise of Growth Return in 2025

Tesla (TSLA) Stock Rises on Growth Pledge, Adjusted EPS Misses Forecast

Nissan Cuts Production, Offers Buyouts to U.S. Workers

Nissan slashes production and offers buyouts in US as part of 9,000 global job cuts and 20% production capacity reduction to regain profitability after quarterly loss due to sinking sales and ballooning inventory.

John B. Sanfilippo & Son Inc. reports $13.6M Q2 profit

John B. Sanfilippo & Son Inc. (JBSS) reported $13.6 million in profit for the fiscal second quarter.

US Trade Panel Sides With Juul in Ban on NJOY Vaping Products

U.S. trade tribunal rules in favor of Juul Labs, ordering a ban on NJOY's vaping products due to patent violations.