Tag: Business

US wholesale inflation picked up in June in sign that some price pressures remain elevated

WASHINGTON -- Wholesale prices in the United States rose by a larger-than-expected 2.6% last month from a year earlier, a sign that some...

Czech brewer Budvar's net profit up 46.3% in 2023 as it recovers from loss of the Russian market

The Czech brewer Budvar, which has been embroiled in a long legal dispute with U.S. beer giant Anheuser-Busch over the use of the...

JPMorgan Q2 profit rose 25% as bank cashed in holdings in Visa

JPMorgan Chase says profits jumped sharply in the second quarter as the bank cashed in billions of dollars of its holdings in Visa...

European Union says X's blue checks are deceptive, transparency falls short under social media law

LONDON -- The European Union said Friday that blue checkmarks from Elon Musk's X are deceptive and that the online platform falls short...

The son of Asia’s richest man is set to marry in the year's most extravagant wedding

MUMBAI, India -- Global celebrities, business tycoons and politicians began arriving in India’s financial capital on Friday to attend the wedding of the...

Stock market today: Asian stocks mixed with volatile yen after Wall Street rises on inflation report

HONG KONG -- Asian stocks were mixed Friday, with the Japanese yen losing some of its gains after the latest U.S. update on...