Imperial Brands Says Outlook on Track
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KFC parent Yum Brands approves $2 billion in share buybacks
KFC and Pizza Hut parent company Yum Brands said its board had approved a new $2 billion share buyback program over the next two years.MarketWatch - Business -
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Siemens Cuts Digital Industries Outlook on China Weakness
Siemens cut fiscal 2024 guidance for its closely watched digital industries unit, citing a slower-than-expected recovery in its China automation operations, but raised its forecast for the smart infrastructure division.The Wall Street Journal - World - China -
Tesla's Chinese rival Nio launches a new brand and car that undercuts the Model Y by $4,000
Chinese electric car company Nio revealed Wednesday that the first car for its new, lower-priced brand, Onvo, will be about $4,000 cheaper than Tesla's Model Y.CNBC - Business -
Why Megababe Co-Founder Katie Sturino Just Launched the Brand's First-Ever Ad Campaign
The bootstrapped body care brand has grown profitably over the past seven years through press hits and word of mouth. Now, the brand is launching its first-ever ad campaign.Inc. - Business -
Long-Term JGBs Rise, Tracking Gains in U.S. Treasurys
Long-term JGBs rose in the morning Tokyo session, tracking overnight gains in Treasurys.The Wall Street Journal - World -
New Zealand Shares Jump 1.75% in Largest Gain Since November
New Zealand’s NZX-50 closed 1.75% higher at 11728.06, snapping a run of three losses with its largest one-day rise since early November.The Wall Street Journal - World - New Zealand -
Cisco’s stock rises as demand stabilizes and revenue outlook impresses
“Customers are consuming the equipment shipped over the last few quarters in line with our expectations,” Cisco’s CFO said.MarketWatch - Business -