Sunday, 13 Jul 2025

Business

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Asia stocks stymied by trade talk frustration

SYDNEY (Reuters) – Asian shares managed to cling near multi-month peaks on Thursday while bonds eked out a bounce as reports of delays in sealing a preliminary Sino-U.S. trade deal left investors frustrated at the lack of concrete progress. MSCI’s broadest index of Asia-Pacific shares outside Japan eased a slight 0.1%, just off a six-month […]

Roku quarterly net loss widens, shares plunge

(Reuters) – U.S. video streaming service Roku Inc (ROKU.O) reported a wider net loss in the third quarter on Wednesday, as it spent more to attract subscribers to its video streaming platform. Its shares plunged 15% in extended trading. The San Jose, California, company’s net loss widened to $25.2 million, or 22 cents per share, […]

Wall St. ends near flat; healthcare shares gain but trade deal delay weighs

NEW YORK (Reuters) – U.S. stocks ended little changed on Wednesday as a report the U.S.-China trade deal could be delayed until December was offset by gains in healthcare shares. The Nasdaq broke a three-day string of record closing highs, and the Dow barely snapped its two-day run of record highs. A senior official of […]

How to (Gently) Help Your Aging Parents Manage Their Money

When Reagan Alonso, a semiretired nurse living in Jacksonville, Fla., first gently offered to help her aging mother with her finances, she encountered resistance. Her mother, now 88, was born in Ohio, and “being from the Midwest and of that generation, we’re very much, ‘you don’t talk about money,’” Ms. Alonso, 60, said. “When it […]

Wall Street slips following report trade deal could be delayed

NEW YORK (Reuters) – U.S. stocks slipped on Wednesday following a Reuters report the U.S.-China trade deal could be delayed until December. A senior official of the Trump administration said a meeting between U.S. President Donald Trump and Chinese President Xi Jinping to sign a long-awaited interim trade deal could be delayed until December, as […]

Airbnb to review 'high risk reservations' following Halloween shooting

(Reuters) – Airbnb Inc will start a 24/7 hotline and review “high risk reservations” following the Halloween shooting incident in California, the home rental platform said in an email to employees seen by Reuters. The company has already banned “party houses” after the shooting incident last week, where five people were killed at a large […]

Pizza Express owner in £80m lifeline to debt-ridden chain

The owner of Pizza Express has moved to counter concerns for its financial future through an £80m cash injection. Chinese investment vehicle Hony Capital, which bought the chain in 2014, made the announcement weeks after Pizza Express hired advisers to help with creditor talks over its £1.1bn debt pile. Then, Pizza Express – which has […]

Wall Street eyes higher open after robust earnings run

(Reuters) – Wall Street’s main indexes were set to open near record highs on Wednesday, as a largely upbeat corporate earnings season and optimism around a U.S.-China trade truce drive a rally in stocks. Latest reports on the trade front said the world’s top two economies were still working out the details of a “phase […]

Pizza Express speaks out amid restaurant closure fears and £1.1billion debt

High street restaurant chain Pizza Express has spoken out on rumours of potential store closures after announcing it was more than a billion in debt. The company reportedly called in auditors in October, after its most recent accounts showed the chain's total debt was £1.12billion – working out at £1.79million a restaurant. However, in a […]