Popeyes Louisiana Kitchen, a subsidiary brand of Restaurant Brands International (NYSE: QSR) or RBI, is using its chicken sandwich profits as a springboard for a major makeover and global expansion. Upcoming plans include a push into new markets, further development in existing
(RTTNews) - U.S. Cellular (USM), an 83%-owned subsidiary of Telephone & Data Systems (TDS), said that it has appointed Laurent Therivel as President and Chief Executive Officer, effective July 1, 2020.
Shares in South Korean shipbuilders rallied more than 20% on Tuesday following $19 billion worth of deals to build vessels for Qatar Petroleum (QP) [QATPE.UL].
(RTTNews) - Ahead of Monday's holiday for Pancila Day, the Indonesia stock market had moved higher in six straight sessions, advancing more than 240 points or 5 percent along the way. The Jakarta Composite Index now sits just above the 4,750-point plateau and it's expected to op
(RTTNews) - The Japanese stock market is extending gains on Tuesday from the previous session following the positive cues overnight from Wall Street after a report showed U.S. manufacturing activity contracted at a slower rate in the month of May.
Coal India's sales fell 23.3% in May as utilities refrained from purchases amid record stockpiles and tepid demand because of a nationwide lockdown to curb the spread of the coronavirus.
(RTTNews) - The Hong Kong stock market on Monday halted the three-day losing streak in which it had dropped more than 425 points or 1.8 percent. The Hang Seng Index now sits just above the 23,730-point plateau and it may extend its gains on Tuesday.
(RTTNews) - The Australian stock market is modestly higher on Tuesday in choppy trading despite the positive cues overnight from Wall Street, as worries about U.S.-China tensions weighed on sentiment.
(RTTNews) - The China stock market has climbed higher in three straight sessions, advancing almost 80 points or 2.8 percent along the way. The Shanghai Composite Index now rests just above the 2,915-point plateau and it's set to open higher again on Tuesday.
Hedge funds continue to bet on a recovery in oil prices, but their bullishness is concentrated on crude, especially U.S. crude, while refined fuel markets are expected to take longer to tighten.
Oil prices rose in early trade on Tuesday, with traders waiting to see whether major crude producers agree to extend their huge output cuts to shore up prices at a meeting expected later this week.
(RTTNews) - The Taiwan stock market on Monday snapped the two-day slide in which it had fallen more than 70 points or 0.6 percent. The Taiwan Stock Exchange now rests just shy of the 11,080-point plateau and it may see additional support on Tuesday.
What happened
Shares of Evolent Health (NYSE: EVH) closed down 23% on Monday because the healthcare company's partner, Passport Health Plan, didn't get its Medicaid contract with the state of Kentucky renewed for 2021.
As food delivery service Grubhub (NYSE: GRUB) moves closer to a deal that would sell itself to Uber (NYSE: UBER), sources indicate that the closing might still be threatened by a new demand from Grubhub. While the two companies apparently came close to agreement on the sale pric
(RTTNews) - The South Korea stock market has finished higher in back-to-back sessions, advancing almost 40 points or 1.9 percent along the way. The KOSPI now rests just above the 2,065-point plateau and it's looking at another green light for Tuesday's trade.
South Korea's economy turned out to have shrunk by a seasonally adjusted 1.3% in the January-March period from the previous quarter, revised central bank data showed on Tuesday, an inch better than a 1.4% contraction estimated earlier.
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