BENGALURU, May 13 Reuters Varun Beverages reported its firstquarter earnings above market expectations on Monday, as the Pepsi India bottler benefited from an uptick in demand for soft drinks due to an early onset of summer. Gurugrambased Varun Beverages39; consolidated net profit rose to 5.37 billion rupees 64.3 million for the quarter ended March 31, from […]

NEW YORK, May 13 Reuters Walmart39;s earnings amid signs of weaker discretionary spending could add fuel to a rally that has propelled its shares to record highs, or potentially spook investors looking to justify the heavyweight retailer39;s pricey valuation. As Walmart gears up to report its firstquarter earnings on Thursday, Americans continue to spend heavily online, driven […]

May 13 Reuters Apple employees at a New Jersey retail store have voted against joining a union, potentially stifling momentum for a push to organize the tech giant39;s workforce nationwide. Workers at the store in Short Hills, New Jersey, voted 5741 against joining the Communication Workers of America CWA union in an election that ended on Saturday, […]

May 13 Reuters SpaceX is building launch facilities, office buildings and even a shopping center in rural Texas, as billionaire Elon Musk39;s space venture rapidly expands its rocket and satellite business across the Lone Star state. But a Reuters review of Texas property records shows that SpaceX and its contractors can be far slower to […]

May 10 Reuters Novavax on Friday said it had struck a licensing deal worth at least 1.2 billion with Sanofi for its COVID19 vaccine in exchange for a stake that valued the U.S. biotech firm at double its current market capitalization. The Marylandbased drugmaker39;s stock more than doubled in Friday trading to 8.97 following the deal as […]

India flips to discount of 7oz this week China premiums rise to 2635oz Demand picks up in Japan after holidays traders Reuters Demand for physical gold was much lower than usual during a key festival in India, the world39;s secondbiggest consumer, as nearrecord high prices deterred retail buyers and forced dealers to offer steep discounts. […]