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Author : Rohan Kumar

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Lifestyle

European Food Prices: Where Grocery Bills Are Rising as Inflation Hits a Three-Year High

Rohan Kumar
After a relatively quiet year for food prices, Europe’s weekly shop is starting to get more expensive again. Figures released this week show eurozone inflation...
Business

McDonald’s US Sales Slip 0.2% as Customer Traffic Falls, but Profit Beats Forecasts

Rohan Kumar
McDonald’s has reported its first fall in US same-store sales in more than a year, a sign that even the world’s biggest burger chain is...
Technology

OpenAI Says Its AI Agents Found 948 Linux Root-Access Flaws in One 30-Hour Run

Rohan Kumar
OpenAI says an automated system built from AI agents has uncovered hundreds of serious security weaknesses in the Linux kernel, in a research run that...
Banking

NAB Annual Profit Falls 9.1% as Bad-Debt Charges Surge and Shares Slide

Rohan Kumar
National Australia Bank has delivered a full-year result that was weaker than many investors hoped, with profit falling and a sharp rise in provisions for...
Lifestyle

David Jones Goes Into Administration After 188 Years, Putting About 6,000 Jobs at Risk Before Christmas

Rohan Kumar
SYDNEY — David Jones, one of Australia’s most recognisable retail names, has been placed into voluntary administration and receivership, leaving the future of the 188-year-old...
BankingFinance

Bank of England Set to Raise Interest Rates for First Time Since 2023 as Energy Costs Push Up Inflation

Rohan Kumar
LONDON — The Bank of England is expected to raise interest rates on Thursday for the first time in more than three years, as higher...
Technology

Snap Posts Profit but Shares Tumble as Revenue and Daily Users Miss Estimates

Rohan Kumar
Snap Inc. delivered something investors have waited years for, a quarterly profit, but it was overshadowed by disappointing growth. The Snapchat owner reported third-quarter results...
Business

CVS Health Plans to Split Into Two Companies, Separating 9,000 Pharmacies From Aetna and Caremark

Rohan Kumar
CVS Health, one of America’s biggest healthcare companies, plans to break itself in two, ending an experiment in “one-stop” healthcare that began with a landmark...
Stock Market

Wall Street Surges as Dow Jumps More Than 1,500 Points and Oil Prices Slide After US Midterms

Rohan Kumar
NEW YORK — Wall Street posted its strongest session in months on Wednesday, as investors responded to the outcome of the US midterm elections and...