Sweetgreen stock tumbles as cyclosporiasis scare dents salad sales
Sweetgreen shares fell 15% after the salad chain cut its annual sales forecast, citing consumer concerns over a record cyclosporiasis outbreak.
Business
Home-Cooked Thali Costs Rise as Onion, Oil, and LPG Prices Bite
Crisil data shows vegetarian thali costs rose 4% and non-veg thali 9% in July, driven by onions, edible oil, LPG, and broiler prices.
Premier League Kit Sponsorships Enter Post-Betting Era
Premier League clubs are moving beyond gambling sponsors, with fintech, AI, and sovereign investment deals now shaping the commercial future.
Lanxess beats Q2 profit estimates but warns of no market recovery
Lanxess posts Q2 core profit above forecasts but sees no broad recovery, sending shares down 5%.
Global Markets Steady Ahead of US Jobs Data; Tech Stocks Rally on Strong Forecasts
US futures were mixed Friday as investors awaited key jobs data. Chip and software stocks rallied on strong forecasts from Atlassian and Microchip.
Daimler Truck's Q2 order miss weighs on shares despite US optimism
Daimler Truck shares fell 4% after Q2 order intake missed forecasts, despite upbeat US freight recovery and raised full-year outlook.
Eutelsat forecasts revenue uptick on OneWeb growth, shares slide on margins
Eutelsat projects slight revenue growth for 2027 driven by OneWeb, but weaker margins trigger an 8% share drop.
Copper Heads for Best Week Since May on Supply Squeeze
Copper prices rose on supply worries and tight stocks, heading for their strongest week since May.
Tanzania, Uganda sign pact with Vitol for Tanga energy hub
Tanzania and Uganda signed a non-binding pact with Vitol Bahrain to develop a regional energy hub at Tanga port, with potential infrastructure investments exceeding $20 billion.
Taiwan July Exports Miss Forecasts, AI Demand Remains Solid
Taiwan's July exports rose 32.9% year-on-year to $75.3 billion, missing forecasts but supported by strong AI and chip demand.
Airbus July deliveries flat, China orders firm up backlog
Airbus delivered 67 jets in July, matching last year, and confirmed major Chinese orders as it pushes toward its 870-unit annual goal.
SBI Q1 Net Profit Up 10% to Rs 21,121 Crore on Strong NII, Loan Growth
SBI's Q1 FY27 net profit rose 10.23% YoY to Rs 21,121 crore, with NII up 14.88% and gross NPA ratio improving to 1.47%.
Gold heads for best week since January as rate-hike bets ease
Gold is set for its strongest week since January, up over 6%, as traders trim rate-hike bets and Iran peace hopes ease inflation concerns.
India's EV retail sales hit record high in July 2026, up 66% YoY
India's EV retail sales hit a record 3,27,901 units in July 2026, up 66% YoY, with two-wheelers crossing 2 lakh units.
Indonesia, Singapore buck weak Asian trend as investors rotate from AI
Indonesian and Singaporean equities outperform Asian peers as investors rotate from crowded AI trades into cheaper markets.
L&T Wins Major Offshore EPCIC Contracts from ONGC for West Coast Projects
L&T's offshore arm has secured major EPCIC orders from ONGC for subsea pipeline replacement and well head platform projects.
NSE data: India's median investor age falls to 33, under-30s now 37.9% of base
India's median investor age dropped to 33 by June 2026, with under-30s making up 37.9% of the base, per NSE data.
Hispasat to lead key ground segment for EU's €15.6 billion IRIS2 network
Hispasat named prime contractor for ground systems and LEO services in the EU's €15.6 billion IRIS2 secure satellite network.
FSSAI holds firm on energy drink label ban, industry seeks reprieve
India's food regulator will not extend the 90-day deadline for removing 'energy drink' labels, despite industry pleas and concerns over millions of cans in stock.
China's Gold Reserves Post Sharpest Monthly Jump Since Late 2023
China's central bank boosted gold reserves by 640,000 ounces in July, the largest monthly increase since October 2023.