Business

Inflation in India sparks cheaper offers from global giantDomino’s and Pizza Hut tout world’s cheapest pizzaIndia is key growth market for global restaurant chainsPopularity of street food and local chains a big challengeCHENNAI/NEW DELHI, July 20 (Reuters) – Q: How does the world’s biggest pizza brand respond to high inflation in the world’s most populous… […]

July 19 (Reuters) – Sports and music marketing agency Wasserman on Wednesday agreed to acquire peer CSM Sport & Entertainment company for an undisclosed price in a bid to bolster its sports roster.The deal comes after Wasserman, which already represents talent across sports leagues including NBA, NFL and NHL, acquired Caric Sports Management and Squadra… […]

July 19 (Reuters) – Tesla (TSLA.O) CEO Elon Musk signalled on Wednesday that he would cut prices again on electric vehicles in “turbulent times”, even as his all-out price war on automaker rivals squeezes the company’s own margins.The company has slashed prices several times in the United States, China and other markets since late last… […]

WASHINGTON, July 19 (Reuters) – The Federal Reserve said on Wednesday it fined Deutsche Bank (DBKGn.DE) and its U.S. affiliates $186 million for failing to sufficiently address money laundering control problems and other shortcomings previously flagged by the U.S. central bank.The new penalty for lingering issues marks the latest blow for the German lender, which… […]

July 19 (Reuters) – Nissan (7201.T) on Wednesday became the first Japanese automaker to agree to adopt Tesla’s (TSLA.O) electric-vehicle charging technology in the U.S. and Canada, joining global peers in expanding their fast-charger network to boost EV adoption.Starting in 2025, Nissan will equip its EVs with the Tesla-developed North American Charging Standard (NACS) port,… […]