Starbucks posted preliminary quarter four (Q4) results that took the Street by surprise on Tuesday afternoon. The company reported quarterly revenue that fell 3 per cent year over year to $9.
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All roads on Tuesday led to Manish Malhotra's home as Bollywood stars dressed in their finest traditional attire attended the designer's Diwali bash. From Alia Bhatt to Kiara Advani to Shahid Kapoor to Rekha to Kartik Aaryan- Bollywood's who's who truned up at the bash which officially kickstarted the festive season in tinseltown.
China has stepped forward to assist Sri Lanka in the wake of severe flooding that has affected over 150,000 individuals across the island nation. The Chinese government has pledged $100,000 (approximately LKR 30 million) as humanitarian relief, marking a significant gesture of goodwill towards the newly elected administration led by President Anura Kumara Dissanayake according to a detailed report by the Press Trust of India.
The Vietnamese electric vehicle manufacturer VinFast said while deliveries were still relatively low for the third quarter, it had a strong rebound in domestic demand.
Norway’s gigantic sovereign wealth fund on Tuesday reported a third-quarter profit of 835 billion Norwegian kroner ($76.3 billion). The fund attributed its performance to a stock market boost from falling interest rates as detailed in a report by CNBC.
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