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By Juveria Tabassum (Reuters) – Domino’s Pizza on Monday missed estimates for quarterly same-store sales and said the consumer environment for fast food would remain pressured in 2025 as companies double down on their value meal offerings, taking its shares down 5%. Fast-food chains have been relying more on discounting in recent years – with …

Domino’s Pizza misses sales estimates as value meal war tempers US demand Read More »

(Reuters) -Alternative asset manager Apollo Global Management will buy real estate firm Bridge Investment Group for about $1.5 billion in an all-stock deal, expanding its real estate offerings. Bridge stockholders and unit holders of its subsidiary will each receive 0.07081 shares of Apollo stock for every share they hold, with each share valued at $11.50, …

Apollo to buy real-estate management firm Bridge Investment for $1.5 billion Read More »

(Reuters) – Tesla is readying a software update for customers in China to offer driving-assistance capabilities similar to its full self-driving (FSD) features in the U.S., Bloomberg News reported on Monday, citing a person familiar with the matter. The capabilities will be deployed to customers who have paid 64,000 yuan ($8,831.73) for what Tesla calls …

Tesla prepares to deploy full self-driving features in China, Bloomberg News reports Read More »

By Emma Rumney LONDON (Reuters) – Sales of unauthorised, flavoured disposable vapes in the United States amounted to around $2.4 billion in 2024, or 35% of the e-cigarettes from outlets such as convenience stores and supermarkets, according to private retail sales data reviewed by Reuters. That compares to sales worth $3.2 billion in 2023 and …

Illegal U.S. vape sales worth at least $2.4 billion in 2024, data shows Read More »

By Gabriel Araujo SAO PAULO (Reuters) -Brazilian airline Azul expects to go “back to basics” and be able to focus more on its operations this year, Chief Executive John Rodgerson said, after a challenging 2024 marked by some market disruptions and a major debt restructuring. “I am excited about 2025. It can’t be worse than …

Brazilian airline Azul to go ‘back to basics’ after challenging 2024 Read More »

(Reuters) – U.S. private equity firm Bain Capital has tabled a 1.1-billion-pound ($1.39 billion) proposal to buy Chemring Group, Sky News reported on Monday, sending shares of the London-listed defence contractor up more than 16%. The 390 pence per share bid is at a premium of nearly 9% to the stock’s close on Friday. Shares …

Bain Capital offers to buy London-listed defence firm Chemring, Sky News reports Read More »

By Andrew Mills DOHA (Reuters) – Qatar’s government has signed a five-year deal with AI data company Scale AI to deploy AI-powered tools and training in a push to improve government services in the Gulf Arab state, a senior Scale AI executive told Reuters on Sunday. “(This deal) can be a blueprint for other governments …

Qatar signs deal with Scale AI to use AI to boost government services Read More »