Customers what does it mean for their customers and this was originally a uk lifestyle brand, so what does it mean for the employees in the uk . figs mean for the employees in the uk . Sis you mean for the employees in the uk . Is you say it is a turn for a company that started specialising in menswear in the 19805 and now has grown nearly 50 stores and nearly a thousand employees. They sell online and operate within department stores. Under conditions like this it would be reasonable to expect that a sale could result in job losses even into the hundreds and they did not indicate what that could look like but we heard from the chief strategy and transition officer for authentic and he said hopefully some consolidation at the brand and it will still be Available Online and in store spot for employees and stakeholders, he said we wish there could have been a better outcome but for employees. Authentic brands group is the owner of ted baker, since 2022, but the acquisition happened afte
On this just moments ago. Listen here. And the president has said he wished he didnt call this the Inflation Reduction Act. What should you call it . Well, he said following that sentiment because i think its a complicated bill that it also has reduced costs and i think its very important to note that both on healthcare and as i noted on the energy side we have already seen costs coming down. John are they . I mean, gas is nearly four bucks a gallon again. Gillian home prices are up. John are americans really feeling any relief as john suggests they are . Im john roberts. Good to spend another hour with you. Gillian you as well, john. Gillian turner in for sandra. Trying to narrow Donald Trumps polling lead. John only one clear frontrunner and that is the former president. Florida Governor Ron Desantis and tim scott are the two main contenders for the top spot. Gillian the majority of Republican Voters agree trump is in the best position to beat trump in the general, 28 are arguing for
Higher Profit Margins than expected as offered fewer discounts. All that bodes well for walmart which is due to report a 4 rise in sales. Results from the Worlds Largest retailer should also a glimpse into demand for back to school items. Traders are hoping that despite higher borrowing costs, it will show that us shoppers are still willing to spend on essentials. Staying with retail jd. Com Beat Analyst Forecasts for Second Quarter revenue, which rose more than 7 to nearly 40 billion. The chinese e commerce giants Focus On Lower priced products paid off in the fight for customers amid an economic slowdown. The company said it attracted more vendors to its platform, helped by lower thresholds and costs for them to join, and that users shopped more frequently as its Product Range expanded. It was a different story over at tencent where Earnings Results came in below estimates in the Second Quarter. Revenue grew 11 to just over 20 billion. Tencent s core Gaming Business experienced weake
Welcome news, but a long way to go. What happens now . Welcome news, but a long way to go. What happens now . Good morning. This is the first step what happens now . Good morning. This is the first step that what happens now . Good morning. This is the first step that does what happens now . Good morning. This is the first step that does indicate is the first step that does indicate they could be a socialist led government in the future weeks, but it was an inconclusive General Election with a hung parliament, so there is still a chance there will be a Repeat Election in a few months. Nothing is clear yet, but we know that might become certainty. We will see how this changes in the next few weeks. In principle there is a deal between the socialist. We will find out pretty soon. This is a deal between the socialist. We will find out pretty soon. Will find out pretty soon. This has all weighed will find out pretty soon. This has all weighed quite will find out pretty soon. This has all w