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
about credit conditions. major us stock indexes fell more than 1% each on tuesday. shares in several regional banks in the us have dropped sharply, as investors fear the banking crisis is not over. another area of concern is the labour market, which, while still strong, is showing signs of cooling. so what will america s central bank do and say? the bbc s michelle fleury reports from westchester, new york. losing momentum after nine rate hikes in the past year. the federal reserve s efforts to cool the us economy are having an effect. this is a chain that you ll see on like roller shades and vertical blinds. something bill, who runs a family owned manufacturing business in westchester, new york, is seeing first hand. right now, we re expecting some softness in the marketplace for probably six months or so. we re seeing a lot of softness in the marketplace as far as demand, the commitment in terms of like long term blanket orders with customers. we re not seeing that either ri
these lads running around just fantastic. these lads running around ust fantastic. , ., , fantastic. and it is not ust the clothing. i fantastic. and it is not ust the clothing. there h fantastic. and it is not ust the clothing. there is h fantastic. and it is notjust l the clothing. there is plastic everywhere, water bottles, shinpads, the bids are made of polyester, and even if the banks themselves, they are made of plastic. birmingham county fa have already won awards for their initiatives on plastics, with 80,000 plays, they can make a big difference. over time, make a big difference. over time. the make a big difference. over time, the messages - make a big difference. over| time, the messages starting make a big difference. over i time, the messages starting to get through and people see the benefits in making the game more sustainable. long journeys start with small steps. hi, i mjack, with the catch up. we are going to talk politics because the deputy prime mi
results missed market expectations. delayed results, a missed market expectations. tesla s income and earnings fell by more than 20% in this past quarter compared to the same time last year. it is a big number, but not totally unexpected because the company has been slashing prices of its top selling vehicles over the past year. samira hussain has more from new york. bringing in 20% less income is, well, not good. what helps the electric car maker, however, is that it warned wall street this was coming, so it didn t come as a complete surprise given tesla cut prices on its top selling cars several times last year and in fact did it again this week. now, tesla is grappling with higher borrowing costs for consumers, slowing demand for their cars and so much more competition in the electric car market. so the price cuts did the trick. the company saw a 36% jump in deliveries, but the price cuts also mean that the profit margins on each card sold have gotten smaller. let s stay w
from one place to another. so today, i didn t know what i was going to make at all, but i picked up some of these. so these are from a chestnut tree that s actually where we re under under now. but i was just looking at these and, the more closely i looked, ijust thought that they were amazing colours. it s quite a simple design, but it ll take a little bit of application to make it look nice. winston s artworks can take anywhere from five minutes to five hours. and, although a simple gust of wind can destroy these masterpieces, it s the process and the impact that it has on passersby that makes this labour of love worthwhile. i think the fact that it s ephemeral, that it s transient, that it s not a permanent thing i think therein lies the beauty of it. hey, i mjack with the catch up!