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Domino's Pizza shares surged 10% on Wednesday after the pizza chain said customers can start using Uber's Uber Eats and Postmates apps for orders, as it tries to jolt its sluggish delivery business. ....
Domino’s Pizza wants to stuff more pie holes. The pizza chain announced on Wednesday that customers will be able to make delivery orders through Uber Eats, sending Domino’s shares up 10% in late morning trade. At first blush that may seem an admission that Domino’s own delivery app is sputtering. But joining forces with the company led by Dara Khosrowshahi is the best way to forge some growth from fickle eaters. ....
Australian retailers are in for a sombre period this fiscal year as high interest rates squeeze household budgets, especially for discretionary spending, Citigroup said on Thursday, with expected further rate hikes likely to dent confidence even more. ....
Owners of floating offshore oil drilling rigs on Wednesday began a final round of wage talks with three Norwegian labour unions in a bid to prevent the outbreak of strike action that could disrupt exploration, but not production, negotiators said. ....