Companies

Rolls-Royce Set to Announce Historic Losses

Rolls-Royce Holdings plc, the world’s second-largest maker of aircraft engines, is set to report the biggest headline loss in its history next week, as it absorbs the impact of its £671m settlement with regulators for past bribery and corruption as well as a weaker pound.

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Nike's shares exceeded expectations

Nike, the world's leading sportswear manufacturer, has posted better-than-expected profits following a rebound in its basketball business amid heightened sportswear competition. Its quarterly profit rose 7% thanks to a stronger demand in China and the United States, where executives were pleased about the company’s performance. 

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JP Morgan Set To Expand Internationally

JP Morgan Chase ranked largest US bank by assets, is one of the most complex and diverse companies thanks to its universal banking model. Even recently, when the bank has been under regulatory pressure due to advanced capital constraints and other regulatory requests, the international bank has been able to earn a return on equity of 11.28%.

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The Forthcoming of Grocery Shopping: Amazon Go

Amazon plans to capture more food sales, opening the door to a key driver of consumer spending that would broaden its increasing dominance in the retail market.

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