Friday, September 30

Tag: CYCS08

Pizza company DP Eurasia posts H1 sales growth

Pizza company DP Eurasia posts H1 sales growth

News
Sept 30 (Reuters) - DP Eurasia (DPEU.L), which runs the Domino's Pizza brand in Turkey and Russia, said on Friday its sales jumped 66% in the first six months of the year, helped by strategic pricing and sustained volume performance.Before adjustments for hyperinflation in Turkey, sales at the group's own stores and franchise outlets rose to 1.75 billion Turkish lira ($94.37 million) in January to June, with growth of 58.9% in Turkey and 76.8% in Russia.($1 = 18.5415 liras)Register now for FREE unlimited access to Reuters.comRegisterReporting by Federica Mileo and Valentine Baldassari in Gdansk; editing by Barbara LewisOur Standards: The Thomson Reuters Trust Principles. Source link
Apple senior exec leaves iPhone maker after remark in viral video

Apple senior exec leaves iPhone maker after remark in viral video

News
Sept 29 (Reuters) - Apple Inc's (AAPL.O) Tony Blevins, a key player in the company's supply chain operations, is leaving the iPhone maker, the company confirmed on Thursday, without providing a reason.The move comes after a TikTok video of the executive making a crude remark about women went viral. Bloomberg first reported Blevins' departure.In a video on TikTok published earlier this month, Blevins can be heard saying, "I have rich cars, play golf and fondle big-breasted women, but I take weekends and major holidays off" in response to a question on what he did for a living.Register now for FREE unlimited access to Reuters.comRegisterBlevins had been approached by TikTok content creator Daniel Mac at a car show as part of a video series in which Mac asks owners of expensive cars their ...
UK’s Next warns of second cost of living crisis from sterling plunge

UK’s Next warns of second cost of living crisis from sterling plunge

News
August trading was below expectationsCost of living pressures set to risePound plunge to inflate selling prices next yearShares down 7.2%LONDON, Sept 29 (Reuters) - The plunge in the value of the pound looks set to create a second cost of living crisis for Britons, clothing retailer Next (NXT.L) warned on Thursday, cutting its sales and profit forecasts.Shares the company tumbled more than 7% after it said August trading had been below expectations and pressure on household budgets was set to intensify in the coming months."It looks like we may be set to have two cost of living crises: this year, a supply side-led squeeze, next year a currency led price hike as devaluation takes effect," said CEO Simon Wolfson.Register now for FREE unlimited access to Reuters.comRegisterNext, which trad...
Exclusive: Brands blast Twitter for ads next to child pornography accounts

Exclusive: Brands blast Twitter for ads next to child pornography accounts

Social News
Sept 28 (Reuters) - Some major advertisers including Dyson, Mazda and chemicals company Ecolab have suspended their marketing campaigns or removed their ads from parts of Twitter because their promotions appeared alongside tweets soliciting child pornography, the companies told Reuters.Brands ranging from Walt Disney Co (DIS.N), NBCUniversal (CMCSA.O) and Coca-Cola Co (KO.N) to a children's hospital were among some 30 advertisers that have appeared on the profile pages of Twitter accounts that peddle links to the exploitative material, according to a Reuters review of accounts identified in new research about child sex abuse online from cybersecurity group Ghost Data.Some of tweets include key words related to "rape" and "teens," and appeared alongside promoted tweets from corporate adv...
Nine reported killed as Iran Revolutionary Guards target dissident sites in Iraq

Nine reported killed as Iran Revolutionary Guards target dissident sites in Iraq

News
DUBAI, SULAIMANIYA, Iraq Sept 28 (Reuters) - Iran's Revolutionary Guards said on Wednesday they fired missiles and drones at militant targets in the Kurdish region of neighbouring northern Iraq, where an official said nine people were killed.The strikes were reported after Iranian authorities accused armed Iranian Kurdish dissidents of involvement in unrest now shaking Iran, especially in the northwest where most of the country's population of over 10 million Kurds live.Nine people were killed and 32 wounded in the attacks near Erbil and Sulaimaniya in Iraqi Kurdistan, its health minister, Saman Barazanchi, said in a statement.Register now for FREE unlimited access to Reuters.comRegister"Some of the wounded are in critical condition and death toll could rise," Barazanchi said in a stat...
Apple drops plan to boost iPhone production as demand falters-Bloomberg

Apple drops plan to boost iPhone production as demand falters-Bloomberg

News
Sept 27 (Reuters) - Apple Inc is dropping plans to increase production of its new iPhones this year after an anticipated surge in demand failed to materialize, Bloomberg News reported on Tuesday, citing people familiar with the matter.The company told suppliers to curtail efforts to increase assembly of its flagship iPhone 14 product family by as many as 6 million units in the second half of this year, Bloomberg reported.Instead, the Cupertino, California-headquartered company will aim to produce 90 million handsets for the period, nearly the same number as a year ago and in line with Apple's original forecast this summer, the report said.Register now for FREE unlimited access to Reuters.comRegisterThe iPhone 14, iPhone 14 Pro and iPhone 14 Pro Max are displayed at the Apple Fifth Avenu...
Twitter lawyer tells court Musk has not backed up claims of fake accounts

Twitter lawyer tells court Musk has not backed up claims of fake accounts

Social News
WILMINGTON, Del., Sept 27 (Reuters) - Elon Musk's review of Twitter Inc (TWTR.N) accounts by his advisers did not back up the billionaire's allegation that the number of fake users was "wildly higher" than 5% as he claimed when he said he was ending the Twitter takeover deal in July, a Twitter lawyer told a judge on Tuesday.Documents obtained from two data scientists employed by Musk showed they estimated in early July that the number of fake accounts on the platform at 5.3% and 11%, the Twitter lawyer told a Delaware judge."None of these analyses so far as we can tell remotely supported what Mr. Musk told Twitter and told the world in the termination letter," said the lawyer, Bradley Wilson.Register now for FREE unlimited access to Reuters.comRegisterMusk and his attorney did not immed...