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Abercrombie & Fitch: Abercrombie has been filling its shelves with a fresh collection of styles, including dressy apparel and cargo pants, while also capitalizing on the demand for new denim silhouettes, as jeans become a post-pandemic workwear wardrobe staple.

The company is in the midst of a turnaround under the watch of new Tom Kingsbury, who has made leaner inventories and targeted discounts his top priority after taking over the Kohls reins in February.

Estee Lauder: Major companies across the globe have taken a cautious stance regarding their bets on a rebound in China, as the worlds second-largest economy struggles to revive demand and battles rising youth unemployment rates and a high cost of living.

Mrf: Tyre companies reaped the benefits of a fall in rubber prices, a key raw material for the industry, with prices having fallen by 20%-25% over the last year through May, according to HDFC Securities.

Ubers cost controls ranging from layoffs to lower transaction costs and maintaining a steady headcount have helped the company maintain its target to post operating income profitability this year. At the same time, the number of rides after the pandemic is growing.

McDonald’s shares rose nearly 2% to $297.09 in premarket trading after the restaurant chain reported its quarterly earnings

Kajaria Ceramics, Indias leading tile manufacturer, has reported a Q1 net profit of INR1.08bn ($13.17m), an increase of more than 16%, thanks to sustained demand for home fixtures amid increasing purchases by homebuyers and pent-up demand for renovations.

Stock price falls as bank reports lower earnings and a $470m loss on the sale of Marcus loans

Read more about Southwest Airlines warns of quarterly loss after holiday meltdown on Devdiscourse

Investors see ‘existential threats’ to fitness company that saw popularity during early months of Covid pandemic