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Yum China says tech investments let it open more stores without needing more staff

Yum China is spending more on tech, an investment that’s allowed it to open more stores without having to hire more staff, CEO Joey Wat told CNBC.

Published 15 September 2023
Categorised as Finance News

China’s retail sales surprise with faster growth, up 4.6% in August

China’s retail sales and industrial production picked up pace in August with better-than-expected growth, according to National Bureau of Statistics data.

Published 15 September 2023
Categorised as Finance News

A village on an Italian island is providing free housing to digital nomads

The Sardinian village of Ollolai is paying for housing and bills for digital nomads who agree to give something back to the community before they leave.

Published 15 September 2023
Categorised as Finance News

Arm debut will help jump-start IPO market, early Airbnb investor Rick Heitzmann suggests

“People are looking for the new toy,” FirstMark Capital’s Rick Heitzmann says after Arm Holdings stock jumps 25% in its first trading day.

Published 14 September 2023
Categorised as Finance News

JPMorgan Chase to offer online payroll services as it steps up fight with Square, PayPal

JPMorgan is fighting for the loyalty of American customers as fintech players like PayPal and Square morph into do-everything providers.

Published 14 September 2023
Categorised as Finance News

Arm shares soar in market debut. Here’s why the pros are not buying the stock right now

Pros on CNBC discussed Arm Holdings after shares surged following its initial public offering.

Published 14 September 2023
Categorised as Finance News

How one tech giant could have up to 60% upside from here, according to Morgan Stanley

Analyst Brian Nowak rated Amazon a “top pick” and maintained his overweight rating on the stock.

Published 14 September 2023
Categorised as Finance News

Stocks making the biggest moves midday: Netflix, Etsy, HP, Visa and more

These are the stocks posting the largest moves in midday trading.

Published 14 September 2023
Categorised as Finance News

August wholesale inflation rises 0.7%, hotter than expected

The producer price index was expected to increase 0.4% in August, according to the Dow Jones consensus estimate.

Published 14 September 2023
Categorised as Finance News

Your 401(k) could have these hidden risks, experts say. Here’s what employees need to know

While many investors focus on stock market volatility, there could be other 401(k) risks, especially when there’s a company bankruptcy. Here’s what to know.

Published 14 September 2023
Categorised as Finance News

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