Bath & Body Works CEO Says Former Strategy Failed to Drive Growth

The South African Reserve Bank has lowered its main repo rate to 6.75%, responding to expectations of a decrease in inflation amid anticipated economic growth. This decision reflects the bank's strategy to support the economy while managing inflationary pressures.

Job growth in the U.S. accelerated in September, defying expectations as the economy approached a government shutdown. This positive trend indicates resilience in the labor market despite ongoing economic challenges.

BNP Paribas has increased its capital buffer target and announced a €1.15 billion buyback program to be initiated by the end of the month. This decision aims to bolster investor confidence in the bank's financial stability and growth prospects.

BNP Paribas has raised its capital buffer target and announced a €1.15 billion buyback program to be launched by the end of the month. This move is aimed at reassuring investors about the bank's financial stability and growth prospects.

GE Appliances has announced a $150 million investment in U.S. suppliers as part of its reshoring initiative. The company aims to engage vendors earlier in the design process to enhance collaboration and efficiency.

Siemens Energy shares increased following the announcement of a buyback program, which comes a week after the company upgraded its financial targets for fiscal 2028. This positive market response reflects investor confidence in the company's strategic direction.

Siemens Energy shares rose following the announcement of a buyback program, which comes shortly after the company revised its financial targets for fiscal 2028. This positive market response reflects investor confidence in the company's strategic direction.

Nvidia reported strong financial results, indicating robust demand for its products through the next year. The company's performance has alleviated fears regarding a potential slowdown in the AI sector, with its market capitalization remaining at $4.5 trillion despite recent selloffs.