Aug 15 (Reuters) - Chinese e-commerce giant JD.com ( JD ) beat estimates for quarterly profit on Thursday, helped by a mid-year sales festival and aggressive price cuts that drove more cost-sensitive consumers to its platform. U.S.-listed shares of the company rose 2.6% in premarket trading. Major Chinese vendors like JD.com ( JD ) and Alibaba ( BABA ) have...

(Corrects to burrito chain from coffee chain in paragraph 3) Aug 14 (Reuters) - Starbucks ( SBUX ) said on Wednesday incoming CEO Brian Niccol was eligible for annual equity awards worth $23 million and would receive additional stock grants of $75 million for giving up his shares in Chipotle Mexican Grill ( CMG ) . Niccol's initial annual base...

06:18 AM EDT, 08/15/2024 (MT Newswires) -- The eurozone economy doesn't have a lot to shout about at the moment, said ING. A rebound in the Chinese economy remains elusive, wrote the bank in a note. Yet the prospect of the United States economy and interest rates converging on the lower levels in the rest of the world is proving...

Aug 15 (Reuters) - Deere & Co ( DE ) reported a lower third-quarter profit on Thursday, as high borrowing rates and plummeting farm incomes hampered demand for the company's tractors and other farm equipment. The company reported a net income of $1.73 billion, or $6.29 per share, for its third quarter, compared with $2.98 billion, or $10.20 per share,...