🌐The Market Pulse 31/08 🌐




THE LATEST BUSINESS NEWS FROM AROUND THE WORLD


1) Coca-Cola to buy Costa Coffee for £3.9bn from Whitbread.


2) Ulta beauty shares hit a 52-week high of $268.88 after the retailer announces it will be stocking Kylie Cosmetics in the holiday season.


3) Tencent share price dropped as much as 5% after Beijing announced a proposal to curb time spent playing video games online.


4) UK house prices suffered biggest monthly drop since 2012, as a consequence of a weaker economy and reduced consumer spending.


5) Lululemon shares jumped more than 7% after the athletic apparel retailer announced Q2 earnings and sales that topped analysts expectations.

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