Target CEO Unfazed By Amazon-Whole Foods Deal
US retail giant Target's chief executive Brian Cornell on Tuesday played down Amazon's massive deal to acquire grocery chain Whole ...
Tag: retail sales
Australian Malls Turn To Village Life As Retailers Feel Pinch
As Australia's local merchants struggle with an influx of global names, leading malls are considering returning to their village centre ...
US Inflation Flat In June While Retail Sales Sink
Cheap energy prices kept US inflation flat in June in another sign price pressures remain weak in the world's largest ...
US Sees ‘slight To Moderate’ Growth In June
The US economy saw "slight to moderate" growth in June while signs of mounting inflation remained scarce despite tight labor ...
Reviewing Mid-Year Online Shopping Spree In China
Chinese Internet users splurged on the mid-year online shopping spree on Sunday. While November 11, or Single’s Day, is the ...
Gasoline Prices Drag Down US Inflation, Retail In May
Falling US gasoline prices drove inflation and retail sales down in May, defying expectations and raising more questions about the ...
Gasoline Prices Drag Down US Inflation, Retail In May
Falling US gasoline prices drove inflation and retail sales down in May, defying expectations and raising more questions about the ...
US Fed Raises Key Interest Rate To 1.0-1.25%, Signals One More Hike
The US Federal Reserve raised its benchmark interest rate by a quarter point to 1.0-1.25% on Wednesday and signaled another ...
US Car Sales Struggle In May Despite Record Discounts
Auto makers offered big discounts over the Memorial Day holiday, but the response from US car buyers in May was ...
Tata Motors Profits Fall 17 Percent On Pound Decline
Indian carmaker Tata Motors Tuesday reported a 17 percent fall in quarterly profits, as the pound depreciated against the rupee ...
China’s Economy Shows Signs of Slowing In April
China's factories and workshops saw their output slow sharply in April, data showed Monday, as the world's second-largest economy grapples ...
US Retail Sales Rise As Stores Struggle
US retail sales rose by 4.5% in April compared with the same month last year, but department store chains continue ...
US Inflation Edges Higher In April
US inflation edged higher in April, reversing the previous month's surprise drop, the Labor Department reported on Friday. The Consumer ...
Investors Keep Wells Fargo Board At Contentious Meeting
The entire Wells Fargo board of directors was reelected Tuesday after a bruising, rowdy annual meeting where shareholders castigated the ...
Caterpillar Quarterly Sales Up For 1st Time In 2-1/2 Years
Caterpillar reported its first jump in quarterly sales in two-and-a-half years Tuesday and said it was heartened by increased customer ...
Higher Fuel Prices Take Toll On Retail Sales
UK retail sales posted a 1.4% rise in February from the previous month, but there are signs that higher fuel ...
US 12-Month Consumer Inflation Highest In 5 Years, Up 2.7%
US consumer prices in February rose at the fastest pace in nearly five years compared to the same month of ...
Sterling Slips As Brexit Talks Get Green Light, Stocks Advance Before Fed
Sterling dropped on Tuesday after Britain's parliament paved the way for Prime Minister Theresa May to launch divorce talks with ...
China’s Economy Gets Off To Strong Start In 2017 As Investment Rebounds
China issued a raft of upbeat data on Tuesday showing the economy got off to a strong start to 2017, ...
Election Risks, Retail Sales Hurt Pound and Euro
Falls for the euro and the pound dominated trade in the major global currencies on Friday, hit by a combination ...