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Demand

Constellation Brands misses quarterly sales estimates on tepid wine, spirits demand

January 5, 2024
Constellation brands misses quarterly sales estimates on tepid wine, spirits demand - photo licensed by shore news network.

(Reuters) – Corona beer maker Constellation Brands’ third-quarter sales fell short of market expectations on Friday, as demand for its higher-priced spirits and wines slowed …

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Global money market funds see big demand as rate cut euphoria fades

January 5, 2024January 5, 2024
Global money market funds see big demand as rate cut euphoria fades - photo licensed by shore news network.

(Reuters) – Investors moved hefty amounts into global money market funds in the seven days leading to Jan. 3 as caution set in ahead of …

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India’s services growth at three-month high in Dec on buoyant demand -PMI

January 5, 2024
India's services growth at three-month high in dec on buoyant demand -pmi - photo licensed by shore news network.

By Shaloo Shrivastava BENGALURU (Reuters) – India’s services sector ended 2023 on a firm footing, with activity expanding at its fastest pace in three months …

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U.S. natgas producers seek to balance production cuts, demand rebound

January 4, 2024January 4, 2024
U. S. Natgas producers seek to balance production cuts, demand rebound - photo licensed by shore news network.

(Reuters) – The longer natural gas prices stay lower in 2024 and drilling and related activity pulled back, the market could overshoot to both the …

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Hong Kong will not sell residential, commercial land this quarter amid slow demand

January 4, 2024
Hong kong will not sell residential, commercial land this quarter amid slow demand - photo licensed by shore news network.

HONG KONG (Reuters) – Hong Kong said on Thursday it will not sell any residential or commercial land in the first three months of 2024, …

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UK borrowers increase demand for loans despite rate hikes

January 4, 2024
Uk borrowers increase demand for loans despite rate hikes - photo licensed by shore news network.

LONDON (Reuters) – Net borrowing by British consumers was the highest in nearly seven years in November and lenders approved the most mortgages since June, …

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Toyota’s global output surges to record in November on strong demand

December 26, 2023
Toyota's global output surges to record in november on strong demand - photo licensed by shore news network.

TOKYO (Reuters) – Toyota Motor’s global production jumped 11% in November to a record level, bouncing back from last year’s supply chain disruptions and benefiting …

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China’s 2024 steel demand to fall 1.7%, exports to slow – state researcher

December 21, 2023
China's 2024 steel demand to fall 1. 7%, exports to slow - state researcher - photo licensed by shore news network.

BEIJING (Reuters) – China’s steel demand in 2023 will decline by 3.3% from 2022 and contract a further 1.7% in 2024, a state researcher forecast …

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ESG funds suffer weaker demand despite help from tech-sector performance

December 21, 2023December 21, 2023
Esg funds suffer weaker demand despite help from tech-sector performance - photo licensed by shore news network.

By Ross Kerber, Tommy Wilkes and Isla Binnie BOSTON/LONDON/NEW YORK (Reuters) – Sustainable funds faced a sharp slowdown in demand globally in 2023 amid political …

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India’s FY25 steel demand to be slower as elections loom – analysts, officials

December 19, 2023December 19, 2023
India's fy25 steel demand to be slower as elections loom - analysts, officials - photo licensed by shore news network.

By Neha Arora NEW DELHI (Reuters) – India’s steel demand will likely slow in the next financial year beginning March as a mammoth general election …

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China central bank resumes 14-day reverse repos to smoothen year-end cash demand

December 17, 2023
China central bank resumes 14-day reverse repos to smoothen year-end cash demand - photo licensed by shore news network.

SHANGHAI (Reuters) – China’s central bank resumed injecting short-term cash through 14-day reverse repos for the first time in three months on Monday, as it …

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Dollarama lifts sales forecast on steady demand for discounted goods

December 13, 2023December 13, 2023
Dollarama lifts sales forecast on steady demand for discounted goods - photo licensed by shore news network.

(Reuters) -Dollarama lifted its annual sales forecast on Wednesday, encouraged by strong demand for its household essentials and groceries as inflation-hit consumers turned to discount …

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China’s leaders pledge to spur domestic demand, economic recovery in 2024

December 8, 2023December 8, 2023
China's leaders pledge to spur domestic demand, economic recovery in 2024 - photo licensed by shore news network.

BEIJING (Reuters) – China will spur domestic demand and consolidate and enhance the economic recovery in 2024, the Politburo, a top decision-making body of the …

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Fonterra hikes 2024 earnings, milk price outlook on strong demand

December 6, 2023
Fonterra hikes 2024 earnings, milk price outlook on strong demand - photo licensed by shore news network.

(Reuters) – New Zealand’s Fonterra Co-operative on Thursday increased its fiscal 2024 earnings and farmgate milk price forecasts, citing strengthening demand for reference commodity products …

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Jack Daniel’s-maker Brown-Forman cuts annual sales forecast as demand softens

December 6, 2023
Jack daniel's-maker brown-forman cuts annual sales forecast as demand softens - photo licensed by shore news network.

(Reuters) – Brown-Forman cut net sales forecast for 2024 on Wednesday as cost-conscious consumers looked at cheaper alternatives to the whiskey-maker’s more pricier brands in …

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China’s exports slump seen slowing as pockets of demand emerge- Reuters poll

December 6, 2023
China's exports slump seen slowing as pockets of demand emerge- reuters poll - photo licensed by shore news network.

By Joe Cash BEIJING (Reuters) – Declines in China’s exports likely slowed in November, a Reuters poll showed on Wednesday, amid mixed signs factories in …

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AutoZone first-quarter profit rises 10% on strong parts demand

December 5, 2023December 5, 2023
Autozone first-quarter profit rises 10% on strong parts demand - photo licensed by shore news network.

(Reuters) – Automotive parts retailer AutoZone on Tuesday posted a better-than-expected 10% rise in quarterly profit as demand for its Do-It-Yourself (DIY) kits benefited from …

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EXCLUSIVE: GOP-Led States Demand Major Firms Stop Backing Efforts To ‘De-Bank’ Conservatives

December 5, 2023

EXCLUSIVE: GOP-Led States Demand Major Firms Stop Backing Efforts To ‘De-Bank’ Conservatives Katelynn Richardson on December 4, 2023 Nearly two dozen state attorneys general signed …

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Salesforce shares jump as strong cloud demand drives stellar results

November 30, 2023November 30, 2023
Salesforce shares jump as strong cloud demand drives stellar results - photo licensed by shore news network.

By Chibuike Oguh NEW YORK (Reuters) – Salesforce Inc’s stock jumped by about 10% on Thursday to a nearly two-year high after the U.S. cloud …

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Intuit beats first-quarter estimates on resilient demand for financial products

November 28, 2023
Intuit beats first-quarter estimates on resilient demand for financial products - photo licensed by shore news network.

(Reuters) – Accounting software-maker Intuit on Tuesday beat Wall Street estimates for first-quarter profit and revenue, on resilient demand for its artificial intelligence infused products …

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Factbox-Airline staff seek new contracts amid booming travel demand

November 27, 2023
Factbox-airline staff seek new contracts amid booming travel demand - photo licensed by shore news network.

(Reuters) -North American pilots and flight attendants are pushing for better pay and working conditions during their talks over new job contracts with company managements. …

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India to remain fastest-growing major economy, but demand uneven – Reuters poll

November 27, 2023
India to remain fastest-growing major economy, but demand uneven - reuters poll - photo licensed by shore news network.

By Milounee Purohit and Devayani Sathyan BENGALURU (Reuters) – India’s economic expansion likely moderated but remained strong in the September quarter, supported by robust service …

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Virgin Australia adds Boeing MAX-8 aircraft as demand stays buoyant

November 24, 2023November 24, 2023
Virgin australia adds boeing max-8 aircraft as demand stays buoyant - photo licensed by shore news network.

(Reuters) – Airline operator Virgin Australia on Friday said it has added six Boeing MAX-8 aircraft to further expand its fleet and meet travel demand, …

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Japan’s factory activity shrinks for 6th month on weak demand – PMI

November 23, 2023November 23, 2023
Japan's factory activity shrinks for 6th month on weak demand - pmi - photo licensed by shore news network.

TOKYO (Reuters) – Japan’s factory activity shrank for a sixth straight month in November, while modest growth in the service sector was little changed, a …

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US new vehicle sales to rise in November on strong demand – report

November 22, 2023
Us new vehicle sales to rise in november on strong demand - report - photo licensed by shore news network.

(Reuters) – New vehicle sales in the United States are expected to rise in November, a report from industry consultants showed on Wednesday, as demand …

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Goldman Sachs execs see steeper Treasuries curve, softer demand

November 21, 2023
Goldman sachs execs see steeper treasuries curve, softer demand - photo licensed by shore news network.

By Lananh Nguyen and Davide Barbuscia NEW YORK (Reuters) – Goldman Sachs expects the U.S. Treasuries curve to steepen in the long term, driven by …

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American Eagle raises annual revenue forecast on strong holiday-season demand

November 21, 2023November 21, 2023
American eagle raises annual revenue forecast on strong holiday-season demand - photo licensed by shore news network.

(Reuters) – American Eagle Outfitters on Tuesday raised its annual revenue forecast, in a sign that demand for its apparel and accessories remained steady ahead …

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Structural demand for US debt strong despite bond market volatility – Moody’s

November 20, 2023
Structural demand for us debt strong despite bond market volatility - moody's - photo licensed by shore news network.

(Reuters) – The structural demand for U.S. debt which underpins the dollar-based global financial system remains strong against the backdrop of recent Treasury market volatility, …

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US demand for new credit down in 2023, New York Fed survey shows

November 20, 2023November 20, 2023
Us demand for new credit down in 2023, new york fed survey shows - photo licensed by shore news network.

By Michael S. Derby NEW YORK (Reuters) – Demand for new credit in the U.S. over the last year has declined and will likely stay …

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Hyundai, Kia see strong demand for EVs, despite rivals’ concerns

November 17, 2023
Hyundai, kia see strong demand for evs, despite rivals' concerns - photo licensed by shore news network.

By Abhirup Roy LOS ANGELES (Reuters) – Hyundai Motor and Kia see strong U.S. demand for electric vehicles (EVs), senior executives at the South Korean …

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ArcelorMittal suspends output in Bosnia as steel demand drops

November 17, 2023
Arcelormittal suspends output in bosnia as steel demand drops - photo licensed by shore news network.

SARAJEVO (Reuters) – ArcelorMittal said on Friday it had temporarily halted output at its Bosnia steel plant and at mines that supply it with iron …

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Applied Materials forecasts upbeat first-quarter revenue on resilient demand

November 16, 2023
Applied materials forecasts upbeat first-quarter revenue on resilient demand - photo licensed by shore news network.

By Samrhitha A (Reuters) -Applied Materials forecast first-quarter revenue above analysts’ estimates on Thursday, but the company’s shares fell more than 7% after the bell …

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Ross Stores lifts annual profit view on cooling freight, robust off-price demand

November 16, 2023November 16, 2023
Ross stores lifts annual profit view on cooling freight, robust off-price demand - photo licensed by shore news network.

(Reuters) – Ross Stores raised its annual earnings forecast after topping third-quarter sales and profit expectations on Thursday, helped by robust demand at its discount …

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Bath & Body Works trims sales forecast as demand slows into holiday season

November 16, 2023
Bath & body works trims sales forecast as demand slows into holiday season - photo licensed by shore news network.

(Reuters) – Bath & Body Works lowered its annual sales forecast on Thursday on signs of slowing demand ahead of the crucial holiday season, as …

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Greece’s National Bank attracts strong demand in 20% stake sale – source

November 15, 2023November 15, 2023
Greece's national bank attracts strong demand in 20% stake sale - source - photo licensed by shore news network.

By Lefteris Papadimas ATHENS (Reuters) – Demand for a 20% stake in Greece’s National Bank (NBG) held by the country’s bank bailout fund was covered …

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Home Depot, Lowe’s may signal more pain from muted consumer spending, housing demand

November 13, 2023
Home depot, lowe's may signal more pain from muted consumer spending, housing demand - photo licensed by shore news network.

By Deborah Mary Sophia (Reuters) – Wall Street is bracing for another quarter of weak sales from U.S. home improvement chains Home Depot and Lowe’s …

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International travel demand falls after onset of Israel-Hamas conflict, data shows

November 9, 2023November 9, 2023
International travel demand falls after onset of israel-hamas conflict, data shows - photo licensed by shore news network.

By Doyinsola Oladipo NEW YORK (Reuters) – International flight bookings around the world have fallen since the onset of the Israel-Hamas conflict especially in the …

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Republicans demand Biden challenge China’s Xi on fentanyl, prisoners

November 9, 2023
Republicans demand biden challenge china's xi on fentanyl, prisoners - photo licensed by shore news network.

By Michael Martina WASHINGTON (Reuters) – Republicans in the U.S. Congress urged President Joe Biden to make demands of China’s leader Xi Jinping over detained …

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Strong demand drives surge in Dubai’s Emirates airline H1 profit

November 9, 2023November 9, 2023
Strong demand drives surge in dubai's emirates airline h1 profit - photo licensed by shore news network.

DUBAI (Reuters) – Emirates airline, Dubai’s flagship carrier, posted a significant jump in net profit for the first half of financial year 2023-24 on the …

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Beyond Meat struggles to rein in US faux meat demand slide

November 9, 2023November 8, 2023
Beyond meat struggles to rein in us faux meat demand slide - photo licensed by shore news network.

(Reuters) -Beyond Meat missed market expectations for quarterly revenue and posted a wider-than-expected loss on Wednesday, hurt by relentless weakness in demand for plant-based meat …

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Take-Two Interactive forecasts downbeat bookings on sluggish demand

November 8, 2023November 8, 2023
Take-two interactive forecasts downbeat bookings on sluggish demand - photo licensed by shore news network.

(Reuters) – Take-Two Interactive Software on Wednesday forecast third-quarter net bookings below market expectations, hurt by a slowdown in spending on the company’s gaming titles …

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Newly spun-off WK Kellogg beats revenue estimates on strong cereal demand

November 8, 2023November 8, 2023
Newly spun-off wk kellogg beats revenue estimates on strong cereal demand - photo licensed by shore news network.

(Reuters) – WK Kellogg Co, the recently spun-off North American cereal business of Kellanova, beat Wall Street targets for third-quarter sales on Wednesday, as demand …

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Oil dives 4% to lowest since July on demand worry, strong dollar

November 8, 2023November 7, 2023
Oil dives 4% to lowest since july on demand worry, strong dollar - photo licensed by shore news network.

By Shariq Khan BENGALURU (Reuters) -Oil prices fell more than 4% on Tuesday to their lowest since late July, as mixed Chinese economic data and …

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Vertex Pharma misses sales estimates on weak demand for older CF treatments

November 6, 2023
Vertex pharma misses sales estimates on weak demand for older cf treatments - photo licensed by shore news network.

(Reuters) – Vertex Pharmaceuticals missed Wall Street estimates for third-quarter sales on Monday, hurt by weaker-than-expected demand for its older cystic fibrosis (CF) treatments. The …

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Fed report shows US loan officers see tighter credit, weaker demand

November 6, 2023
Fed report shows us loan officers see tighter credit, weaker demand - photo licensed by shore news network.

By Howard Schneider WASHINGTON (Reuters) – Banks tightened lending standards for U.S. businesses and households in the third quarter, but the pace of change appeared …

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Condom maker Church & Dwight lifts sales forecast again on steady demand, higher prices

November 3, 2023
Condom maker church & dwight lifts sales forecast again on steady demand, higher prices - photo licensed by shore news network.

(Reuters) – Church & Dwight lifted its annual net sales forecast for a third time this year on Friday, boosted by high prices as well …

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Novo Nordisk, Lilly see insatiable demand for weight-loss drugs

November 2, 2023November 2, 2023
Novo nordisk, lilly see insatiable demand for weight-loss drugs - photo licensed by shore news network.

By Maggie Fick and Bhanvi Satija (Reuters) – Novo Nordisk and Eli Lilly both expect juggernaut sales for their diabetes and weight-loss drugs to extend …

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Peloton forecasts weak holiday-quarter revenue as demand slowdown bites

November 2, 2023
Peloton forecasts weak holiday-quarter revenue as demand slowdown bites - photo licensed by shore news network.

By Kannaki Deka (Reuters) -Exercise equipment maker Peloton Interactive Inc on Thursday forecast revenue below estimates for the all-important holiday quarter and posted a bigger-than-expected …

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Pinnacle West profit climbs 22% as summer heat drives electricity demand

November 2, 2023
Pinnacle west profit climbs 22% as summer heat drives electricity demand - photo licensed by shore news network.

(Reuters) – Pinnacle West Capital on Thursday posted a 22% rise in third-quarter profit as the utility got a boost from higher electricity demand due …

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Palantir projects revenue above estimates on demand for AI platform

November 2, 2023
Palantir projects revenue above estimates on demand for ai platform - photo licensed by shore news network.

By Arsheeya Bajwa and Chavi Mehta (Reuters) -Data analytics firm Palantir Technologies forecast fourth-quarter revenue above market estimates on Thursday, betting on strong demand for …

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