By Andrew Hayley BEIJING (Reuters) – China’s muted economic growth in 2023 as its post-COVID recovery underwhelms has crimped the outlook for demand for diesel fuel, the oil product that …
Demand
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(Reuters) – Ross Stores raised annual sales and profit forecasts after beating quarterly estimates, as inflation-hit customers shopped for its discounted clothing and shoes, sending the company’s shares up about …
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By Muvija M LONDON (Reuters) – Britain’s BAE Systems said its $5.5 billion purchase of Ball Corp’s aerospace business would help it meet the soaring demand for munitions seen since …
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By Summer Zhen HONG KONG (Reuters) – Money continued to flow out of Asian hedge funds in the first half of 2023 as a disappointing China recovery and resilient stock …
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‘Lack Of Action’: Bipartisan Group Of Lawmakers Demand Biden Admin Answer For Iranian ‘Intimidation’ Of US Companies Jake Smith on August 16, 2023 Republican and Democratic lawmakers pulled together to …
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(Reuters) – Canadian Tire Corp on Thursday reported a drop in quarterly revenue, as demand for sporting goods and home improvement items slowed at its retail stores. Higher costs of …
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By Rajendra Jadhav MUMBAI (Reuters) -Demand for palm oil has been increasing as its discount to soyoil and sunoil has grown, driven by the recent price rise in rival oils …
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By Deborah Mary Sophia and Ananya Mariam Rajesh (Reuters) – U.S. luxury companies including Michael Kors-owner Capri and Estee Lauder will likely record a hit to sales from a slower-than-expected …
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By Tanay Dhumal (Reuters) -Pot firm Trulieve Cannabis on Wednesday posted a wider second-quarter loss and said the worse-than-usual temperature and lower customer spending were weighing on current-quarter performance. The …
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Adam Schiff, Top Democrats Demand That Trump’s Trials Be Televised Arjun Singh on August 4, 2023 A group of House Democrats led by Rep. Adam Schiff of California have demanded …
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Palestinian Activists Demand Israel Not Be Included In US Waiver Program Kate Anderson on August 4, 2023 American Muslims for Palestine (AMP), an advocacy organization, created a petition to attempt …
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(Reuters) – Regency Centers Corp on Thursday lifted the bottom end of its forecast for annual profit and funds from operations, signaling higher rental prices and steady leasing demand for …
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By Doyinsola Oladipo and Granth Vanaik NEW YORK (Reuters) – Cruise vacations in the past year have emerged as a popular option among consumers in search of cheaper ways to …
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(Reuters) – U.S. travel stocks fell in early trading on Thursday following downbeat quarterly reports from Spirit Airlines and Expedia that amplified concerns domestic demand may be easing after a …
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WASHINGTON (Reuters) – New orders for U.S.-made goods surged in June, boosted by strong demand for transportation equipment and other goods, showing some pockets of strength in manufacturing despite higher …
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(Reuters) – USA Today-publisher Gannett Co boosted its annual earnings expectations on Thursday, as advertising demand recovers from post-pandemic lows. Advertising budgets were hit earlier this year by an uncertain …
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BERLIN (Reuters) – German exports stagnated in June, with a smaller than expected rise of 0.1% over the previous month, data from the federal statistics office showed on Thursday. A …
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(Reuters) – C.H. Robinson Worldwide missed quarterly estimates for sales and profit on Wednesday as the logistics company struggled with waning demand and lower pricing for its services. The global …
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By Ananya Mariam Rajesh and Kailyn Rhone (Reuters) – Clorox on Wednesday forecast annual profit above Wall Street estimates after fourth-quarter results beat expectations, boosted by price hikes and steady …
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(Reuters) – Auto parts supplier BorgWarner reported second-quarter results on Wednesday that beat analysts’ estimates, helped by sustained demand from automakers ramping up output. The Michigan-based company, whose customers include …
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(Reuters) – U.S. engineering and industrial software firm Emerson on Wednesday raised its fiscal 2023 forecast, as companies increase spending on automation in response to a tight labor market. The …
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VF Corp cut its annual revenue forecast on Tuesday, signaling a slowdown in demand for its apparel and sneakers from price-conscious consumers, especially in North America. With the Federal Reserve …
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(Reuters) – Molson Coors Beverage on Tuesday raised its annual sales and profit forecasts, boosted by strong demand for its core brands Miller Lite and Coors Light. The brewer joins …
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(Reuters) – Leidos Holdings Inc on Tuesday raised its full-year revenue forecast as the defense contractor benefited from resilient weapons demand. Net bookings totaled $2.9 billion in the quarter and …
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MADRID (Reuters) – Factory activity in Spain contracted for the fifth consecutive month in July as domestic and foreign demand for Spanish goods weakened, a survey showed on Tuesday. The …