Toms River Council Candidate’s ShopRite Shoplifting Charge Draws Red Flag in Election Campaign
TOMS RIVER, N.J. — Most people looking to get into politics hold off on stealing until after they’re elected. In the case of one council candidate, his alleged five-finger past has become…
UK retail sales slide by most in over two years: CBI
LONDON (Reuters) – British retail sales fell in August at the fastest rate since March 2021 and most stores are expecting another tough month ahead, an industry survey showed on Thursday. The…
QIA to take stake in Ambani retail firm at $100 billion valuation
BENGALURU (Reuters) -Qatar Investment Authority will invest $1 billion for a 1% stake in India’s Reliance Retail Ventures, the retail arm of billionaire Mukesh Ambani’s Reliance Industries, nearly doubling its valuation to…
Suspects Wanted for Multiple Retail Thefts
MANCHESTER TOWNSHIP, PA – The Northern York County Regional Police Department is actively investigating a string of thefts at the Sheetz store located at 215 Arsenal Rd. The involved suspects, as captured…
Marketmind: U.S. retail therapy as China funk deepens
A look at the day ahead in U.S. and global markets from Mike Dolan, Editor-at-Large, financial industry and financial markets As investors switch attention to the health of the U.S. consumer, a…
Futures slip as yields steady ahead of July retail sales data
(Reuters) – U.S. stock index futures slipped on Tuesday as government bond yields held on to recent highs ahead of retail sales data for July which is expected to show resilient consumer…
BioXcel cuts over 50% jobs as it pivots focus to retail market for agitation drug
By Sriparna Roy (Reuters) -BioXcel Therapeutics Inc said on Monday it will cut more than half of its workforce, as the drugmaker shifts its focus towards developing its agitation treatment for use…
Crypto exchange HashKey bags licence update to serve retail users
(Reuters) – Cryptocurrency exchange HashKey on Thursday said it will begin offering its services to retail users in Hong Kong, becoming the first licensed crypto trading exchange in the city to do…
Australia retail sales extend losing stretch to a third quarter
By Wayne Cole SYDNEY (Reuters) -Australian retail sales volumes fell again in the June quarter as cost of living pressures and rising borrowing costs ate into consumer spending power, hampering economic growth…
Double-digit growth in real wages, retail sales as Russia’s unemployment hits record low
(Reuters) – Record low unemployment in June highlighted Russia’s stark labour shortage, statistics data showed on Wednesday, even as the rebound from last year’s economic slump continued with double-digit jumps in wage…
Hong Kong June retail sales up 19.6%; outlook seen favourable
HONG KONG (Reuters) – Hong Kong’s June retail sales rose 19.6% from a year earlier in the seventh consecutive month of growth thanks to a tourism recovery and positive consumption sentiment and…
UK retail sales slide at fastest pace in more than a year: CBI
LONDON (Reuters) – British retail sales fell in July at the fastest rate since April 2022 and stores are bracing for worse times ahead, with many chains cutting orders placed with suppliers,…
Meme stocks surge as tech rally gets too pricey for retail investors
By Bansari Mayur Kamdar (Reuters) – Meme stocks have surged in the last few weeks as retail investors shun pricier stocks for cheaper speculative names, but some experts worry that this could…
South African retail sales fall 1.4% year on year in May
JOHANNESBURG (Reuters) – South African retail sales fell 1.4% year on year in May after declining by a revised 1.8% in April, Statistics South Africa figures showed on Wednesday. On a month-on-month…
Marketmind: Retail, housing and banks test jaunty July
A look at the day ahead in U.S. and global markets from Mike Dolan The benign July investment environment gets tested on Tuesday by updates on U.S. retail sales and housing while…
China’s June industrial output rises 4.4%, retail sales up 3.1%
BEIJING (Reuters) – China’s industrial output grew 4.4% in June from a year earlier, unexpectedly accelerating from 3.5% seen in May, but demand remains lukewarm amid a bumpy post-COVID economic recovery. The…
Coinbase limiting staking service for retail customers in four states
(Reuters) – Coinbase retail customers in California, New Jersey, South Carolina and Wisconsin will be unable to pledge new cryptocurrency to the exchange’s staking program pending proceedings the states initiated last month…
Mexico govt no longer interested in buying Citigroup’s local retail unit
By Valentine Hilaire MEXICO CITY (Reuters) -The Mexican government is no longer interested in purchasing Citigroup’s local retail arm, known as Banamex, a government spokesperson said on Thursday, adding that the U.S.…
US retail investors add equities, while hedge funds trim exposure
By Carolina Mandl NEW YORK (Reuters) – Retail investors bought roughly $7 billion of equities last week, showing a near record appetite for shares since 2016, while U.S. hedge funds trimmed their…
Euro zone retail sales flat in May, still down year-on-year
BRUSSELS (Reuters) – Retail sales in the euro zone were unchanged in May, Eurostat said on Thursday, as increased spending on non-food items offset declines for food and automotive fuel. Retail sales…
Police hunt for suspects after blasts at Washington, D.C., retail outlets
By Kanishka Singh WASHINGTON (Reuters) -Police in Washington are offering a reward of up to $20,000 for information that could lead to the arrest of those involved in three explosions within a…
AMC ‘backstabbed’ retail investors, settlement opponent tells court
By Jody Godoy (Reuters) – An AMC Entertainment Holdings shareholder who objected to a settlement over the theater chain’s controversial stock conversion plan told a Delaware court on Thursday that some investors…
Explainer-‘Organized’ retail crime: a ‘multi-billion dollar problem’
By Siddharth Cavale NEW YORK (Reuters) – Top executives and major law enforcement agencies in the U.S. are fretting about organized crime rings targeting retailers’ stores and trucks for goods they can…
UK retail sales fall for second month in June: CBI
LONDON (Reuters) – British retail sales fell again in June as household finances were squeezed by the rising cost of living but stores expected sales volumes to stabilise next month, a survey…
Retail investors slow to buy into ARK Innovation Fund’s blistering rally
By David Randall NEW YORK(Reuters) – Individual investors have given a cold shoulder to Cathie Wood’s ARK Innovation Fund during their searing run this year, but some market watchers believe that may…
Canada’s strong retail sales for April, May bolster chances for rate hike
OTTAWA (Reuters) -Canadian retail sales grew much more than expected in April and will likely post another gain in May, data showed on Wednesday, bolstering the chances that the Bank of Canada…
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