Thailand car production rises 2.75% y/y in Dec, but sales drop
BANGKOK (Reuters) – Car production in Thailand rose 2.75% in December from a year earlier to 158,606 units, after a 15% rise in the previous …
Sales
Defense firms set to post higher sales, McCarthy’s election clouds outlook
By Nathan Gomes (Reuters) – Defense companies are expected to post higher fourth-quarter sales, according to analysts, bolstered by easing supply chain bottlenecks and increased …
Illinois judge temporarily blocks state ban on semiautomatic gun sales
By Steve Gorman (Reuters) – An Illinois judge temporarily blocked on Friday a newly enacted state ban on many semi-automatic firearms, a measure lawmakers swiftly …
Strong Canada retail sales forecast adds fodder to rate hike argument
By Ismail Shakil OTTAWA (Reuters) – Canadian retail sales edged down 0.1% in November from the previous month before bouncing back in December, data published …
European junk debt sales spring back to life as sentiment improves
By Chiara Elisei LONDON (Reuters) – Junk-rated companies in Europe have raised $1.4 billion from bond sales this month as investors return to riskier debt …
TUI: Luxury holiday demand boosts sales
BERLIN (Reuters) – Travel giant TUI reported on Friday a boost in demand for luxury holidays, driving sales for the winter 2022/23 period higher than …
Australia seeks views on Sika’s proposed MBCC asset sales
(Reuters) – Australia’s competition regulator said on Friday it was seeking market views on the proposed sale of MBCC Group’s assets in the country by …
Retail Sales Ticked Down During The Holiday Season As Consumers Tightened Their Belts
Retail Sales Ticked Down During The Holiday Season As Consumers Tightened Their Belts John Hugh DeMastri on January 18, 2023 Retail sales fell 1.1% in …
Dutch supermarket sales up 3% in 2022, private labels gained ground -NielsenIQ
AMSTERDAM (Reuters) – Sales at Dutch supermarkets rose 3% to 46.3 billion euros ($49.9 billion) in 2022, data published by market intelligence firm NielsenIQ showed …
European car sales jump in December
BERLIN (Reuters) – European new car registrations increased sharply in December, data from the region’s carmaker association showed on Wednesday. The number of new vehicles …
China Dec industrial output up 1.3%, retail sales down 1.8%
BEIJING (Reuters) – China’s industrial output grew at a modest 1.3% pace last month year-on-year, official data showed on Tuesday, easing from a 2.2% rise …
Electric Vehicle Sales Hit Record Levels In 2022 As Automakers Raked In Profits
Electric Vehicle Sales Hit Record Levels In 2022 As Automakers Raked In Profits John Hugh DeMastri on January 16, 2023 Sales of electric vehicles increased …
Thyssenkrupp Uhde aims to double sales, open to co-owners
By Christoph Steitz and Tom Käckenhoff FRANKFURT/DUESSELDORF, Germany (Reuters) – Thyssenkrupp’s plant engineering unit plans to double sales to around 2 billion euros ($2.2 billion) …
Canadian home sales rise 1.3% in December
TORONTO (Reuters) – Canadian home sales rose 1.3% in December from November and were down 39.1% on an annual basis, data from the Canadian Real …
Russian car sales down 58.8% in 2022 as sanctions hit industry hard
MOSCOW (Reuters) -Car sales in Russia collapsed by 58.8% in 2022, the Association of European Businesses (AEB) said on Thursday, as the industry reels from …
Brazil retail sales post biggest drop in five months in November
SAO PAULO (Reuters) – Retail sales volumes in Brazil posted in November their biggest drop in five months, government statistics agency IBGE said on Wednesday, …
VW China head sees China’s overall car sales rising 5% in 2023
SHANGHAI (Reuters) -China’s overall passenger vehicle sales are estimated to rise 5% in 2023, Volkswagen AG’s China President Ralf Brandstaetter told Chinese media. New energy …
Chemicals firm Sika’s annual sales exceed target on expansion and acquisitions
(Reuters) – Swiss chemicals maker Sika AG reported a 13.4% increase in full-year sales, as new factory openings and acquisitions helped the company surpass its …
Amazon to widely launch ‘Buy with Prime’, says offering improved merchant sales
(Reuters) – Amazon.com Inc will widely roll out a feature by end-January that allows online merchants outside its platform to use the e-commerce giant’s payment …
China passenger vehicle sales rise in Dec, Tesla sales slump 41% – data
SHANGHAI (Reuters) – China’s passenger car sales rose 2.4% in December as consumers rushed to make use of a subsidy for electric vehicles (EV) before …
Chicago Suburb’s Plan To Fund Reparations Through Marijuana Sales Tax Backfires
Chicago Suburb’s Plan To Fund Reparations Through Marijuana Sales Tax Backfires Laurel Duggan on January 9, 2023 Evanston, Illinois, a Chicago suburb, attempted to fund …
Bentley cruises to record sales in 2022 despite China drop
By Nick Carey LONDON (Reuters) – British luxury carmaker Bentley on Tuesday reported record vehicle sales for 2022, with strong demand offsetting a 9% drop …
Moderna generates $18.4 billion in COVID vaccine sales in 2022
(Reuters) – Moderna Inc said on Monday it generated about $18.4 billion in COVID-19 vaccine sales in 2022. (Reporting by Leroy Leo in Bengaluru; Editing …
Macy’s tempers holiday sales view, warns of more inflation pain ahead
(Reuters) -Macy’s Inc said on Friday it expects fourth-quarter sales to come in at the lower end of its forecast, blaming a deeper-than-expected lull in …
German retail sales rise 1.1% m/m in November
BERLIN (Reuters) – German retail sales rose in November, increasing by 1.1% compared with the previous month, data showed on Friday. Analysts polled by Reuters …
Ford reports smaller drop in 2022 U.S. sales as inventory levels improve
(Reuters) – Ford Motor Co on Thursday posted a smaller decline in annual U.S. sales compared to a year earlier, as an improvement in inventory …
Sales Software Firm Becomes Latest Tech Titan To Issue Layoffs
Sales Software Firm Becomes Latest Tech Titan To Issue Layoffs John Hugh DeMastri on January 4, 2023 Salesforce, the owner of popular business communication app …
Toyota’s 2022 U.S. auto sales down 9.6% on part shortages
(Reuters) – Toyota Motor Corp on Wednesday posted a 9.6% fall in its 2022 U.S. new vehicle sales as a shortage of semiconductor chips and …
BMW sales dip in 2022, targets 15% battery-electric sales this year
BERLIN (Reuters) -The BMW Group sold around 100,000 fewer cars in 2022 at 2.4 million vehicles, but more than doubled the proportion of fully-electric cars …
U.S. auto sales to fall in 2022, GM set to reclaim top spot from Toyota
(Reuters) – U.S. new vehicle sales are expected to decline for major automakers in 2022 due to inventory shortages, which weighed on Asian brands more …
Tesla’s China head Tom Zhu takes over sales in North America- Electrek
(Reuters) – Tesla Inc’s head of China, Tom Zhu, has taken over responsibilities for sales, service and deliveries in North America, Electrek website reported on …
Dubai scraps 30% tax on alcohol sales amid economic rebound
DUBAI (Reuters) – Dubai has suspended a tax of 30% on alcohol and dropped a licence fee previously needed to buy alcohol in the commercial …
Swiss National Bank steps up forex sales during Q3
ZURICH (Reuters) – The Swiss National Bank increased its forex sales to 739 million Swiss francs ($799.35 million) during the third quarter of 2022, the …
Spain’s November retail sales fall 0.6% on year
(Reuters) – Spanish retail sales fell 0.6% in November from a year earlier on a seasonally and calendar-adjusted basis, after rising 1.0% in October, the …
U.S. pending home sales sag more than expected in November
(Reuters) – Contracts to buy U.S. previously owned homes fell far more than expected in November, diving for a sixth straight month in the latest …
U.S. retail sales grows 7.6% in holiday season -Mastercard data
(Reuters) – U.S. retail sales rose 7.6% between Nov. 1 and Dec. 24, which encompasses a majority of the holiday season, as steep discounts lured …
U.S. new home sales increase again in November
WASHINGTON (Reuters) – Sales of new U.S. single-family homes rose for a second straight month in November likely as Americans took advantage of a retreat …
Home Sales Plunge In November As Housing Market Cracks Under High Prices
Home Sales Plunge In November As Housing Market Cracks Under High Prices John Hugh DeMastri on December 21, 2022 Sales of existing homes fell severely …
Champagne makers celebrate record sales ahead of Christmas
REIMS, France (Reuters) – Champagne sales are expected to reach a new record this year, despite inflation that could have made consumers shun the expensive …
U.S. new vehicle sales to fall in December as high prices deter buyers – report
(Reuters) – U.S. total new vehicle retail sales are expected to decline in December as high vehicle prices and rising borrowing costs pushed consumers to …
General Mills pet business posts muted sales as retailers cut back on inventory
By Granth Vanaik (Reuters) – General Mills Inc said on Tuesday quarterly sales at its high-margin pet business took a hit due to some key …
Canada October retail sales up 1.4% on gasoline, seen down 0.5% in November
By Steve Scherer OTTAWA (Reuters) – Canadian retail sales rose by 1.4% in October from September, data showed on Tuesday, but an estimate for November …
Two Chinese property developers to raise funds via discounted share sales
HONG KONG (Reuters) – CIFI Holdings on Tuesday became the latest Chinese property developer to raise funds by selling new shares at discounted prices, while …
Nike sales may soar as discounts draw shoppers; margin squeeze looms
By Deborah Mary Sophia (Reuters) – Nike Inc is expected to report a big bump in second-quarter sales, as it offered deep discounts on its …
China’s weekly new home sales rise slowly – private survey
BEIJING (Reuters) – New-home sales in 16 Chinese cities rose at a slower pace last week, held back by falling transactions in the biggest cities …
British Airways, Virgin Atlantic limit ticket sales to Heathrow due to strikes
LONDON (Reuters) – British Airways and Virgin Atlantic will limit ticket sales for flights to London’s Heathrow Airport during planned strikes by border agents over …
U.S. existing-home sales to slide to 11-year low in 2023, NAR says
(Reuters) – Sales of previously owned U.S. homes will fall for a second year in 2023 to their lowest annual total since 2012 when the …
The Biden Admin’s Latest Offshore Wind Lease Sales Mostly Went To Foreign Energy Companies
The Biden Admin’s Latest Offshore Wind Lease Sales Mostly Went To Foreign Energy Companies Jack McEvoy on December 8, 2022 Roughly 78% of federal land …
Gun Sales Jump In Oregon With 36,000 People Waiting On Delayed Background Checks
Gun Sales Jump In Oregon With 36,000 People Waiting On Delayed Background Checks Bronson Winslow on December 8, 2022 Attempted gun purchases in Oregon continue …
Google Ad Manager outage costs big websites ad sales
By Paresh Dave OAKLAND, Calif. (Reuters) – A Google service relied upon by many large websites to sell and display ads was down for about …