Scratch-Offs carry New Jersey Lottery through sharp sales decline
TRENTON, NJ – New Jersey Lottery sales totaled $3.3 billion for the fiscal year ending Sunday, a decline of $288 million or 7.9 percent from the previous year, but still resulted in…
Exclusive-Malaysia’s Edotco, backers plan stake sales in hot telco towers market -sources
By Anshuman Daga and Yantoultra Ngui SINGAPORE (Reuters) -Asia-focussed telecoms tower firm Edotco Group, its Malaysian parent Axiata and a Japanese backer are in talks with investors for stake sales, in a…
New York obtains preliminary order barring ‘ghost gun’ sales
By Brendan Pierson NEW YORK (Reuters) – A federal judge on Thursday blocked 10 companies from selling certain gun components in New York while the state pursues a lawsuit against them aimed…
Mango’s sales hit record as Zara’s rival expands in US, India
By Corina Pons BARCELONA (Reuters) – Spanish fashion retailer Mango’s sales hit a record 2.68 billion euros ($2.8 billion) last year, exceeding pre-pandemic levels by 13% as shoppers kept spending on clothing…
China’s Jan-Feb passenger cars sales down 20% – CPCA
SHANGHAI/BEIJING (Reuters) -China’s passenger vehicle sales fell 20% in the first two months of this year, industry data showed on Wednesday, underscoring weak demand in the world’s biggest auto market even as…
Analysis-Governments could find avid buyers for record bond sales as ECB rates peak
By Stefano Rebaudo (Reuters) – Investors have rapidly revised up their expectations for euro zone interest rates, but with a peak now in sight, governments might find it much easier to allocate…
Lego looks to build on 2022 sales growth with more China stores
By Jacob Gronholt-Pedersen COPENHAGEN (Reuters) – Toymaker Lego said store openings in China and strong demand in Western Europe and the Americas had delivered 17% sales growth in 2022, adding that it…
Valentine’s Day spending boosts British retail sales in February – BRC
By Suban Abdulla LONDON (Reuters) – Valentine’s Day helped to boost British retail sales in February but volumes remained down on last year as households cut back on non-essential items, a survey…
Euro zone retail sales weaker than expected in January
BRUSSELS (Reuters) – Euro zone retail sales rebounded much less than expected month-on-month in January and were still lower than 12 months earlier, underlining the weakness of consumer demand in euro zone…
Hong Kong retail sales rise in Jan, inbound tourism to add to cheer
(Reuters) – Hong Kong’s retail sales rose in January for the second consecutive month as consumer sentiment improved, with further relaxation of pandemic-related rules expected to provide an additional boost, the government…
Swiss industry optimistic for 2023 after sales rise in 2022
ZURICH (Reuters) – Switzerland’s mechanical and electrical engineering companies are cautiously optimistic about their prospects for 2023 after the sector reported higher sales, exports and orders last year. Sales rose 9.4% in…
U.S. State Dept okays potential Javelin anti-tank missile sales to UK -Pentagon
WASHINGTON (Reuters) – The U.S. State Department has approved the possible sale of anti-tank Javelin missiles to the United Kingdom for an estimated $125 million, the Pentagon said on Tuesday. European demand…
Tesla’s China sales slow as price-cut boost wanes
SHANGHAI (Reuters) – Tesla Inc’s electric vehicle (EV) sales in China rose last week but were still running short of the pace seen in the fourth quarter, indicating the bump from discounted…
India’s passenger vehicle sales to grow 9%-10% in 2024 – Crisil Ratings
BENGALURU (Reuters) – India’s passenger vehicle sales are expected grow about 9%-10% in fiscal year 2024, roughly 20% above pre-pandemic peak levels, as strong demand and easing chip shortages prop-up the world’s…
Casino to step up promotions as cost of living crisis weighs on French sales
By Dominique Vidalon PARIS (Reuters) -French retailer Casino vowed on Tuesday to spend more on promotions this quarter to help cash-strapped shoppers after sales at its Geant hypermarkets in France fell sharply…
Banks pile into euro zone bond sales as rates shoot up
By Yoruk Bahceli (Reuters) – Banks are becoming the leading buyers of some euro zone governments’ bond sales, taking advantage of surging interest rates as the European Central Bank looks to reduce…
U.S. pending home sales post largest gain in 2-1/2 years in January
WASHINGTON (Reuters) – Contracts to buy U.S. previously owned homes rose by the most in more than 2-1/2 years in January, but a resurgence in mortgage rates could delay a much-awaited housing…
Shionogi sees COVID pill reaping $2 billion in annual sales upon U.S. approval
By Rocky Swift TOKYO (Reuters) – Japan’s Shionogi & Co Ltd believes its COVID-19 pill will easily garner $2 billion in annual sales if it secures U.S. approval, which the company expects…
U.S. weapons sales to get stricter human rights review under Biden
By Patricia Zengerle WASHINGTON (Reuters) – U.S. President Joe Biden’s administration unveiled on Thursday a long-awaited overhaul of arms export policy with increased emphasis on human rights, backing off a Trump-era policy…
Ray-Ban maker EssilorLuxottica’s sales rise on solid European growth
(Reuters) -Luxury eyewear maker EssilorLuxottica on Thursday reported a rise in fourth-quarter revenues, citing sound growth amid a challenging environment, but its performance in China declined because of COVID-19 restrictions. The maker…
UK retail sales flat in Feb after Jan fall, outlook gloomy: CBI
LONDON (Reuters) -British retail sales held steady in February after falling in January but stores expected sales volumes to slip again in March as the rising cost of living eats away at…
Dem Reps Seek To Restrict Ammunition Sales To Americans
Dem Reps Seek To Restrict Ammunition Sales To Americans Bronson Winslow on February 22, 2023 Democratic lawmakers are seeking further restrictions on ammunition sales after submitting the “Stop Online Ammunition Sales Act…
TJX sales may surge in 2023 on bargain hunting for top fashion brands
By Ananya Mariam Rajesh and Aatrayee Chatterjee (Reuters) – TJX Cos Inc is likely to see a strong growth in annual sales as inflation pushes bargain-hungry but brand-conscious customers to off-price retailers…
Canada December retail sales up 0.5% on autos, seen up 0.7% in January
Feb 21 (Reuters) – Canadian retail sales rose by 0.5% in December from November at C$62.12 billion ($46.19 billion), on higher sales at motor vehicles and parts dealers, as well as general…
South Africa’s Tiger Brands grows sales after price hikes
JOHANNESBURG (Reuters) – South Africa’s biggest food producer Tiger Brands said on Tuesday its four-month revenue to end January rose 17% year-on-year as it raised prices to manage soaring input costs. Consumer…
Thailand car production rises in January but local sales drop
BANGKOK (Reuters) – Car production in Thailand rose 4.02% in January from a year earlier to 157,844 units, helped by higher exports, the Federation of Thai Industries said on Tuesday. Domestic sales,…
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