Australian retail sales jump in Feb, augur well for Q1 growth
By Wayne Cole SYDNEY – Australian retail sales beat forecasts again in February as shoppers defied storms and coronavirus waves to return to cafes and …
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Chinese pork giant WH Group’s 2021 profit lifted by higher US, European sales
BEIJING – Chinese pork processing giant WH Group Ltd on Monday reported a 7.2% rise in annual profit to $1.043 billion driven by higher sales …
Buyout firm TPG’s fourth-quarter earnings jump 34% on strong asset sales
By Chibuike Oguh (Reuters) – TPG Inc said on Monday its fourth-quarter after-tax distributable earnings rose 34% year-on-year, driven by strong asset sales across its …
Moderna raises full-year COVID vaccine sales forecast to $21 billion
– Moderna Inc on Thursday raised its full-year forecast for sales of its COVID-19 vaccine to roughly $21 billion from $19 billion. The company in …
March U.S. auto sales to tumble on rising inflation, Ukraine crisis- data
– U.S. auto retail sales could decline in March as rising inflation hinders spending by customers already limited by slim inventories due to pandemic-led supply …
Volvo Cars cuts 2022 sales volume forecast due to chip shortage
STOCKHOLM – Volvo Cars said on Tuesday that a shortage of semi-conductors was hitting production and would likely to continue through the second quarter, forcing …
Armed career criminal sentenced for drug and firearm sales
ATLANTA –Derrick Guffie, an armed career criminal, has been sentenced to federal prison for illegal drugs and firearm sales. Guffie was involved in nine drug …
Lamborghini can absorb lost sales in Russia through other markets -CEO
By Giulio Piovaccari MILAN – Italian luxury sports car brand Lamborghini can easily make up for lost sales from its decision to suspend business in …
Czech central banker favours rate hikes to wider FX sales to stem inflation
By Jan Lopatka PRAGUE – The Czech central bank is likely to raise interest rates again on March 31 and may discuss more use of …
Canada retail sales up 3.2% in January, seen falling 0.5% in February
By Julie Gordon OTTAWA – Canadian retail sales bounced back in January, beating expectations, as shoppers ventured out to car dealerships and home improvement shops, …
China’s land sales plunged in Jan-Feb though easing measures
BEIJING – China’s land sales revenue slumped from a year earlier, official data for January-February showed on Friday, pointing to continued weakness in the country’s …
Jacksonville Man Sentenced to 5+ Years on Firearm Charges Related to Crack Cocaine Sales
NEW BERN, N.C. – Elias Johnson, 21, of Jacksonville, was sentenced today to 62 months in prison for possessing a firearm in furtherance of a …
Samsung wins appeal overturning ban on Russia sales in patent lawsuit
– A Russian court on Thursday overturned a ruling that would have barred Samsung Electronics importing and selling 61 models of smartphones in Russia over …
European car sales contract further in February – ACEA
BERLIN – New car registrations in Europe deteriorated further in February, after hitting a record low in January, as supply chain disruptions continued to hurt …
San Fernando Valley Man Agrees to Plead Guilty to Illegal Gun Sales
LOS ANGELES – A North Hollywood man has agreed to plead guilty to acting as an unlicensed gun broker by selling 16 rifles and …
Sales Representative Charged in Federal Indictment Alleging Procurement Fraud at Chicago Elementary School
CHICAGO — An ongoing federal investigation into an alleged procurement fraud scheme at a Chicago elementary school has resulted in charges against a sales representative …
Barclays suspends sales of two products linked to oil, volatility
By Iain Withers and Saqib Iqbal Ahmed LONDON/NEW YORK – British bank Barclays said on Monday it had suspended the sales and issuance of two …
China grants Evergrande NEV approval to start vehicle sales
SHANGHAI – China’s industry regulator has given China Evergrande New Energy Vehicle Group approval to start sales of its inaugural electric car, the Hengchi 5 …
Britain’s Boohoo to meet earnings guidance as sales growth slows
LONDON -British online fashion retailer Boohoo forecast 2021-22 core earnings in line with reduced guidance as it reported an expected slowdown in revenue growth in …
McDonald’s, Starbucks, Coke and Pepsi all halt sales in Russia
By Hilary Russ and Uday Sampath Kumar NEW YORK -McDonald’s, PepsiCo, Coca-Cola and Starbucks stopped sales of their best-known products in Russia on Tuesday, offering …
ARK’S Wood sees Europe in recession, high oil prices to drive EV sales
By David Randall NEW YORK – Europe’s economy is likely already in a recession as a result of the Russian invasion of Ukraine and the …
Ukraine war to sully clothes sales from Levi to Ralph Lauren
By Praveen Paramasivam – Levi Strauss and Ralph Lauren are among U.S. apparel brands likely to be worst hit by Russia’s invasion of Ukraine which …
Adidas announces new China chief as it looks to revive sales
SHANGHAI – Adidas has replaced its China chief, it said on Tuesday, as the German sportwear brand looks to revive sales in the world’s second …
Euro zone January retail sales rise weaker than expected
BRUSSELS – Euro zone retail sales grew by less than expected in January, Eurostat data showed on Friday, pulled down by weaker sales of fuel …
Dassault Aviation sees lower sales in 2022 after military earnings boost
-France’s Dassault Aviation said on Friday it expected to post lower sales this year than in 2021, as it reported a steep rise in annual …
Canada Goose suspends sales in Russia after Ukraine invasion
– Luxury retailer Canada Goose Holdings Inc said on Wednesday it would suspend all wholesale and e-commerce sales to Russia, becoming the latest company to …
Australia retail sales rebound in Jan as economy weathers Omicron
By Wayne Cole SYDNEY – Australian retail sales were surprisingly strong in January as shoppers weathered a surge in Omicron cases with aplomb, suggesting the …
U.S. pending home sales fall for third straight month
WASHINGTON – Contracts to buy U.S. previously owned homes dropped for a third straight month in January amid record low inventory. The National Association of …
Russia’s invasion of Ukraine may pressure light-vehicle sales growth – data
– Russia’s invasion of Ukraine presents a “substantial risk” to the recovery of global light-vehicle sales this year, auto industry consultants J.D. Power and LMC …
Jeep to launch two new SUVs in India to boost sales
By Aditi Shah NEW DELHI – Stellantis’ Jeep will launch two new sport-utility vehicles (SUVs) in India this year to boost sales in a market …
New Zealand retail sales rise in Q4 2021
WELLINGTON – New Zealand retail sales volumes rose a seasonally adjusted 8.6% in the fourth quarter of 2021, data from Statistics New Zealand showed on …
Moncler 2021 sales top 2 billion euros, beating expectations
MILAN – Sales at Italian luxury outwear maker Moncler grew by 30% in the key final quarter of 2021 and 44% for the full year …
U.S. new home sales fall in January as prices march higher
WASHINGTON – Sales of new U.S. single-family homes fell slightly more than expected in January, likely as rising mortgage rates and higher prices sidelined some …
Canada January factory sales likely up 1.3% – Statscan flash estimate
OTTAWA – Canadian factory sales most likely rose 1.3% in January from December, largely driven by higher sales in the petroleum and coal product industry, …
UK retail sales growth slows in Feb, price pressures mount – CBI
LONDON – British retailers reported slower sales growth in February but said demand was better than normal for the time of year as the Omicron …
Mercedes-Benz to double EV sales in 2022, solidify supplier relationship
BERLIN – Mercedes-Benz aims to double its electric vehicle sales in 2022 and expand its electrified car footprint in relevant markets worldwide, Chief Executive Ola …
HeidelbergCement sees higher sales, profits in 2022
HeidelbergCement HEIG.DE, the world’s second-largest cement maker, expects both sales and core profit to rise in 2022 on the back of global infrastructure programmes and …
Thai domestic car sales jump 25.81% y/y in January
BANGKOK – Domestic car sales in Thailand rose 25.81% in January from a year earlier to 69,455 units, helped by an easing of coronavirus curbs …
Worldline on a quest for M&A after sales beat, shares shoot up
By Juliette Portala -Worldline’s fourth-quarter sales surpassed market expectations, prompting the French payments company to herald a new year of “conquest” in Europe, with shares …
Cooling home improvement demand may pressure Home Depot, Lowe’s 2022 sales
By Uday Sampath Kumar – Home Depot Inc and Lowe’s Cos Inc may warn of a slowdown in 2022 sales when they report their quarterly …
Canada January retail sales seen rebounding from December decline
By Julie Gordon OTTAWA – Canadian retail sales most likely rose 2.4% in January from December, preliminary data from Statistics Canada showed on Friday, following …
Japanese investors step up overseas asset sales this year
– Japan’s domestic investors are selling foreign equities and bonds aggressively this year, on concerns over monetary tightening by the world’s major central banks and …
European Union car sales in January lowest on record -ACEA
BERLIN – New car registrations in the European Union reached a historic low of 682,596 units in January as semiconductor shortages continued to hurt car …
Biden Administration Defies Court Ruling Again, Opts Against Holding Oil Drilling Sales
The Biden administration missed another deadline to hold quarterly onshore oil drilling lease sales after a federal court ruled it was legally required to do …
Kraft Heinz plans more price hikes as sales, earnings beat estimates
By Deborah Mary Sophia and Mehr Bedi -Kraft Heinz Co said on Wednesday it would raise the prices of its snacks and condiments further to …
New Zealand homes sales and prices ease in January
WELLINGTON – Compounding factors are influencing a decrease in house prices and sales activity in New Zealand, the Real Estate Institute of New Zealand (REINZ) …
BAT sales jump on vaping, oral nicotine; announces 2 billion stg buyback
LONDON -British American Tobacco on Friday reported a 7% rise in full-year adjusted revenue to 25.7 billion pounds ($34.8 billion), helped by sales of e-cigarettes …
Bloods Gang Member Sentenced for Illegal Firearm Sales
NORFOLK, Va. – A Virginia Beach man was sentenced today to 2 years in prison for trafficking firearms in a Virginia Beach apartment complex. According …
U.S., Chinese beauty appetite fuel L’Oreal forecast-beating Q4 sales
PARIS -Holiday spending in the U.S. and China helped L’Oreal beat growth expectations over the crucial end-of-year period as consumers splurged on beauty products. Fuelled …
KFC-parent Yum Brands sales boosted by demand for tacos, fried chicken
By Praveen Paramasivam – KFC-parent Yum Brands Inc reported quarterly comparable sales that beat estimates on Wednesday, driven by strong online demand for its tacos …