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…
Europe Follows California’s Lead On Gas Car Sales Ban
Europe Follows California’s Lead On Gas Car Sales Ban John Hugh DeMastri on February 14, 2023 The European Parliament approved legislation Tuesday that will ban the sale of new gas-powered cars in…
Canadian home sales fall 3% in January
TORONTO (Reuters) – Canadian home sales fell 3% in January from December and were down 37.1% on an annual basis, data from the Canadian Real Estate Association showed on Wednesday. The industry…
IKEA stores owner Ingka says campaigns help boost store visits and sales
By Anna Ringstrom and Marie Mannes STOCKHOLM (Reuters) – Price cuts at IKEA as well as promotional campaigns which the budget furniture giant normally doesn’t do have boosted footfall and sales, the…
Australia business activity rebounds in Jan on strong sales – NAB
SYDNEY (Reuters) – Australian business conditions rebounded sharply in January after three months of slowdown while cost pressures picked up again, a surprising sign of strength that could add to the case…
Toronto home sales to fall to 22-year low in 2023 -TRREB
TORONTO (Reuters) – Home sales and prices in the Greater Toronto Area (GTA) are set to fall in 2023 as higher borrowing costs weigh on the market but improvement is expected in…
U.S. demand boosts L’Oreal fourth-quarter sales, China weighs
By Mimosa Spencer PARIS (Reuters) -L’Oreal posted 8.1% sales growth in the fourth quarter, a touch slower than in the previous three months, with firm demand in the United States and Europe…
Brazil retail sales growth smallest in six years in 2022
SAO PAULO (Reuters) – Retail sales volumes in Brazil posted in 2022 their smallest annual growth in six years, government statistics agency IBGE said on Thursday, providing further signs of a slowing…
China car sales plunge 38% in January as subsidies, tax cut end
SHANGHAI/BEIJING (Reuters) – China’s passenger car sales slumped 38% in January, reversing a 2.4% gain in the previous month, industry data showed on Wednesday, as demand weakened after a tax cut on…
Italy inflation-adjusted retail sales fell in 2022
ROME (Reuters) -Italian retail sales increased in value terms but decreased in volume in 2022 compared to the previous year, with consumers suffering from high inflation, data showed on Wednesday. National statistics…
Brazil’s auto production, sales fall in January as demand slows
SAO PAULO (Reuters) – Brazil’s auto industry production and sales dropped sharply in January from the previous month, data from automakers association Anfavea showed on Tuesday, suggesting sluggish demand for vehicles in…
Australia retail sales volumes dip in Q4, price growth slows
SYDNEY (Reuters) – Australian retail sales volumes fell for the first time in a year last quarter as shoppers trimmed spending on goods, a sign higher borrowing costs are finally working to…
Tesla sales of China-made electric vehicles up 18% in January
BEIJING (Reuters) – Tesla Inc sold 66,051 China-made electric vehicles in January, data published by the China Passenger Car Association showed on Friday. That was up 18% from December, when the U.S.…
Analysis-European debt sales break January record in a tricky year
By Yoruk Bahceli and Chiara Elisei (Reuters) – European borrowers sold a record 280 billion euros ($304 billion) of debt in January, in a jump outpacing U.S. peers, to take advantage of…
Paxlovid sales forecasts may change with Pfizer view on China
By Manas Mishra and Michael Erman (Reuters) – Clarity from Pfizer Inc this week on whether China’s relaxation of its Zero-COVID policy and the surge in infections there will lead to a…
U.S. pending home sales post first gain in seven months in December
WASHINGTON (Reuters) – Contracts to buy U.S. previously owned homes increased for the first time in seven months in December as mortgage rates declined, another hopeful sign that the embattled housing market…
U.S. new home sales post third straight monthly gain
WASHINGTON (Reuters) – Sales of new U.S. single-family homes increased for a third straight month in December as mortgage rates continued to decline, offering hope that the struggling housing market was starting…
Toyota’s Thai unit sees its local car sales up 7.3% this year
BANGKOK (Reuters) – The Thai unit of Toyota Motor Corp <7203.T< expects its car sales in the Southeast Asian country to rise 7.3% to 310,000 vehicles this year, the company said on…
Mexico same-store sales up 10.6% in 2022, retail group says
MEXICO CITY (Reuters) – Mexican same-store retail sales rose by 10.6% across 2022 compared to the previous year, as the highest inflation in over two decades sent prices soaring, Mexican retailers’ association…
Major American Manufacturer Cuts Sales Expectations, Lays Off Thousands
Major American Manufacturer Cuts Sales Expectations, Lays Off Thousands John Hugh DeMastri on January 24, 2023 Major U.S. manufacturing firm 3M, the maker of Scotch tape among other popular office and industrial…
Tank maker Rheinmetall raises sales view, asks Berlin for firm orders
By Anneli Palmen and Christoph Steitz DUESSELDORF/FRANKFURT (Reuters) – German defence group Rheinmetall on Tuesday raised its sales expectations for 2025 on higher demand for weapons due to the war in Ukraine…
Auto lobby urges Spain to speed up vehicle electrification as sales lag
MADRID (Reuters) – Spain’s auto industry is in dire need of an overhaul to catch up with European peers and speed up its electrification process as automakers struggle to recover from a…
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 month, the Federation of Thai Industries (FTI)…
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 defense outlays as the Pentagon and its…
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 passed after a gunman killed seven people…
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 on Friday showed, adding to other recent…
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