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…
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 after rising interest rates and Russia’s war…
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 they had been in the corresponding 2018/19…
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 Swiss chemicals maker Sika AG. The divestment…
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 December, unadjusted for inflation, with consumers cutting…
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 on Wednesday, as price increases more than…
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 registered in the European Union, Britain and…
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 in November, as manufacturing activity was hit…
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 rapidly in 2022, nearly doubling their U.S.…
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) in the mid-term and is open to…
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 Estate Association showed on Monday. The industry…
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 the impact of Western sanctions on Moscow.…
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, affected by higher fuel prices and a…
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 vehicles, which include pure electric and plug-in…
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 target of hitting annual sales of 10…
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 and delivery services, as it takes on…
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 they expired last month, with sales likely…
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 its racial reparations program through a tax…
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 in China caused by coronavirus-related lockdowns. The…
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 by Shinjini Ganguli)…
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 shopping between the season’s major holidays. Shares…
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 had forecast a 1.0% rise inprice-adjusted terms.…
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 levels allowed the U.S. automaker to ship…
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 Slack and developer of other sales software,…
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 rising costs hampered the Japanese automaker’s production…
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 sold to reach almost 10% of total…
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