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…
Carrefour Brasil reports Q1 total sales of $4.45 billion
(Reuters) – Brazilian retailer Carrefour Brasil reported on Tuesday first-quarter total sales of 20.755 billion reais ($4.45 billion), a 14.5% increase compared with the same quarter the previous year. The company said…
Three Plead Guilty to Wire Fraud In Connection with Unlawful Virtual Currency Sales Business
CONCORD – Andrew Spinella, 36, of Derry, Renee Spinella, 24, of Derry, and Nobody, a/k/a Richard Paul, 53, of Keene, pleaded guilty last week in federal…
Musk’s Twitter play sparks concerns about distraction, stock sales at Tesla
By Hyunjoo Jin and Chavi Mehta (Reuters) – Elon Musk’s offer to buy Twitter sparked concerns among Tesla investors and analysts that the electric carmaker could suffer as the chief executive becomes…
Meta to take nearly half of sales made by its metaverse creators as fees
(Reuters) – Facebook parent Meta Platforms will charge creators around 47.5% on sales of digital assets and experiences made inside the company’s virtual reality platform Horizon Worlds. The overall charge comprises of…
Former Dealership Sales Associate Pleads Guilty to Wire Fraud
A former car dealership sales associate alleged to have been responsible for more than $ 1 million in fraudulent vehicle sales pleaded guilty Tuesday in federal court, announced U.S. Attorney Clint Johnson.…
Givaudan to keep raising prices after Q1 sales grew 4.6%
ZURICH -Fragrance and flavour maker Givaudan on Tuesday confirmed its mid-term targets and said it would keep raising prices this year to offset higher input costs after like-for-like sales rose 4.6% in…
India’s Amul dairy says bracing for sales disruption due to straws ban
By Aditya Kalra NEW DELHI – India’s $8 billion Amul dairy group said on Monday it is bracing for disruptions and higher input costs for some products from July when the government’s…
China vehicle sales fall 11.7% in March after 2 months of increase
SHANGHAI/BEIJING – Auto sales in China fell 11.7% in March versus an 18.7% rise in February, industry data showed on Monday, as the country’s zero COVID-19 policies kept people from shopping for…
Suspect Who Stole Dodge Hellcat from Dealer Spoke to Sales Rep Day Before
SOUTH MARLTON, NJ – A car thief who stole a Dodge Charger Hellcat from Elkins Chevrolet in South Marlton was identified because he was at the dealership the day before. During that…
U.S. farmers, in Havana, say sanctions stymieing food sales to Cuba
By Dave Sherwood HAVANA – U.S. farmers, on a trade tour in Cuba, said on Wednesday they would like to sell more wheat and other farm products to the impoverished Caribbean island…
Toyota cuts ’22 U.S. new-car sales industry outlook on supply-chain issues
DETROIT – Toyota Motor Corp on Wednesday cut its 2022 outlook for the U.S. auto industry’s new-car sales, citing the struggles in the supply-chain caused by the pandemic and the conflict in…
Russia’s new car sales slump 63% year on year in March
(Reuters) – New car sales in Russia fell 62.9% year-on-year in March, contracting for a ninth straight month, as the industry encountered an acute shortage and soaring prices caused by a sharp…
Volvo Cars says March sales fall 22%, hurt by chip shortage
STOCKHOLM – Volvo Cars said on Monday car sales in March fell 22% to 58,677 cars as the automaker faced shortages of a specific semiconductor. Volvo, majority owned by China’s Geely Holding,…
Oakland Resident Charged With Fentanyl And Methamphetamine Sales In Tenderloin
SAN FRANCISCO – Jose Alvarado appeared in United States District Court today to face federal charges for the distribution of fentanyl and methamphetamine in San Francisco’s Tenderloin District, announced United States Attorney…
Mitsubishi Motors Reports Strong First Quarter Sales Led By Record Sales Of All-New Outlander
MMNA’s flagship vehicle, the all-new 2022 Outlander, continued to lead the brand’s sales success for the quarter, with 13,065 total vehicles sold, a 218.2% year-over-year increase. Q1 2022 also represented the best-ever…
Car sales in India rise but automakers warn of supply chain disruptions
By Aditi Shah NEW DELHI – Carmakers in India reported a sharp rise in annual sales for the fiscal year 2022 on Friday, but warned of future risks from global supply chain…
Spain March car sales slump as trucker strike adds to industry woes
MADRID – New car registrations in Spain fell more than 30% in March as a partial trucker strike delayed deliveries of vehicles and parts and deepened existing supply-chain issues, industry body Anfac…
Southern California Businessman Sentenced to a Year in Federal Prison for Illegally Brokering Sales of Embargoed Defense Articles From China
CHICAGO — A Southern California businessman has been sentenced to a year in federal prison for illegally brokering the sales of embargoed defense articles from the People’s Republic of China and filing…
Spain consumer goods sales rise on worries over supply amid Ukraine war
MADRID – Sales of consumer goods rose 13% in Spain in the wake of Russia’s invasion of Ukraine as supply concerns, exacerbated by a partial transport strike, prompted shoppers to stock up…
Hong Kong retail sales fall 14.6% in Feb, snapping 12 months of growth
HONG KONG – Hong Kong’s retail sales fell in February after 12 straight months of growth as a wave or COVID-19 infections hit the city and anti-epidemic measures weakened consumer sentiment and…
Russia approves ‘parallel imports’ after top brands halt sales
(Reuters) – Russia has authorised retailers to import products from abroad without the trademark owner’s permission, Prime Minister Mikhail Mishustin said on Wednesday, after global brands halted sales or stopped exports over…
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 department stores for the second-best month ever…
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 in the United States and Europe. Revenue…
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 portfolio of private equity, impact investment, growth…
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 February forecast sales of $19 billion from…
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