Investment gold and silver could soon be sales tax exempt in New Jersey
TRENTON, NJ – A the economy continues to suffer and inflation continues to rise under the Presidency of Joe Biden, many are turning to investments …
Sales
Russia’s Avtovaz aims to almost double car sales in 2023
(Reuters) – Russia’s top carmaker Avtovaz said on Thursday it plans to sell at least 370,000 vehicles this year, the TASS news agency reported – …
Volkswagen hopes to finalise sales process for Russia plant soon – brand chief
(Reuters) – Volkswagen brand chief Thomas Schaefer said the carmaker hoped to finalise the sales process for its plant in Kaluga, Russia soon, though he …
Turkish house sales drop 18% year-on-year in February -stats institute
ISTANBUL (Reuters) – Turkish home sales fell 18% year-on-year in February to 80,031 houses, with sales to foreigners dropping 27%, data from the Turkish Statistical …
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 …
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 …
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 …
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 …
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 …
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% …
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 …
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 …
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 …
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 …
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, …
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 …
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 …
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 …
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 …
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 …
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 …
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 …
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 …
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 …
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 …
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 …
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 …
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 …
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 …
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 …
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 …
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 …
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 …
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 …
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 …
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 …
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 …
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 …
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 …
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 …
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 …
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 …
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 …
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 …
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 …
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 …
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 …
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 …
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 …
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 …