(Reuters) – Sysco missed Wall Street expectations for its second-quarter sales on Tuesday, as demand for custom meat cuts and high-quality seafood petered out in the face of still-high inflation. …
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(Reuters) – Colgate-Palmolive on Friday forecast fiscal 2024 sales below estimates, as higher prices of its oral and personal care products continue to weigh on volumes. The toothpaste maker expects …
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BRUSSELS (Reuters) – The European Union faces a risk of consumer prices surging and growth slowing due to disruptions to shipping through the Red Sea, though it has yet to …
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BEIJING (Reuters) – China’s capital city Beijing has set a growth target of around 5% for 2024, surpassing last year’s target of above 4.5%, despite expectations of slower growth for …
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By Kevin Yao BEIJING (Reuters) – China’s economic growth is likely to slow to 4.6% in 2024, and cool further to 4.5% in 2025, a Reuters poll showed, raising the …
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By Leika Kihara and Takahiko Wada TOKYO (Reuters) – Core inflation in Japan’s capital slowed for the second straight month in December as cost-push price pressures continued to ease, data …
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By Casey Hall SHANGHAI (Reuters) – Expensive beauty hauls are a thing of the past for Evelyn Zhu. The Chinese branding professional says she now only spends on skincare essentials, …
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LONDON (Reuters) – Slowing trend growth in China means there are better investment opportunities in emerging markets outside the world’s number two economy, senior executives at BlackRock Investment Institute (BII) …
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By Joe Cash BEIJING (Reuters) – Declines in China’s exports likely slowed in November, a Reuters poll showed on Wednesday, amid mixed signs factories in the world’s second-largest economy may …
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By Satoshi Sugiyama TOKYO (Reuters) – Core consumer inflation in Japan’s capital Tokyo likely grew in November but at slower pace than the month before, a Reuters poll of economists …
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(Reuters) – VF Corp withdrew its full-year revenue and profit forecasts on Monday, with demand for its higher-priced apparel and footwear easing as customers turn more cost conscious, especially in …
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(Reuters) – Whirlpool Corp tempered its full-year profit forecast on Wednesday, signaling softening demand for its washing machines and kitchen appliances amid a cost-of-living crisis and sending its shares 5% …
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By Ben Klayman (Reuters) – High interest rates are derailing the ambitions of climate regulators and automakers to accelerate the shift to electric vehicles, underscored Wednesday by the scrapping of …
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By Kevin Yao BEIJING (Reuters) – China’s economy likely slowed in the third quarter, data is expected to show on Wednesday, weighed by persistently weak demand, although increased stimulus has …
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By Kevin Yao BEIJING (Reuters) – China’s economy is expected to have slowed in the third quarter as demand at home and abroad faltered, but increased support from the government …
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By Sergio Goncalves LISBON (Reuters) – Portugal unveiled its draft 2024 budget on Tuesday, projecting a surplus of 0.2% of GDP despite a further economic slowdown to 1.5% from this …
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By Jan Strupczewski BRUSSELS (Reuters) – Euro zone governments will try to bolster their public finances next year by withdrawing expensive energy price subsidies but slower economic growth and fear …
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Hurricane Lee is slowing down a bit but is nevertheless a very powerful hurricane as it aims itself at the U.S. East Coast. The category 5 storm weakened over the …
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By Chibuike Oguh NEW YORK (Reuters) – Shares of U.S. home furniture retailer RH dropped more than 15% on Friday after the company warned that slower quarterly sales would result …
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HONG KONG (Reuters) – China’s economic growth is slowing down as policymakers try to fix a property market downturn, with troubles at major developer Country Garden in focus. Concerns are …
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(Reuters) – Bath & Body Works on Wednesday warned of a steeper decline in annual sales as Americans deferred purchasing its pricier home fragrances and personal care products amid still-high …
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By Joe Cash BEIJING (Reuters) – China’s exports likely contracted further in July, as manufacturers in the world’s second-largest economy struggled for buyers in markets grappling with high inflation and …
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By Stella Qiu SYDNEY (Reuters) – Australia’s home prices rose for a fifth straight month in July, according to property consultant CoreLogic, although the monthly gain slowed as an increase …
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By Lucy Raitano LONDON (Reuters) – Euro zone manufacturing activity is deteriorating fast, as evidenced by Monday’s Purchasing Managers surveys, and yet European cyclical stocks are on a tear versus …
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MEXICO CITY (Reuters) – Mexico’s headline inflation likely eased in the first half of July to its lowest level in more than two years, but still remained above the central …