The offices of the London Stock Exchange Group can be seen in the City of London, Great Britain on December 29, 2017. REUTERS / Toby Melville / File Photo Miners down on iron ore weakness Airlines take advantage of prospect of relaxing travel rules FTSE 100 down 1.2%, FTSE 250 down 0.2% September 17...
Read MoreRetail sales in the United States rebounded in August after falling sharply in July. Strong consumer spending defying the spread of the Delta variant of the coronavirus surprised many financial experts. The positive momentum is expected to continue as several market researchers predicted strong holiday retail sales this year. Strong retail sales in August...
Read MoreEarly in the day: It was a quiet start to the day on the economic calendar this morning. The Kiwi dollar was back in action this morning. For the Kiwi Dollar Business PMI figures were the focus of the early hours. In August, the Business PMI fell from 62.6 to 40.1. The PMI fell...
Read MoreAsia-Pacific equity news Sign up for myFT Daily Digest to be the first to know about Asia-Pacific stock news. US stocks and government bonds slipped Thursday after stronger-than-expected US retail sales data raised hopes that the Federal Reserve would soon begin to dampen its stimulus efforts. The blue-chip Wall Street indices, the S&P 500...
Read MoreThe USD / JPY extends yesterday’s lull and remains muted on Thursday. The US dollar index slips below 92.50, still recovering from colder-than-expected US inflation data. The Japanese yen is benefiting from its appeal as a safe haven against a backdrop of declining investor risk appetite. The USD / JPY fell slightly on Thursday...
Read MoreAmazon, Walmart, Walgreens, and third-party grocery stores like Instacart are investing in micro-fulfillment centers to speed delivery times, lower last mile costs, and bring products closer to consumers. The investment comes as e-commerce sales are expected to reach around 35% of total sales by 2023, according to Edge Retail Insight, a subsidiary of Ascential....
Read MorePeople walk past a GameStop store in Brooklyn on January 28, 2021 in New York City. Spencer Platt | Getty Images News | Getty Images Video game retailer GameStop said on Wednesday that its second-quarter loss had narrowed as sales rose from a year ago. The retailer also said the U.S. Securities and Exchange...
Read MoreWritten by BT / MTI Retail sales in Hungary rose 2.5% per year in July, or 3.0% after adjusting for calendar year effects, according to preliminary data released by the Central Statistical Office (KSH) on Friday. . The increase slowed to 6.2 percent in the previous month. Retail sales have grown for four consecutive...
Read MoreOLYMPIA, Wash. – September 1, 2021 – The first quarter of 2021 saw a rebound in taxable retail sales statewide from the first quarter of 2020, reaching $ 46 billion, thanks to strong sales of new automobiles and cars. opportunity and a healthy resumption of construction. Retailing, a subset of all taxable retail sales...
Read MoreFREEPORT, Ill. (WIFR) – A bill drafted by State Representative Andrew Chesney (R-Freeport) to ban pet stores from selling puppy mills was signed by Governor Pritzker on Friday. Representative Chesney passed this law to end the sale of commercially bred puppies to retailers over objections and protests from puppy mill advocates. “One of the...
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