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Retail
Brazil to end tax exemption on international orders, targeting Asian...
April 12, 2023 08:42 PM AEST | By ReutersBRASILIA (Reuters) - Brazil's government announced on Tuesday it would end a tax exemption on international orders up to $50 as part of an effort to t...
Polish e-commerce firm Allegro eyes higher Q1 profit
March 30, 2023 03:50 PM AEDT | By Reuters(Reuters) - Poland's biggest e-commerce platform Allegro expects its core earnings will rise in the first quarter, it said Thursday, as it focuses on...
Zara owner Inditex's Americas profits surge as China slips
March 17, 2023 02:44 AM AEDT | By ReutersMADRID (Reuters) - Asia was an outlier for Zara owner Inditex last year, the only region where profits fell as China faced COVID-19 lockdowns, while p...
Vietnam Jan-Feb exports down 10% amid weak global demand
March 09, 2023 04:05 PM AEDT | By ReutersHANOI (Reuters) - Exports from Vietnam, a regional manufacturing hub, fell 10% in the first two months of this year from a year earlier, as weakening...
S&P 500 ends slightly higher ahead of Powell testimony, upcoming...
March 07, 2023 08:16 AM AEDT | By ReutersBy Sinéad Carew and Bansari Mayur Kamdar (Reuters) - The S&P 500 made little progress on Monday, closing slightly lower than its session high as U...
Taiwan's TSMC to recruit 6,000 engineers in 2023
March 04, 2023 01:59 PM AEDT | By ReutersTAIPEI (Reuters) - Taiwan Semiconductor Manufacturing Co Ltd (TSMC), the world's largest contract chipmaker, will recruit more than 6,000 new staff in...
Chile's Falabella posts Q4 net loss as key sectors see revenue drop
March 01, 2023 09:48 AM AEDT | By Reuters(Reuters) - Chilean retailer Falabella on Tuesday reported a fourth-quarter net loss of 22.6 billion Chilean pesos ($26.3 million), after posting a ne...
U.S. retailers' ocean shipping price woes ending, but new delays thr...
February 28, 2023 08:11 AM AEDT | By ReutersBy Lisa Baertlein LONG BEACH, Calif. (Reuters) - Collapsing ocean shipping rates would seem to be good news for U.S. retailers, but they are now braci...
Venezuelan liquor cocuy is winning awards, but producers face hurdle...
February 27, 2023 10:22 PM AEDT | By ReutersBy Keren Torres SIQUISIQUE, Venezuela (Reuters) - The international profile of cocuy, an artisanal Venezuelan liquor made from agave, is on the rise a...
U.S. retailers' ocean shipping price woes ending as new delays threa...
February 27, 2023 10:20 PM AEDT | By ReutersBy Lisa Baertlein LONG BEACH, Calif. (Reuters) - Collapsing ocean shipping rates are not all good news for U.S. retailers, who paid as much as $20,000...
U.S. likely to cap level of S.Korean chips made in China- U.S. offic...
February 24, 2023 03:04 PM AEDT | By ReutersSEOUL (Reuters) - The United States will likely limit the level of advanced semiconductors made by South Korean companies in China, a senior U.S. offi...
Pernod Ricard confident over FY 2023 as H1 results beat expectations
February 16, 2023 05:40 PM AEDT | By ReutersPARIS (Reuters) - Pernod Ricard said on Thursday it was confident sales growth would remain dynamic and broad-based albeit in a normalising environmen...
Walmart's Mexico unit posts nearly 12% jump in Q4 net profit
February 16, 2023 08:19 AM AEDT | By ReutersMEXICO CITY (Reuters) - Walmart's Mexico unit on Wednesday posted a nearly 12% jump in its fourth-quarter net profit from the year earlier period, wit...
Jewellery maker Pandora says organic sales could rise or fall this y...
February 08, 2023 05:55 PM AEDT | By ReutersCOPENHAGEN (Reuters) - Danish jewellery maker Pandora expects organic sales growth between -3% and 3% this year, it said on Wednesday as it reported f...
Retailers offering discounts on high-end iPhones in China
February 06, 2023 02:56 PM AEDT | By ReutersSHANGHAI (Reuters) - Third party retailers in China are offering discounts of as much as 10% on Apple Inc's iPhone 14 Pro amid sluggish demand for sma...
Hong Kong retail sales rise in Dec, inbound tourism brightens outloo...
February 03, 2023 08:34 PM AEDT | By ReutersHONG KONG (Reuters) - Hong Kong's retail sales rose in December as economic sentiment improved alongside further relaxation of social distancing measu...
Estee fears bigger drop in profit on uncertain China recovery
February 03, 2023 01:41 AM AEDT | By ReutersBy Ananya Mariam Rajesh (Reuters) - Estee Lauder Cos Inc forecast a bigger drop in full-year profit than it had initially estimated, citing uncertaini...
Estee expects bigger drop in profit on higher costs, slow China reco...
February 02, 2023 11:40 PM AEDT | By Reuters(Reuters) - Estee Lauder Cos Inc on Thursday forecast a bigger drop in full-year profit as slow recovery in major market China and higher costs pose r...
Mali cuts cotton output forecast an additional 29% for 2022/23
January 31, 2023 11:41 PM AEDT | By ReutersBAMAKO (Reuters) - Mali has reduced its cotton output forecast for the 2022/23 season by an additional 29% to 526,000 tonnes due to bad weather and pe...
Apple's India supplier Jabil making AirPods parts for export-Bloombe...
January 30, 2023 04:49 PM AEDT | By Reuters(Reuters) - Apple-supplier Jabil Inc's India unit has begun making components for AirPods in the country and is shipping plastic bodies or enclosures...
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