Retail Sales and Economic OutlookU.S. retail sales barely rose in May; meanwhile, April’s data was revised lower, indicating weak Q2 economic activity.Inflation and higher interest rates…
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Luxury retailers in European cities are vying for the patronage of affluent tourists this summer. They are banking on a spike in travelers evading the crush…
London – Nestle (NESN.S), the largest packaged food company in the world, increased prices on Thursday. However, it reduced sales and missed first-quarter organic sales growth…
On Wednesday, German automaker BMW celebrated the delivery of its millionth fully electric vehicle, marking a significant milestone for the business. Additionally, the company recorded a…
According to a Wednesday Bloomberg News story, Apple Inc. produced iPhones valued over $14 billion in India during the 2024 fiscal year. According to the report,…
When luxury firms release their first quarter results, investors are expecting a sharp decline in luxury sales. This is because of the weak Chinese market and…
In a tweet published on Weibo on Wednesday, Apple CEO Tim Cook stated that he is now in Shanghai. Cook did not reveal what additional plans…