A Jefferies report indicates China's domestic economy struggles with weak consumer spending, property activity, and credit demand, despite robust export growth, particularly in semiconductors. Retail sales declined in May, and consumer confidence fell, signaling persistent challenges.
India has diversified its LPG imports by sourcing from the US, Iran, Argentina, Chile, France, and the Netherlands to reduce dependence on the Middle East following energy supply disruptions. Despite rising global prices, domestic consumers were shielded, though commercial users saw significant price hikes, leading to substantial losses for fuel retailers.
Bruno Retailleau, candidat à la présidentielle pour Les Républicains, fait face à des divisions internes avant son premier grand meeting. Plusieurs figures clés de la droite, dont Laurent Wauquiez et Xavier Bertrand, ne seront pas présents, soulevant des questions sur l'unité du parti.
Bruno Retailleau, président des Républicains, lance sa campagne pour la présidentielle de 2027. Il cherche à rassembler la droite, y compris les électeurs séduits par d'autres offres, en cultivant une image pro-business et en se concentrant sur les mesures régaliennes, tout en se démarquant philosophiquement d'Édouard Philippe.
British barbecue culture is transforming with the rise of high-end grills costing over £1,000. Driven by a desire for special experiences and year-round use, these premium devices are shifting from simple grilling to 'gastronomy,' becoming status symbols and investment pieces.
China's Ministry of Commerce introduces 17 measures to integrate AI into consumer goods, retail, and commerce, focusing on smart products, robots, and subsidies to boost consumption growth.
Reliance Consumer Products Limited aims for Rs 1 lakh crore revenue by FY30 and global FMCG status. Reliance Retail reported 1.93 billion transactions, 20,160 stores, and significant growth in fashion e-commerce and quick commerce. Jio Platforms' DRHP was approved for public listing.
The UAE Ministry of Finance has launched the country's first Sovereign Retail T-Sukuk programme, allowing residents and citizens to invest in Shariah-compliant government Islamic Treasury Sukuk with a minimum of Dh1,000. This initiative aims to encourage saving, broaden financial inclusion, and deepen local capital markets.
UK retail sales volumes rose 1.2% in May, exceeding analyst forecasts, driven by record hot weather boosting sales of fans and paddling pools, alongside strong online purchases and promotions. Supermarkets saw a slight decline.
UK retail sales volume rose 1.2% in May, exceeding analyst forecasts, due to record hot weather boosting sales of fans and pools, strong online performance, and promotions. Supermarkets were the only sector to decline.
Amazon's annual summer sale begins June 23, offering early deals on tested products. The Filter has curated 31 top discounts, including tech, home goods, sleep, travel, beauty, and kitchen items from brands like Field Company, Anyday, and Caraway. Many deals do not require a Prime subscription.
Retailers are offering early Prime Day deals on robot vacuums from brands like Roborock, Dreame, and Shark. Prices range from basic models to high-end options with advanced features like self-cleaning mop pads and AI obstacle avoidance.
Jacana Energy's CEO revealed thousands more customers than initially thought were impacted by billing delays due to a botched smart meter rollout. Power and Water Corporation admitted fault for not regularly supplying smart meter data to Jacana, affecting billing accuracy.
A district consumer commission in Aligarh has ordered a cigarette manufacturer and a retailer to deposit Rs 10 lakh in a consumer welfare fund for charging a customer Rs 20 over the printed MRP on a packet of Classic brand cigarettes.
Tesco CEO Ken Murphy stated that rainy spring weather significantly impacted UK grocery sales more than the World Cup or Middle East conflict. Sales growth slowed to 1.8% in Q1, below expectations, with sunshine boosting consumer spending and football wins causing only temporary, smaller sales spikes.
Tesco's UK sales growth slowed to 1.8% in Q1, down from 4.2% previously, citing "ongoing uncertainty for many households" due to the Middle East conflict and higher fuel prices. Despite the slowdown, online sales rose 8.9%, and group sales were up 1% to £16.8bn. The retailer expects to meet annual profit expectations.
Vinhomes dự kiến trả cổ tức 60% bằng tiền mặt (6.000 đồng/cổ phiếu) trong quý III, tương đương gần 1 tỷ USD. Vincom Retail cũng chi gần 2.300 tỷ đồng trả cổ tức tiền mặt tỷ lệ 10%.
South Korea's financial watchdog warned retail investors of potential losses due to extreme volatility in newly introduced single-stock leveraged ETFs. The underlying assets, Samsung Electronics and SK hynix, are experiencing increased volatility driven by an AI rally, amplifying risks for these ETFs.
Seoul stocks were trading higher late Thursday morning, with the benchmark KOSPI up 0.73% to 8,928.59, driven by retail investors buying semiconductor heavyweights like Samsung Electronics and SK hynix. The index trimmed earlier gains due to foreign selling and caution over the U.S. Federal Reserve's policy direction.
US retail sales rose 0.9% in May, exceeding forecasts, driven by strong auto purchases and service station receipts amid higher gas prices. Despite consumer anxiety over inflation, spending remains resilient, though a slowdown is anticipated as tax refund cushions deplete.
Google lança o Protocolo Universal de Comércio (UCP) para padronizar a interação de IA com e-commerce. O UCP visa permitir que agentes de IA descubram produtos, processem pagamentos e acompanhem pedidos em qualquer loja, sem integrações individuais. Empresas que não se adaptarem correm o risco de se tornarem invisíveis.
Ahead of Amazon's Prime Day sale, retailers like Walmart and Amazon are offering significant discounts on Apple products. Deals include AirPods Pro 3 at an all-time low of $169, Apple Watch Series 11 returning to a best price, and various iPad and Beats models on sale. Further discounts are anticipated during Prime Day.
La Consob, nel suo quaderno FinTech, evidenzia i rischi per l'investitore retail nell'ecosistema digitale: bolle informative, messaggi pubblicitari nascosti, gamification e disinformazione da finfluencer, web communities, neobroker e academy.
AO World is outsourcing up to 200 UK call centre roles to South Africa, citing rising labour costs, while reporting a 145% jump in pre-tax profits to £50.5m. The company expects to save £4m annually from the move, with about 150 roles already shifted.
