Retail Industry News
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China's April industrial output, retail sales growth miss expectations
China's industrial output grew 4.1 percent in April from a year earlier, slowing from the 5.7 percent pace in March, official data showed on Monday. SCROLL TO CONTINUE WITH CONTENT The data released by the National Bureau of Statistics (NBS) missed…
China's April economic data underwhelms, with retail sales growth slowing to lowest since 2022
Retail sales, a gauge of consumption, rose 0.2% last month from a year ago, the weakest growth since December 2022. China's industrial output climbed 4.1% in April from a year earlier, undershooting expectations for a 5.9% rise. Urban fixed asset…
The CEO of eToro reveals why he thinks retail traders have become the 'smartest money out there
Yoni Assia, the founder and CEO of trading platform eToro, has had a front row seat to the evolution of the retail investor over the last few years, and he thinks the day trader crowd is the new smart money in markets. Speaking with Business…
Stock futures are little changed after record-setting week for Wall Street; traders await Nvidia and retail earnings: Live updates
Stock futures were little changed Sunday night following a record-setting week, with traders awaiting quarterly results from Nvidia and major U.S. retailers. Investors also kept an eye on the U.S.-Iran war. Dow Jones Industrial Average futures…
Shein buys US-based apparel retailer Everlane, Puck News reports
May 17: Online fast-fashion platform Shein is acquiring Everlane from majority owner L Catterton in a deal valuing the U.S.-based apparel retailer at about $100 million, Puck News reported on Sunday, citing people familiar with the matter. Those…
Wall Street eyes Nvidia and retail earnings for signals on AI boom, consumer spending
New York: Two key themes shaping the US stock market — the artificial intelligence boom and inflation-pressured consumer spending — will be in focus next week, with earnings reports from semiconductor giant Nvidia and a range of major…
Swatch 'Royal Pop' collaboration with Audemars Piguet causes chaos at US retailers and beyond
SAN FRANCISCO (KGO) -- There was chaos early Saturday morning at the Westfield Valley Fair shopping mall in Santa Clara. A huge crowd showed up at the Swatch store for the highly anticipated 'Royal Pop' collaboration with Audemars Piguet. But, like…
Korean retail investors pile back into US tech stocks
South Korean retail investors are pouring back into US equities again as enthusiasm for AI-driven tech rallies overwhelms the government's campaign to steer money back into the domestic market. According to Korea Securities Depository data released…
Breaking | China's economy shows signs of strain in April as Iran war headwinds grow
The Chinese economy showed signs of slowing in April, as industrial output, retail sales and fixed-asset investment all missed expectations amid a deepening global energy crisis, the latest data shows. China's industrial output grew by 4.1 per cent…
China's Economy Slows Sharply as Investment Resumes Declines
China's growth slowed across the board in April with investment resuming declines while retail sales and industrial output fell short of forecasts, underscoring the economy's vulnerability in the face of a global energy crisis. Fixed-asset…
Asia-Pacific markets set for mixed open as Trump's Iran warning stokes fresh oil supply fears
Trump's warning to Iran revived concerns over Middle East supply disruptions. Oil prices climbed by more than 1% as investors feared further disruption to global crude supplies. Asian markets signaled a mixed open amid geopolitical uncertainty.
ASX 200 LIVE: ASX to dip as oil jumps towards $US110
Go to latest The Australian sharemarket is poised to open lower as investors eagerly await earnings results from chip giant Nvidia, the world's largest company by market capitalisation, for signs of how much momentum the artificial intelligence…
South Korea market volatility nears record high after $13 billion foreign investor selloff
Kospi volatility neared record highs after foreign investors dumped $13.2 billion in Korean equities last week. The Kospi briefly tumbled 4%, extending Friday's 6% rout amid heavy foreign outflows. Jung Yeon-je | Afp | Getty Images South Korea's…
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Publicis to acquire LiveRamp for $2.2bn to strengthen data-driven marketing
Publicis Groupe has entered into an agreement to acquire LiveRamp, a global data collaboration platform, for $2.2 billion as it looks to strengthen its position in data co-creation. LiveRamp will continue to operate under the leadership of CEO…
Jim Cramer on Charles Schwab: 'I Think the Market's Misjudging This One'
The Charles Schwab Corporation (NYSE: SCHW) was among Jim Cramer's Mad Money stock calls as he urged investors to exercise caution when it comes to red-hot AI stocks. Cramer commented on the stock's decline after a good run, as he remarked: Okay…
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