Best Buy says demand weakness to bottom out by year end, sales decline narrows
By Savyata Mishra (Reuters) -Best Buy Co Inc on Thursday posted a smaller-than-expected drop in comparable sales and said inflation-induced…
Business
Canada April factory sales most likely down 0.2% – Statscan flash estimate
OTTAWA (Reuters) – Canadian factory sales most likely fell 0.2% in April from March, largely driven by the food and…
Italy probing China’s possible growing influence on Pirelli -sources
By Giuseppe Fonte and Giulio Piovaccari MILAN (Reuters) – The Italian government, which is assessing tyre maker Pirelli’s new shareholder…
Chanel flags weaker U.S. sales, sees pickup in China
By Mimosa Spencer PARIS (Reuters) – Chanel sales in the United States, one of the luxury label’s top three markets,…
Moody’s: Emerging market credit to be tight amid U.S.-led risks
LONDON (Reuters) – Emerging economies will continue to suffer from the spillover of economic problems in the U.S., which are…
Insurer MetLife enters $19.2 billion reinsurance deal, boosts share buyback
(Reuters) – MetLife Inc said on Thursday it had signed a $19.20 billion reinsurance deal with retirement and life insurance…
Argentina launches dispute against United States at WTO
GENEVA (Reuters) – Argentina has initiated a dispute against the United States at the World Trade Organization regarding tubular goods…
Exclusive-From Russia with gold: UAE cashes in as sanctions bite
By Peter Hobson (Reuters) – The United Arab Emirates has become a key trade hub for Russian gold since Western…
UK retail sales fall in May after April rise, outlook less gloomy: CBI
LONDON (Reuters) – British retail sales declined this month after a modest rise in April but stores expect sales volumes…
Stellantis invests in US start-up Lyten to develop lithium-sulfur batteries
MILAN (Reuters) – Stellantis has invested in Lyten to help the U.S. startup develop applications for lithium-sulfur EV batteries, lightweight…