Fashion Retailer H&M’s March-May Sales Jump A Forecast-beating 17%
STOCKHOLM (Reuters) -Sweden’s H&M, the world’s second-biggest fashion retailer, reported on Wednesday an increase in March through May sales that…
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S.Korea Truckers Return To Work After Strike; Shares Rally
By Byungwook Kim and Heekyong Yang SEOUL (Reuters) -South Korea’s unionised truckers headed back on the roads on Wednesday after…
Some See Few Signs Of A Bottom In U.S. Stocks, Even After Steep Selloff
By Lewis Krauskopf NEW YORK (Reuters) – Despite a crushing selloff that pushed U.S. stocks into a bear market, investors…
China’s Factories Perk Up, But Frail Consumption Points To Weak Economic Recovery
By Kevin Yao and Ellen Zhang BEIJING (Reuters) – China’s economy showed signs of recovery in May after slumping in…
China’s factory activity rebounds as anti-virus curbs ease
BEIJING (AP) — China’s factory output rebounded in May, adding to a recovery from the latest COVID-induced economic slump after…
The Saudi Investment King Who No Longer Rules Alone
By Hadeel Al Sayegh and Saeed Azhar DUBAI (Reuters) – The prince who’s the international face of Saudi business may…
China’s Factories Perk Up, But Weak Consumption Points To Slow Economic Recovery
BEIJING (Reuters) – China’s economy showed signs of recovery in May after slumping in the prior month as industrial production…
Asia Shares Subdued, Dollar On A High As Fed Looms
By Wayne Cole SYDNEY (Reuters) – Asian markets were in a pensive mood on Wednesday as shell-shocked investors waited to…
China’s Factories Perk Up, But Weak Consumption Points To Sluggish Economic Recovery
BEIJING (Reuters) – China’s economy stabilised somewhat in May after a sharp slump the previous month as industrial production rose…
Toyota, Slow To Move To EVs, Says It Offers Choices To Meet Customer Needs
TOYOTA, Japan (Reuters) – Toyota Motor Corp, under scrutiny from investors over its commitment to embrace battery electric vehicles (BEV),…