Vitol Buys BP’s Turkish Gas Stations, Upping Downstream Bet
Vitol’s Petrol Ofisi agreed to buy BP Plc’s gas station operations in Turkey, as the world’s biggest independent
2023-11-16 19:29
‘Everything’s Locked Up’: Shoppers Turn to Amazon as Big-Box Retailers Combat Theft
Like many shoppers, New Yorker Sarah Henry is accustomed to retailers locking up products to thwart thieves. But
2023-11-16 18:53
UK Households Face 5% Rise in Energy Bills as Winter Sets In
British households are facing a 5% increase on their energy bills from January, when the regulator is set
2023-11-16 17:54
Temasek-Backed Carsome Cutting Hundreds of Jobs to Reach Profit
Carsome Group, which operates a Southeast Asian used-car online marketplace, is cutting hundreds of jobs to reduce costs
2023-11-16 17:50
Thailand to Tighten Cannabis Rules After 6,000 Shops Open
Thailand’s new government is seeking to tighten control over the country’s nascent cannabis industry, taking steps to curb
2023-11-16 16:58
Burberry Warns Luxury Slump Puts Revenue Target Under Threat
Burberry Group Plc warned this year’s revenue target may be out of reach after the UK trench-coat maker’s
2023-11-16 15:55
Israeli Inflation Slowdown Intact as War Rattles Consumption
Israel’s inflation slowed for a second straight month, defying some earlier predictions of a price surge because of
2023-11-16 14:24
US Makes Biggest Seizure of Knock-Off Luxury Items at $1 Billion
Federal prosecutors said they made the biggest-ever US seizure of fake designer handbags, shoes and other items —
2023-11-16 08:17
US retail sales fall slightly in October
WASHINGTON U.S. retail sales fell in October, though by less than expected, after months of strong gains, pointing
2023-11-15 21:47
Target Profit Blows Past Forecasts Amid Leaner Inventories
Target Corp. shares soared after it reported third-quarter earnings that outpaced forecasts, reflecting fewer markdowns and better inventory
2023-11-15 20:20
Rich Chinese Shoppers’ Appetite Slows as Confidence Falters
Global luxury retailers counting on wealthy Chinese shoppers to raise their sales might be dismayed by recent reports
2023-11-15 12:21
Toy Orders, Parka Sales Illustrate Why Canada’s Economy Is Stalling
Canadian companies are painting a stark picture of a consumer who’s pulling back on spending, as rising debt
2023-11-14 01:59