Business
Business
Stellantis’ CEO Declines to Rule Out Job Cuts in Challenging Market
Business
Geopolitics Dents Big UK Businesses’ Optimism, Deloitte Says
Business
UK Economy Returns to Growth in August After Two Months of Stagnation
Business
Tesla to Give Permanent Jobs to 500 Temporary Staff at German Gigafactory
Spain’s Top Fashion Retailers to Launch Trial to Collect Clothes Waste in 2025
Date: October 11, 2024
By Corina Pons MADRID (Reuters) – Spain’s largest fashion companies will start collecting discarded clothes from April next year as part of a voluntary pilot scheme to manage textile waste that anticipates EU regulations expected to come into force in 2026. Zara owner Inditex, H&M, Decathlon, Ikea and Primark are among 10 brands that...
Ikea Sales Fall 5% After Price Cuts Amid Weak Housing Market
Date: October 11, 2024
By Helen Reid LONDON (Reuters) – IKEA annual sales fell 5% after the Swedish budget homeware retailer cut prices in a bid to attract more shoppers and maintain its share of a shrinking home furniture market, but it expects a recovery next year. Ingka Group, which owns most IKEA stores globally, reported 39.6 billion...
Britain Outlines Details of Closely Watched Workers’ Rights Plan
Date: October 10, 2024
LONDON (Reuters) -Britain’s Labour government set out its plans on Thursday for the biggest change to employment law in a generation, including plans to end fire-and-rehire practices and increase sick pay. The Employment Rights Bill was generally welcomed by trade unions, who traditionally fund the Labour Party, as well as business lobby groups and the...
Online Shopping Returns to Growth in Europe Amid Fierce Competition
Date: October 9, 2024
By Helen Reid LONDON (Reuters) – Recovering consumer confidence has boosted online shopping in Europe this year, industry group Ecommerce Europe said on Wednesday, while low-cost marketplaces like PDD Holdings’ Temu have heightened competition. Inflation has hurt shoppers’ spending power around the world and helped fuel rapid growth in online platforms selling cheap products. In...
Innovations in Sports Marketing Approaches
Date: October 9, 2024
Sports marketing has undergone a significant transformation in recent years, fueled by technological advancements, changing consumer behaviors, and the rise of digital platforms. Traditionally, sports marketing relied heavily on television broadcasts, radio ads, and large-scale sponsorship deals. However, as fans increasingly engage with sports content across digital and social platforms, marketing strategies have evolved to...
Tax Worries Knock UK Business Confidence, Survey Shows
Date: October 9, 2024
By Suban Abdulla LONDON (Reuters) – British business confidence fell in the third quarter as tax worries hit investment, according to a survey of accountants that chimes with similar concerns from other business groups before the new Labour government’s first budget. The Institute of Chartered Accountants in England and Wales said on Wednesday that...