market-conditions
Top StoriesEngie Q1 Profit Drops on Warmer Winter, Steady Market
Top StoriesUK’s Rightmove Cuts 2024 Revenue per Advertiser Forecast on Tough Market Conditions
Top StoriesDaimler Truck Q1 Sales Drop 13% as Markets Normalize
Top StoriesChina Sets Higher Bar for Consumer Finance Companies
Australia’s Qbe Insurance Annual Profit More Than Doubles but Misses View
Date: February 16, 2024
Australia’s QBE Insurance annual profit more than doubles but misses view By Echha Jain (Reuters) -Australia’s QBE Insurance Group’s full-year profit more than doubled on Friday, helped by higher income from premiums, but missed analysts’ expectations, sending its shares on track for their worst session in three months. The group, which operates in 27 countries...
Kering to Put More Money Into Reviving Gucci Brand
Date: February 8, 2024
Kering to put more money into reviving Gucci brand By Mimosa Spencer PARIS (Reuters) -Kering will invest in reviving its star label Gucci this year, likely affecting 2024 margins, as it prepares for the first designs from new creative director Sabato de Sarno to hit stores. The label has lagged rivals for the past two...
Akzo Nobel Misses Profit Forecast, Says It Rolled Back Some Prices in Q4
Date: February 7, 2024
Akzo Nobel misses profit forecast, says it rolled back some prices in Q4 By Stephanie Hamel (Reuters) -Akzo Nobel reported a smaller-than-expected rise in fourth-quarter core profit on Wednesday, as the Dutch paints and coatings maker started rolling back price hikes in some of its markets. The maker of Dulux and Flexa paints has been...
EU to Extend Emergency Gas Price Cap for Another Year
Date: December 19, 2023
EU to extend emergency gas price cap for another year By Kate Abnett BRUSSELS (Reuters) – The European Union is set to extend its emergency cap on gas prices for another 12 months to serve as a safeguard against possible energy price shocks, after energy ministers backed the plan on Tuesday. The EU first agreed...
From Lululemon to Birkenstock, Duplicate Styles Lure Holiday Shoppers
Date: November 20, 2023
From Lululemon to Birkenstock, duplicate styles lure holiday shoppers By Katherine Masters NEW YORK (Reuters) – Lauren Maginness is a fan of Lululemon. But the 31-year-old product marketer in New York City is increasingly supplementing her activewear with less-pricey brand duplicates she picks up through e-commerce site Amazon.com. One of her favorites: CRZ Yoga’s $32...
Bmw Says ‘no Interest’ in Price War as Order Books Bulge
Date: November 3, 2023
BMW says ‘no interest’ in price war as order books bulge By Victoria Waldersee BERLIN (Reuters) -BMW forecast strong fourth quarter sales on Friday and said its order book was filled into the first few months of next year, with executives adding they saw no need to cut prices as some rival automakers have. Vehicle...