(Reuters) -Abercrombie & Fitch on Monday raised its forecast for fourth-quarter and annual net sales, after strong demand for its apparel brands during the key holiday shopping period. The company[...]
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January 8, 2024
France’s Leclerc still selling Pepsi after Carrefour drops Pepsico products
By Dominique Vidalon PARIS (Reuters) -The head of France’s biggest supermarket chain E. Leclerc said on Monday it was still selling Pepsi after rival Carrefour ditched PepsiCo products in the la[...]
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Marketmind: New year market funk sees 5-day blues
A look at the day ahead in U.S. and global markets from Mike Dolan With U.S. government shutdown angst resurfacing, this weekend’s Taiwan election in view, fourth-quarter earnings looming again[...]
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As pandemic ‘jobs hole’ closes, Fed finds labor market easing elusive
By Howard Schneider WASHINGTON (Reuters) – The U.S. economy ended last year with the labor scars from the COVID-19 pandemic effectively healed and a quandary for Federal Reserve policymakers so[...]
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Indonesia temporarily grounds three Boeing 737 MAX 9 planes – transport ministry
JAKARTA (Reuters) – Indonesia temporarily grounded three Boeing 737 MAX 9 planes on Jan. 6, operated by Lion Air, despite different configurations from the plane that had to make an emergency la[...]
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Microsoft, Qcells strike massive supply deal for US-made solar panels
By Nichola Groom (Reuters) – South Korea’s Qcells on Monday said it will supply Microsoft with 12 gigawatts of American-made solar panels through 2032 in what the companies called one of t[...]
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Alaska 737 cockpit voice recorder data erasure renews industry safety debate
By Valerie Insinna, David Shepardson and Lisa Barrington WASHINGTON (Reuters) -The cockpit voice recorder data on the Alaska Airlines Boeing 737 MAX 9 jet which lost a panel mid-flight on Friday was o[...]
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US Treasury, Energy officials to testify at Senate EV incentive hearing
By David Shepardson WASHINGTON (Reuters) -The No. 2 officials at the U.S. Treasury and Energy departments will testify next Thursday before the Senate Energy Committee on electric vehicle tax incentiv[...]
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Apple iPhone sales in China fall 30% in first week of 2024 – Jefferies
By Yelin Mo and Brenda Goh BEIJING (Reuters) – Apple’s iPhone sales in China dropped by 30% in the first week of 2024, Jefferies analysts said in a note, adding to signs of growing competi[...]
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