Monday, 7 Oct 2024

Business

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Retail stocks set to bypass tariff woes but face aftershock risk

NEW YORK (Reuters) – Shares of U.S. retail and consumer goods companies appear set to emerge largely unscathed from the trade dispute between the United States and China. But the conflict could leave behind negative effects on the supply chains of some companies in the industry, which could narrow their profit margins and eventually weigh […]

Drive on: truck drivers and construction workers see the biggest pay rises

As the labour market tightens, truck drivers and construction workers appear to be benefitting most in terms of pay increases. For truck drivers, advertised average salaries increased by almost a fifth between 2017 and 2018, to €32,000, according to global jobs site Indeed. Meanwhile, as the construction sector booms, managers in the sector experienced advertised […]

You can now get Cadbury caramel chocolate bar spread in the UK

Sweet-toothed chocolate fans, look away now, as Cadbury have just announced a brand new type of chocolate spread – and it looks incredible. Turning their famous gooey caramel bar into a chocolate spread, the new addition to supermarket shelves has been spotted just in time for Pancake Day. Both Asda and Morrisons are stocking the […]

Revitalization Projects Reawaken Downtown Los Angeles

Los Angeles’s downtown was little more than a sleepy office district not too long ago, where tens of thousands of suburbanites would clear out by the end of the workday and scores of classic Beaux-Arts and Art Deco buildings sat vacant or underutilized. “It didn’t even have a grocery store until Ralphs opened about 10 […]

Target jumps on 2019 forecast, strong holiday quarter

(Reuters) – Target Corp forecast full-year adjusted profit above Wall Street estimates on Tuesday and posted better-than-expected holiday quarter results, driven by strong digital sales and higher customer footfall at its stores. The Minneapolis-based company’s shares rose more than 5 percent in early trading. Target has been investing heavily in its digital business to compete […]

Dueling superminis distract from auto industry troubles

GENEVA (Reuters) – Two of Europe’s best-selling cars, the Renault Clio and Peugeot 208, go head-to-head at the Geneva motor show on Tuesday, as the auto market they dominate faces transformative pressures on its future profits and jobs. As industry executives gather to discuss trade-tariff threats, new emissions rules and fines, or waning ambitions for […]

All about that bass: carmakers seek electric car sounds for post-petrol era

GENEVA (Reuters) – Carmakers are dreaming up futuristic electric car engine sounds to ensure that pedestrians can hear vehicles that lack audible cues like high-revving, howling combustion engines, senior executives at the Geneva car show said. As BMW, Mercedes-Benz, Audi, Mini and VW prepare to launch battery-driven vehicles, carmakers are searching for a new way […]

Codelco’s lithium push fades in favor of copper

SANTIAGO (Reuters) – With the global race to secure lithium heating up in 2016, Chile’s president Michelle Bachelet wanted to be sure her country seized the moment. Home to half the world’s lithium reserves, Chile tapping its state-run miner Codelco to ramp up production seemed a sure bet. Chile’s most trusted public enterprise, she said, […]