Business

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Online retailer Shein’s 2023 sales hit $2 billion in UK

Online retailer Shein’s 2023 sales hit $2 billion in UK

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Exclusive-Samsung Electronics says it is not interested in spinning off foundry business

Exclusive-Samsung Electronics says it is not interested in spinning off foundry business

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Adani Group in talks to buy Heidelberg’s Indian cement operations, paper says

Adani Group in talks to buy Heidelberg’s Indian cement operations, paper says

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Factbox-2024 Nobel prizes announced this week

Factbox-2024 Nobel prizes announced this week

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Exclusive-Online retailer Shein to hold roadshows soon ahead of London IPO, sources say

Exclusive-Online retailer Shein to hold roadshows soon ahead of London IPO, sources say

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Levi Strauss shares fall on weak holiday-quarter forecast

Levi Strauss shares fall on weak holiday-quarter forecast

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Britain’s Tesco lifts profit outlook after strong first half

Britain’s Tesco lifts profit outlook after strong first half

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Britain’s Tesco lifts annual profit forecast after strong first half

Britain’s Tesco lifts annual profit forecast after strong first half

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Euro area long-dated yields rise after sharp drop, geopolitics in focus

Euro area long-dated yields rise after sharp drop, geopolitics in focus

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Sainsbury’s boss looks to UK budget to lift spending gloom

Sainsbury’s boss looks to UK budget to lift spending gloom

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Italy and BlackRock discuss potential data centres investment

Italy and BlackRock discuss potential data centres investment

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French retailer Casino to present new strategy with heavy job cuts expected

French retailer Casino to present new strategy with heavy job cuts expected

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Germany reports outbreak of H5N1 bird flu on a farm

Germany reports outbreak of H5N1 bird flu on a farm

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SoftBank to invest $500 million in OpenAI, The Information reports

SoftBank to invest $500 million in OpenAI, The Information reports

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Discounter Pepco’s sales hurt by supply chain disruption

Discounter Pepco’s sales hurt by supply chain disruption

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Nike veteran Hill to replace Donahoe as CEO; shares jump

Nike veteran Hill to replace Donahoe as CEO; shares jump

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Nike’s next CEO Hill brings a bootstraps mentality

Nike’s next CEO Hill brings a bootstraps mentality

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ING bank tightens restrictions on oil and gas lending

ING bank tightens restrictions on oil and gas lending

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UK supermarket sales growth slows after summer holidays

UK supermarket sales growth slows after summer holidays

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French millers face long grind as rain-hit wheat harvest comes in

French millers face long grind as rain-hit wheat harvest comes in

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UK’s Asda says retail veteran Stuart Rose to lead business

UK’s Asda says retail veteran Stuart Rose to lead business

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Daimler Truck eyes half of Europe sales from EVs in 2030

Daimler Truck eyes half of Europe sales from EVs in 2030

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BP to sell its US onshore wind business

BP to sell its US onshore wind business

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Central Europe factories and retailers shut in flood-hit areas

Central Europe factories and retailers shut in flood-hit areas

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UK’s Domino’s Pizza plans to hire 5,000 staff ahead of peak holiday season

UK’s Domino’s Pizza plans to hire 5,000 staff ahead of peak holiday season

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Saipem wins $4 billion contract from QatarEnergy

Saipem wins $4 billion contract from QatarEnergy

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US locks in steep China tariff hikes, many to start Sept. 27

US locks in steep China tariff hikes, many to start Sept. 27

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UK’s National Grid to sell electricity system operator in $827 million deal

UK’s National Grid to sell electricity system operator in $827 million deal

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Zara to offer its secondhand clothes service in US by October

Zara to offer its secondhand clothes service in US by October

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Scotland’s only oil refinery to close next year, 400 jobs to go

Scotland’s only oil refinery to close next year, 400 jobs to go

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Zara owner Inditex sees early autumn sales perk up after summer slowdown

Zara owner Inditex sees early autumn sales perk up after summer slowdown

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Services’ grip on UK economy tightens as manufacturing share ebbs further

Services’ grip on UK economy tightens as manufacturing share ebbs further

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Etihad Airways plans IPO no earlier than 2025, sources say

Etihad Airways plans IPO no earlier than 2025, sources say

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Key events at Nike under CEO John Donahoe

Key events at Nike under CEO John Donahoe

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Retail, consumer CEOs see shorter tenures as boards act more quickly

Retail, consumer CEOs see shorter tenures as boards act more quickly

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UK pay growth cools, keeping BoE on track for another rate cut

UK pay growth cools, keeping BoE on track for another rate cut

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Aldi UK says shoppers trading up as inflation eases

Aldi UK says shoppers trading up as inflation eases

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