Industries

Oil up as market weighs supply cuts against gloomy economic outlook

Oil up as market weighs supply cuts against gloomy economic outlook

LONDON (Reuters) -Oil prices ticked higher on Tuesday as markets weighed supply cuts for August by top exporters Saudi Arabia and Russ..

German retailers face 4% slump in sales in real terms in 2023 – HDE

German retailers face 4% slump in sales in real terms in 2023 – HDE

BERLIN (Reuters) – German retailers expect to bring in 4% less sales income this year than last in real terms as inflation remai..

UniCredit appoints new head of digital to replace Jingle after two years

UniCredit appoints new head of digital to replace Jingle after two years

MILAN (Reuters) – UniCredit has named Ali Khan, a cloud specialist who joins from consultancy PwC, as its new head of digital an..

Chinese smartphones sales exceed 70% of Russian market

Chinese smartphones sales exceed 70% of Russian market

(Reuters) – Chinese smartphones dominated the Russian market in the first half of 2023, exceeding 70% of all sales, leading con..

Sainsbury’s says UK food inflation falling as sales rise

Sainsbury’s says UK food inflation falling as sales rise

LONDON (Reuters) -Sainsbury’s, Britain’s second largest supermarket group, said on Tuesday food inflation was starting to ..

Twitter says users must be verified to access TweetDeck

Twitter says users must be verified to access TweetDeck

(Reuters) -Twitter users will soon need to be verified in order to use TweetDeck, the social media company said in a tweet on Monday. ..

Arrival, Nikola signal more pain for EV startups

Arrival, Nikola signal more pain for EV startups

(Reuters) -Arrival SA will terminate plans to merge with a blank-check firm and Nikola Corp will offload its newly acquired battery un..

Amazon rolls out first European Rivian vans in Germany

Amazon rolls out first European Rivian vans in Germany

(Reuters) – E-commerce giant Amazon will deploy its first European vans from U.S. electric vehicle (EV) maker Rivian in Germany ..

Japan’s top lenders in fresh drive to win US investment banking deals

Japan’s top lenders in fresh drive to win US investment banking deals

TOKYO (Reuters) -Japan’s top lenders aim to carve out a larger presence in U.S investment banking as they look to make better us..

Cinepolis exec seen as CEO candidate for Cineworld – Sky News

Cinepolis exec seen as CEO candidate for Cineworld – Sky News

(Reuters) – Cineworld Group is looking at Eduardo Acuna, who runs the Americas operations of Mexico’s Cinepolis, as a pote..