Latest in Retail Sales Pick
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Reeves expected to focus rise in capital gains tax on share sales
Chancellor likely to increase CGT in October 30 Budget as part of efforts to close £40bn funding gapBusiness - Financial Times - October 16 -
Flooded cars for sale in Arizona? How consumers can spot hurricane damage
As recent Hurricanes Milton and Helene continue to devastate the East Coast, Arizonans could also be affected - in a different way.Sports - Yahoo Sports - October 16 -
Nestle says its sales are suffering due to Israel boycotts
The Swiss conglomerate said its sales growth had slowed due to consumer hesitancy as it outlined a shakeup of its board of executives under new CEO Laurent FreixeBusiness - MarketWatch - October 17 -
Why GM’s Mary Barra Still Believes in EVs, Despite Slow Sales
Mary Barra, G.M.’s chief executive, said that the company had fixed battery-manufacturing problems and that its electric vehicles would soon be profitable.Business - The New York Times - October 17 -
Brunello Cucinelli Backs Growth Targets as Sales Defy Luxury Slowdown
The fashion concern said its performance improved in both its retail and wholesale channels, with increased revenue across all its markets, in particular in the Americas.Business - The Wall Street Journal - October 17 -
PPG to Cut 1,800 Jobs, Shrink Costs With Sale of Architectural-Coatings Biz
PPG agreed to sell its architectural-coatings business in the U.S. and Canada to private-equity firm American Industrial Partners for $550 million, and outlined cost and job cuts.Business - The Wall Street Journal - October 17 -
Nokia Tempers Earnings Expectations After Sales Fail to Recover
Nokia tempered earnings expectations for the year amid a delayed recovery in sales, but said an improving gross margin and quick action on costs was helping offset some of the weakness.Business - The Wall Street Journal - October 17 -
Absolut Vodka Maker Pernod Ricard Posts Lower Sales
The French distiller experienced a slow start to its fiscal year, citing sharp sales declines in the key markets of China and the U.S. as the spirits industry faces a slowdown in consumption.Business - The Wall Street Journal - October 17 -
Procter & Gamble earnings beat estimates, but weak demand in China hurts sales
Procter & Gamble said volume fell in its Greater China market despite the earnings beat.Business - CNBC - October 18 -
Labour’s promise of change requires a clearer message
Starmer’s government must learn from leaders who transformed Britain: Attlee, Blair and, yes, ThatcherWorld - Financial Times - October 18 -
A ‘full fat’ Budget is impossible — what are the trade-offs?
Traditional Labour measures on tax and borrowing will need to be balanced with thinner fare to keep to fiscal constraintsBusiness - Financial Times - October 18 -
Fanatical's Showcase Sale Is Stacked With Awesome PC Game Deals
Hundreds of great PC games are getting big discounts thanks to Fanatical's Showcase Sale . The event lasts through October 20 and includes recent games from big publishers like Capcom, Bethesda, ...Tech - GameSpot - October 18 -
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France takes stake in Sanofi unit as part of €16bn sale to CD&R
Deal for consumer health arm faced political furore over ceding controlling stake to US private equity groupBusiness - Financial Times - October 21 -
Nigeria rejects Shell’s planned sale of $1.3bn onshore production unit
The decision comes the same day as ExxonMobil wins approval for its long-delayed asset sale in Niger DeltaBusiness - Financial Times - October 21 -
Norfolk Southern tops Q3 expectations with boost from insurance, rail sales
Railroad Norfolk Southern’s streamlined operations delivered strong earnings last quarter, even excluding boosts from insurance payouts related to the disastrous derailment in East Palestine and ...Top stories - ABC News - October 22 -
GE Aerospace’s stock sinks as total sales beat, but commercial engines miss
GE Aerospace beats earnings expectations but its largest business, commercial engines, missed revenue expectations and the stock pulled back from a 17-year highBusiness - MarketWatch - October 22 -
Saab Sees Sales at Upper End of Guidance as Defense Spending Surges
The Swedish defense company said demand remained high across its business units, but it noted significant strength in its dynamics division, which produces equipment such as ground combat weapons ...Business - The Wall Street Journal - October 22 -
Dye & Durham to Consider Sale as Strategic Review Process Expands
Review comes after shareholders expressed concerns about the cloud-based software and technology company spending money on acquisitions instead of paying down debt..Tech - The Wall Street Journal - October 22 -
Starbucks shares slide after coffee chain says sales fell again, suspends outlook
The company's same-store sales slid for the third consecutive quarter, fueled by a 10% tumble in traffic to its North American stores.Business - CNBC - October 23 -
Starbucks scraps 2025 guidance after fall in sales and earnings
New chief Brian Niccol vows ‘to fundamentally change our strategy’ to return to growthBusiness - Financial Times - October 22
