Mulberry has blamed a slowdown in demand for luxury spending and a lack of VAT free shopping for a nine per cent decline in sales over the golden quarter. The designer, best known for its handbags, said UK retail sales ...
China’s economy is open for business to foreign investors, the country’s premier has said, as he extolled the virtues of a rich middle class ready to consume expensive western goods. Li Qiang, China’s premier and second in command to the ...
PARIS — French President Emmanuel Macron promised on Tuesday to overhaul parental leave so it pays better after France saw the lowest number of births since World War II last year, in a blow to its traditionally strong demographic profile. ...
TORONTO — Canada’s planned curbs on work by international students could spark shortages of temporary workers in food services and retail industries as employers are wrestling with a tight labor market and wage inflation in some pockets of the economy. ...
DAVOS, Switzerland — The chief executive officer (CEO) of Norway’s $1.5-trillion sovereign wealth fund, the world’s largest, told Reuters on Tuesday that return on its investments would likely be “slow” in 2024 due to high interest rates, persistent inflation and ...
BEIJING — China’s economy grew slightly slower than expected in the fourth quarter (Q4), with a deepening property crisis, mounting deflationary pressures and weak demand reinforcing expectations that Beijing will have to roll out more stimulus measures soon. Confounding most ...
Inflation in the UK unexpectedly rose for the first time in nearly a year to 4 per cent in December, dampening hopes that the Bank of England will lower interest rates in a matter of months, official figures released today ...
MANILA — The Philippines’ farm ministry said on Wednesday it has banned poultry imports from California and Ohio in the United States because of several outbreaks there of highly pathogenic avian influenza. The ban, which aims to protect the health ...
In this edition of StockCharts TV‘s The Final Bar, guest Adam Turnquist of LPL Financial lays out the case for a tactical selloff for stocks, as well as why long-term indicators remain constructive in early 2024. Dave breaks down the bearish momentum ...
BEIJING — China’s population fell for a second consecutive year in 2023, as a record low birth rate and a wave of COVID-19 deaths when strict lockdowns ended accelerated a downturn that will have profound long-term effects on the economy’s ...