Business

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

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

By Helen Reid (Reuters) -Shein’s British business made 1.55 billion pounds ($2 billion) in revenue in 2023, a filing by the on..

Italgas sees double-digit income growth to 2030, ups minimum dividend rise

Italgas sees double-digit income growth to 2030, ups minimum dividend rise

  By Francesca Landini and Cristina Carlevaro MILAN (Reuters) -Italy’s biggest gas distributor Italgas expects double-digit..

Japan leads Asia stock rally, dollar firms after blowout US payrolls

Japan leads Asia stock rally, dollar firms after blowout US payrolls

  By Kevin Buckland TOKYO (Reuters) – Asian stocks rallied and the dollar reached a fresh seven-week peak on the yen on Mon..

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

By Julie Zhu, Amy-Jo Crowley and Hadeel Al Sayegh HONG KONG/LONDON (Reuters) – Shein is set to hold informal investor meetings i..

Levi Strauss shares fall on weak holiday-quarter forecast

Levi Strauss shares fall on weak holiday-quarter forecast

(Reuters) – Levi Strauss’ shares fell about 7% on Thursday after a tepid forecast for holiday-quarter revenue underscored ..

Britain’s Tesco lifts profit outlook after strong first half

Britain’s Tesco lifts profit outlook after strong first half

By James Davey LONDON (Reuters) -Tesco, Britain’s biggest supermarket group, lifted its annual profit forecast on Thursday after..

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

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

  By James Davey LONDON (Reuters) -Tesco, Britain’s biggest supermarket group, lifted its annual profit forecast on Thursda..

Morning Bid: PMIs to pave the way for rate cuts

Morning Bid: PMIs to pave the way for rate cuts

  A look at the day ahead in European and global markets from Stella Qiu Services PMIs due across Europe on Thursday are likely t..

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

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

By Stefano Rebaudo (Reuters) – Euro area government bond yields rose on Wednesday, a day after long-dated yields posted their ..

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

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

By James Davey COBHAM, England (Reuters) – Britons bruised by a cost of living crisis will not start spending strongly again unt..