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Manufacturing & Retail

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The United Kingdom retail sales have shown a rebound for the fourth month straight, but economists are a little skeptical of the momentum being …

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Luxury goods behemoth LVMH is reneging on its deal to buy iconic jewelry company Tiffany citing tariff dispute between the two countries and a date imbroglio.

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Proctor and Gamble is pushing its hygiene and cleaning products at frequented places like restaurants, grocery stores, and pharmacies to cash in on virus fears.

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Nippon Steel is facing competition from the Chinese steel makers in its auto parts market share and is looking to regain it by looking for acquisitions abroad.

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Danish industry leader Maersk will cut jobs as a part of comprehensive restructuring process that will affect a third of the company’s staff.

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Recently ‘L Brands’, the company which owns Bath & Body Works and Victoria Secret, beat Wall Street expectations, primarily due to the continued demand …

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Apple’s plan to shift one fifth of its production of handsets from China to India, will have a huge impact on India’s exports and job creation.

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The US Securities and Exchange Commission (SEC) is looking into Eastman Kodak Co.’s handling of information regarding a massive federal drug loan of $765 …

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Ritter, which supposedly started making chocolate in square form so it’d fit into jacket pockets easier, registered the shape with the German patent office, and now Milka brand owners Mondelēz have lost a case for dibs on the square shape.

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Expensive perfumes are a treasure to keep, with their extravagant scents picked from the rarest of rare fragrance enhancing elements!

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Walmart has increased its stake in Flipkart with an additional equity-based investment round, reflecting the increasing shift that all major tech companies are making towards India

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The lipstick index, coined by Estée Lauder chairman Leonard Lauder, is a good indicator of the state of an economy. If the sales were up, it meant people indulged in small luxuries, and the economy was in the doldrums. But in corona times, the lipstick index is down, and the economy is still in the dumps.

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The Paycheck Protection Program (PPP), a stimulus program that the U.S. government announced earlier to help small businesses tide over loss in income due …

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The Covid-19 pandemic has had an impact on the way we live in myriad ways. The lockdown, shelter in place and a cut down …

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Russian conglomerate Sistema, the majority owner of online retailer Ozon, said that Amazon and Japanese Softbank had shown interest in buying a stake in …

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Nike, the leading footwear and athletic wear brand, reported a pandemic related sales drop of $790 million in its fourth-quarter fiscal report. In an …

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Albertsons Companies, the nation’s’ fourth-largest supermarket chain, has filed for an initial public offering with plans to raise up to $1.32 billion. The company …

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Colgate-Palmolive Co. has announced a review of its toothpaste brand Darlie, which once featured an image of a wide-eyed, white man with blackface make-up. …

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The 17.7% jump in retail sales in the US saw the bourses celebrating the return of consumer confidence. Still, experts believe that the consumers …

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Businesses and retailers, who welcomed the resumption of economic activities, are facing another crisis—protests and demonstrations against the death of an African American due …

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The ongoing Coronavirus pandemic has threatened the livelihood of many small and medium enterprises. The prolonged shutdown of non-essential businesses all over the world …

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