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GERMAN WHOLESALE PRICES
Global bonds battered as flaring inflation spooks investorsGlobal bond markets are experiencing significant interest rate hikes, driven by escalating energy prices from the Iran conflict and persist...- Iran war revives European rooftop solar demand to cut energy billsEuropean households are rapidly installing rooftop solar systems. This surge follows a sharp rise in power prices caused by the Iran war. C...
- European shares struggle for direction ahead of ECB's inflation surveysEuropean shares were subdued as investors awaited inflation surveys for insights on the ECB's monetary policy, with Germany's DAX up 0.2% p...
- Reliance Retail opens Metro Cash & Carry stores to all; to also continue wholesale biz from outlets for B2B customersReliance is going to start expansion of the business which will continue to run under the Metro brand name for a couple of years under the ...
- Reliance gears up for fight against D-Mart and hypermarkets as its looks to close Metro deal this monthReliance is said to acquire Metro' India unit in a deal estimated at around 500 million euros (Rs 4,060 crore), which includes 31 wholesale...
- HUL, Nestle, P&G in talks with Metro to lower trade marginsWhile organised retail and wholesale still accounts for 10-15% of the country's overall FMCG sales, retailers like Reliance are increasingl...
- Reliance set to acquire METRO Cash & Carry India in Rs 4,060 crore dealThe deal includes 31 wholesale distribution centres, land banks and other assets owned by METRO Cash & Carry here, they said. This is going...
- Germany nationalises country's biggest gas importer UniperGermany's economy minister, Robert Habeck, said the deal was necessary because of the significance that Uniper plays in the German gas mark...
- Why Europe faces climbing energy billsPrices started to rise above historically normal levels last September and have soared further following supply disruption linked to Russia...
- European stocks extend gains for sixth straight dayThe pan-European STOXX 600 inched up 0.1% by 0823 GMT after better-than-expected U.S. retail data lifted Wall Street equities on Tuesday.
- Flipkart demotes Walmart India executives in merged entity“Flipkart said all Walmart's vice presidents will be made directors, and all employees have been told that the role redesignation letter wi...
- To fight Amazon and Reliance JioMart, Flipkart wholesale will pick up Walmart’s best priceWalmart has long been scouting for a viable and competitive business model for the Best Price brand, which consists of 28 stores and ecomme...
- European shares slide on fears of second coronavirus waveThe pan-European STOXX 600 fell 2.4%, slipping further from its 5.7% fall last week, with the exporter-heavy German index leading declines.
- Germany switches on power slowly after lockdown: researchGermany, Europe's leading power market with 511 terawatt hours (TWh) of annual consumption lost up to 7.5 per cent of power usage on workda...
- Wal-Mart’s India sales dip 32 per cent in 2014The Indian unit of Wal-Mart Stores Inc, the world’s largest retailer, posted its first ever sales decline after parting ways with key clien...
- Metro to invest euro 100 mn in India, eyes 50 stores soonGerman wholesale giant Metro Group plans to invest over 100 million euros (about Rs 650 crore) in India as part of strategy to spread footp...
- Bharti Wal-Mart eyes West BengalBharti Wal-Mart is exploring all options to enter West Bengal shortly. The company believes there is huge business potential for a cash-and...
- Germany's Metro Cash & Carry to focus on private labels for hospitality industry in IndiaGerman wholesaler Metro Cash & Carry India, which is targeting hotels, restaurants and catering companies (HoReCa) as prime customers, has ...
- Metro to set up cash-and-carry shop in MumbaiSpread over 1 lakh sq ft, Metro will use the same cash-and-carry model it debuted with in Bangalore back in 2003. Retail therapy for shopah...
- Biyani plans cash-n-carry battle nowAt present, the Indian cash-and-carry business is dominated by two global players, the German chain Metro and South Africa’s Shoprite.
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