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HOLIDAY SALES FORECAST
China learns to live on less fuel, to the relief of oil marketsChina's fuel demand has unexpectedly dropped significantly, with gasoline and diesel sales falling as consumers shift to electric vehicles ...- Hotel giants bet India’s local travel boom can defy slowdownMajor hotel groups are investing heavily in India. They expect a surge in domestic travel to drive growth. This expansion continues despite...
- Airline chiefs grapple with fuel shock, fare test at Rio summitGlobal airline leaders gather in Rio de Janeiro facing a tough recovery test. The Iran war is increasing fuel costs and disrupting flight p...
- Wall Street Week Ahead: Soaring stocks could face rocky patch as earnings wind down, yields perk upUS stocks face potential headwinds as a strong earnings season concludes. Investors are shifting focus to rising inflation and bond yields,...
- Demand for cruises appears undimmed despite hantavirus and other onboard outbreaksDespite recent hantavirus and norovirus outbreaks on cruise ships, industry experts anticipate a record number of passengers this year. Man...
- Global Markets | Japan's Nikkei pulls back from record high as SoftBank Group fallsTechnology investor SoftBank Group fell 4.56% to drag the Nikkei lower the most after the U.S.-listed shares of Arm Holdings tumbled overn...
- Global Markets | South Korean shares jump 5% to record high as chipmakers rallySouth Korean shares surged over 5% to a record close on Monday, driven by a rally in chipmakers fueled by AI optimism and strong U.S. tech ...
- UK's FTSE 100 slips as losses in energy stocks and AstraZeneca weighLondon’s FTSE 100 edged lower as losses in energy majors and AstraZeneca weighed on the index amid thin holiday trading. Weak crude prices ...
- GameStop and eBay share price surge after report of potential takeover offer. Here's possible deal impactGameStop and eBay share price moved after a report said GameStop is preparing a takeover offer for eBay. The report linked the plan to CEO ...
- Global Market: Asia shares find relief in tech resilience, oil off peakAsian markets rebounded as tech stocks rallied on strong earnings, while Japan intervened to support the yen after its slide. Oil prices ea...
- Oil shock will hit Asia harder than the 1970sAsia is experiencing energy shocks similar to the 1970s oil crises, with rising fossil fuel costs impacting consumers and industries. This ...
- Qantas, Virgin Australia drop domestic fares to as low as $99 and $55 in response to soaring fuel costs and weakening travel sentimentAustralia's major airlines, Qantas and Virgin Australia, have launched significant domestic fare sales, offering millions of discounted sea...
- War revives stagflation dangers for global economyGlobal economic outlook faces uncertainty as seven weeks of Middle East conflict impact growth and inflation. Business surveys from Austral...
- US Stocks: American Eagle shares rally again after launching second Sydney Sweeney campaignAmerican Eagle Outfitters shares jumped on Wednesday after the denim retailer unveiled a second campaign with "Euphoria" star Sydney Sweene...
- US Stocks Today | US stocks settle higher on speculation about end to Iran warWall Street climbed Wednesday, led by Alphabet, Meta, and Amazon, after President Trump suggested the Middle East conflict may be ending. T...
- Black Friday arrives with solid momentum despite tariffs, economic uncertaintyBlack Friday kicks off the holiday shopping season amid economic uncertainty and tariffs. Retailers are absorbing costs and pulling back on...
- US holiday online sales growth to slow on economic uncertainty: Adobe AnalyticsAdobe expects US online sales to rise 5.3% to $253.4 billion between November 1 and December 31, this year, compared with an 8.7% rise last...
- US retail sales gain more than forecastSales at US retailers rose more than forecast in November as holiday shopping got under way, a sign consumers will play a bigger role in th...
- US Holiday sales drop for 2nd weekSales fell 2.7% in the seven days through December 8, following a 4.4% decline a week earlier, a research firm said.
- Holiday sales miss forecasts, with discounts in demandUS retailers, offering holiday discounts of 50% or more this week, may see profits erode even as customers flock to stores.
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