UK’s in talks with potential suitors about a sale

Oct 4 (Reuters) – British online furniture retailer (MADE.L) said on Tuesday it has started talks with a number of interested parties for a potential sale of the company, with bids expected by the middle of the month. The retailer, currently valued at about 13.2 million pounds ($15 million), started laying off staff last … Read more

Drug companies, hospitals face financial stress as gov’t debts…

AMMAN — Specialists in the pharmaceutical industry called for supporting and empowering the local pharmaceutical sector, which is a key driver of the national economy, according to Al-Ghad News. Add announcement The pharmaceutical industry can be boosted by measures that simplify and facilitate the official process of registering new medicines, they said, also highlighting the … Read more

UNMC to build new innovation hub on Saddle Creek campus

OMAHA, Neb. (WOWT) – Organizers say a new project near Farnam Street and Saddle Creek Road will promote the growth of medical research. According to the University of Nebraska Medical Center, a new innovation hub was approved Friday by the University of Nebraska Board of Regents. The new innovation hub will be on UNMC’s new … Read more

Bed, Bath & Beyond investors watching merchandise mix during sales slump

NEW YORK, NY, Sept 28 (Reuters) – Bed Bath & Beyond (BBBY.O) investors will be closely watching the home goods retailer’s second quarter earnings on Thursday for clues as to how customers are responding to its merchandise overhaul. The holiday season will be Bed Bath & Beyond’s “make-or-break moment” to show shoppers that its new … Read more

Has the pharma sector become attractive after the recent market correction?

The pharma sector looks set for a good show over the next five years after underperforming over the last one year, say experts. Over a one-year period, pharma funds have delivered a negative return of 11% to their investors. On a long term though, this thematic category has been among the top performers. Sailesh Raj … Read more

Canada retail sales fell in July amid rate increases

Register now for FREE unlimited access to Register OTTAWA, Sept 23 (Reuters) – Canadian retail sales fell more than expected in July, although they likely rebounded slightly in August, Statistics Canada data showed on Friday, indicating interest rate increases by the Bank of Canada are slowing consumer spending. Retail sales fell 2.5% in July, … Read more

France sets a minimum delivery fee for online book sales to help independent stores compete

Books are displayed on a table at “La Librairie du Canal” bookstore in Paris as French lawmakers voted a draft bill aiming at stopping Amazon from offering free delivery for books and at protecting traditional bookshops from competition, France, October 21, 2021. REUTERS/ Sarah Meyssonnier Register now for FREE unlimited access to Register PARIS, … Read more

Britain’s Kingfisher first-half profit falls 30%, big-ticket sales ‘resilient’

General view of a B&Q DIY store, as the spread of the coronavirus disease (COVID-19) continues, in Chiswick, London, Britain, April 23, 2020. REUTERS/John Sibley/File Photo Register now for FREE unlimited access to Register LONDON, Sept 20 (Reuters) – British home improvement retailer Kingfisher (KGF.L) reported a 29.5% fall in first-half underlying profit but … Read more

Hiring, expansions: Indian businesses gear up for festive sales free of COVID curbs

Register now for FREE unlimited access to Register NEW DELHI, Sept 19 (Reuters) – Indian companies are hiring thousands of temporary workers, expanding to smaller cities and launching new products as the country prepares to celebrate its peak festive season without COVID restrictions for the first time in three years. Many people in the … Read more

US retail sales increase in August; weekly jobless claims fall

Register now for FREE unlimited access to Register WASHINGTON, Sept 15 (Reuters) – US retail sales unexpectedly rose in August as lower gasoline prices supported spending, but demand is cooling as the Federal Reserve aggressively raises interest rates. Retail sales increased 0.3% last month, the Commerce Department said on Thursday. Data for July was … Read more