Economy

Italy’s Conad Exceeds Turnover Of €20bn In Full-Year 2023

Italian supermarket chain Conad has reported an 8.11% increase in turnover, to more than €20 billion, in its 2023 financial year.

Heineken To Close One Of Its Breweries In Vietnam Due To Weak Market

Heineken is suspending the operation of one of its breweries in Vietnam from this month due to weak demand and changing consumption patterns.

Britain's Tesco 'Well Positioned' As Market Share Grows

Tesco, Britain's biggest supermarket group, said it was 'well positioned' for the balance of the year, as it reported a 4.6% rise in underlying quarte...

'Eating Is A Luxury': Argentina Inflation Falls But Shoppers Still Feel Squeezed

Argentina's monthly inflation rate in May was likely the lowest since 2022 amid a tough austerity drive by libertarian President Javier Milei, bu...

German Retail Sales Rise More Than Expected In March, Boding Well For Economy

German retail sales rose more than expected in March, pointing to a recovery in consumption at the end of the month and boding well for the overall economy...

German Retail Sales Fall Unexpectedly In February

German retail sales unexpectedly fell in February, data showed, quashing hopes that private consumption could help Europe's largest economy to recover in t...

German Consumer Sentiment Stays On Slow Recovery Path, Finds GfK

German consumer sentiment is expected to stay on its path of slow recovery in April, helped by fewer households seeing the need to save even as uncertainty...

UK Consumers Turn Positive About Their Finances, GfK Survey Shows

British consumer sentiment held steady in March but households turned positive about the outlook for their personal finances for the first time in mor...