Shoppers cast shadows as they carry their bags along the waterfront in Portland, Maine, U.S, December 26, 2024. Kevin Lamarque | ReutersIt's not just Walmart.The leaders of companies that serve everyone from penny-pinching grocery shoppers to first-class travelers are seeing cracks in demand, a shift after resilient consumers propped up the U.S. economy for years despite prolonged inflation. On top of high interest rates and persistent inflation, CEOs are now grappling with how to handle new hurdles like on-again, off-again tariffs, mass government layoffs and worsening consumer sentiment.Across earnings calls...
12 December 2024, 8:56 pm 1 minute
Britain’s financial regulator is taking longer than usual to approve fast-fashion retailer Shein’s IPO because it is checking...
Makoto Uchida, president and CEO of Nissan Motor, and Toshihiro Mibe, Honda Motor president and CEO, attend their joint press conference in Tokyo, Japan...
Last Updated:December 14, 2024, 14:32 ISTThe suspension of most favoured nation (MFN) status for India by Switzerland introduces tax challenges for Indian firms operating...