MELBOURNE, April 4 - Woolworths Ltd's Chief Executive Michael Luscombe will retire from the supermarket chain, Australia's largest, at the end of September after five years at the helm, the retailer said on Monday. Luscombe...
HONG KONG, March 30 - Jewellery retailer Chow Tai Fook, controlled by billionaire Cheng Yu-tung, plans to raise $2 billion to $3 billion in a Hong Kong listing in the second half 2011, IFR reported...
* Higher margin retail insurance to be key focus * Retail move puts it in direct competition with AMP, big banks * No new group mandates in pipeline * Not too concerned by new capital...
SYDNEY, March 24 - The Australian unit of Asia's No.3 insurer AIA has entered the higher margin retail life insurance sector, seeing growth opportunities following a period of margin pressure in group insurance, its chief executive...
Dec 30 - Hong Kong's retail sales totalled a provisional HK$26.99 billion in November, up 17.9 percent in value from a year earlier and up 15.2 percent by volume, Census and Statistics Department figures showed...
HONG KONG, Dec 30 - November retail sales data (percent change from a year earlier): Nov Oct Sep Aug Jul Jun May Value: 17.9 21.8^ 17.2 17.1 19.2 15.3 19.7 Volume: 15.2 19.7^ 15.8 14.9...
* BA sees disruption to operations until Christmas * BAA's Heathrow still using just one of two runways * Frankfurt airport reopens * Retailers running out of time to make up lost ground LONDON, Dec...
* U.S. retail sales up more than expected in November * Best Buy cuts full-year outlook; shares slide * Stocks up: Dow 0.61 pct, S&P 0.4 pct, Nasdaq 0.35 pct * For up-to-the-minute market news...
* Retail sales rise 0.8 pct in November * Sales ex-autos jump 1.2 pct, largest gain since March * So-called core retail sales rise 0.9 pct * Producer prices PPI up 0.8 pct, core up...
WASHINGTON, Dec 14 - Sales at U.S. retailers rose more than expected in November as consumers splurged on clothing and other items at the start of...