Louise Heavens

3 weeks ago | insideretail.asia | Louise Heavens |Andrew Heavens |Anil Prabha |Tong Van

Hong Kong’s retail sales by value fell by 13 per cent in February from a year earlier, the 12th consecutive month of declines, government data showed on Monday. Sales declined to HK$29.4 billion (US$3.78 billion), with the percentage change widening from a revised 3.1 per cent fall in January, reflecting the earlier arrival of the Lunar New Year this year. In volume terms, February retail sales fell 15 per cent from a year earlier, compared with a revised 5.1 per cent decline in January.

3 weeks ago | gurutrade.com | Louise Heavens |Andrew Heavens

February tourist arrivals down 8.3% y/y vs Jan's 24% rise February jewellery sales down 13.5% vs Jan's 18% drop Changing consumption patterns a challenge, government says March 31 (Reuters) - Hong Kong's retail sales by value fell by 13% in February from a year earlier, the 12th consecutive month of declines, government data showed on Monday.

3 weeks ago | gurutrade.com | Louise Heavens

MOSCOW, March 31 (Reuters) - Oil producer Saudi Aramco keeps its April official selling prices (OSPs) for liquefied petroleum gas (LPG) unchanged from March, while Algeria's Sonatrach cut its OSPs by 2-7% due to weaker demand in the Mediterranean, traders said on Monday. Aramco's April OSP for propane was stable at $615 per metric ton , while butane was $605 per ton , traders said. Propane and butane are types of LPG with different boiling points.

4 weeks ago | gurutrade.com | Jesús Aguado |Louise Heavens

MADRID, March 27 (Reuters) - Spanish lenders Santander and BBVA are negotiating with the European Central Bank (ECB) to get a more favourable capital treatment for their holdings in insurance businesses, Spanish newspaper Cinco Dias reported on Thursday. Until now, most Spanish banks have counted the insurance business as direct deductions from their capital.

1 month ago | today.westlaw.com | Louise Heavens

BRUSSELS (Reuters) - Apple is set to stave off a possible fine and an EU order over its browser options on iPhones after it made changes to comply with landmark EU rules aimed at reining in Big Tech, people with direct knowledge of the matter said on...