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Grocery chain makes final major business closure

Grocery chain makes final major business closure

A grocery chain is preparing to shut down a major part of its operations, marking the end of a decadeslong business function as retailers continue searching for ways to lower costs and improve efficiency. The move reflects a broader shift across the grocery industry, where regional chains are ...
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SuanNutra to Acquire IFF's Specialty Ingredients Portfolio, Expanding Global Reach

SuanNutra to Acquire IFF's Specialty Ingredients Portfolio, Expanding Global Reach

SuanNutra to Acquire IFF's Specialty Ingredients Portfolio, Expanding Global Reach
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Honda Considers New North American Plant Amid Canadian Tariff Threats

Honda Considers New North American Plant Amid Canadian Tariff Threats

Honda Considers New North American Plant Amid Canadian Tariff Threats
Reuters Reuters
Euro zone firms struggle to raise consumer prices after Iran shock, ECB poll shows

Euro zone firms struggle to raise consumer prices after Iran shock, ECB poll shows

FRANKFURT, July 24 (Reuters) - Euro zone companies are struggling to raise prices for consumers already struggling with a rise in fuel costs, with fierce competition from China compounding tough market conditions, a European Central Bank survey showed on Friday.
Reuters Reuters
Porsche supervisory board backs tougher restructuring

Porsche supervisory board backs tougher restructuring

By Rachel More BERLIN, July 22 (Reuters) - Porsche's supervisory board gave its blessing to the next round of restructuring measures on Wednesday, a company spokesperson said, with media reporting plans to double job cuts at the embattled German carmaker to 9,000.
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Industrial Real Estate Market Stabilizes as Demand Outpaces Supply, Reports Colliers

Industrial Real Estate Market Stabilizes as Demand Outpaces Supply, Reports Colliers

Industrial Real Estate Market Stabilizes as Demand Outpaces Supply, Reports Colliers
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Manufacturing Sector Faces IT Talent Shortage, Creating New Opportunities

Manufacturing Sector Faces IT Talent Shortage, Creating New Opportunities

Manufacturing Sector Faces IT Talent Shortage, Creating New Opportunities
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Self-Driving Trucks Poised to Transform U.S. Freight Economy with Cost Reductions

Self-Driving Trucks Poised to Transform U.S. Freight Economy with Cost Reductions

Self-Driving Trucks Poised to Transform U.S. Freight Economy with Cost Reductions
Reuters Reuters
French private sector contraction eased in July, flash PMIs show

French private sector contraction eased in July, flash PMIs show

PARIS, July 24 (Reuters) - France's private sector contraction eased in July, with services output slowing only marginally, although inflation, borrowing costs and geopolitics all remained concerns as tensions in the Middle East flare up again, a business survey showed on Friday.
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CBRE Group Reports Continued Growth in Singapore's Industrial Rents Amidst Limited Supply

CBRE Group Reports Continued Growth in Singapore's Industrial Rents Amidst Limited Supply

CBRE Group Reports Continued Growth in Singapore's Industrial Rents Amidst Limited Supply
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USMCA Review Raises Concerns for Fashion Industry's Sourcing Strategies

USMCA Review Raises Concerns for Fashion Industry's Sourcing Strategies

USMCA Review Raises Concerns for Fashion Industry's Sourcing Strategies
Reuters Reuters
3M boosts annual profit forecast driven by resilient industrial unit

3M boosts annual profit forecast driven by resilient industrial unit

July 21 (Reuters) - 3M lifted its full-year profit forecast on Tuesday on the back of cost-control measures, price hikes and continuing strength in its safety & industrial business, sending shares of the industrial giant up 6% in premarket trading.