Tag Archives: sales

Dollar , gains , upbeat , US , retail , sales , data

Dollar gains after upbeat US retail sales data

06 June, 2020 2:54 pm 2:54 pm

NEW YORK (Reuters) – The dollar gained on Tuesday after a record increase in US retail sales in May after two straight months of declines, reinforcing a growing belief that the worst may be over for the world’s largest economy. The US currency turned positive against the yen after the data, while the euro hit … Read More

Logitech sales rise nearly 14% as work from home boosts demand

05 May, 2020 11:00 am 11:00 am

(Reuters) – Logitech International  reported a 13.6% rise in fourth-quarter sales on Tuesday as more people used its products while working from home due to the coronavirus crisis. Logitech, which makes webcams, keyboards, mouses as well as video conferencing devices and software, said its fourth-quarter sales rose to $709.2 million, compared with $624.3 million a … Read More

Facebook coronavirus coronavirus outbreak advertising sales

Facebook says coronavirus hits advertising sales

03 March, 2020 9:24 am 9:24 am

(Reuters) – Facebook said the coronavirus outbreak was undercutting sales of the advertising that accounts for nearly all of its revenue, even as more users spend time on the social network during virus-related lockdowns. “We don’t monetize many of the services where we’re seeing increased engagement, and we’ve seen a weakening in our ads business … Read More

Alphabet shares fall as Google misses on sales, YouTube revenue disappoints

02 February, 2020 9:57 am 9:57 am

SAN FRANCISCO (Reuters) – Alphabet Inc’s  new Chief Executive Sundar Pichai unveiled sales figures that investors have long demanded, but shares fell 5% as Google’s advertising business and the new data about YouTube and Google Cloud broadly disappointed. Pichai had sought to counter slowing revenue growth in the company’s main advertising business by pointing to … Read More

Alibaba Singles Day sales billion

Alibaba Singles’ Day sales hit $23 billion in first nine hours

11 November, 2019 9:30 am 9:30 am

HANGZHOU, China (Reuters) – Chinese e-commerce giant Alibaba Group Holding Inc on Monday said sales for its annual Singles’ Day shopping blitz hit 158.31 billion yuan ($22.63 billion) in its first nine hours, up 25% from 126.72 billion yuan at the same point last year. Akin to Black Friday and Cyber Monday in the United … Read More

us donald trump weapons saudi arabia.uae 8 billion dollar sales

Trump sets $8 billion-plus in weapons sales to Saudi Arabia, UAE

05 May, 2019 8:25 am 8:25 am

WASHINGTON (Reuters) – US President Donald Trump, declaring a national emergency because of tensions with Iran, swept aside objections from Congress to complete the sale of over $8 billion (£6.3 billion) worth of weapons to Saudi Arabia, the United Arab Emirates and Jordan. The Trump administration informed congressional committees that it will go ahead with … Read More