Retail Distributors

  • WASHINGTON, April 13- U.S. retail sales unexpectedly fell in March as households cut back on purchases of automobiles and other items, further evidence that economic growth stumbled in the first quarter. For the Federal Reserve... it argues for continued caution, "said Millan Mulraine, deputy chief economist at TD Securities in New York. The Commerce Department...

  • WASHINGTON, April 13- U.S. retail sales unexpectedly fell in March as households cut back on purchases of automobiles, further evidence that economic growth stumbled in the first quarter. The Commerce Department said on Wednesday that retail sales declined 0.3 percent last month after being unchanged in February. Economists polled by Reuters had forecast...

  • *FTSEurofirst 300 up 0.6 pct. MILAN, April 11- European shares were higher on Monday, reversing earlier losses helped by gains in Italian banks and mining stocks. The pan-European FTSEurofirst 300 index rose 0.59 percent to 1,311.81 points by 0820 GMT, after gaining 1.2 percent in the previous session.

  • MELBOURNE, April 11- London copper rose on Monday, underpinned by a softer dollar after last week's wobbly U.S. wholesale inventories data, with readings of China's economic pulse expected to dominate sentiment in the week ahead. *China's economic indicators showed signs of improvement in the first quarter but a sluggish world economy and volatile markets...

  • WASHINGTON, April 8- U.S. wholesale inventories fell at their fastest pace in nearly three years in February, pointing to a sharper slowdown in first-quarter economic growth than previously thought. Wholesale inventories dropped 0.5 percent in February, the Commerce Department said on Friday, the sharpest decline since May 2013. Analysts polled by Reuters...

  • April 8- U.S. stock index futures rose on Friday, boosted by a surge in oil prices and Federal Reserve Chair Janet Yellen's positive comments on the economy. *Crude rose more than 3 percent as encouraging economic indicators in the United States and Europe boosted hopes of rising demand. *Shares of Intercept Pharmaceuticals rose 5.2 percent to $172.50 premarket...

  • SYDNEY, April 8- U.S. wheat steadied on Friday after sharp falls over the previous two sessions, but prices were still set for their biggest weekly slide in more than four months on bleak export demand and better-than-expected winter crop condition. *The USDA's export sales report showed net cancellations of old-crop U.S. wheat totaling 58,100 tonnes in the week...

  • SINGAPORE, April 8- Gold held near a two-week high on Friday and was set to post its strongest week in five as the Federal Reserve's caution over raising U.S. interest rates and weakness in the dollar burnished the metal's appeal. *Spot gold had eased 0.3 percent to $1,237.10 an ounce by 0048 GMT, but was not too far from a two-week high of $1,243.50 hit in the previous...

  • MELBOURNE, April 8- London copper slipped on Friday and was facing its largest weekly loss in three months as investors took profits on expectations that China shipments were set to tail off after the peak quarter for demand. *Shanghai Futures Exchange copper ended the overnight session down 2.7 percent at 35,750 yuan a tonne. *China may be about to shock the...

  • MELBOURNE, March 10- London copper fell on Thursday, declining further from a four-month high reached last week, as rising Chinese inflation fanned concerns over its economic growth, offsetting support from a European monetary stimulus expected later today. A weaker dollar and a pledge by China to resolve its oversupplied industries had helped fuel a broad...

  • MELBOURNE, March 10- London copper was little changed on Thursday, but still within reach of a four-month high, as concerns over China's appetite for commodities countered support from expectations of more monetary easing in Europe. *Global merchandise import growth slowed to 1.7 percent in 2015 as China's slower growth path and difficulties in commodity...

  • WASHINGTON, March 9- U.S. wholesale inventories unexpectedly rose in January as sales tumbled, suggesting that efforts by businesses to reduce an inventory overhang could persist well into 2016 and restrain economic growth in the coming quarters. The Commerce Department said on Wednesday wholesale stocks increased 0.3 percent after being unchanged in...

  • WASHINGTON, March 9- U.S. wholesale inventories unexpectedly rose in January as sales tumbled, suggesting that efforts by businesses to reduce an inventory overhang could persist well into 2016 and restrain economic growth. The Commerce Department said on Wednesday wholesale inventories increased 0.3 percent in January. December inventories were...

  • *Rusal sees slower China aluminium output growth. LONDON, March 9- Copper, zinc and other base metals rebounded on Wednesday as speculators piled back into the market on hopes more production cuts would lead to shortages and that top metals consumer China would unleash more stimulus measures. "Prices are being driven by sentiment and momentum at the moment, but on...

  • *New Caledonia may lift ban on nickel ore exports to China. MELBOURNE, March 9- London copper was steady on Wednesday after prices fell the most in a day since November in the previous session when grim China February trade data renewed fears over economic growth in the world's top consumer of metals. Copper has been trying to break to the upside and now it's...

  • MELBOURNE, March 9- London copper was steady on Wednesday, with prices failing to rebound from a tumble in the previous session when grim China February trade data renewed fears over economic growth in the world's top consumer of metals. *Shanghai Futures Exchange were down 2.4 percent at 37,070 yuan a tonne. *Russia's Rusal Plc reported a 53- percent slide in...

  • *The most active wheat futures contract on the Chicago Board of Trade fell 0.27 percent to $4.64 a bushel, having closed up 0.54 percent on Tuesday. *Traders and analysts expect the USDA to further increase its estimates for global corn and soybean inventories from February. *The USDA on Tuesday said private exporters struck deals to sell 110,000 metric tons of...

  • MANILA, March 9- Gold edged lower on Wednesday, slipping with the euro as expectations that the European Central Bank is almost certain to ease policy this week weighed on the single currency. *Spot gold was down 0.6 percent at $1,253.46 an ounce by 0128 GMT. *Investors expect the European Central Bank to cut its deposit rate by at least 10 basis points and expand its...

  • An employee operates a forklift at the distribution center of the Oregon Freeze Dry facility in Tangent, Oregon.

    U.S. wholesale inventories rose less than expected in December, suggesting a moderation in the pace of stock accumulation.

  • Dhanin Chearavanont, billionaire and chairman of Charoen Pokphand Group Co. (CP Group), pauses while attending a conference hosted by the Thailand-China Chamber of Commerce in Bangkok, Thailand.

    A local currency hit by months of political unrest, and skittish consumers spending less are keeping the pressure on Thai billionaire Dhanin Chearavanont.