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    British retail sales flat in Feb after Jan fall, outlook gloomy

    25 Feb 2023

    British retail sales held steady in February after falling in January but stores expected sales volumes to slip again in March as the rising cost of living eats away at disposable incomes.

    Britain’s retailers report sharpest upturn in sales growth since 2018

    27 Apr 2021

    British retailers reported the sharpest upturn in sales since 2018 this month as non-essential began to reopen after months of closure, adding to signs of an economic rebound as COVID restrictions ease, a survey showed on Tuesday.

    Fest to shine brighter in landmark 25th edition

    03 Dec 2019

    The 2020 marks a landmark year for the United Arab Emirates and specifically Dubai as the city celebrates the milestone 25th edition of the Dubai Shopping Festival (DSF) and prepares itself to host the highly anticipated Expo 2020.

    Global shares reach record highs on trade optimism, festive cheer

    27 Dec 2019

    World stocks scaled record highs on Friday and oil prices stayed buoyant in a holiday-shortened week, as optimism grew that a US-China trade deal would soon be signed.

    European economy emerges from double-dip recession in 2nd quarter

    30 Jul 2021

    Europe emerged from a double-dip recession in the second quarter with stronger-than-expected growth of 2 per cent over the quarter before, according to official figures released Friday,

    Lackluster US retail sales dim Q4 economic growth outlook

    14 Dec 2019

    US retail sales increased less than expected in November as Americans cut back on discretionary spending despite a strong labour market, raising fears the economy was slowing a bit faster than anticipated in the fourth quarter.

    Pandemic pushes H&M into big loss

    28 Jun 2020

    H&M, the world’s second-biggest fashion retailer, swung into a steep loss in its March-May quarter and said its recovery outlook was uncertain, although trade had resumed faster than feared as pandemic lockdowns ease and stores reopen.

    Wholesale inflation in US further slowed in November to 7.4 per cent

    10 Dec 2022

    Wholesale prices in the United States rose 7.4% in November from a year earlier, a fifth straight slowdown and a hopeful sign that inflation pressures across the economy are continuing to cool.

    UK retail sales recover more than expected from Omicron knock

    18 Feb 2022

    British retail sales grew faster than expected in January, recovering about half the losses suffered when a wave of coronavirus cases caused many shoppers to stay at home during December.

    Dubai Duty Free sales reach Dhs6.339b

    02 Jan 2023

    Dubai Duty Free ushered in the new year by announcing annual sales of Dhs6.339 billion ($1.74 billion) in 2022, representing a 78% increase over the previous year.

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