Reuters news and trends

Retail Sales Fall In January
News // March 10, 2014

The U.S. Commerce Department reported this week that January retail sales unexpectedly fell compared with December as automobile sales slipped. Sales were down 0.4 percent, Reuters reported on Feb. 13. Estimates for January called for a 0.2 percent increase in retail sales. The Commerce Department...

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Snapdeal Holds Out For A Better Offer On Flipkart Takeover

July 06, 2017
India’s second- and third-largest eCommerce firms, Flipkart and Snapdeal, have been in talks for months about a possible alliance to keep ahead of Amazon, but Snapdeal wasn’t quite ready to sell out to Flipkart – at least, not for less than the $1-billion valuation Flipkart had previously indicated. The takeover bid came in at around […]