trading news and archive

Germany calls for Biden to "restart at eye level" with goods trading

After the massive trade conflicts between the USA and the EU, German industry is hoping for a "new start at eye level" from the coming US President Joe Biden. Industry President Dieter Kempf said on Sunday, according to a statement from the Federation of German Industries (BDI): "After the Trump era, it must now be about reviving our...

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Debenhams shares slip amid warnings of 'market volatility'

London - UK high street retailers are facing a drop in their stocks this morning following a bleak trading update from department store group Debenhams. The struggling retailer revealed a 0.9 percent decline in like-for-like sales for the 15 weeks to June 17 amid "market volatility." In its trading update for the 15 weeks and 41 weeks to June...

Retail|UPDATE

Bank continues to close down stores

Distressed young fashion retailer Bank, which fell into administration last month, is set to shut down an additional 11 stores before the 15th of this month. The new store closures would see close to half of all Bank's existing stores having stopped trading, after appointed administrators Deloitte said the remaining 64 stores would continue to...