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Rising number of US businesses report sales and profit slowdown at the end of 2018
A rising number of US businesses saw falling sales and lower profit margins at the end of 2018, another sign that the American economy could be slowing.
Increased costs bit US retailers despite higher holiday sales
Holiday shopping reports released Thursday underscored anew the challenges US retailers face in the Amazon era — even if consumers are willing to open their wallets to spend.
Japanese, Indian firms to resume Iran crude imports
Two major Japanese companies and an Indian state-run corporation seek to resume purchasing Iranian crude in January and February more than two months after the US reinstated sanctions on Iran’s oil and banking industries.
Iran says finds new 'potential' oil buyers despite US sanctions
All countries that were granted waivers from the United States to continue buying a certain amount of Iranian oil imports are complying with US sanctions, a senior Iranian energy official said, noting that Tehran was hopeful to find new buyers.
Britain bans puppy, kitten sales by pet shops
Britain is forbidding puppies and kittens from being sold by pet shops in a bid to crack down on animal exploitation and abuse.
Amazon drops free shipping minimum in tussle for holiday sales Inc. said on Monday it would offer free shipping with no purchase minimum for the first time this holiday season, heating up the competition with Walmart Inc. and other rivals vying for customers’ Christmas shopping sprees.
Research firm: India iPhone sales to fall for first time in four years
Apple’s iPhone sales are set to dip by around a quarter in India’s holiday season fourth quarter, putting them on course for the first full-year fall in four years, industry research firm Counterpoint said on Saturday.
UK car sales surge but industry warns over false dawn
The precipitous decline in UK car sales seems to have been arrested with a 10-percent rise in new car registrations in April — but the industry is warning that it is an anomaly.
BlackBerry seeks new life from old patents to stem sales decline
BlackBerry Ltd., seeking ways to stem revenue declines, is dusting off its old patents and asking other companies to pay up for using technology BlackBerry claims it invented years ago.
Oil hunger to grow in Inida aiming for only electric car sales
Even though India aspires to sell only electric vehicles by 2030, it still sees gasoline and diesel consumption doubling over that period. The two ideas may not be contradictory.
US Republicans: New bill does not bar any aircraft sales to Iran
The US House passed legislation Thursday that would require Treasury Department to report to Congress on Iranian purchases of US aircraft while Republicans emphasized that the legislation does not bar any aircraft sales to Iran.
Economists oppose Japan PM's plan to use sales tax revenue for education
Most economists oppose Prime Minister Shinzo Abe’s plan to redirect some revenue from a planned sales-tax increase to child care and education because it would add to Japan’s massive debt burden, a poll showed.
Calls to ban energy drink sales to under 18s
Experts have found that some Aussie kids are consuming the equivalent of 10 cups of instant coffee a day in sugar-loaded drinks, and it could be destroying their health, and their futures.
European car sales up
European car sales rose 7.7 percent in May from the same month a year ago, industry data showed, returning to growth after a dip in April and with nearly all auto manufacturers recording sales increases.

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