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World 11 Sep 2020 | 5:22 AM

Retail sales in Brazil grow 5.2 pct, highest rate ever for July

RIO DE JANEIRO, Sept. 10 (Xinhua) -- Brazil's retail sales, one of the engines of the country's economy, grew by 5.2 percent in July compared to June, marking a record high for the month and the third consecutive month of growth, the Brazilian Institute of Geography and Statistics (IBGE) said on Thursday.

World 04 Sep 2020 | 1:21 AM

Number of workers on reduced hours in Germany falls to 4.6 mln as COVID-19 effect declines

BERLIN, Sept. 3 (Xinhua) -- The number of short-time workers in Germany fell from 5.6 million in July to 4.6 million in August, according to a survey among 9,000 companies by the German ifo Institute published on Thursday.

World 23 Jul 2020 | 5:38 AM

News Analysis: Italy's retail sector needs to modernize to recover from pandemic impacts

ROME, July 22 (Xinhua) -- Italy's in-person retail sector suffered during the country's coronavirus lockdown and in its wake, and analysts say retailers will have to rethink the way they do business before they are able to recover.

World 05 Jun 2020 | 3:45 PM

Australia's AAP news agency lives on after finding buyers

SYDNEY (Reuters) - Australian Associated Press (AAP) said on Friday it expects to be sold to a group of philanthropic investors, a reprieve for the news agency that had been facing closure, and for the industry, after a run of layoffs as advertising dwindles.