Tag Archives: surges

Business Top 5: Future Retail surges 4%, midcaps regain lost ground

Future Retail’s subsidiary, SHME Food Brands, will open new stores and convert existing locations to the 7-Eleven brand, starting this year File Photo Future Retail’s shares surged as much as 4.3% as the company signed a master franchise agreement with US-based 7-Eleven to set up and manage the latter’s stores in India. Future Retail’s subsidiary, SHME Food Brands,… Read More »

Euro zone manufacturing surges in May as new orders mount up

Manufacturing across the euro zone grew at the fastest rate in more than six years during May, increasing activity as price increases failed to slow their new orders, a survey showed on Thursday. Signs the bloc’s economy is enjoying a stable and broad-based recovery, alongside inflationary pressures, will be welcomed by policymakers at the European Central Bank. IHS… Read More »