Bosch Ltd to Increase Manufacturing in India

BENGALURU, Aug 1 Reuters Bosch Ltd, the Indian arm of German automotive supplier Robert Bosch GmbH, is looking to boost manufacturing in India over the next two to four years, the company39;s financial chief said on Tuesday. The technology supplier plans to increase the percentage of goods produced locally in India to bring down its […]
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Kerry Group sees U.S. Destocking Easing, Positive on China

DUBLIN, Aug 2 Reuters Ingredients giant Kerry expects destocking among its North American customers to continue to ease in the third quarter after a number recently effectively finished their inventory reductions, its chief executive said on Wednesday. Edmond Scanlon added that the Irishbased company has seen a good progression in volumes in China over the last […]
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Oil Prices Rise 1, US Inventory Data Reflect Robust Demand

U.S. crude stocks fell 15.4 million barrels last week API data Markets await EIA figures due 1430 GMT China demand concerns linger SINGAPORE, Aug 2 Reuters Oil prices surged by almost 1 on Wednesday, trading near their highest since April, as crude and fuel product inventory data showing robust demand from the world39;s biggest fuel […]
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Hugo Boss Stays Strong amid Tough China, U.S. Markets

Hugo Boss raises 2023 profit and sales outlook Inventories jump 53 in first half Shares down 1 as higher working capital weighs Aug 2 Reuters Hugo Boss has raised its sales and profit outlook after reporting a 20 jump in secondquarter revenues, as a brand revamp and marketing push helped the German fashion house overcome sluggish […]
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