Contract logistics the star performer for DHL, but weak rates take a toll
German logistics giant DHL saw group operating profit (Ebit) in the first quarter decline by ...
China has issued data showing its factory output weakened again last month, while economic growth fell to a six-year low of 6.9%. Retail sales, however, grew 11% on the previous year as Beijing tries to enthuse consumer-oriented industries. President Xi Jinping said last week the country aimed for at least 6.5% economic growth in the coming years – but there are concerns over the potential for job losses.
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