Author Archives
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Russia Denies Triggering The Worldwide Food Crisis As A Result Of The Ukraine Conflict
Russia’s Foreign Minister, Sergei Lavrov, who is on a diplomatic assault in Egypt, has denied that Moscow is to blame for the global food crisis. He claimed that Western governments were distorting the reality about the effect of sanctions on… Read More ›
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Retail Sales In The UK Fell In June As Customers Struggled With Inflation
British retail sales fell in June as drivers cut back on record-high gasoline prices, with consumers spending less than predicted, according to figures, albeit the trend remained modest as households struggled with increasing inflation. The Office for National Statistics reported… Read More ›
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Since The Pandemic Outbreak, Cyber-Attacks Against The Port Of Los Angeles Have More Than Doubled
Since the start of the Covid epidemic, cyber-attacks on one of the world’s busiest ports have nearly doubled. The number of monthly attacks on the Port of Los Angeles has risen to roughly 40 million, according to the port’s executive… Read More ›
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Earnings At Domino’s Fall Short Of Forecasts As The Pizza Operator Battles With A Driver Shortage And Rising Costs
Domino’s Pizza posted mixed quarterly earnings on Thursday, citing increasing expenses and an ongoing shortage of delivery drivers. “I can assure you that nobody at Domino’s is happy with our recent performance,” CEO Russell Weiner told analysts on a conference… Read More ›
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Concerns About A Global Slump Cloud Asian Manufacturers’ Prospects
Concerns about a global downturn are clouding Asia’s recovery prospects, with manufacturing activity growth slowing in Japan and Australia, putting pressure on policymakers to support their economies while tightening monetary policy to battle inflation. The purchasing managers’ index (PMI) poll… Read More ›
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Stronger Dollar Hit For J&J Countered By Cancer Drug Sales
Johnson & Johnson posted quarterly results on Tuesday that was above analysts’ expectations, thanks to robust demand for cancer medication Darzalex and its COVID-19 vaccination, despite the firm cutting its full-year adjusted profit outlook owing to a stronger currency. J&J joins… Read More ›
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Netflix Has Lost Nearly A Million Members
Netflix faces a difficult battle to retain its crown after a long reign as the king of streaming. Between April and July, it lost over 1 million members as the number of people leaving the service increased. However, it was… Read More ›
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Rising Inflation To Result In 454 Pounds Hike In Average Annual UK Food Bill
UK grocery inflation touched 9.9 per cent in the four weeks to July 10, adding 454 pounds ($543.7) to Britons’ annual bills as the cost of living crisis worsened, according to industry figures released on Tuesday. Kantar said the inflation… Read More ›
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Amazon Is Targeting 10,000 Bogus Review Facebook Groups
According to the BBC, Amazon is suing the administrators of more than 10,000 Facebook groups. According to the report, the gangs are manufacturing phoney reviews on Amazon marketplaces in the United States, United Kingdom, Germany, France, Italy, Spain, and Japan…. Read More ›
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Russia Close To Shutting Down Gas To Europe With Germany Rejecting Claims About It Being Unable To Fulfil Contracts
Russia’s energy behemoth has threatened to deliver less gas to Europe, but Germany, one of the country’s largest importers, has rejected the proposal. The majority of the company is owned by the government. Gazprom announced on Monday that it is… Read More ›