Chinese retailers run the risk of permanently ingraining the nation’s recent deflationary trends into the second-largest economy in the world if they change their approach to offering lower-priced goods and services in an effort to attract budget-conscious customers. Price reductions,… Read More ›
The previous 12 months have been among the hardest in the recent history of the buyout industry since investors have become more frugal with their funds and private capital fundraising has dropped to five-year lows, according to industry leaders and… Read More ›
The struggling Ukrainian economy can survive for a few months until outside help comes in, but things will undoubtedly get harder in 2024 and Kyiv will have to rely more on its own resources. The majority of the $43 billion… Read More ›
Tuesday saw an increase in oil prices as Houthi terrorists from Yemen, who are affiliated with Iran, attacked ships in the Red Sea, disrupting maritime traffic and forcing firms to reroute vessels. At 05:30 GMT, Brent crude futures increased by… Read More ›
In a largely anticipated move, the Bank of Japan kept ultra-loose monetary policy on Tuesday, highlighting policymakers’ need to wait for additional information on whether wage growth will be sufficient to sustain inflation at its target rate of 2%. Additionally,… Read More ›
According to statistics released on Monday, nearly half of 217 international companies reduced their carbon emissions from business travel by at least 50% between 2019 and 2022. This is because business travel has recovered from the pandemic far more slowly… Read More ›
In 2024, favourable conditions as well as greater chances than obstacles are anticipated for China’s economy, according to state media, which cited representatives of the finance and economy office of the Chinese Communist Party. According to a thorough readout of… Read More ›
The major central banks of the West have all maintained unaltered interest rates in recent days, but they have taken very different stances towards the market’s much-anticipated 2024 rate decreases. The Federal Reserve of the United States sent risk markets… Read More ›
According to industry data, sales of cigarettes, cigars, and loose tobacco declined precipitously in 2023, while vaping goods grew at the quickest rate in UK grocery stores for the second year in a row. In October, the British government suggested… Read More ›
The holiday shopping season got off to a fast start amid deep discounting, and U.S. retail sales surprisingly increased in November. This is likely to keep the economy on a moderate growth path this quarter and allay fears of a… Read More ›
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