With a prime minister eager to draw in foreign capital, Nissan announced on Friday that it would invest 1.12 billion pounds ($1.4 billion) in its British plant to produce electric versions of two models. This news would come as a… Read More ›
Economy & Finance
October Saw A Rise In Worldwide Smartphone Sales After More Than Two Years Of Declines
According to data from Counterpoint Research, global smartphone sales increased in October after falling for 27 straight months in the previous year. This increase was mostly driven by emerging market recovery. The research states that in October, sell-through transactions, or… Read More ›
Greek Ships Stop Trading In Russian Oil As The US Intensifies Its Oversight Of Price Caps
Three significant Greek shipping companies have ceased transporting Russian oil in recent weeks in order to evade the U.S. penalties now placed on certain shipping companies who do so, according to four merchants who spoke to Reuters and shipping statistics…. Read More ›
British Black Friday Buyers Look For Deals By Purchasing Used Goods
Retailers and manufacturers predict an increasing number of British consumers will be searching for refurbished and pre-owned deals to save money and buy more responsibly as Black Friday ushers in the holiday shopping season. Second-hand vendors, such as eBay Inc…. Read More ›
IEA Predicts A Surplus Of Oil In 2024, Even If OPEC+ Continues Its Present Reductions
Even if the OPEC+ countries continue their production cutbacks into 2024, there will still be a small supply excess in the global oil market, the head of the International Energy Agency’s (IEA) oil markets and industry division told Reuters on… Read More ›
At COP28, US And France Want To Forbid Private Financing Of Coal-Fired Power Facilities: Reuters
Three sources involved with the discussions told Reuters in India and Europe that France, supported by the United States, intends to seek a halt to private funding for coal-based power facilities during the U.N. climate conference later this month. India… Read More ›
World’s Most Expensive Bottle Of Whiskey Worth $2/7M Is A Rare Scotch Whisky
The record for the most expensive wine or spirit sold at auction was broken by a rare bottle of whisky, which was bought for $2.7 million. Scotch whisky in the form of the highly sought-after Macallan 1926 single malt bottle can be… Read More ›
Declining Foot Traffic In Burberry Stores Hampers Its Design Renovation
Burberry could not be in more of a bad spot for the luxury market recession that followed the post-pandemic boom, with designer Daniel Lee’s initial designs for the British brand beginning to appear in recently renovated stores. Executives issued a… Read More ›
As Luxury Companies Look To Develop, Exclusivity Is The Name Of The Game When It Comes To China’s Wealthiest
The world’s leading luxury companies are vying for the likes of affluent businesswoman Diana Wang in an attempt to expand in China, their second-largest market. Wang, an investor and owner of a fashion brand bearing his name, is based in… Read More ›
What Deals Are Customers Looking For On Black Friday, And When Is It?
Black Friday falls on November 24, this year. Retailers are getting ready for what they think would be another record-breaking worldwide shopping frenzy. Black Friday is typically considered to be the unofficial start of the Christmas shopping season because of… Read More ›
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