Ahead of the Lunar New Year in Asia and as a result of attacks on Red Sea shipping, which force businesses to obtain more expensive air cargo space, global air freight costs have increased for the first time in seven… Read More ›
Entrepreneurship
China’s Luxury Sector Is Growing Again And Opening Up New Business Opportunities
Although China’s luxury sales have not yet returned to 2021 levels, industry analysts and financial reports from key brands indicate that there are new growth potential in comparison to pre-pandemic tendencies. The current luxury conglomerate, LVMH, released its 2023 results… Read More ›
Impact Of The UK-Canada Trade Rift On Cheese, Beef, And Automobiles
Trade discussions broke down due to a disagreement over cheese and beef, and now the UK and Canada are blaming each other. The two nations had been engaged in over two years of negotiations to hammer out a new deal… Read More ›
Rate Reduction By The Fed Won’t Begin Until May, Traders Now Predict
Traders have bet that the Federal Reserve won’t begin easing policy until May, following a week in which better-than-expected economic data and central banker comments eroded investor confidence in the prospect of an early start to interest rate decreases. The president… Read More ›
Chinese Fund Managers Launch Equity Funds By Heavily Devoting Their Personal Capital
Chinese fund management organisations are increasingly introducing equities funds that are mostly funded by the company’s own capital in response to strong demand from regulators to assist revitalise a struggling stock market. As authorities rush to rescue a stock market… Read More ›
CEO Of Volvo Cars Predicts “Tremendous Growth” In EV Sales
Volvo Cars, which opens a new tab in Davos on Wednesday, defies more pessimistic predictions from competitors by maintaining confidence in “tremendous growth” in the electric vehicle sector, CEO Jim Rowan told the Reuters Global Markets Forum. The automaker stated… Read More ›
Coffee Roasters Feel Cost Pinch Because Of Attacks In The Red Sea
European coffee roasters have seen a sharp increase in expenses as a result of Houthi rebel attacks on ships in the Red Sea, although merchants and industry analysts say it is doubtful that these costs will be passed on to… Read More ›
New Research Find Employees Value Work-Life Balance More Than Financial Compensation
When it comes to their next job, workers prioritise work-life balance over salary, and they also value training in tech and artificial intelligence (AI), according to a new report released on Wednesday by Randstad, the largest employment agency in the… Read More ›
Game To Cease Offering Previously Owned Titles
Game, a UK high-street retailer, has announced that it will be closing its used video game division. According to parent business Frasers Group, the company will phase out trade-ins over the next few months. However, while supplies last, used games… Read More ›
China Recontinues To Release Data On Youth Unemployment, Misses Q4 GDP Predictions
China missed GDP forecasts for the fourth quarter on Wednesday, but it started disclosing the youth unemployment rate again. China’s National Bureau of Statistics reports that the country’s GDP increased by 5.2% during the last three months of 2023. That… Read More ›
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