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16/12/2021

Macy’s used New York’s famous billboard to sue Amazon. Two big names in American retail are about to blow their horns at a large advertising space in New York. Old school retailer Macy’s says Amazon plans to place an advertisement on a large hoarding outside its flagship department store in Herald Square.
https://businessandstock.com/2021/10/02/macys-used-new-yorks-famous-billboard-to-sue-amazon/

16/12/2021

Washington will have to implement the US-China Phase One trade agreement and raise broader policy concerns with Beijing, according to US Trade Representative Katherine Tai in her press office on Monday.
https://businessandstock.com/2021/10/04/washington-will-have-to-implement-the-us-china-phase-one-trade-agreement/

16/12/2021

Pepsi Beverage prices have been rising for the past few months, and the company expects prices to rise further in the first quarter of next year. PepsiCo to raise prices in Q1 2022 PepsiCo CFO Hugh Johnston has revealed that he expects the company’s beverage prices to rise further in the first quarter of next year.
https://businessandstock.com/2021/10/05/pepsi-beverage-prices-expect-prices-to-rise-further/

15/12/2021

Global post-Brexit labor shortages due to global tensions over the COVID crisis have sown chaos in the supply chain for everything from fuel and pork to poultry and bottled water, raising fears that growth is on the rise.
https://businessandstock.com/2021/10/05/the-worlds-fifth-largest-economy-is-not-heading-towards-a-1970s-style-inflationary-spiral-johnson-says/

15/12/2021

According to the National Bureau of Statistics, China’s industrial robot production reached 239,249 units in the first eight months of this year, up 63.9 percent from a year earlier, according to the National Bureau of Statistics.
https://businessandstock.com/2021/10/07/in-china-industrial-robots-production-increased-significantly-during-the-first-eight-months-of-this-year/

15/12/2021

Economist Professor Atif Mian says that in order to strengthen Pakistan’s economy, structural changes will have to be made in the entire system. Instead of indirect taxes, direct taxes should be the focus.
https://businessandstock.com/2021/10/08/the-economy-cannot-be-stable-without-increasing-productivity-says-professor-atif/

14/12/2021

As demand grows and economies recover from epidemics, the Organization of the Petroleum Exporting Countries and its affiliated producers, or OPEC +, is focused on gradually restoring production rather than increasing supply rapidly. OPEC + will move forward with its cautious approach to supply by the end of the year.
https://businessandstock.com/2021/10/12/oil-prices-hit-84-a-barrel-on-tuesday-the-highest-level-in-three-years/

13/12/2021

Amid mounting inflationary pressures in the British economy, a Bank of England policymaker told homes on Saturday to be prepared for interest rate hikes. Consumer confidence has hit a five-month low, according to a survey published Monday by surveyor UGO and consultancy CEBR.
https://businessandstock.com/2021/10/12/british-grocery-prices-rose-1-7-in-four-weeks/

13/12/2021

Xi was addressing a practical COP15 Biodiversity Summit in Kunming, China, where diplomats, scientists, and conservationists are meeting with the goal of building a global agreement to prevent natural disasters.
https://businessandstock.com/2021/10/12/xi-jinping-announces-1-5-billion-yuan-fund-for-biodiversity-conservation-in-developing-countries/

13/12/2021

The head of the International Monetary Fund, Kristalina Georgieva, on Wednesday distanced herself and her employer from the World Bank’s data-rigging scandal but said she did not expect the story to unfold.
https://businessandstock.com/2021/10/13/the-data-rigging-scandal-will-not-affect-imf-world-bank-cooperation-georgieva-head-of-the-imf/

11/12/2021

The STOXX index of 600 European stocks rose 0.2 percent to a three-week-high. The UK’s FTSE 100 also rose 0.2%, with the UK’s Blue Chip Index reclaiming all the land lost since the outbreak of the coronavirus epidemic in March last year. ‘There is an element of satisfaction.
https://businessandstock.com/2021/10/16/investors-fear-inflation-as-they-renew-their-bets-on-stocks/

11/12/2021

US Treasury yields stabilized, extending a trend in recent weeks, with five-year bond yields reaching their highest level since February 2020 as investors bet that the US Federal Reserve will cut interest rates next year. Initially, it is preparing to raise interest rates.
https://businessandstock.com/2021/10/18/the-dollar-stands-tall-against-strong-competition/

11/12/2021

Social media giant Facebook is gearing up to launch its new digital wallet and has partnered with crypto exchange Coinbase to help with some logistics. Facebook is partnering with Coin Base on Ninety Wallets.
https://businessandstock.com/2021/10/20/facebooks-new-wallet-is-coming-soon-and-will-help-with-coin-based-logistics/

10/12/2021

European Central Bank board member Frank Alderson said on Wednesday that eurozone banks should be legally obliged to adopt plans that would expose them to climate-related risks over the next 30 years. How to reduce
https://businessandstock.com/2021/10/20/eurozone-banks-should-be-legally-bound-by-climate-change-plans-the-ecb-says/

10/12/2021

The world’s most expensive carmaker, Tesla, has averted a crisis in epidemics and the global supply chain, recording record earnings for the fifth consecutive quarter in the July-September period, which was produced at its Chinese factory. Due to the ramp-up.
https://businessandstock.com/2021/10/21/tesla-inc-beat-wall-street-expectations-for-third-quarter-earnings-on-wednesday/

10/12/2021

Brent oil. $85.241. +0.2190 (+ 0.26%) futures fell 50 cents, or 0.6 percent, too. 84.11 a barrel at 06:45 GMT, down 211.21 from the previous session. Brent hit a three-year-high. $86.10 on Thursday, but was down 0.9 percent for the week, the first weekly dip since September 3.
https://businessandstock.com/2021/10/22/brent-is-on-track-for-the-first-weekly-dip-in-oil-prices-fall-seven/

09/12/2021

On Monday, Tesla’s market value exceeded 1 1 trillion following the news that Hertz plans to add 100,000 electric vehicles to its fleet by the end of 2022. About one-fifth of Hertz’s fleet will be Model 3s, which will cost $ 4.2 billion over the next 14 months.
https://businessandstock.com/2021/10/26/tesla-is-worth-3-times-after-the-collation-than-toyota/

09/12/2021

Failure to close the multi-billion-euro valuation gap between the parties has left Italy unable to complete the restructuring of its banking system, which it began six years ago.
https://businessandstock.com/2021/10/25/italy-unicredit-fails-to-clinch-the-monte-de-paschi-rescue-deal/

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