A strong push is needed to generate sustainable income amongst consumers to improve purchasing power and build confidence in the future.
Category Archives: Markets
Why the home-working boom could tumble London’s skyscrapers
As UK firms opt to remain remote, the future of flagship office projects in the City and beyond could be under threatAs England prepares to return to pubs, restaurants and cinemas next week, vast numbers of offices around the country will remain empty. And some companies are happy for it to stay that way – which poses a serious problem for multimillion pound […]
Chinese imports likely to continue till feasible alternatives emerge: Auto, Pharma players
Days after a deadly border clash with China that saw 20 Indian soldiers losing their lives, there has been a call from various quarters to cut imports from the neighbouring country.
Monsoon covers all India earlier than usual, brightens crop prospects
IMD defines average, or normal, rainfall as between 96% and 104% of a 50-year average of 88 cm for the entire four-month season.
Congo-Kinshasa: Officials Vow to Tackle Child Labour At Mines As COVID-19 Threatens Spike
[Thomson Reuters Foundation] Kinshasa -Authorities in Democratic Republic of Congo’s southeastern mining heartland are boosting efforts to tackle child labour amid concerns that the coronavirus pandemic could drive more families to put their children to work in mines, officials said.
Coronavirus crisis hit poor the hardest; leaves more people without income than pre-pandemic
The COVID-19-induced lockdown that started on March 25 and is yet to be lifted has hit the economic activity. Sights of millions of walking, cycling or hitching rides back home have led to concerns over sustainability for the poor.
Nigeria: Community Concerns in Ongoing Ogoni Oil Clean-Up
[Premium Times] For over 60 years, the Nigerian Government exploited oil and gas resources in the Niger Delta region. During this period, extensive pollution of the air, water, sediment and soil in local communities in the region exposed humans and other life forms to severe health risks. At some point in the early 1990s, the Ogoni communities and civil soci […]
Is Robinhood making money off those day-trading millennials? Well, yes. That’s kind of the point.
Brokerages make money by allowing companies called ‘market makers’ to act as middlemen between parties that want to buy and those that want to sell. It’s not nefarious, one long-time industry veteran notes, it’s how financial markets work – and work better.
English cinemas to axe self-serve pick ’n’ mix and singalongs when they reopen
Coronavirus guidelines to include staggering of films and alcohol curbs from 4 JulyCoronavirus – latest updatesSee all our coronavirus coverageSingalong screenings and pick ’n’ mix stands have been banished from multiplexes in new coronavirus safety measures allowing cinemas to reopen safely next month.The new 1-metre physical distancing rule means cinemas w […]
‘At least don’t buy Ganesha idols from China’: FM Sitharaman irked over non-essential imports
Nirmala Sitharaman said that importing essential raw materials that are not available in the country is not wrong but why there is a situation where we cannot even make Ganesha idols from clay.
Keurig Dr Pepper Or PepsiCo?
Keurig Dr Pepper stock is currently (as of 23rd June) at the same level as it was on 31st January 2020 (when WHO declared a global health emergency), whereas PepsiCo stock is down by about 8% over the same period. If we compare the stock price trends for these beverage giants over recent years…
Nigeria: Buhari’s COVID-19 Economic Plan – Neither Novel Nor Groundbreaking
[The Conversation Africa] COVID-19 is increasingly wreaking havoc on the health of Nigerians, but its economic impact may well be more devastating. Before the pandemic, the Nigerian economy was growing at an anaemic rate of 2%. The country has also been suffering from high poverty and unemployment rates. This is paradoxical for a country endowed with humongo […]
Renewable energy breaks UK record in first quarter of 2020
‘Substantial increase’ in wind and solar power helped to generate 47% of Britain’s electricityRenewable energy made up almost half of Britain’s electricity generation in the first three months of the year, with a surge in wind power helping to set a new record for clean energy. The government’s official data has revealed that renewable energy made up 47% of […]
Global stock market rally is a gamble, IMF warns investors
Report identifies gap between market optimism and depressed state of economiesThe global stock market rally represents a gamble by investors that central banks will ignore the risks of a buildup in debt and continue to provide support at the current record levels, the International Monetary Fund has warned.In an update to its half-yearly global financial sta […]
What Kmart doesn’t want you to know
Kmart has attracted legions of fans with its on-trend products and low prices for everything from marble tables to heated rugs and $69 air fryers.