James Walton, Director of Inventory and Warehouse for Helping Harvest, transports a box of food to a car, in Reading, Pennsylvania, May 29, 2020. Ben Hasty | Reading Eagle | Getty Images A jump in jobless claims back above 1 million could be a warning that the labor market is …
Read More »China offers glimpses into retail business post-coronavirus, Bain report says
The headquarters of Alibaba Group Holdings Ltd. will be lit at night ahead of the annual November 11 Singles’ Day online shopping event in Hangzhou, China, on Sunday, November 10, 2019. Qilai Shen | Bloomberg | Getty Images The post-coronavirus retail industry will benefit greatly from the online shopping trends …
Read More »Towards $ 2 trillion, Apple became a market for itself for investors looking for growth and income
People are usually standing outside the Apple store on Fifth Avenue when New York City enters Phase 2 from reopening following restrictions imposed on the conversion of the coronavirus pandemic on June 30, 2020. Noam Galai | Getty Images Apple is one of the big tech engines pulling the market …
Read More »Walmart says e-commerce sales increased 104% in China in the second quarter
A man walks outside a Walmart in China. Tomohiro Ohsumi | Bloomberg | Getty Images Walmart’s online shopping strategy pays off in China, probably one of the most developed e-commerce markets in the world. The giant discount trade reported on Tuesday that net sales of e-commerce in China grew 104% …
Read More »China is launching an investigation into some imports from Australia
China’s Ministry of Commerce said on Tuesday it was launching an anti-dumping investigation into some wines imported from Australia. Australian Federal Trade Minister Simon Birmingham said in a statement that Chinese authorities “Australia have also advised that they consider a request to launch an investigation into spending.” “This is a …
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