Confidence gained a majority stake in online pharmacy Netmeds for about Rs 6.2 billion. Bengaluru: Reliance Industries Ltd has acquired a majority stake in online pharmacy Netmeds for about 6.2 billion rupees ($ 83.08 million) in cash, days after e-commerce giant Amazon.com Inc launched an online drug sales service in …
Read More »Consumer sentiment remains weak in August amid intense coronavirus pessimism
Americans in August felt no better about the economy than about their own financial situation than they did in the previous month, reflecting broad concerns about the still-spreading coronavirus and the chance of a slow recovery, emerged from a new survey. The preliminary reading of the consumer sentiment survey in …
Read More »Increased COVID-19 Cases Hurt US Consumer Confidence; the real estate market continues
WASHINGTON (Reuters) – US consumer confidence fell more than expected in July amid an outbreak of COVID-19 infections across the country, threatening the economy’s recovery from an unprecedented recession caused by the pandemic. FILE PHOTO: A shopper is seen wearing a mask while shopping at a Walmart store in North …
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