Retail Sales Fell in May, in Latest Sign of a Bumpy Recovery

·

·

Retail Sales Fell in May, in Latest Sign of a Bumpy Recovery

Retail sales fell slightly last month, the Commerce Department reported on Tuesday, another sign of the uneven recovery of the American consumer during the pandemic. The 1.3 percent decline in May follows months of ups and downs in retail spending.
See Original Article

Barred or Not? Adani Investors Fret Over Three Mauritius Funds

… risk for Adani shares, Bloomberg Intelligence analysts wrote last week. Among the biggest foreign investors are a few Mauritius-based funds holding
See Original Article

Ore Billionaire Sets Sights on Reviving Congo's Hydro Vision

Sign up to our Next Africa newsletter and follow Bloomberg Africa on Twitter. Iron ore magnate Andrew Forrest is looking to help revive a long-delayed
See Original Article

The brewing fight between Big Oil and the SEC

As U.S. regulators mull tougher climate disclosure requirements from industry, Big Oil is pushing back, cautioning officials against overstepping their jurisdiction. The Securities and Exchange Commission on Monday published a flood of submissions from …
See Original Article

IKEA fined $1 million for spying on workers in France

Paris (CNN Business) A French court has ordered IKEA to pay a €1 million ($1.2 million) fine after finding the Swedish retailer guilty of improperly using employee data. The judgment was announced Tuesday by a court in Versailles. The French subsidiary of …
See Original Article



Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.