Inflation remains stubborn as wholesale prices accelerate

Inflation remains stubborn as wholesale prices accelerate

Wholesale prices in the US rose last month, remaining low but suggesting that the American economy has yet to completely vanquish inflationary pressure. Thursday’s report from the Labor Department showed that its producer price index — which tracks inflation before it hits consumers — rose 0.2% from September to October, up from a 0.1% gain … Read more

California gets mediocre grades for its business climate – Daily News

California gets mediocre grades for its business climate – Daily News

California is barely a middle-of-the-pack performer when scoring the state’s business climate against the rest of the nation. California got a below-average No. 30 ranking among the states when my trusty spreadsheet looked at eight yardsticks of economic well-being from a business perspective. That’s not terribly surprising, given all the C-suite criticism of the state’s … Read more

Three new Forum Malls to come by in Hyderabad by 2026

Three new Forum Malls to come by in Hyderabad by 2026

Hyderabad: Prestige Group, the real estate company that owns a chain of Forum Malls across the country, is set to expand their presence in the city. The company announced their plan to open three new shopping malls and a luxury hotel in Hyderabad, by 2026. The company would be opening their flagship Forum Malls in … Read more

How contagious is it? – Firstpost

How contagious is it? – Firstpost

The word variant was synonymous with mathematics. However, in 2020, variant became associated with COVID-19 as the virus kept mutating. Since then, many variants have come and gone, infecting thousands and thousands of people across the world. Now, years after COVID first struck, a new variant has emerged — known as XEC — and it … Read more

Onion Prices Set To Stay High, Relief Unlikely Soon: ICICI Report

Onion Prices Set To Stay High, Relief Unlikely Soon: ICICI Report

Last Updated:November 14, 2024, 17:23 IST On November 6, the average wholesale onion price at Lasalgaon APMC hit Rs 5,656 per quintal, marking a five-year high last seen in December 2019 On Wednesday, the minimum and maximum wholesale prices of onion at Lasalgaon APMC were recorded at Rs 3,951 and Rs 5,656 per quintal, respectively. … Read more

Rupee falls 4 paise to close at all-time low of 84.43 against U.S. dollar

Rupee falls 4 paise to close at all-time low of 84.43 against U.S. dollar

The rupee traded in a tight range and fell 4 paise to close at an all-time low of 84.43 (provisional) against the U.S. dollar. File | Photo Credit: Reuters The rupee traded in a tight range and fell 4 paise to close at an all-time low of 84.43 (provisional) against the U.S. dollar on Thursday … Read more

BUSINESS LIVE: Burberry turnaround plan; United Utilities lifted by bill hikes; Young’s sees £11m Budget hit

BUSINESS LIVE: Burberry turnaround plan; United Utilities lifted by bill hikes; Young’s sees £11m Budget hit

By LIVE COMMENTARY Updated: 09:49 GMT, 14 November 2024 The FTSE 100 is down 0.1 per cent in early trading. Among the companies with reports and trading updates today are Burberry, United Utilities, Young’s, Aviva, Premier Foods and WH Smith. Read the Thursday 14 November Business Live blog below. > If you are using our … Read more

Burberry Profits Sink in First Half as New CEO Sets Out Fresh Strategy

Burberry Profits Sink in First Half as New CEO Sets Out Fresh Strategy

LONDON – Newly-installed chief executive officer Joshua Schulman unveiled a new “Burberry Forward” strategy for the troubled company, which posted a first-half operating loss of 53 million pounds on the back of a 22 percent decline in revenue to 1.09 billion pounds. Schulman, who joined Burberry in July following the departure of Jonathan Akeroyd, said … Read more