Biden proposes $2 trillion -once-in-a-generation- investment in U.S. economy

Biden’s proposal would put corporate America on the hook for the tab for projects putting millions of Americans to work building infrastructure such as roads as well as tackling climate change and boosting human services like elder care.”It’s a once-in-a-generation investment in America, unlike anything we’ve seen or done,” Biden said in Pittsburgh. “It’s big, yesคำพูดจาก สล็อตเว็บตรง. It’s bold, yes. And we can get it done.”

Biden’s second multi-trillion dollar legislative proposal in two months in office aimed to provide support to an economy walloped by the coronavirus pandemic. It also promised to shore up labor unions and the country’s resilience to climate change,…

Alibaba and other China heavyweights eye Turkey assets after lira plunge, source say

The talks in Istanbul started in mid-August, when Turkey was at the height of its currency crisis, four sources said, declining to be identified because the information has not been made public.In addition to Alibaba, which earlier this year purchased Turkish online retailer Trendyol, other companies holding talks included China Life Insurance and conglomerate China Merchants Group, three of the sources said.

“We met four Chinese groups in just a week. They held more than 20 meetings,” one of the sources said, adding that the meetings had been arranged by top U.S. investment banks.”They are looking into nearly everything.”Alibaba declined to comment on future investment plans. China Life Insurance did not respond to request for commentคำพูดจาก

Coronavirus outbreak in China could impact world economy, luxury industry in particular

If consumption expenditure in China, notably in travel and leisure, was to drop by 10%, the country’s GDP growth could be reduced by approximately 1.2 percentage points, according to rating agency Standard & Poor’sคำพูดจาก สล็อตเว็บตรง. “Consumers will probably avoid public areas” and “sectors linked to household expenditure are expected to be the worst hit,” stated the agency. Enough to aggravate the loss of momentum in China’s economy: last year, growth stood at 6.1%, the weakest in nearly 30 years, and Beijing is relying on consumption expenditure, which accounted for 3.5 percentage points of the country’s growth, to offset this.“At the worst time [of the …

China’s importers apply for tariff waivers on U.S. goods

A list of goods on which waivers may be granted includes meats such as beef and pork, soybeans, coal and copper scrap, according to a ministry website.The waivers are for tariffs imposed in July last year on $50 billion (£39.4 billion) worth of U.Sคำพูดจาก สล็อตเว็บตรง. goods in retaliation for similar measures taken by Washington.Beijing has since imposed additional tariffs on thousands of goods as a bitter trade war has esclated.

“We’re preparing our application, we’ll soon submit our materials,” said Shi Lei, a manager at meat importer Beijing Hopewise. “This is good news for us.”Beijing said last month that it would start a waiver programme, amid growing worries over th…

France, US set two-week target for resolving digital tax spat

Washington has threatened to impose duties of up to 100% on imports of champagne, handbags and other French products worth $2.4 billion after a U.S. government investigation found the French tax would harm American technology companies.“I had a long talk with U.S. Treasury Secretary Steven Mnuchin. We have decided to step up efforts to try and find a compromise, within the OECD, on digital tax,” Le Maire told reporters after a meeting in Paris with EU Trade Commissioner Phil Hogan.

“We gave each other precisely 15 days, until our next meeting, which is planned on the sidelines of Davos at the end of January,” the minister said, referring to the World Economic Forum that is held in the Swiss ski resort.France decided in July to apply a 3% levy on revenue from digital servic…

‘I Love Linen’ campaign heads for London

From 13th April to 13th May, the operation’s logo will have pride of place at a number of London retailers, including department stores John Lewis in Oxford Street and Peter Jones in Sloane Squareคำพูดจาก สล็อตเว็บตรง. Natural fibres will also play a leading role in the ‘Fashioned From Nature’ exhibition at London’s prestigious Victoria and Albert Museum, opening on 21st April and scheduled until January 2019, and also supported by CELC.In parallel, a specialist project was launched last October by CELC with the Chelsea College of Art, whose third year students are being taught how to use linen in their creations. CELC is also planning to extend this kind of training to…

J&J looks at job cuts despite weathering inflation impact

J&J Chief Financial Officer Joseph Wolk said the U.Sคำพูดจาก สล็อตเว็บตรง. healthcare conglomerate is looking at “right sizing” itself, particularly as it moves from being a three-segment business to a two segment business through the spinoff of its consumer unit.That business, which will be called Kenvue and hold many of the company’s best known brands like Band-Aid bandages and Tylenol, is set to be spun out late next year.คำพูดจาก ทดลองใช้ สูตรสล็อต

J&J said it was not immune to the affects of inflation on its business and the impact of a strong dollar, despite …

Nike publishes 2020 Impact Report, sets new targets for 2025

 In 2020, in line with its sustainable commitments, Nike launched its Supplier Climate Action Program, which seeks to promote carbon reductions at its material and finished goods manufacturers. And, according to its Impact Report, the Beaverton, Oregon-based sportswear group has already seen solid progress in its supply chain. The company currently uses 100% renewable energy in its owned and operated facilities in the U.S. and Canada, while its textile dyeing and finishing suppliers have reduced their freshwater usage by 30%, a decrease which significantly exceeds Nike’s target for 2020.

The group’s Tier 1 finished goods footwear suppliers also diverted 99.9% of the company’s manufacturing waste from landfill in 2020. Community-focused projects launched by Nike over the c…

E-fashion sales strong in March but unpredictable customer behaviour ahead

 But first, the general figures. In a tough period, overall UK online retail sales fell 25.5% year-on-year in March, up against high growth of 57% in March 2021. And importantly, the report came with a warning that there’s a “general sense among retailers that customer behaviour is becoming increasingly unpredictable”.

It noted that “there are strong headwinds facing the sector, with cost-of-living pressures and record high fuel prices affecting consumer confidence as well as increasing operational and supply costs for retailers”.  However, it said month-on-month trading patterns appear to be in line with expectations for this time of year so far, with some weeks weaker than expected and others strongerคำพูดจาก

Swatch Group free to supply watch movements, says Swiss watchdog

The decision resolves a year-long tussle between the world’s biggest watchmaker and its main competitor in mechanical watch movements, Sellita.Alternative suppliers for mechanical watch movements – the tiny mechanisms that make timepieces tick without a battery – had emerged since 2013, WEKO said in a statement, but Swatch Group’s movement unit ETA was dominant because of its production capacity.คำพูดจาก สล็อตเว็บตรง

Swatch Group said it had taken note of the decision.Sellita head Miguel Garcia said it was important that ETA was still seen as dominating the market as that meant it had to abide by competition laws.Shares in Swatch Group rose 6.5% by 1500 GMT, …