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19.08.25 - 04:01
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Packaged foods see demand boost (Times of India)
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India's packaged foods sector anticipates a boost from proposed GST rate rationalization, potentially igniting Diwali sales. The government plans to consolidate GST slabs, primarily reducing rates on consumer goods to stimulate spending. Experts believe lower prices will revitalize urban demand and increase purchasing power, benefiting both consumers and FMCG companies, ultimately fueling economic growth....
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18.08.25 - 20:13
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The Guardian view on food and farming: climate chaos hits crops hard – and that should worry everyone | Editorial (The Guardian)
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Last year's floods have been followed by heatwaves. Ministers must throw their weight behind resilient, adaptable agricultureBritish farmers are, of course, not the only people who are suffering from the effects of this summer's heatwaves. Across Europe and the Middle East, record-breaking temperatures are threatening lives as well as livelihoods. France has experienced its largest wildfire since 1949, while across Europe an estimated 500,000 hectares of land have burned.But farmers are particularly vulnerable to extreme weather, which has a direct impact on crop yields. So reports of a second consecutive year in which food growers in parts of the UK are seeing dramatic falls in production should concern the British public. Access to food is frequently taken for granted in the world's wealthiest nations. But increased food insecurity is among the dangerous effects of the climate crisis, as well as being worsened by Trump's tariffs, and geopolitical instability including the war in Ukraine.Do you have ...
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18.08.25 - 17:36
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Washington DC restaurants suffer sharp drop in diners since Trump crackdown (The Guardian)
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Eating out drops by up to 31% amid federal takeover of policing that Democrats call 'stunt' to distract from EpsteinUS police – live updatesThe number of people eating at restaurants in Washington DC has plummeted since Donald Trump deployed federal troops to the city, according to data, as the president's purported crackdown on crime continues.Research by Open Table found that restaurant attendance was down every day last week compared with 2024, with the number of diners dipping by 31% on Wednesday, two days after Trump ordered the national guard to patrol Washington. Continue reading......
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18.08.25 - 14:20
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Gebrauchte Rolex- und Patek-Uhren sind Lichtblicke in der krisengeschüttelten Uhrenwelt (Cash)
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Der Markt für gebrauchte Luxusuhren verzeichnete sein bestes Halbjahresergebnis seit Anfang 2022... --- Der Primärmarkt für Uhren hingegen leidet. Die Schweizer Uhrenexporte gingen im Juni um 5,6 Prozent zurück und setzten damit eine einjährige Talfahrt fort, die zu Rückgängen bei den Lieferungen in die USA, dem grössten Exportmarkt, geführt hat. Uhrenhersteller wie Rolex, Patek Philippe und Audemars Piguet kämpfen ebenfalls mit den Folgen eines stärkeren Schweizer Frankens und einer allgemeinen Schwäche der Luxusgüternachfrage.. --- Trumps Handelskrieg hat die Lage noch verschärft. Die Schweiz leidet unter der Einführung des 39-prozentigen Zolls durch die USA, dem höchsten Zoll in der entwickelten Welt..
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18.08.25 - 08:36
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JD.com quarterly sales beat expectations but food delivery foray slices profit (SCMP)
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JD.com's revenue grew a faster-than-anticipated 22 per cent in the June quarter, benefiting from government-directed consumer subsidies as well as an aggressive drive into new arenas such as food delivery.
The Nasdaq-listed shares of China's top online retailer by revenue rose about 1 per cent in pre-market US trading.
The Beijing-based company reported sales of 356.7 billion yuan (US$49.7 billion) for the quarter ended June 30, about 6 per cent above projections.
Net income halved to 6.2......
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15.08.25 - 12:24
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Online fashion retailer Shein′s UK sales leap by a third to more than £2bn (The Guardian)
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Profits rise 56% to £38.2m in 2024 as company overtakes British rival Boohoo and closes in on AsosShein, the online fast-fashion retailer founded in China, increased sales in the UK by about a third to more than £2bn last year, overtaking the British rival Boohoo and closing in on Asos.The company, which had been considering a £50bn float on the London Stock Exchange but is now expected to list in Hong Kong, said profits rose 56% to £38.2m last year on which it paid £9.6m corporation tax, according to accounts filed at Companies House this week. Continue reading......
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