Mumbai: Maruti Suzuki’s continued dominance on Dalal Street as investors’ most preferred domestic automobile maker faces challenges with rival Hyundai Motor preparing for a debut on Indian bourses. The South Korean car maker’s listing in the country could weigh on the premium valuations that Maruti’s shares enjoyed over other auto companies so far, said fund … Read more
More than half of UK retailers and exporters have been affected by the disruption to Red Sea trade from Houthi rebel attacks on cargo ships, research by a leading business lobby group suggests. The price of shipping a container from Asia to Europe has gone up by as much as 300% for some businesses, while … Read more
Britain needs a 20-year cross-party consensus to level up the economy and unleash the untapped potential of regions outside London and the south-east, the former Labour shadow chancellor Ed Balls has said. Balls, one of five co-authors of an academic paper on bridging the UK’s regional divide, said it was vital that Labour and Conservative … Read more
LOS ANGELES (KTLA) — For a while, they looked to be the future of shopping. Grocery stores, home improvement stores and retail chains were all making room for those blinking green lanes of sweeping, modern shopping convenience (or so they said) — the self-checkouts where you become cashier and bagger. If you’ve ever visited Target … Read more
WASHINGTON (AP) — Inflation has changed the way many Americans shop. Now, those changes in consumer habits are helping bring down inflation. Fed up with prices that remain about 19%, on average, above where they were before the pandemic, consumers are fighting back. In grocery stores, they’re shifting away from name brands to store-brand items, … Read more
Oxford Street has begun to bounce back with the proportion of vacant shopsdown by 40% and almost a fifth of its troublesome candy and souvenir shops now closed. The revival of the central London shopping street has been spurred by a mix of factors, including: the full reopening of Tottenham Court Road station at its … Read more
Staff at the UKâs financial regulator could be forced to rely on a hardship fund to make up for their âobjectively low payâ, according to a union. Unite said a failure to address the salary shortfall at the Financial Conduct Authority (FCA) risked embarrassing the watchdog, whose workers supervise some of the countryâs largest banks … Read more
A man with a paper bag of groceries looks surprised and upset at a receipt from a supermarket with high prices against the background of an escalator with customers in the shopping center. Elena Perova | Istock | Getty Images Just ahead of the holiday season, Walmart had encouraging news for inflation-weary shoppers: Prices on … Read more
Sitting in slow-moving traffic on the M1 the other day, I found myself looking at an enormous Amazon warehouse. It took 10 minutes to get past it, a testament both to its size and the dysfunctional nature of the nation’s motorway network. It looks horrible because, by convention, we don’t tend to beautify warehouses. Victorian … Read more
Royal Mail is being sued for classifying delivery drivers as self-employed, enabling it to avoid paying sick pay and the minimum wage, in a case that mirrors a landmark gig economy legal ruling against Uber. The Royal Mail drivers allege that the practice means Parcelforce â the companyâs parcel delivery subsidiary â can also make … Read more
