I knew something was amiss when the taxi meter read 10.50 euros as we pulled away from the Roma Termini train station. While negotiating the evening rush hour traffic and typing into a translation app on his cell phone, the cab driver suggested the starting fare included a surcharge for all rides from Rome’s main … Read more
On top of food inflation and shrinkflation, consumer analysts are warning customers about the rise of another issue: skimpflation. “Skimpflation is basically when a manufacturer decides to reformulate a product usually using cheaper ingredients,” consumer watchdog Edgar Dworsky told Global News. Dworsky has been analyzing food products in the United States and has been posting … Read more
Grocery items are offered for sale at a supermarket on August 09, 2023 in Chicago, Illinois. Scott Olson | Getty Images When Kyle Connolly looks back at 2023, she sees it as a year defined by changes and challenges. The newly single parent reentered the workforce, only to be laid off from her job at … Read more
Anand Mahindra can’t wait to get back home from the US because all the action is happening in India with a new, stable government led by Narendra Modi in place. Hours after chairing a board meeting of Mahindra & Mahindra at midnight US time, the company’s chairman and MD spoke on Saturday to Satish John … Read more
The central government has complete power with a clear mandate, but directives from the Centre have to be executed well at the state level. So, there are many things that are still not in Modi’s hands, says Raamdeo Agrawal, Joint Managing Director, Motilal Oswal Financial Services in an interview with Narendra Nathan and Sanket Dhanorkar. … Read more
ET Now caught up with KV Kamath, Chairman, ICICI Bank, for his expectations from the Narendra Modi government as well as the Budget. Excerpts: ET Now: Talking of expectations from Narendra Modi, do not you think too much hope and money in essence is riding behind one man? Despite his good intentions, there are structural … Read more
Few names exude “quiet luxury” like the ultra-luxe Aman Resorts. Its hotels bear its moniker: from Amanoi in Vietnam, to Aman Sveti Stefan in Montenegro and the hotel that started it all — Amanpuri in Phuket, Thailand. Fans of the brands — known as ‘Aman Junkies’ — are accustomed to paying its top-dollar rates, which … Read more
Commercial vessels are now able to safely pass through the Red Sea with the help of a new security initiative, the world’s largest shipping firm has announced. Maersk said in a press release Sunday that it has received confirmation that U.S.-led Operation Prosperity Guardian (OPG) has been set up and deployed, allowing commerce to safely … Read more
A subtle change is set to take effect on Australian banknotes, as Michele Bullock takes over as governor of the Reserve Bank of Australia (RBA). Bullock, the ninth RBA governor and first female to take on the job, stepped into the role officially on September 18. The role was previously held by Philip Lowe, who … Read more
Copper mines like Rio Tinto’s Bingham Canyon mine on the outskirts of Salt Lake City are on the frontline of America’s transition to clean energy. Global demand for copper, a major component of electric vehicles, is expected to grow from 25 million metric tons to nearly 49 million metric tons by 2035, according to S&P … Read more
