Shoppers and retailers set for ‘challenging’ 2024, says BRC
The British Retail Consortium says shoppers will still be squeezed by higher living costs this year.
The British Retail Consortium says shoppers will still be squeezed by higher living costs this year.
In an interconnected world where businesses span continents and markets are as global as your local supermarket’s produce section, the supply chain is the unsung hero of our modern economy. However, recent years have shown that this complex web of logistics and commerce is more fragile than previously thought. Let’s dive into the tumultuous waves…
The world’s oil cartel agreed to slash production of crude by nearly 2 million barrels per day starting in January, a move likely to ratchet up geopolitical tensions with the United States and spike energy costs. At its Thursday meeting, the 13-member Organization of the Petroleum Exporting Countries and its 10 Russia-led allies, which together…
In the 20th century, oil was the resource most likely to spark global conflict. In the 21st, that resource may well be water. As climate change reshapes rainfall, glaciers, and river flows, fresh water—once taken for granted—is becoming a source of growing geopolitical tension. Rivers that sustain millions of people are now at the center…
The crew members of the Artemis 2 mission of the U.S. space agency NASA, left to right, Reid Wiseman Victor Glover, Christina Koch and Jeremy Hansen, stand at a press event in the ArianeGroup building. Hauke-Christian Dittrich | Picture Alliance | Getty Images NASA is pushing back the schedule for upcoming missions of its flagship…
President Biden will not run for re-election during a tumultuous year that will see parts of the country suffer rolling blackouts, the release of an inhaled COVID vaccine and a boycott over driverless cars, a top JPMorgan Chase strategist predicted. Michael Cembalest, who heads the market and investment strategy unit in the Wall Street bank’s…
Robin Hayes, CEO of JetBlue Airways, speaks to guests following the airline’s inaugural flight from John F. Kennedy Airport in New York to London Heathrow Airport in London on Aug. 12, 2021. Chris J. Ratcliffe | Bloomberg | Getty Images JetBlue CEO Robin Hayes will step down next month, the company said Monday. The airline’s…