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Global Trade & Economics: Page 209
Global Oil Trade Shakes Up After Fires at U.S. Fuelmakers
The winner in the shake-up appears to be refiners in Asia, who are seeing shipments from Canada surge to the highest in more than a year.
Russian Oil Switching at Sea Gathers Pace in Wake of European Sanctions
Ship-to-ship transfers are a routine part of oil trading and those that are taking place are doing so in full view of satellite tracking systems.
IMF Chief Says Global Economic Outlook ‘Less Bad’ Than Feared
The prospects for China had brightened since the abandonment of the zero-COVID strategy, while strong labor markets had boosted consumer spending.
Walmart Starts E-Commerce Site to Target Small Businesses, Taking On Amazon
The Bentonville, Arkansas-based company is also offering Walmart Business+, a corporate counterpart to its Walmart+ membership program for individual consumers.
Five Challenges to Supply Chain Resilience in 2023
Bindiya Vakil, chief executive officer of Resilinc, lays out five trends and challenges to supply chains to watch for in the coming year.
Google Parent Firm Alphabet to Cut 12,000 Jobs Worldwide
Tech firms laid off more than 150,000 workers globally in 2022, with a further 38,800 layoffs already announced in 2023.
Wayfair is Laying Off 1,750 Workers
Wayfair, Amazon, Peloton Interactive and other companies saw business surge but are now slashing jobs.
Small Retailers Finally Get a Fighting Chance Thanks to a Roosevelt-Era Antitrust Law
Smaller retailers also see Robinson-Patman as a salve for another irritant: seeing empty shelves at their stores while larger rivals have plenty of merchandise.
France Hit by Disruptions as Unions Start Pension Strikes
Although Macron lost his outright majority in June’s parliamentary election, the conservative Republicains party has said it could back the pension bill under certain conditions.
Podcast | Why Private Equity Believes in the Logistics Industry
How can we tell that the logistics industry holds so much promise for investors? It’s where the money is.
Microsoft to Cut 10,000 Jobs in March as Tech Firms, Including Amazon, Thin Ranks
Sector reacts to post-pandemic shift in digital spending and gloomy economic outlook for 2023.
Warehouse Demand Remains Strong in Slowing Economy Says Prologis
Broader industry measures show leasing has slipped and vacancy rates rose at the end of 2022, but the declines are coming from record levels.
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