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Global Trade & Economics: Page 214
Supermarkets Offer More Store Brands to Lure Cost-Conscious Shoppers
Supermarkets typically make a higher profit margin on private-label goods than they do from selling branded products from heavyweight suppliers like Kraft Heinz and Unilever.
China Brings WTO Case on U.S. Chip Sanctions
China said the U.S. is engaging in economic protectionism that undermines trade rules and threatens the global supply chain.
Train Strikes Damage U.K.’s Retailers More Than Omicron
Retailers were already suffering as consumers pull back from spending on non-essential items amid higher living costs.
Russian Ship Insurer Says It Won't Fill Void Caused by Sanctions
The comments leave unanswered questions about how tankers moving Russia’s oil will get insurance if international firms don’t do so.
WTO Says Trump's U.S. Steel Tariffs Broke Global Trade Rules
The countries who brought the complaints are entitled, under WTO rules, to impose retaliatory tariffs on the U.S.
Walmart’s Payments Startup PhonePe Seeks to Raise $1 Billion
To prepare for an initial public offering, which the people said is at least 18 to 24 months away, PhonePe has flipped its headquarters to India from tax-friendly Singapore.
Car Sales in China Drop as COVID Lockdowns Kept Buyers at Home
China’s automotive industry, like most others, has been hampered by the country’s COVID Zero approach, which officials only recently started stepping away from.
China’s Heat Wave Is the Biggest Supply Chain Disruption of the Year: So, What’s the Solution?
Even though heat waves and natural disasters have been bringing the global supply chain to a grinding halt asynchronously over the years, it doesn’t have to continue this way.
Report Links Car Supply Chain to Forced Labor in China
The authors claim China's systematic repression of the Uyghurs and opaque supply chains has allowed the automotive industry to become reliant on abusive suppliers.
Germany Vows to Shield Infrastructure Against Russian Threats
New regulations will address and improve the physical protection of critical infrastructures on a federal level for the first time.
China Abandons Key Parts of Zero-COVID Strategy After Protests
People with COVID can now isolate at home rather than in state facilities if they have mild or no symptoms. They also no longer need to show tests for most venues, and can travel more freely inside the country.
Kroger Raises Profit Outlook as Regulators Weigh Albertsons Purchase
For Kroger, the next year is critical as it awaits the outcome of its proposal to buy Albertsons for $24.6 billion.
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