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Global Trade & Economics: Page 204

2022 Holiday Spending Higher than Forecast, Says ACI Worldwide

While inflation accounted for much of the rise in holiday spending, the data shows a steady uptick in transactions, with many consumers buying goods and services via mobile devices.

Photo: iStock/Drazen Zigic

Japan, Netherlands Agree to Limit Exports of Chip-Making Equipment to China

The agreement is a result of the Biden administration’s effort to widen export controls on companies with critical technologies.

Photo: iStock.com/Mykola Pokhodzhay

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.

Photo: Bloomberg

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.

Photo: Bloomberg

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.

Photo: iStock.com/krblokhin

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.

Photo: Bloomberg

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.

Photo: iStock.com/Dzmitry Dzemidovich

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.

The new building at Google Bay View campus in Mountain View, CA, May 26, 2022. Photo: iStock.com/JHVEPhoto

Wayfair is Laying Off 1,750 Workers

Wayfair, Amazon, Peloton Interactive and other companies saw business surge but are now slashing jobs.

Photo: iStock.com/style-photography

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.

Photo: Bloomberg

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.

Workers board up a store ahead of a demonstration, in Paris on Jan. 19. Photo: Bloomberg

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.

Cash Old

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How a Leading U.S. Floral Distribution Company Reduced Warehouse Labor Costs by 45% with RFID

Recycled Tagging Fasteners: Small Changes Make a Big Impact

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Enhancing High-Value Electronics Shipment Security with Tive's Real-Time Tracking

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