Dr. Martens Plunges After Fresh Profit Warning

Dr. Martens (LON:DOCS) stock plunged at the open on Thursday to a new all-time low, after the bootmaker was forced to cut its forecasts once again in response to problems in North America. Dr. Martens said a variety of operational problems had created a bottleneck at its new distribution center in Los Angeles, leaving U.S. sales well below expectations in the third quarter of its fiscal year. As a result, it now expects revenue to…

"Dr. Martens Plunges After Fresh Profit Warning"

China’s Dec Home Prices fall, More Supportive Policies Likely

China’s new home prices fell again in December as COVID-19 outbreaks hurt demand, with Beijing expected to roll out more measures to help sustain the recovery after the dismantling of pandemic curbs last month brightened the outlook. New home prices dropped both in monthly and annual terms, with continued weak demand a constraint to a steady recovery. Analysts say the property sector is showing signs of recovery, but it remains uneven and more supportive policies…

"China’s Dec Home Prices fall, More Supportive Policies Likely"

Weekly Comic: China’s Precarious Reopening

China’s dash for herd immunity from COVID-19 may not be the miracle cure for its economic ills that markets seem to think. Global markets have owed their bright start to the year largely to hopes that the world’s second-largest economy will quickly reap the benefits of dropping the harsh public health restrictions that slowed the country’s growth to a crawl over the last two years. Hong Kong stocks, the gateway to China for many foreign…

"Weekly Comic: China’s Precarious Reopening"

Major Fire Hits Chilean Port, Codelco Operations Unaffected

A major fire broke out at Chile’s Ventanas port near a refinery and smelter belonging to state-run miner Codelco, but the company said on Thursday operations have not been affected. Meanwhile, a separate forest fire south of Ventanas near the coastal tourist city of Viña del Mar raged, killing at least two people while destroying some 200 homes, according to an interior ministry official. That fire has consumed 272 acres (110 hectares) so far, the…

"Major Fire Hits Chilean Port, Codelco Operations Unaffected"

Takeaways And Things You See and Explore at Education Expo Dubai 2022-23

Organizing College or University Expo Is a Great Way to Provide an Opportunity for Global Students to Find Their Dream College. An Education Expo Helps You in This. To Help You Learn More About Education Expo, We Have Included Topics You Should Know About College Expo. What Is Education Expo Dubai 2022-23 A Best Education Expo Dubai 2022-23 Is One Such Expo That Bridges the Gap Between Educational Institutions and Prospective Students. An Education Expo…

"Takeaways And Things You See and Explore at Education Expo Dubai 2022-23"

Inflation top Worry For G20 Countries -Survey

Runaway inflation, an unfolding debt crisis and cost-of-living problems pose the biggest threats to doing business for G20 countries in the next two years, data from the World Economic Forum showed on Monday. Inflation has surged to levels not seen in several decades, prompting a third of G20 countries to identify rising prices as their top concern, the Executive Opinion Survey conducted by the World Economic Forum’s Centre for the New Economy and Society showed…

"Inflation top Worry For G20 Countries -Survey"

Global Food Security on The Edge as Russia Exits Grain Deal

How much of a price jump is harder to predict since the safe-passage deal was already set to expire in mid-November if no agreement is reached to extend it Traders are bracing for a fresh spike in grain prices after Russia’s exit from a deal allowing Ukraine crops to move from the Black Sea to the countries most in need of them roils markets anew. The sudden move by Russia has left leaders scrambling to…

"Global Food Security on The Edge as Russia Exits Grain Deal"

PM Modi to Visit Kedarnath-Badrinath Today, Tight Security In Place

Prime Minister Narendra Modi will visit Kedarnath and Badrinath today during which he will inspect various ongoing development works and also lay foundation stones for some new projects In view of the visit, security arrangements have been tightened in the area, an official said While the officials are busy finalizing the preparations for the two-day program of the prime minister, the priests of both the Dhams and the devotees are also excited by his arrival.…

"PM Modi to Visit Kedarnath-Badrinath Today, Tight Security In Place"

Oil Prices Tread Water Between Tightening Supply, Recession Fears

Oil prices were muted on Tuesday as markets weighed signs of tightening crude supply against increasing fears that a global economic slowdown will erode crude demand this year Crude markets marked a slow start to the week, retaining most of last week’s losses amid growing signs that the United States will enter a recession within the next 12 months, according to Bloomberg economists The dismal forecast comes amid rising inflation in the country, with steep…

"Oil Prices Tread Water Between Tightening Supply, Recession Fears"

GOLD SET FOR WEEKLY LOSS ON FED JITTERS; INDUSTRIAL METALS GAIN

Gold prices fell on Friday and were set to close the week lower amid fears of more interest rate hikes by the Federal Reserve, while signs of tightening supply helped copper and aluminum prices weather a worsening economic outlook Bullion prices sank well below $1,650 on Thursday – a key support level – after U.S. CPI inflation data read higher than expected for September. But they then rebounded sharply, tracking a broader risk-on rally that…

"GOLD SET FOR WEEKLY LOSS ON FED JITTERS; INDUSTRIAL METALS GAIN"