Group items tagged

Year-on-year total retail employment in the UK has declined by 2.4% during the first quarter of this year (Q1 2019), according to a report by the British Retail Consortium (BRC).

This residential energy storage market growth can be attributed to factors such as declining cost of batteries, regulatory support and financial incentives, and the need for energy self-sufficiency from consumers. According to the new market reseach "Residential Energy Storage Market is projected to reach USD 17.5 billion by 2024 from an estimated USD 6.3 billion in 2019, at a CAGR of 22.88% during the forecast period. This growth can be attributed to factors such as declining cost of batteries, regulatory support and financial incentives, and the need for energy self-sufficiency from consumers.

Currently, the global stainless steel industry is going through difficult times, as prices of raw materials are increasing on one hand, and at the same time demand has been on a declining trend. Profitability of both manufacturers and traders of pipes and plate products have reduced significantly compared to the past two years. I have been speaking to many traders of pipes, plates and fittings about their business conditions and the most common answer I get is "Current business is even worse than what we experienced in the recession of 2008". It is not just the case with European or US manufacturers of stainless steel products, the effects of declining demand is being even faced by Chinese and Asian manufacturers. Nickel and ferro chrome prices are the driving factor for determining prices of stainless steel products. While, Nickel prices on the London Metal Exchange have been very volatile, ferro chrome prices have been recently increased by 12.5% by miners across economies. On account of an increase in ferro chrome prices, some manufacturers have already announced an increase in prices, while others are planning to increase the prices. Stockholders and buyers of products such as stainless steel sheets, plates, pipes, bars, fittings and flanges have been become highly risk averse and cautious while placing purchase orders with mills, especially in case of Asian stock holders who import these products from Chinese or Indian mills. The global speculation activity in metals has had a major impact on the buying patterns of consumers in Asian economies. Going forward, we expect the market to remain lack luster, with buyers staying on the back seat and purchasing in smaller quantities, to avoid major losses due to fluctuations in prices of Nickel and other raw materials. Although prices in the Indian market have remained stable, but selling big quantities of stainless steel plates, pipes and fittings has become difficult because of the risk averse attitude of traders

Concerns of a slowdown in the Chinese economy led to a selloff in major base metals including copper, aluminium and nickel. Even precious metals such as gold and silver were not spared. The key question is who to trust at times when gold is also on a freefall. This week global financial markets started with another round of selling, as investors turned risk averse following disappointing Chinese economic data. The Chinese Economy grew 7.7% during the first quarter of 2013, compared to the same period last year, missing economists' expectations of 8% growth. Growth also slowed compared to the last quarter of 2012, when it stood at 7.9%, raising expectations of a slowdown in the Chinese economy, which is a bearish signal for the global financial markets, especially base metals. Growth in Chinese industrial production also disappointed, with a reading of year on year growth of 8.9% in March compared to a 9.9% growth recorded in the previous month. Markets were expecting a growth of 10.0 year on year. Traders had expected China to post better results, as consumer spending had improved and Chinese government had also infused liquidity in the domestic financial system to aid growth. We expect the Chinese government to avoid a monetary tightening policy to aid growth in the coming months. Nickel prices were trading at around USD 15,500 / metric ton down around USD350 compared to the closing on Friday. The fall in nickel prices and weak Chinese economic data has come as a surprise to many stainless steel users and stockholders in emerging economies, as they had made material bookings for stainless steel seamless pipes, Stainless Steel Pipe Fittings and stainless steel strips in the last week,. They had anticipated Nickel prices of USD16000 / metric ton as bottom pric

China and Hong Kong stocks traded lower, burdened by losses in U.S. and European markets and technical selling after blue chips fell below the 250-day moving average.

Annual food inflation declined to 16.61 percent for the week ended April 17 from 17.65 percent a week ago due to a fall in prices of fruits, vegetables and some coarse cereals, official data showed on Thursday.

Mobile services provider Idea Cellular on Monday said its net profit for the January-March quarter of the 2009-10 financial year slipped to Rs.262.49 crore from Rs.297.27 crore in the same period a year ago.

Middle of the road retailers have been suffering in the current economy as the decline in expendable income in its main demographic has a negative impact on sales. These three stores are cutting back on under performing locations to help return to strength.

Compliance and enforcement actions by the US Food and Drug Administration (FDA) have dramatically declined under the Trump administration, with medical devices seeing the steepest drop, according to a new report.

"MELBOURNE, Oct 31 - Australian shares rose 0.7 percent on Wednesday, the highest close in a week, as a rebound in copper prices boosted miners, although National Australia Bank lost ground after a decline in its cash earnings."

"WORKING excessive hours is declining, with the number of employees working 40 or more hours a week dropping from 47.16 per cent in 2006 to 46.33 per cent in 2011."

Demand for China-made goods has gone down by 45% this Diwali, with many retailers abstaining from keeping stock following the boycott call in the country

Global wine production this year is slated to decline to its lowest level in two decades due to various climatic events such as El Nino.

Finance Minister Arun Jaitley on Saturday expressed hope that the Reserve Bank will keep in mind the decline in retail inflation while deciding on interest rates at its policy review meeting on October 4. "I expect when the policy review takes place next month then RBI, and hopefully if MPC is constituted by then

The gold imports of India remained stagnant in the month of November at around 100 tonnes, despite decline in jewellery sales due to the cash crunch owing to the government's demonetization initiative.

China's November imports grew at 6.7% year-on-year, the fastest pace in over two years, led by a strong pick up in domestic demand of commodities including coal and iron ore, while exports also rose marginally, thereby reflecting a pickup in Chinese and global markets demand.

India's foreign exchange reserves declined by $56.8 million to $362.73 billion in the week to February 17, on account of dip in foreign currency assets (FC

Hong Kong closed lower for the fourth time this week amid worry over slowing Chinese economic growth and signs of weakness in Europe.

Hong Kong stabilized after last week's declines but most investors stayed on the sidelines because of concern over Chinese economic weakness and unimpressive corporate results.