Retail sales increased a modest 3% during a longer holiday season this year, as homebound shoppers spent more on furnishing and food but less on clothing and jewelry, according to figures released Saturday by a firm that tracks all forms of payments. The increase fell short of predictions from the National Retail Federation, the nation’s […]
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If a family member is infected by COVID-19, statistically their symptoms will not warrant a visit to the hospital. Even with more severe symptoms, most people will be considered low priority and not eligible for a bed, as hospitals remain overwhelmed with limited bed space and a shortage of staff. If living in a separate […]
Japan aims to eliminate gasoline-powered vehicles in about 15 years, the government said Friday in a plan to achieve Prime Minister Yoshihide Suga’s ambitious pledge to go carbon free by 2050 and generate nearly $2 trillion growth in green business and investment. The “green growth strategy” urges utilities to bolster renewables and hydrogen while calling […]
MADRID — Spanish authorities say the first batch of the coronavirus vaccine to reach the country has arrived. The government said Saturday morning that a truck transporting the vaccine produced by Pfizer arrived at a company warehouse in the central city of Guadalajara after making the trip from Belgium. It is the first part of […]
Just when we thought we were in the clear, coronavirus pulls us back in. A new modified strain of the virus has been identified in the UK, forcing the nation into a T4 lockdown. Following news of the new coronavirus strain outbreak, Asian stocks fluctuated and in parallel, a long-awaited second stimulus bill was announced […]
A huge surge in online shopping during the pandemic has been a savior for retailers, but it comes at a price. Shoppers are expected to return twice as many items as they did during last year’s holiday period, costing companies roughly $1.1 billion, according to Narvar Inc., a software and technology company that manages online […]
It’s no mystery that telecoms is a highly competitive industry, with telcos offering everything from better minutes, data, packages, and the like at lower costs to lure in customers to their networks over the other. While these strategies have been implemented far and wide to increase subscriber counts, they aren’t as viable in today’s competitive […]
China is ramping up its scrutiny of the practice of community group buying, summoning some of the nation’s largest tech companies for discussions as part of an anti-monopoly push. Community group buying allows groups of people living in the same town or region to buy groceries and other items in bulk at a discounted rate, […]
Nigeria’s Communications Commission (NCC) has extended the deadline for telcos to register mobile phone users who link their mobile SIM cards with their national ID numbers, according to a statement by the country’s ministry of communications and digital economy. The NCC had previously announced a week prior that telecoms operators would be given until December […]
Saudi Arabia’s capital city, Riyadh, has been named one of the top 20 cities to watch for its high achievement and development within the FinTech space worldwide, according to a report by research organization Startup Genome. Bahrain and Riyadh were the only GCC-based countries that were mentioned in the report, with Silicone Valley, New York, […]