Office landlords in one of the world’s priciest real estate markets are seeing companies scale back their leased spaces...
Tag Archive for: may 4 2021
China’s economic output missed expectations in April, due in part to the worldwide shortage of computer chips, the Wall...
EUROPE’S BANKS PERMANENTLY SLASH BUSINESS TRAVEL
Support, , TRENDS ON THE GLOBAL ECONOMIC FRONT, may 4 2021, 0Several of Europe’s largest banks have decided to permanently reduce business travel by as much as half from pre-pandemic...
AUTOMAKERS FACING MONTHS-LONG CHIP SHORTAGE
Support, , TRENDS ON THE GLOBAL ECONOMIC FRONT, may 4 2021, 0Massive February storms in Texas and a 19 March fire at Japan’s Renesas Semiconductor Manufacturing Co. have left the...
As of 30 April, 875 initial public stock offerings raising at least $1 million each have been completed worldwide,...
EUROPE’S ECONOMY MOVES ON PICKUP IN VACCINE CAMPAIGN
Support, , TRENDS ON THE GLOBAL ECONOMIC FRONT, may 4 2021, 1During the week ending 25 April, Italy vaccinated 2.4 million citizens against COVID, 12 percent more than the week...
IT’S OFFICIAL: EUROPE IN DOUBLE-DIP RECESSION
Support, , TRENDS ON THE GLOBAL ECONOMIC FRONT, may 4 2021, 0As officials and analysts had predicted, first-quarter economic figures show that Europe entered a double-dip recession in the first...
WORLD’S LARGEST TECH SHOW TO RECONVENE IN JANUARY
Support, , TRENDS ON THE U.S. ECONOMIC FRONT, may 4 2021, 0CES, the world’s pre-eminent annual display of innovation in consumer electronics, will convene “in person” as customary in Las...
FACEBOOK REPORTS SHARP RISE IN REVENUES, PROFITS
Support, , TRENDS ON THE U.S. ECONOMIC FRONT, may 4 2021, 0Facebook’s first-quarter advertising revenues reached $26.44 billion, a 46-percent gain year-over-year that drove profits for the period to $9.5...
BIG TECH GETTING BIGGER, REAPING GREAT REWARDS
Support, , TRENDS ON THE U.S. ECONOMIC FRONT, may 4 2021, 0Alphabet Inc., parent company of Google and Youtube, saw first-quarter sales rise to a record $55.31 billion, spiking 34...
Encouraged by a successful vaccine campaign and consumers’ eagerness to spend, U.S. businesses will increase their advertising outlay by...
As we have been reporting, landlords with small holdings, typically individuals or couples, are banned by government orders from...
VENTURE CAPITALISTS GARNER RECORD PROFITS
Support, , TRENDS ON THE U.S. ECONOMIC FRONT, may 4 2021, 0Several venture capital firms have booked returns in recent months not seen in 20 years or more, a Wall...
In March, foot traffic in 52 shopping malls monitored by research firm Placer.ai was 86 percent greater than a...
Sales at McDonald’s U.S. restaurants open since the beginning of 2020 grew an average of 13.6 percent year over...
COMMERCIAL CONSTRUCTION SPENDING FALLS FOR FOURTH MONTH
Support, , TRENDS ON THE U.S. ECONOMIC FRONT, may 4 2021, 0Spending on nonresidential construction fell 1.1 percent in March from February, its fourth consecutive month of shrinkage, and reaching...
The American Hotel and Lodging Association (AHLA) says that 500,000 of the sector’s workers still will be unemployed when...
TECH GIANTS BIG WINNERS IN PANDEMIC ECONOMY
Support, , TRENDS ON THE U.S. ECONOMIC FRONT, may 4 2021, 0The combined yearly revenue of Alphabet, Amazon, Apple, Facebook, and Microsoft is $1.2 trillion, according to a New York...
With prices for raw materials climbing, Nestlé, Procter & Gamble, Unilever, and other makers of consumer staples have laid...