IKEA: SALES AND PRICES UP, PROFITS DOWN Although online and in-store sales rose 6 percent to a record €49.1...
Tag Archive for: nov 9 2021
DRUG MAKER NOVARTIS TO SELL ITS STAKE IN ROCHE Swiss drug giant Novartis will sell its roughly one-third ownership...
Lufthansa, Germany’s flagship airline, reported €17 million in third-quarter earnings, before interest and taxes. The airline filled 19.6 million...
Facebook—oops, we mean Meta—may open physical stores around the world to introduce the public to its augmented and virtual...
On 5 November, a unit of China’s debt-plagued Evergrande Group property development company made a last-minute, $83.5-million bond payment...
OPEC+ REJECTS WORLD’S PLEA FOR MORE OIL
Support, , TRENDS ON THE GLOBAL ECONOMIC FRONT, nov 9 2021, 3On 4 November, the Organization of Petroleum Exporting Countries and its affiliates (OPEC+) approved a 400,000-barrel-per-day increase in oil...
The number of ships anchored outside the ports of Long Beach and Los Angeles has risen from about 60...
Stock prices in emerging nations have remained flat through 2021, in contrast to soaring markets in the developed world,...
In October, the U.S. economy’s service sector reported its strongest growth ever, according to the Institute for Supply Management’s...
U.S. households paying the nation’s median monthly rent of $1,179 in August needed 30.3 percent of their incomes to...
U.S. LOST TRADE WAR. DEFICIT HITS NEW HIGH
Support, , TRENDS ON THE U.S. ECONOMIC FRONT, nov 9 2021, 2Go back to the Trump years, when the word on The Street, nearly every time stock prices moved lower,...
531,000 NET NEW JOBS ADDED IN OCTOBER, BUT UNEMPLOYMENT STILL HIGH
Support, , TRENDS ON THE U.S. ECONOMIC FRONT, nov 9 2021, 1The U.S. unemployment rate dropped to 4.6 percent in October as the economy added 604,000 new private-sector jobs, bringing...
BOND TRADERS BETTING INTEREST RATES WILL RISE SOONER
Support, , TRENDS ON THE U.S. ECONOMIC FRONT, nov 9 2021, 2Bond traders largely had accepted central banks’ assurances that high inflation is “temporary” or “transitory” and bought and sold...
FED WINDING DOWN BOND PURCHASE PROGRAM: JOKERS WILD
Support, , TRENDS ON THE U.S. ECONOMIC FRONT, nov 9 2021, 1The U.S. Federal Reserve has announced plans to begin closing down its program, begun in March 2020, of buying...
Hybe, the South Korean recording label behind global favorite K-pop boy band BTS, has partnered with the country’s biggest...
NEW YORK’S NEW MAYOR TAKES PAY IN BITCOIN, CHALLENGES MIAMI
Support, , TRENDS IN CRYPTOS, nov 9 2021, 4“In New York, we always go big, so I’m going to take my first THREE paychecks in Bitcoin when...
The Syrian state news agency SANA reported that Monday night, missile strikes from Israeli warplanes flying over Lebanon targeted...
MILITARY COUPS IN AFRICA HIT SPIKE. WORST IS YET TO COME
Support, , TRENDS IN GEOPOLITICS, nov 9 2021, 0The Trends Journal has warned for months that COVID-19 lockdowns will lead to outbreaks of violence in countries that...
The COVID-19 War was launched by China in January 2020, during its Lunar New Year, the Year of the...
Two of the Federal Reserve's regional presidents, Robert Kaplan of the Dallas district and Eric Rosengren of the Boston...