Recent Posts

Asia’s top currency helps Thai iPhone retailer lead the world

Bloomberg While Thailand’s surging currency is squeezing exporters, the nation’s largest consumer-electronics retail chain is benefiting as the strong baht attracts customers by making iPhones and Samsung smartphones cheaper. Com7 Pcl’s 72% total return this year through Monday on its stock ranks as the world’s best performance among electronics sellers with a market value of at least $500 million, according ...

Read More »

Russian steel giants plan to go online with European sales

Bloomberg As European steel demand comes under growing pressure, two big suppliers to the bloc are betting on online stores to help attract new clients. It may not sound like a groundbreaking plan — Internet shoppers around the world can already order anything from a prefabricated house to a human skull — yet European steel buyers still make most purchases ...

Read More »

UK budget deficit soars

Bloomberg UK government borrowing surged in the first four months of the fiscal year, a reminder of the vulnerability of the public finances as Britain braces for a no-deal Brexit. The budget deficit between April and July stood at 16 billion pounds ($19.4 billion), 60% more than the same period last year, Office for National Statistics figures published on Wednesday ...

Read More »
Send this to a friend