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Amazon’s post-Covid cutbacks draw ire of Vietnamese supplier

Bloomberg Amazon.com Inc faces a $280 million lawsuit from a Vietnamese manufacturer of warehouse storage systems that alleges the e-commerce giant abruptly scaled back orders after online spending growth cooled this year, leaving the manufacturer saddled with excess production capacity and raw materials. Gilimex Inc said it was a key partner of Amazon from 2014 to 2022, investing tens of ...

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Revenge spending is trumping inflation in Indonesia

  Bloomberg Revenge spending is trumping inflation as Indonesians snap up batik clothes, footwear, and cosmetics post-pandemic, according to one of the nation’s biggest department store operators. Office and party wear — including the nation’s traditional batik attire typically used for formal occasions — are flying off the shelves as more Indonesians go out again, said PT Matahari Department Store ...

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UK airports to ditch luggage liquid rules

  Bloomberg Britain will set a June 2024 deadline for airports to upgrade security scanners so that liquids can be packed with hand luggage, ending the requirement for items such as sunscreen and shampoo to be presented at security gates in a separate plastic bag. The introduction of cutting-edge systems will both speed up checks and improve security by providing ...

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