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New gauge shows US store stocks fall

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  Bloomberg US store shelves got a little emptier in the last three months of 2021, according to data provider NielsenIQ, which is unveiling a barometer of out-of-stock goods amid ongoing supply constraints. On-shelf availability slipped to 93.5% during the 13 weeks ending December 25 at supermarkets, mass retailers, drug stores and dollar stores, NielsenIQ said. That was a percentage ...

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Airbus, Quebec set to invest $1.2bn in A220 jet program

  Bloomberg Airbus SE and the government of Quebec agreed on a $1.2 billion investment that allows the Canadian province to remain an owner of the A220 jet program for four additional years. The French plane maker committed to investing $900 million in the loss-making program while Quebec will put up $300 million, according to a statement. Under the deal, ...

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If Russia invades Ukraine, there will be no Nord Stream 2: Biden

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  Bloomberg US President Joe Biden said the controversial Nord Stream 2 natural gas pipeline between Russia and Germany would be stopped if President Vladimir Putin orders an invasion of Ukraine. “We will bring an end to it,” Biden said at a joint news conference at the White House with German Chancellor Olaf Scholz in a short answer to a ...

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