Editorial

lululemon pays half a billion for MIRROR

 lululemon pays half a billion for MIRROR

lululemon athletica inc., a healthy lifestyle inspired athletic apparel company, has reached a deal to acquire exercise hardware start-up MIRROR. In the last decade, apparel retailers faced distress, leading to closure of many stores, bankruptcies...

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5G’s Corona Connection - Conspiracy and Reality

5G’s Corona Connection - Conspiracy and Reality

There has been a conspiracy theory doing the rounds across the globe that the novel Coronavirus is caused by 5G technology. This theory is making headlines in the mainstream media and has been trending on social media platforms since January this y...

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Stocking up the Stocks: Federal Reserve expanded corporate bond-buying plans

Stocking up the Stocks: Federal Reserve expanded corporate bond-buying plans

Covid-19 crisis has devastated the superpower US in terms of casualties and economic downturn. The world economy is undergoing a deep recession due to the Global Virus Crisis (GVC). This crisis is unique in terms of uncertainties on many levels &nd...

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How To Stay Away From Dubious Companies: Hertz Under Focus

How To Stay Away From Dubious Companies: Hertz Under Focus

Recent case of bankrupt Hertz is a classic example of how investors need to be wary of making investment decisions in equity market, in avowing dubious companies. While, its stock performance story has been another fascinating watch. The $US500 mi...

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Coronavirus impact: UK inflation rate dives in May, Bank of England’s push comes forth

Coronavirus impact: UK inflation rate dives in May, Bank of England’s push comes forth

Inflation rate in the UK has fallen to a four-year low level of 0.5 percent in May this year, measured by the consumer price inflation (CPI), as recorded by the Office of National Statistics (ONS), UK. It was 0.8 percent during the earlier month of...

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New COVID-19 Rules In Place For Recreation Activities, As The Economy Opens Up

New COVID-19 Rules In Place For Recreation Activities, As The Economy Opens Up

Companies providing recreation services such as cinemas, theatres, museums and amusement parks are working out details of reopening up, starting July 4, once lockdown restrictions are eased out across the United Kingdom. From buying tickets to the ...

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British Manufacturing Seeks Business Rate Holiday to Accelerate Recovery

British Manufacturing Seeks Business Rate Holiday to Accelerate Recovery

The manufacturing sector has approached the government with a demand to allow business rate holiday to the sector on the same lines as that has been extended to other sectors like shops, bars, hotels, and other commercial establishments. The sector...

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Dismal Employment Data for May All Set to Perturb the Government More

Dismal Employment Data for May All Set to Perturb the Government More

The latest monthly data on employment from ONS (Office of National Statistics), UK suggests that the total number of workers on the UK payrolls fell by more than 0.6 million in May 2020, as compared to March this year, which is a cause for concern ...

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Britain’s Economic Output Expected To Fall Sharply This Year

Britain’s Economic Output Expected To Fall Sharply This Year

According to forecast released by EY Item Club, a British economic forecasting body, the United Kingdom’s economy is expected to shrink by up to 8 percent in the year 2020, due to the widespread impact of coronavirus pandemic. The Club has do...

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MPs Call For Support To Self-Employed Escaping CJRS And SEIS Schemes

MPs Call For Support To Self-Employed Escaping CJRS And SEIS Schemes

A number of Members of Parliament in the United Kingdom have called upon Chancellor Rishi Sunak regarding the plight of a million self-employed and freelancers who are currently not covered under the CJRS (Coronavirus Job Retention Scheme) and SEIS...

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 UK Decides Not to Impose A Custom Restriction on EU Goods Entering Its Borders for A Year

 UK Decides Not to Impose A Custom Restriction on EU Goods Entering Its Borders for A Year

The coronavirus pandemic it seems has impacted the Brexit process. After the United Kingdom finally parted ways with the European Union on 31st January 2020, custom restrictions on border entry and exit points were set to go online by July of this ...

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