Category: Goods
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EU set to tighten customs checks for online retailers in crackdown on unsafe goods
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Online platforms, including China and TEMU, are restored to more rigorous customs controls after the European Commission pledged to stop the flow of what you call “dangerous products” to the European Union markets. Many billions of low -value goods that reach every year are not compatible with the bloc regulations,…
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Trump orders steep tariffs on goods from Mexico, Canada, China
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NEW YORK/SENGAFORA (Reuters) -President Donald Trump ordered 25 % on Canadian and Mexican imports and 10 % on goods from China starting on Tuesday to address what he calls a national emergency of fentanel and illegal immigration in us Here are some comments from strategists and investors: Nick Todel, Senior…
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Indian Capital Goods Stocks Regain Investor Favor
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Breadcrumb links PMN works Before the trading day begins, we provide you with a summary of the key news and events likely to move the markets. Today we look at: Article writer: Bloomberg News Chiranjeevi Chakraborty Published on December 1, 2024 • 3 minutes read You can save this article…
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Indian Capital Goods Stocks Regain Investor Favor
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Breadcrumb links PMN works Before the trading day begins, we provide you with a summary of the key news and events likely to move the markets. Today we look at: Article writer: Bloomberg News Chiranjeevi Chakraborty Published on December 1, 2024 • 3 minutes read You can save this article…
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EBay beats quarterly results estimates on steady demand for refurbished goods By Reuters
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(Reuters) – eBay Inc beat Wall Street expectations on revenue and profit in the second quarter, helped by strong demand for used goods, auto parts and cost-effective accessories. But the e-commerce giant’s third-quarter revenue forecast fell short of analysts’ estimates, pointing to the effects of a tough economy. The company’s…
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Mystery of Sh180m Nzoia Sugar goods ‘in transit’ for 8 years now
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An audit has revealed that a Sh180 million shipment of consumer goods ordered by Nzoia Sugar has yet to arrive from abroad after eight years, raising questions over the company’s claims that the shipment was on its way. Auditor General Nancy Gathongo said the state-owned mills based in Bungoma purchased…
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U.S. Final Q1 GDP, Durable Goods Orders, And Initial Jobless Claims Reports Showed Weaknesses
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The final reading for Uncle Sam’s growth in the first quarter of 2024 came in at 1.4%, higher than the second estimate of 1.3% but still below the advanced reading of 1.6%. Data from the Bureau of Economic Analysis indicate that weakness in primary metals (for durable goods manufacturing) and…
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U.S. Final Q1 GDP, Durable Goods Orders, And Initial Jobless Claims Reports Showed Weaknesses
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The final reading for Uncle Sam’s growth in the first quarter of 2024 came in at 1.4%, higher than the second estimate of 1.3% but still below the advanced reading of 1.6%. Data from the Bureau of Economic Analysis indicate that weakness in primary metals (for durable goods manufacturing) and…
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Dick’s Sporting Goods stock surges on raised outlook, Bank of America upgrades to Buy By Investing.com
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(Updated – May 29, 2024 at 9:59 AM EST) Dick’s Sporting Goods (NYSE:) stock jumped more than 15% on Wednesday after the company reported a strong first quarter with earnings and revenue topping analysts’ expectations, prompting the company to raise its full-year guidance. The sporting goods retailer reported adjusted EPS…
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Joe Biden will double, triple and quadruple tariffs on some Chinese goods, with EV duties jumping to 102.5% from 27.5%
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President Joe Biden will double tariffs on some Chinese goods this week, unveiling the measures at a White House event framed as a defense of American workers, people familiar with the matter said. Biden will raise or add tariffs in key sectors after nearly two years of review. The total…
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Turkey bans exports of all goods to Israeli ports
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Although no official statement was issued, Turkish ports have already begun to respond to instructions prohibiting the export of goods to the ports of Haifa and Ashdod in Israel, sources familiar with the matter told Globes. Meanwhile, Israeli goods arriving at Turkish ports are not allowed to unload their cargo.…