Business News

Crowds of people are seen shopping during a weekly market at Kandivali. SOPA Images | LightRocket | Getty Images India is expected to see double-digit expansion in the three months ending in June — but economists warn that the data won’t be painting the full picture of the country’s growth trajectory. South Asia’s largest economy
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Lee Hsien Loong, Singapore’s prime minister. Roslan Rahman | AFP | Getty Images SINGAPORE — Singapore’s Prime Minister Lee Hsien Loong said Monday that the country’s Covid restrictions may be relaxed after June 13 if the situation improves. “Barring another super-spreader or big cluster, we should be on track to bring this outbreak under control,”
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Close-up of discounted cans and cases of packaged cocktails on Safeway store shelves in Lafayette, California, December 31, 2020. Smith Collection/Gado | Archive Photos | Getty Images This summer’s hottest cocktail comes in a can. Between 2019 and 2020, the premixed cocktail category grew by 50% in the United States, according to industry tracker IWSR.
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In this article EQNR-NO SGRE-ES This photo shows wind turbine parts at a port in Ostend, Belgium. Philippe Clément/Arterra | Universal Images Group | Getty Images European ports will require new infrastructure and significant investment over the next few years to cope with the growth of the region’s offshore wind sector, according to a new
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Electric vehicle manufacturing currently faces an “embedded carbon” challenge, says Jefferies’ Simon Powell. “To gain the environmental dividend that governments are looking for, users are going to have to keep them longer, drive them further than they may have done with a conventional internal combustion energy vehicle,” Powell, head of global thematic research at the
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Snowflake CEO Frank Slootman said Wednesday that shareholders need to be patient with the company’s stock because the cloud transition is not happening overnight. “Our business is really going to conduct itself really over considerable, long periods of time,” Slootman said in an interview with CNBC’s Jim Cramer on “Mad Money.” “That’s sort of the
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Commerce Secretary Gina Raimondo on Tuesday expressed confidence around the Biden administration’s efforts to increase semiconductor manufacturing in the U.S. In an interview on CNBC’s “Mad Money,” Raimondo said the global chip shortage that’s rattled a range of industries demonstrates the need for America to boost domestic production capacity and once again become a leader.
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CNBC’s Jim Cramer on Monday pushed back on fears that the U.S. economy could experience problematic levels of inflation during its recovery from the coronavirus pandemic-induced recession. The “Mad Money” host said there’s no question price pressures are being felt across a range of commodities and industries. However, Cramer said it hardly means America is
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Birdies shoes sold out in late 2020, leaving the company unable to meet the year-end demand. Source: Bianca Gates As women across the country ditched their heels during the pandemic, shoe company Birdies thrived. The direct-to-consumer brand touts itself as a “stylish flat that’s secretly a slipper.” The result: 300% year-over-year growth in April 2021.
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