Business U.S. stock index futures slipped on Wednesday, as grim data out of China cast a shadow over market sentiment, while investors awaited more developments related to the U.S.-China trade dispute. 15 May 2019 07:27PM Bookmark REUTERS: U.S. stock index futures slipped on Wednesday, as grim data out of China cast a shadow over market sentiment, while investors awaited more developments related to the U.S.-China trade dispute.Markets took a breather on Tuesday after U.S. President Donald Trump called the trade war with Beijing as "a little squabble" and said he would talk to Chinese President Xi Jinping at a G20 Summit in Japan late next month.The optimistic comments followed a market rout on Monday, when the S&P 500 and the Dow recorded one of Wall Street's worst declines this year as the two sides imposed tit-for-tat tariffs on each others imports.However, China is running out of options to hit back at the United States without hurting its own interests. Data from … [Read more...] about Futures dip after China data shows slowing retail sales
By Laura Kane The Canadian Press Mon., May 6, 2019 VANCOUVER—Retailers across Canada are struggling with a shortage of all cannabis, but there’s one product they’re especially desperate to keep on shelves: cannabidiol or CBD, a non-intoxicating extract vaunted for its purported health benefits. The extract, most commonly sold as oil, has been promoted as a natural cure for pain, anxiety and insomnia, despite limited medical research. Many customers are coming in asking for it, especially first-time and older users, store owners say. “I don’t think the licensed producers really realized how popular CBD was, so there’s none available, really,” said Krystian Wetulani, founder of City Cannabis Co. in Vancouver. “When something becomes available on the cannabis wholesale ordering sheet, everybody tries to get all that’s available. It’s like a race. That’s one of the biggest opportunities we’re facing in … [Read more...] about Canadian retailers struggle to keep popular CBD on shelves
Business U.S. stock index futures rose on Friday after two straight sessions of declines for the S&P 500, as investors took comfort from a largely positive earnings season ahead of the release of jobs data. 03 May 2019 07:40PM Bookmark REUTERS: U.S. stock index futures rose on Friday after two straight sessions of declines for the S&P 500, as investors took comfort from a largely positive earnings season ahead of the release of jobs data.Over the last two sessions, a record-setting rally in the main stock indexes hit a wall after the Federal Reserve dashed hopes of interest rate cuts this year and said the softness in inflation was mostly due to transient factors.Inflation watchers will get more clues when the Labor Department releases jobs data for April at 8:30 a.m. ET. U.S. employers were set to have maintained a strong pace of hiring, while steadily increasing wages for workers.Nonfarm payrolls is expected to rise by 185,000 jobs last month after rising 196,000 … [Read more...] about Futures tick higher ahead of jobs data
Access As Ion Orchard turns 10 this year, Yeo Mui Hong, chief executive of Orchard Turn Developments, which manages the luxury mall, tells Hong Xinyi why the best is yet to come for this retail icon. 01 May 2019 06:30AM (Updated: 01 May 2019 06:30AM) Bookmark By the time you read this, Ion Orchard would have kicked off its 10th-anniversary celebrations with a literal splash – a custom-made aquarium at the mall’s outdoor space housing a lithe “mermaid”. That is just one of the many Instagrammable moments that shoppers can look forward to during the mall’s anniversary festivities this year, promises Yeo Mui Hong, chief executive of Orchard Turn Developments, which manages the luxury mall.WHAT IS EXPERIENTIAL RETAIL? Creating a mermaid moment is the latest instance of how Ion Orchard has stayed ahead of the curve. To counter the growing dominance of online shopping, brick-and-mortar merchants have turned to experiential … [Read more...] about What the future of retail looks like for Ion Orchard, according to its CEO
When The Financial Times’ (FT) mail room informed me that two bottles of ice-cold camel milk had arrived, my heart dropped. I had spent weeks researching and championing camel milk’s status as the “future of dairy” to my colleagues; now I had to taste it. As I went to try the surprisingly thick beverage, my nose wrinkled, my lips pursed. I realised that something I had not expected was holding me back: Prejudice.Camels were first domesticated for their milk in 3,000 BC, according to the UN, and the liquid is a staple in parts of the Middle East and North Africa, where it can be cheaper than cow’s milk. Now it is gaining popularity with producers and customers elsewhere, from health nuts in America to farmers in sub-Saharan Africa reckoning with climate change.The milk is low in lactose, allowing it to be digested by people with a dairy intolerance and cutting into the market share of nut milks.Touted by fanatics for its alleged medical benefits and by … [Read more...] about Camel milk could be the future of dairy. Are you ready for a camelcino?