Hints and tips:
...Well, they’re about to see,” one shale executive told the FT....
...GIP’s prime assets include Sydney and London Gatwick airports, the Port of Melbourne and the Suez water group, extensive green energy holdings and a stake in a big shale oil pipeline....
...A sign of the times, the fastest growing brick and mortar stores in the US are discount retailers Dollar General, Dollar Tree and Five Below....
...The US began sending out LNG from shale gas six years ago, as new supplies unleashed through fracking prompted Cheniere to build export infrastructure at Sabine Pass, originally designed to handle imports...
...Discount group Dollar General fell 11 per cent, Dollar Tree tumbled 14 per cent and Costco was down 12.5 per cent....
...Despite being bricks-and-mortar enterprises — set up for physical enjoyment of their amenities — they have become a rich mine of data for hackers with nefarious intentions....
...Ultimately, creating a successful metaverse ecommerce space is about forgetting the formats of brick-and-mortar, said Sam Englebardt, a general partner at metaverse-focused venture capital group Galaxy Interactive...
...Dollar stores have sprung up across the US in response to demand from budget-conscious shoppers even as other brick-and-mortar chains shift their focus to ecommerce....
...Target, another general retailer, is valued at slightly less, though its return on equity of 30 per cent is nearly double that of Walmart....
...Amazon will have that effect on a bricks-and-mortar retailer with no particular moat against ecommerce competition....
...The resumption of office work may not break the general appeal of food delivery, but it may herald a practical cliff edge....
...While grocery is far more dependent on bricks and mortar than other types of retail, the web has made sizeable inroads....
...There has also been general caution over the capabilities of the technology itself, which has yet to prove that it is substantially quicker than humans, and comes with large overhead costs....
...However, bricks and mortar non-food sales were particularly weak, declining about 12 per cent at clothing and department stores....
...General Motors has dropped the firm as its PR adviser, the first of its clients to reveal it has cut ties in light of the incident....
...A boom in ecommerce, accelerated by the pandemic and the decline of brick-and-mortar retail, has lifted the company’s growth....
...Ambani said as much in a 2018 speech at the company’s general meeting....
...GameStop is a struggling bricks-and-mortar video game retailer in a world that is rapidly moving online....
...Outgoing World Trade Organization director-general Roberto Azevêdo was named PepsiCo’s new chief corporate affairs officer. More here....
...Selling, general and administrative expenses declined by $779m to $1.4bn....
...They face competition from Oracle, which is bidding alongside a group of US investors including General Atlantic and Sequoia....
...Selling, general and administrative expenses at the company, which furloughed employees during lockdown, totalled $1.54bn compared with $1.74bn the same period a year ago....
...The rise was driven by more US shale drilling....
...The online retailer spent at least $4bn in response to the pandemic and investors will now focus closely on the outlook for the coming quarter now bricks and mortar outlets have reopened....
...“This is a huge setback — we are running into a brick wall when it comes to tackling this divisive problem of excessive tax competition between member states,” said Luis Garicano, a Spanish MEP and vice-chair...
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