India consumer inflation rises to 0.71% in November

Shoppers purchase groceries at the upscale LuLu Hypermarket located in the Lulu International Shopping Mall in Kerala, India, on May 25, 2022. Nurphoto | Nurphoto | Getty Images India’s consumer inflation rose to 0.71% in November, accelerating from an all-time low of 0.25% in the prior month. The headline inflation number was in line with…

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Lululemon Leadership Shakeup Lifts Investor Confidence

A leadership overhaul at Lululemon Athletica pushed its stock higher in late trading on Thursday, after the company confirmed that CEO Calvin McDonald will leave in January with no successor yet named. Investors reacted positively to the update, even as the athletic apparel maker continues to navigate a tougher competitive landscape in the United States….

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Workers go on strike at Guinness canning factory

Guinness Staff working at a Guinness canning factory in Belfast have begun strike action Staff working at a Guinness canning factory in Belfast, owned by international drinks firm Diageo, have begun strike action in protest over their pay. The trade union Unite said about 90 Diageo workers began an eight-day strike on Friday which is…

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Trump sanctions hit! Russia records lowest oil exports since Ukraine conflict; revenue falls to $11 billion

Russia’s oil exports crashed to their lowest point since the Ukraine war began, weighed down by buyers moving away from Moscow amid tightened US sanctions and Kyiv’s escalating attacks. In its latest assessment, the International Energy Agency (IEA) noted that Russian oil exports declined by 420 kb/d in November, pulling total shipments down to 6.9…

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