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US PENNY SHORTAGE IMPACT ON RETAILERS
ET Most Innovative AI Product Awards 2026: The next retail breakthrough may already be in your pocketET Most Innovative AI Product Awards 2026 spotlights the products quietly reshaping retail. From improving product discovery and customer e...- Redington shares rally 10% after Apple CEO Tim Cook says price hikes 'unavoidable' amid AI boomRedington shares surged over 10% after Apple CEO Tim Cook signalled potential price hikes due to rising memory and storage costs driven by ...
- Hi(gh) Gasoline! US retail sales in May rise on auto powerAmerican shoppers spent more in May than anticipated. This boost came from tax refunds and a stock market rise. However, this spending has ...
- US stocks: Nasdaq, S&P fall over 1% as Fed holds rates; traders raise hike betsUS stocks tumbled Wednesday as traders anticipated a Federal Reserve rate hike, with policymakers projecting rising interest rates later th...
- US retail sales beat expectations in May as energy costs stay highUS retail sales significantly exceeded expectations in May, climbing 0.9 percent to $763.7 billion, driven by a substantial 3.4 percent inc...
- Adidas runs out of letter 'V' as German fans snap up World Cup shirtsReplica World Cup shirts for German players faced a temporary shortage of the letter 'V'. High fan demand for shirts of Kai Havertz, Deniz ...
- Higher prices for gas, groceries and flights will outlast the Iran war, experts sayA tentative deal to end the Iran war offers hope but immediate price drops for consumers are unlikely. Experts suggest it will take time fo...
- US President Donald Trump's Iran war weighs on G7 economies, but don't expect hard talk in FranceGlobal economic leaders gather in France amid rising inflation and oil prices. A recent deal between the U.S. and Iran offers optimism, but...
- Global commodity prices likely to remain elevated amid easing West Asia tensions; India's WPI seen at 7-8% in FY27: ReportGlobal commodity prices will stay high in coming months. Geopolitical tensions in West Asia and bad weather affecting crops are the main re...
- India-Australia ties hold 'key role' in Indo-Pacific calculus, ex-PM Scott Morrison saysFormer Australian PM Scott Morrison highlighted the Indo-Pacific as the world's center, emphasizing the Australia-India partnership's cruci...
- Soybean meal supply crunch puts pressure on livestock, poultry sectors: CLFMAThe situation threatens food security and rural livelihoods. CLFMA urges government intervention for balanced availability and stable polic...
- Strait of Hormuz reopening to ease oil supply risks for India as US-Iran reach truce dealA "toll free" reopening of the Strait of Hormuz, following a US-Iran ceasefire agreement, promises significant relief for India's crude oil...
- Electronics makers face component shortages as Gulf shipping crisis hits productionIndian electronics manufacturers are currently grappling with a critical shortage of essential components like microprocessors and batterie...
- Fed and BoE stay guarded after 100 days of Iran warGlobal central banks are poised to maintain current interest rates this week. The Iran war's impact on inflation and growth remains a key c...
- Weak monsoon may drag agri GDP into contractionIndian agriculture is at a crossroads, facing significant hurdles in the coming years. Analysts project little to no growth for agricultura...
- Supply curbs bulk buyers shut out of retail fuel networkThe government has restricted bulk diesel purchases from retail stations to 200 litres per customer and banned reselling to prevent diversi...
- Govt restricts bulk industrial petrol, diesel purchases through petrol pumpsIndustrial and commercial users can no longer buy petrol and diesel from petrol pumps. They must now get fuel from bulk sale points. This c...
- Trump's latest threats to Iran may collide with a hard realityUS President Trump threatens Iran with severe military action, including seizing oil infrastructure. However, the US faces a critical short...
- In 1948, a supermarket problem sketched in simple lines inspired a new code: And the barcode quietly transformed modern shoppingWhat began as a mundane challenge in a local grocery store ignited the spark of a revolutionary idea. Inventors Bernard Silver and Norman J...
- Mahindra's SUV output dips up to 15% in June amid supply chain worker crunch; XUV 7XO, Thar production hitMahindra & Mahindra is experiencing a significant drop in SUV production. A shortage of contract workers is affecting key parts suppliers. ...
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