Tag: costs
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EU packaging rules raise costs for small online retailers
The EU’s new Packaging and Packaging Waste Regulation seeks to reduce waste and boost recycling, but some small online retailers say the rules increase compliance costs and administrative burdens.
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Global inflation debate puts BOJ rate-hike pace in spotlight
BANGKOK, Oct 16 : The Bank of Japan may face renewed pressure to increase the pace of interest rate hikes ahead of a key rate review this month, after global inflationary pressures from the Iran war and AI-driven demand shock dominated discussions at this week’s IMF meetings.BOJ Governor Kazuo Ueda will bring
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Ericsson braces for component cost hit after third-quarter profit beat
STOCKHOLM, Oct 15 : Telecom gear maker Ericsson on Thursday reported a smaller-than-expected drop in third-quarter core profit as efficiency measures helped offset higher component costs, but warned that such costs would affect margins next year. • Operating profit before amortisation and restructuring cos
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US ranchers wrestle with soaring costs – and their loyalty to Trump
Many farmers in states that backed the president say they are being hit from all sides, with the crucial midterm elections just weeks away.
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What does the closure of Bab el-Mandeb mean for Djibouti?
The Red Sea crisis has upended the lives of communities on either side of the Bab el-Mandeb Strait. While Yemenis are fleeing the fighting in their country, the boats of Djiboutians who live off the sea lie idle.
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Bank of Japan sees broadening inflationary pressure
TOKYO, Oct 8 : The Bank of Japan said price increases driven by higher raw material costs were spreading to consumer goods with some firms hiking prices more frequently than in the past, signaling its concern over broadening inflationary pressure.The central bank also offered an upbeat view on the economic ou
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Germany’s car crisis: Will the 35-hour workweek survive?
German carmakers want employees to work 40 hours instead of the current 35 without extra pay, arguing it would improve competitiveness. Unions strongly oppose the proposal and view it as an attack on workers’ rights.
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Bangladesh raises fuel prices as Middle East conflict drives up costs
DHAKA, Sept 21 : Bangladesh has raised fuel prices by up to 17.4 per cent, piling fresh pressure on consumers and businesses, as the government moved to stem mounting losses from surging global oil prices and higher shipping costs linked to the Middle East conflict.The new rates, effective from Monday, are ex
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How hotter weather is making us poorer
Heat waves, wildfires and floods have cascading economic impacts, causing incomes to decline and the price of basic goods to rise. The trend will escalate as temperatures continue to increase.
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