• Hunger and weight loss in one of the biggest economies in the world - BBC Newsnight

    New figures from the Trussell Trust seen by Newsnight show the nature and scale of food insecurity across the UK. 11 million people - 14% of all UK adults or their households - have experienced it in the year up to last summer.

    Yesterday bosses of four of the big #supermarkets denied making too much #money from soaring #prices, telling MPs the industry is 'the most competitive' it's ever been.

    #Food inflation on things like bread, cereal, and chocolate has come down slightly, although remains very high at 18.3% - double the headline rate.

    Newsnight’s Economics Editor Ben Chu meets some of those most under pressure, in South Shields, North East England.

    #bbcnews #news #breakingnews #hunger #weightloss #economies #world #newsnight #newfigures #trussell #trust #insecurity #acrossuk #inflations
    Hunger and weight loss in one of the biggest economies in the world - BBC Newsnight New figures from the Trussell Trust seen by Newsnight show the nature and scale of food insecurity across the UK. 11 million people - 14% of all UK adults or their households - have experienced it in the year up to last summer. Yesterday bosses of four of the big #supermarkets denied making too much #money from soaring #prices, telling MPs the industry is 'the most competitive' it's ever been. #Food inflation on things like bread, cereal, and chocolate has come down slightly, although remains very high at 18.3% - double the headline rate. Newsnight’s Economics Editor Ben Chu meets some of those most under pressure, in South Shields, North East England. #bbcnews #news #breakingnews #hunger #weightloss #economies #world #newsnight #newfigures #trussell #trust #insecurity #acrossuk #inflations
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  • How The U.S. Caught A Chinese Spy

    CNBC’s Eamon Javers explores how U.S. companies are in the crosshairs of China’s economic espionage efforts, all while trying to do business in one of the world’s biggest markets. In this in-depth report, Javers examines the unprecedented case of Xu Yanjun, a spy from China who was convicted in U.S. federal court of trying to steal GE engine secrets, and what it reveals about China’s plans to take on Boeing, GE Aviation, Honeywell and the rest of America’s aerospace industry. Watch the video to find out how U.S. law enforcement caught a spy from China’s Ministry of State Security.

    #cnbc #chinese #spy #ministry #economic #news #breakingnews #javers #usfederal #boeing #geaviation #honeywell #aerospace
    How The U.S. Caught A Chinese Spy CNBC’s Eamon Javers explores how U.S. companies are in the crosshairs of China’s economic espionage efforts, all while trying to do business in one of the world’s biggest markets. In this in-depth report, Javers examines the unprecedented case of Xu Yanjun, a spy from China who was convicted in U.S. federal court of trying to steal GE engine secrets, and what it reveals about China’s plans to take on Boeing, GE Aviation, Honeywell and the rest of America’s aerospace industry. Watch the video to find out how U.S. law enforcement caught a spy from China’s Ministry of State Security. #cnbc #chinese #spy #ministry #economic #news #breakingnews #javers #usfederal #boeing #geaviation #honeywell #aerospace
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  • Why America’s Retailers Like Target Fail Abroad | CNBC Marathon

    From Target and McDonald’s to Harley-Davidson, CNBC Marathon explores why some U.S. retailers struggle to make it abroad.

    Target’s first and only foray into international markets happened in 2013 in Canada. The retailer opened a total of 133 stores in just over a year. But the expansion didn’t go as planned. By April 2015, Target withdrew from the North American neighbor and closed all locations. Poor real estate decisions, weak leadership, and major SAP systems errors contributed to the company failing in Canada. Target lost $4.1 billion in after-tax losses in just one year as a result of the fallout. The company has no plans to expand internationally anytime soon.

    McDonald’s is synonymous with fast-food in many parts of the world, but there is one country where it’s failed to capture national attention. Iceland celebrated the fast-food chain when it entered in 1993, but a global economic collapse during the next 15 years forced McDonald’s to exit the Nordic region.

    And Harley-Davidson may be the biggest name in American motorcycles, but the U.S. market is aging and shrinking. India and southeast Asia, with massive and growing markets, offered Harley-Davidson hope. But the legendary maker of big iron ‘hogs’ faces fierce competition in India. In order to succeed, Harley will need to make smaller and cheaper bikes that its most loyal fans might not recognize.

    #cnbc #target #news #breakingnews #retail #closeshop #america #growingmarkets #loyalcustomers #decisions

    Why America’s Retailers Like Target Fail Abroad | CNBC Marathon From Target and McDonald’s to Harley-Davidson, CNBC Marathon explores why some U.S. retailers struggle to make it abroad. Target’s first and only foray into international markets happened in 2013 in Canada. The retailer opened a total of 133 stores in just over a year. But the expansion didn’t go as planned. By April 2015, Target withdrew from the North American neighbor and closed all locations. Poor real estate decisions, weak leadership, and major SAP systems errors contributed to the company failing in Canada. Target lost $4.1 billion in after-tax losses in just one year as a result of the fallout. The company has no plans to expand internationally anytime soon. McDonald’s is synonymous with fast-food in many parts of the world, but there is one country where it’s failed to capture national attention. Iceland celebrated the fast-food chain when it entered in 1993, but a global economic collapse during the next 15 years forced McDonald’s to exit the Nordic region. And Harley-Davidson may be the biggest name in American motorcycles, but the U.S. market is aging and shrinking. India and southeast Asia, with massive and growing markets, offered Harley-Davidson hope. But the legendary maker of big iron ‘hogs’ faces fierce competition in India. In order to succeed, Harley will need to make smaller and cheaper bikes that its most loyal fans might not recognize. #cnbc #target #news #breakingnews #retail #closeshop #america #growingmarkets #loyalcustomers #decisions
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  • Blackstone CEO: China could 'probably' fully reopen by the fourth quarter of this year

    Blackstone CEO Steve Schwarzman joins 'Squawk Box' to discuss whether China will completely reopen this year and whether the reopening is good for inflation.

    #cnbc #blackstone #news #ceo #steveschwarzman #squawkbox #china #reopen #inflation #breakingnews #supplychain #worldleaders #businessnews #financialmarkets #markets
    Blackstone CEO: China could 'probably' fully reopen by the fourth quarter of this year Blackstone CEO Steve Schwarzman joins 'Squawk Box' to discuss whether China will completely reopen this year and whether the reopening is good for inflation. #cnbc #blackstone #news #ceo #steveschwarzman #squawkbox #china #reopen #inflation #breakingnews #supplychain #worldleaders #businessnews #financialmarkets #markets
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  • We'll have to retest lows to pull out of this bear market, says Fairlead's Katie Stockton

    Katie Stockton, Fairlead Strategies founder, joins 'Closing Bell: Overtime' to discuss volatility in the market.

    #cnbc #news #businessworldwide #financialmarkets #businessinformation #businessnews #bearmarket #closingbell #markets #volatilemarkets
    We'll have to retest lows to pull out of this bear market, says Fairlead's Katie Stockton Katie Stockton, Fairlead Strategies founder, joins 'Closing Bell: Overtime' to discuss volatility in the market. #cnbc #news #businessworldwide #financialmarkets #businessinformation #businessnews #bearmarket #closingbell #markets #volatilemarkets
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