March, 2022 - 4PointsOfBalance.net

Ikea to close Tottenham store, risking 450 jobs Ikea is set to close its landmark London store in Tottenham as part of a £1bn transformation plan driven by changing customer habits.

Ikea is set to close its landmark London store in Tottenham as part of a £1bn transformation plan driven by changing customer habits.

Ikea to close Tottenham store, risking 450 jobs

Karen March 31, 2022

The Swedish retail goliath said it would put forth a valiant effort to give the 450 impacted...

Here’s why crypto market is ignoring latest $600 million heist The crypto market is holding this week's impressive gains despite the news of $600 million getting stolen in one of the major crypto heists to date.

The crypto market is holding this week's impressive gains despite the news of $600 million getting stolen in one of the major crypto heists to date.

Here’s why crypto market is ignoring latest $600 million heist

Karen March 31, 2022

Investigators highlight whale action in the crypto space as the explanation for the move higher. Crypto whales...

Brexit: more than 7,000 finance jobs have left London for EU More than 1 million people work in the financial services sector in the UK

Brexit: more than 7,000 finance jobs have left London for EU

Karen March 30, 2022

In excess of 7,000 money occupations have moved from London to the EU because of Brexit, down...

Russia launches Eurobond rouble buyback offer on looming $2 bln bond payment Russia has already demanded gas payments in roubles

Russia launches Eurobond rouble buyback offer on looming $2 bln bond payment

Karen March 30, 2022

Russia has proposed to repurchase dollar bonds developing one week from now in roubles in a move...

Commerce Inquiry Imperils Solar Industry, Advocates Say The Commerce Department says it is investigating whether imports of solar panels from Southeast Asia are circumventing anti-dumping rules that restrict direct imports from China.

The Commerce Department says it is investigating whether imports of solar panels from Southeast Asia are circumventing anti-dumping rules that restrict direct imports from China.

Commerce Inquiry Imperils Solar Industry, Advocates Say

Karen March 29, 2022

In a choice that could significantly undermine President Joe Biden’s aggressive environment objectives, the Commerce Department said...

Walmart to End Cigarette Sales in Some Stores Walmart will no longer sell cigarettes in some of its stores though tobacco sales can be a significant revenue generator.

Walmart will no longer sell cigarettes in some of its stores though tobacco sales can be a significant revenue generator.

Walmart to End Cigarette Sales in Some Stores

Karen March 29, 2022

Walmart will never again sell cigarettes in a portion of its stores however tobacco deals can be...

Will the Ukraine war ground the space industry? Private and state investments in space may increase to reduce reliance on Russian supply chains.

Will the Ukraine war ground the space industry?

Karen March 29, 2022

Russia and Ukraine are significant hubs in the worldwide space industry, hubs that have been upset by...

China’s Huawei Says 2021 Sales Down, Profit Up Chinese telecom equipment maker Huawei says its 2021 sales fell but profit rose 75.9% despite U.S. sanctions in a year when its chief financial officer was released by Canadian authorities, ending a standoff with Washington over its dealings with Iran.

Chinese telecom equipment maker Huawei says its 2021 sales fell but profit rose 75.9% despite U.S. sanctions in a year when its chief financial officer was released by Canadian authorities, ending a standoff with Washington over its dealings with Iran.

China’s Huawei Says 2021 Sales Down, Profit Up

Karen March 29, 2022

A half year in the wake of being delivered by Canadian specialists following a discretionary deadlock including...

Countries Brace for Hit to Tourism From Russia-Ukraine War Countries from Turkey to Thailand, Egypt and Cuba are bracing for the loss of Russian and Ukrainian tourists just as their travel sectors were looking to bounce back from the coronavirus pandemic.