Archives for March 2022

Monthly Archives: March 2022

BMW USA Dealerships To Be Revamped With Retail Next Concept
Retail

BMW is putting the finishing touches on a showroom overhaul in the United States with a fresh design concept. To be rolled out globally, Retail Next is going to be implemented at around 25 locations in the first ...
Comments Off on BMW USA Dealerships To Be Revamped With Retail Next Concept
Yolo DA’s Office Files Retail Theft Charges in West Sac Case
Retail

Sierra Stommel, 36, and Allen Wright, 28, were arraigned in Yolo County Superior Court  on Tuesday and pleaded not guilty on multiple charges including robbery and retail theft according to a press release from the Yolo County District ...
Comments Off on Yolo DA’s Office Files Retail Theft Charges in West Sac Case
Thailand securities regulator bans digital currency payments
currency

Thailand has joined Russia and India in outlawing digital currency payments, even as more countries continue to explore the feasibility of Bitcoin payments. The Thai Securities and Exchange Commission (SEC) announced the ban on digital currency payments this week, which ...
Comments Off on Thailand securities regulator bans digital currency payments
Biden is planning a new digital currency. Here's why you should be very worried
currency

Whenever the White House says it is working on a plan that would transform a vital part of the U.S. economy, and that the administration is doing so with the “highest urgency,” it should go without saying that ...
Comments Off on Biden is planning a new digital currency. Here’s why you should be very worried
Stock market this week: Expect volatility amid Russia-Ukraine war, high crude oil prices. Details here
World Stock Market

Stock markets are likely to witness volatility this week amid monthly derivatives expiry, ongoing Russia-Ukraine conflict and high crude oil prices, analysts said, according to news agency PTI report. The analysts believe that this week geopolitical tensions and supply-side concerns would continue to ...
Comments Off on Stock market this week: Expect volatility amid Russia-Ukraine war, high crude oil prices. Details here
3 key differences between the volatility of 2022 and the Great Recession of 2008
US Markets

Record high gas prices, a red-hot housing market, and soaring stocks: it’s starting to feel a lot like 2007 again. Millennials remember the so-called Great Recession well, not least because the massive crash of the global financial system coincided with many from the ...
Comments Off on 3 key differences between the volatility of 2022 and the Great Recession of 2008
Nine charged in retail theft ring working across California
Retail

Police arrested five of the nine suspects Monday and recovered $62,000 in cash SACRAMENTO — Nine members of an alleged organized retail theft network accused of stealing hundreds of thousands of dollars in merchandise from stores throughout California ...
Comments Off on Nine charged in retail theft ring working across California
JPMorgan cuts EM local currency debt to ‘underweight’ as Russia-Ukraine woes bite
currency

LONDON – JPMorgan analysts have slapped a sell, or ‘underweight’, recommendation on emerging market local currency sovereign debt due to the global fallout from the Russia-Ukraine crisis. Emerging market fixed income assets have lost 6-9% of their value ...
Comments Off on JPMorgan cuts EM local currency debt to ‘underweight’ as Russia-Ukraine woes bite
US stocks rise and government bonds slip as Biden meets western allies
World Stock Market

Inflation and the path of monetary policy remain a priority for investors as they weigh its economic effects   Wall Street stocks rose and government bonds remained under pressure on Thursday as US president Joe Biden met Nato ...
Comments Off on US stocks rise and government bonds slip as Biden meets western allies
Top US markets switched on 493MW of data center space in 2021
US Markets

North American data center leasing reaches a new record, says CBRE The biggest data center markets in the US absorbed 493MW of capacity in 2021, setting a new record, according to real estate specialist CBRE. Data center leasing ...
Comments Off on Top US markets switched on 493MW of data center space in 2021