Speaking before squeezed by massive bills, there is still Spending Power out there. A lot of our customers are probably a bit older, so we dont feel the mortgage rate, although it creates uncertainty for them and that does and we do notice when there is a rate rise, everyone gets a bitjittery. Does it feel like we are getting green shoots . I dont feel that there is green shoots, no, no. I dont feel that there is green shoots, no, no. I feel we are in a holding pattern. It could go either way. Today, the Bank Of England said the tough medicine was beginning to work. Less tha n less than two years they have over 14 steps raised Interest Rates to the highest level in 15 years in an attempt to drain Spending Powerfrom the Spending Power from the economy. The period of near zero Interest Rates now consigned to history with the bank warning that rates could remain at this level for some time. If you asked the question, yes, and when are rates going to come down . My answer is we are going t
In a strategic move poised to transform the logistics landscape in India, Ecom Express, a Delhi NCR-based company, is launching a pilot project to deliver packages using drones.
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off its post pandemic hangover, laying off thousands of staff and revamping its delivery networks. the online delivery giant hit record delivery speeds in the us in the spring and late on thursday it reported a big jump in earnings for the three months tojune much better than wall street had been expecting. michelle fleury in new york has the details. amazon s results show it was firing on all cylinders. it turned in and a strong online retail process progress and registered higher sales on cloud computing. investors liked what they heard and shares, already up 50% before these earnings this year, rose on the news. ahead of the quarterly earnings there were some concerns about people shopping less because of inflation but the ceo and his focus on increasing delivery