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Consumer NZ: New World could do better after Smeg knife promotion frenzy
21 Jan, 2021 03:36 AM
4 minutes to read
New World said its Smeg knife promotion has been very successful. Photo / Supplied
NZ Herald
New World s Smeg knife promotion has been one of the company s most successful giveaways, with only a few days to go.
However, some customers have been left unhappy, with the Commerce Commission receiving two complaints about the promotion.
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Consumer NZ chief executive Jon Duffy said of the complaints it has seen customers appear annoyed that they aren t being adequately informed that some of the promotional products aren t available before they start their shop.
Tenbagger stocks show resurgence
By Anna J. Park
It has become more frequent these days to see tenbagger stocks ― shares in companies that pay off more than 10 times their initial purchase price ― both on markets here and abroad.
More such cases are witnessed on the U.S. stock markets, where daily price ceiling limits do not exist, than in Korea where a daily limit up (down) ― share price increase (decrease) ― of 30 percent is enforced.
However, local biopharmaceutical company Vaxcell Bio Therapeutics, a manufacturer of cancer immunotherapy drugs that was listed on the tech-heavy Kosdaq Sept. 22, has seen its stock price skyrocket closing at 202,500 won ($185), Friday. This is nearly a 10-fold jump from the 21,300 won close on the first day of its IPO.
Twitter sans Trump tumbles; other tech shares follow suit
PTI
Washington |
Updated on
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There is a growing risk for tech companies, especially in social media, that Congress will try to collar them after last week’s Capitol rampage
Shares of social media and other tech companies slid on Monday, hit by fallout from the siege on the US Capitol by supporters of President Donald Trump.
Twitter’s stock ended the day down 6.4 per cent after the company on Friday permanently shut down Trump’s account, @realDonaldTrump, which had 89 million followers.
The social network cited concerns the president would use it for “further incitement of violence”. Trump retorted that he would be “building out our own platform in the near future. We will not be SILENCED!” There is a growing risk for tech companies, especially those in social media, that Congress will attempt to collar them after last week’s rampage in Washington, D.C.