All of that bodes well for walmart which is forecast to report a 4 rise in sales. Results from the Worlds Largest retailer should also offer a glimpse into demand for back to school items. Traders are hoping that, despite higher borrowing costs, it will show that us shoppers are still willing to spend on essentials. Staying with retail, jd. Com beat analysts forecast for Second Quarter revenue which rose more than 7 to nearly 40 billion. The chinese e commerce giants Focus On Lower priced products paid off in the fight for customers amid an economic slowdown. The company said it attracted more vendors to its platform and its users shopped more frequently as It Product Range expanded. It was a different story however for tencent where Earning Results came in below estimates in the Second Quarter. Revenue grew 11 to just over 20 billion. Tencent s core Gaming Business experienced weaker than expected growth. Domestic Gaming Revenue was little changed, a sign that the economic slowdown in
Higher Profit Margins than expected as offered fewer discounts. All that bodes well for walmart which is due to report a 4 rise in sales. Results from the Worlds Largest retailer should also a glimpse into demand for back to school items. Traders are hoping that despite higher borrowing costs, it will show that us shoppers are still willing to spend on essentials. Staying with retail jd. Com Beat Analyst Forecasts for Second Quarter revenue, which rose more than 7 to nearly 40 billion. The chinese e commerce giants Focus On Lower priced products paid off in the fight for customers amid an economic slowdown. The company said it attracted more vendors to its platform, helped by lower thresholds and costs for them to join, and that users shopped more frequently as its Product Range expanded. It was a different story over at tencent where Earnings Results came in below estimates in the Second Quarter. Revenue grew 11 to just over 20 billion. Tencent s core Gaming Business experienced weake
For a while yet if in the future at all, pointing to an unstable global Food Supply Pressurised by the war in ukraine. Now the price of food in the uk rose by nearly 17. 5 in the year tojune, which was actually a fall from a high of just over 19 in the year to march, following an overall drop in the wholesale price of food which you can see here peaking when russia invaded ukraine last year. It has been trending downwards. But prices are still much higher than before the war and have started creeping up again. Lets discuss this with Kona Haque Head of reserach at commodities house ed and f man holdings. Good to have you on the programme. Do you agree with the Chief Economist at the Bank Of England that actually high food prices are here to stay . I think at least for the sure term we still have got some pressures that will keep prices elevated. The factors globally, the stocks, global stocks of the stocks, global stocks of the grains, the staples such as grains and oils, and sugar, the
President pence and state Election Officials. The American People can be tough to read sometimes which confounds many in the modern media, well over half of our fellow citizens believe the former president did engage in criminal conduct and half thank you should be elected president again. By the American People are they for unforgiving or are the American People tired of the sanctimony of those who see flaws and everyone except themselves. I dont know how large the constituency is for fairness to friend and foe for the equal application of the law regardless of politics. I do know the American People have a unique internal sense of what is fair and just and what is not. These are going to be challenging days for our country. We had a president wants a long time ago who was a trial lawyer and famously said may justice be done though the heavens fall. Nowadays it seems more apt that we would hear may my side when no matter what. We are joined by two men that prosecution covered state an
President pence and state Election Officials. The American People can be tough to read sometimes which confounds many in the modern media, well over half of our fellow citizens believe the former president did engage in criminal conduct and half thank you should be elected president again. By the American People are they for unforgiving or are the American People tired of the sanctimony of those who see flaws and everyone except themselves. I dont know how large the constituency is for fairness to friend and foe for the equal application of the law regardless of politics. I do know the American People have a unique internal sense of what is fair and just and what is not. These are going to be challenging days for our country. We had a president wants a long time ago who was a trial lawyer and famously said may justice be done though the heavens fall. Nowadays it seems more apt that we would hear may my side when no matter what. We are joined by two men that prosecution covered state an