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ecommerce companies are slated to ship merchandise worth $12 bn in the latest festive season, a rise of 23% vs last year. Quick commerce, the Shinkansen sibling, may well contribute to nearly 10% of this figure. Piyush Goyal has publicly expressed concern about online discounting policies ravaging small retailers. All India Mobile Retailers Association (AIMRA) has complained to large manufacturers about rampant transactional favouritism to the digital universe. Flipkart's 2024 'Big Billion Day' attracted over 33 cr user visits over just two days, while Meesho's 'Mega Blockbuster Sale' recorded a 100% growth in Day 1 sales. Both brands have noted a clear increase in the demand from tier-2 and tier-3 cities, spurred by improving logistics. Physical channels are still going strong. But, clearly, the shift towards device-to-home is irreversible, aided by a seminal shift in consumer behaviour across categories, from dining to dressing. Quickcom, reportedly growing at over 280% over the last 24 months, has led to an influx of new categories, including consumer electronics.

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Viking burial site in Denmark, revealing more than 50 exceptionally well-preserved skeletons that could hold important clues to the Viking era, a period from 793 to 1066 A.D. «This is such an exciting find because we found these skeletons that are so very, very well preserved,» archeologist Michael Borre Lundø told news agency AP, who led the six-month dig. «Normally, we would be lucky to find a few teeth in the graves, but here we have entire skeletons.» According to experts from Museum Odense the skeletons were preserved due to favourable soil chemistry, particularly chalk and high water levels. The site was discovered last year during a routine survey, on the outskirts of the village of Aasum, 5 kilometres, northeast of Odense, Denmark's third-largest city.

Subscribe to enjoy similar stories. MUMBAI : I finally decided to join the bandwagon. Today, I am going to give you tips.

Subscribe to enjoy similar stories. The Organization of the Petroleum Exporting Countries further trimmed its forecast for oil-demand growth, as it prepares to bring some barrels back into the market despite weaker global prices. The Vienna-based cartel now expects demand to grow by 1.93 million barrels a day this year and 1.64 million barrels a day in 2025, from 2.03 million and 1.74 million barrels a day previously.

Rep. Jared Moskowitz, D-Fla., reveals how the state is dealing with the threat of Hurricane Milton on 'Cavuto: Coast to Coast.'

Year-to-date flows into global ETFs currently stand at $947bn while assets under management reached a record $13.4trn in the third quarter. Fixed income funds also saw multiple fresh highs, attracting record quarterly flows of $127bn, beating the previous record of $112bn in the second quarter of 2020.  Deep Dive: Active ETFs are set to drive growth for the ETF industry Active fixed income funds fared particularly well, reaching a record $35bn flows in absolute terms in the third quarter, having grown at a higher rate for five consecutive quarters. Morningstar data shows the wid...

Fox News national correspondent Bryan Llenas reports on how former President Trump is beating Vice President Kamala Harris on the economy on ‘The Evening Edit.’

Wells Fargo on Friday reported third-quarter earnings that exceeded Wall Street expectations, causing its shares to rise.

In a trading update published today (14 October), the firm reported a 5% uptick in AUM to $51.8bn as at 30 September, up from $49.4bn in the previous quarter.  Positive investment performance of $3.2bn offset net outflows of $700m, which had slowed from $2bn in the preceding three months.  Ashmore Group suffers $2bn outflows as institutions slash EM exposure The London-based asset manager said the flows improvement was driven by an increase in gross subscriptions from institutional investors across a range of investment themes, as well as reduced redemptions.  An increase in inv...

Subscribe to enjoy similar stories. In the 100km category of the 10th Solang Sky Ultra (SSU) trail race held on 5-6 October, ultrarunning ace Shashwat Rao started as favourite. At the starting line on day one, the 38-year-old had already stamped his authority on the ultra trail race in Himachal Pradesh, having won four of five previous editions of the race.

Rep. Byron Donalds, R-Fla., discusses the potential impact of Hurricane Milton after Tampa's mayor told residents to evacuate on 'Varney & Co.'

BEIJING — China's exports grew by 2.4% in September from a year ago in U.S. dollar terms, while imports rose by 0.3%, customs data showed Monday.

U.S. stocks rose to records as JPMorgan Chase, Wells Fargo and other big financial companies rallied on better-than-expected profit reports

TD Bank became the largest bank in U.S. history to plead guilty to violating a federal law aimed at preventing money laundering, and agreed to pay over $3 billion in penalties to resolve the charges, government authorities said on Thursday.

Simon Chandler is a Brighton-based writer and journalist with over ten years of experience writing about crypto, technology, politics and culture. He has written for Cryptonews.com since late 2017,...

Simon Chandler is a Brighton-based writer and journalist with over ten years of experience writing about crypto, technology, politics and culture. He has written for Cryptonews.com since late 2017,...

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Hopeful Canadian homebuyers may well have their pick of the litter when it comes to condos in many housing markets across the country, a new report from Re/Max Canada shows.

Subscribe to enjoy similar stories. Has the splendid economic recovery after the pandemic been dominated by profits rather than wages? The answer to this question has profound consequences for the future direction of the Indian economy. Two recent data releases from the government provide useful information on this issue.

Rio Tinto said on Wednesday it would acquire Arcadium Lithium for $6.7 billion, in an agreed all-cash deal that would make it one of the world's largest lithium producers. Rio said it would pay $5.85 per share for the U.S.-based lithium miner. That represents an almost 90% premium to Arcadium's closing price of $3.08 per share on Oct. 3, the day before Reuters exclusively reported on a potential deal between the two firms. Rio would gain access to lithium mines, processing facilities and deposits in Argentina, Australia, Canada and the United States to fuel decades of growth, as well as a customer base that includes automakers Tesla, BMW and General Motors.