Krystal

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As China Eyes Trade Growth, Europe Moves to Calm Wary Industries - Bloomberg

As the European Union forges closer ties with China, the bloc is also moving to calm concern that Chinese exporters will destroy EU-based industries …

Walmart asking staff to deliver online orders on their way home

US supermarket giant Walmart is asking employees to deliver online orders to customers on their way home from work in an attempt to close the gap with rival Amazon.<p>Walmart, which employes about 1.5 million workers in its 4,700 US stores, said it “just makes sense” for them to deliver packages on …

eCommerce

AO World set to reveal consumer confidence at annual results

An insight into just how ready 
shoppers are to splash out on big 
 purchases will come when AO World, the online seller of white goods 
and electronics, posts annual results on Tuesday.<p>A combination of declining spending power as wages struggle to keep up with rising prices and uncertainty caused …

Markets

Government support needed to unlock billions in green business, says industry

The UK could be a green business powerhouse in the next three decades, but only if given proper support by government, a group representing more than 30 low-carbon companies has said.<p>The low-carbon economy in the UK employs at least 432,000 people, with a turnover of more than £77bn in 2015. This …

Elections

Manufacturers shrug off economic fears as export orders continue to flow

Britain’s manufacturing industry is getting a boost from the weaker pound which is strengthening export demand, offsetting concerns about the election and prospect of Brexit.<p>Trade body EEF’s quarterly survey, which takes the temperature of industry, has revealed continued positive sentiment in the …

Manufacturing

Penalty rate cuts to be phased in gradually, Fair Work rules

The Fair Work Commission has confirmed cuts in some Sunday penalty rates will begin from 1 July, to be phased in over three to four years, while cuts in public holiday rates will begin on 1 July.<p>Labor slammed the decision, saying it came at a time when wages were falling in real terms, but the …

Malcolm Turnbull