Inflation across Europe may have peaked. Price rises in France, Germany, and Switzerland all unexpectedly slowed in December, driven in part by lower energy prices, while inflation in the eurozone is expected to drop below 10% when new figures are released on Friday. [German Inflation Slowed ... - French Inflation Unexpectedly Slows... - Swiss Inflation Slows… - bloomberg]
Ultra-marathon runner Brooke Torres founded Hilma, a new direct-to-consumer (DTC) running shoe brand using mass personalization and patent-pending fit technology, to revolutionize women’s running shoes. [New DTC Women's Running Shoe's Backed By the Biggest ...- Sourcing Journal]
Trade union leaders and economists on Thursday (December 29, 2022) urged the tannery owners to implement social and environmental compliances for the welfare of the industry and the workers. They said the European Union (EU) and the US are not buying leather from Bangladesh as most of the tanneries are yet to obtain certificates from Leather Working Group. [Experts for social, environmental compliance programs in ...- dhakatribune.com]
Americans still love buying things in person, but over the next few years, more shopping is projected to shift online. In China, such purchases now make up more than 25% of overall retail sales, according to some estimates.
In the New York Times, Claire Fu, who covers mainland Chinese news for the New York Times in Seoul (@fu_claire), features a report on the "young Chinese elite" "scrambling for government jobs." [China's Young Elite Clamber for Government Jobs. Some Come to Regret It. – NYT]
India’s biggest and most powerful conglomerates are more aggressively expanding into new industries. Mukesh Ambani’s behemoth Reliance Industries is making a clean energy push, producing batteries, green hydrogen, and solar power in the coming years. [India's new corporate chiefs are thinking bigger and more boldly - asia.nikkei.com]
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