Retailers are putting up prices at the fastest rate since 1990 according to industry figures that add to evidence of a cost of living squeeze this winter. A CBI survey also suggested that sales have been boosted by consumers starting their Christmas shopping early because of fears over supply disruption. Clothing and department stores saw
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Oil wells pumping outside of Midland Texas. Joe Sohm | Visions of America | Universal Images Group | Getty Images The Biden administration’s decision to release oil from U.S. reserves is a “mistake,” former U.S. Energy Secretary Dan Brouillette told on Wednesday. “I do think it’s a bad policy choice. There’s no question about that,”
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The Pentagon is creating a new office to investigate unidentified flying objects amid concerns that after broad probes it cannot explain mysterious sightings near highly sensitive military areas. Deputy Secretary of Defense Kathleen Hicks, working with the US director of national intelligence, ordered the new investigatory body to be established in the US Defense Department’s
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In this article 700-HK People walk past a Tencent sign at the company headquarters in Shenzhen, Guangdong province, China August 7, 2020. David Kirton | Reuters GUANGZHOU, China — Tencent must get approval from Chinese regulators to send out updates for its apps, state broadcaster CCTV reported Wednesday. The move comes after regulators found several
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A group campaigning for lower fuel prices has demanded urgent intervention, claiming drivers are being “fleeced” as costs continue to hit record levels. FairFuelUK (FFUK), which has backing from haulage and logistics lobby groups, told Sky News it was clear that the Competition and Markets Authority should look at how “rip-off” pump prices are calculated
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In this article AMZN The Amazon Go grocery store at the Amazon corporate headquarters in Seattle, Washington. David Ryder / Stringer | Getty Images Amazon recently lost a high-profile executive who oversaw the company’s growing brick-and-mortar division. Cameron Janes, Amazon’s vice president of physical retail, left the company on Tuesday, according to his LinkedIn profile.
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