Wednesday , April 21 2021

International News

US shoppers favour websites over stores ahead of Christmas

Bloomberg American shoppers shunned stores and extended their online binge during the last weekend before Christmas, adding to a package-delivery logjam that’s now reaching a crescendo. There’s “a lot of stuff all hitting at once,” said Craig Johnson, president of Customer Growth Partners. “I think it’s past the time for ...

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Toyota to stop work in UK, France over mutant virus discord

Bloomberg Toyota Motor Corp. will halt production in the UK and France due to transport delays caused by a mutant strain of coronavirus spreading in the UK and that’s led several countries to close their borders with the nation. The border closures have “disrupted the transportation of parts,” Toyota spokeswoman ...

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Facebook’s small advertisers say they’re hurt by AI lockouts

Bloomberg Small advertisers that rely on Facebook to spread marketing messages are up in arms over the social network’s automated ad systems, complaining that inflexible account blocking tools and a lack of customer assistance are hurting business. One digital marketer, Chris Raines, was setting up an advertising campaign on Facebook ...

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US economy to get aid boost that’s late and ‘a little lame’

Bloomberg The $900 billion stimulus package agreed to by US lawmakers over the weekend could keep the economy from contracting again, but pandemic-related risks remain if activity doesn’t start to bounce back next year. The fiscal relief package includes $600 one-time checks to individuals, more funding for the Paycheck Protection ...

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France halts UK freight over virus alarm, rocking supplies

Bloomberg Britain’s biggest port stopped all traffic heading to Europe, triggering delays to food supplies after the discovery of a new variant of the virus prompted a wave of countries to ban travel from the UK. The escalating crisis prompted Boris Johnson to convene a meeting of the government’s emergency ...

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