Month: August 2022

Australian Retail Sales Record Sharpest Growth in Four Months Despite Inflationary Pressure

Despite growing living cost pressures Australian consumers are still maintaining their spending habits, with retail sales scoring a higher than expected gain in July. According to data from the Australian Bureau of Statistics (ABS), total retail turnover climbed 1.3 percent in July, far exceeding expectations of a rise of 0.3 to 0.4 percent from analysts….


Virginia CD 2: First-Ever US House Race Between Women War Veterans

According to the Cook Partisan Voting Index (CPVI), Virginia’s Congressional District 2 (CD 2) is the nation’s ultimate “median” district. By Cook’s rating, 217 of the country’s 435 congressional districts are regarded as more Democratic and 217 as more Republican.  That places Virginia CD 2 firmly among 36 Ballotpedia “battleground” districts and among 22 “tossup”…


New York Retailers Begin ID Checks for Whipped Cream Sales

Stores in New York have begun to require ID checks for whipped cream as retailers comply with a 2021 law banning sales to people under 21, according to reports. New York state Sen. Joseph Addabbo (D-Queens) sponsored the legislation, which became law in November last year. Addabbo said his constituents were reporting nitrous oxide abuse and communities…


Russia to Hold Military Drills With China, Others

MOSCOW—Russia said Monday it will launch military drills in the country’s east that will involve forces from China—a show of increasingly close defense ties between Moscow and Beijing amid tensions with the West over the Kremlin’s action in Ukraine. The Russian Defense Ministry said that the Vostok 2022 (East 2022) exercise will be held Sept….


India’s Reliance to Develop New Smartphone With Google in $25 Billion 5G Push

NEW DELHI—India’s telecom leader Reliance said on Monday it is working with Alphabet Inc’s Google to launch a budget 5G smartphone as it laid out a $25 billion plan for introducing the next-generation wireless services within two months. Speaking at the company’s annual general meeting, Reliance Chairman Mukesh Ambani said Jio’s 5G network will be…


Aubameyang Assaulted in Armed Robbery at His Home in Barcelona

Armed robbers broke into the home of Barcelona striker Pierre-Emerick Aubameyang early on Monday morning, police said, and physically assaulted the player and his wife as they forced them to open a safe to steal jewelry, according to media reports. Spanish newspaper El Pais said both the player and his wife Alysha Behague suffered minor…


Microsoft Cloud Computing Changes to Allay EU Antitrust Concerns Effective Oct. 1

BRUSSELS—Amended licensing deals and other changes making it easier for cloud service providers to compete will take effect on October 1, Microsoft Corp said on Monday, a move triggered by complaints about the U.S. software company to EU antitrust regulators. Microsoft President Brad Smith had announced the changes in May but did not say when…


Housing Prices Could Fall by 20 Percent in 183 Cities Across US: Study

According to a new study published in Fortune, if the U.S. economy falls deeper into a recession, housing prices could dip by as much as 20 percent in 183 cities nationwide. The data from Moody’s analytics reveal that 183 of the 413 top housing markets are “overvalued” by more than 25 percent. If the slump in the housing…


Freeman, Dodgers Edge Marlins 3–2 in 10 Innings

MIAMI—Freddie Freeman drove in the go-ahead run with a grounder in the top of the 10th inning, Chris Martin escaped a bases-loaded jam in the bottom half and the Los Angeles Dodgers defeated the Miami Marlins 3–2 on Monday night. Trea Turner had his 1,000th career hit with an infield single against reliever Huascar Brazoban…


Walmart Makes Offer to Buy Out Rest of South African Retailer Massmart

JOHANNESBURG—Walmart Inc. has launched a 6.4 billion rand ($377.6 million) offer for the remaining 47 percent of South African retailer Massmart it does not already own, valuing it at a premium of over 50 percent. Shares in Massmart surged 46 percent after the company announced the news on Monday, as its Chairman Kuseni Dlamini said the…