Tag: Retail
Foreign-owned companies account for more than a quarter of Helsinki’s total turnover, a recent study reveals
About 41% of foreign-owned companies in Finland operate in Helsinki and about 71% in the capital region. The report also states that only 3% of the more than 100,000 companies in the Helsinki region were foreign-owned in 2021. However, these companies employed approximately 26% of the region’s private sector workforce. The combined turnover of foreign-owned […]
Monday’s papers: NATO’s next steps, voices from Sweden and exaggerated egg prices
The airport supplement for the Finnish Easter treat was almost twice the retail price.
Companies pushing the gas pedal for electric car fleets
A new ranking has outlined the companies leading the charge to commit to electric vehicles and those lagging behind, writes David Ritter. AUSTRALIA’S corporate fleet of passenger cars has a big role to play in driving the electric vehicle (EV) revolution our country needs to reduce greenhouse gas emissions and clean up air pollution in […]
Only 17 percent of Finns live within their budget
According to the study, 46% of Finns report that they create a budget for their finances, but only 17% follow it closely. At the same time, 29% create a budget but do not monitor its implementation. Unexpected one-time expenses can strain the finances of ordinary citizens, while in recent years we have seen unexpected expenses […]
YLE: The interests of electricity producers reject the estimate of the costs of the energy crisis
His calculation was based on two variables: the average market price in the second half of last year – more than 20 cents per kilowatt hour – and energy consumption during the same period. It does not include heavy industry, as they tend to use various mechanisms to protect themselves from fluctuations in electricity prices. […]
Post-apocalypse: the end of daily mail delivery is in sight
Australia Post sees red. A lot of it. After posting a razor-sharp profit of $23.6 million in the last six months of 2022, it is set to post a loss for the full 2022-23 financial year – just the second time since it was incorporated in 1989. The last loss was in 2014-15, following a […]
The online store will fire 75 employees and lay off the rest
In January, the retailer issued a profit warning stating that its operations had been seriously affected by record low consumer confidence.
Report: Finland is not exceptionally dependent on trade with China
If disruptions affect several countries at the same time, importers would not be able to quickly turn to alternative suppliers. The effects would therefore be seen in the everyday lives of both citizens and companies. According to a survey coordinated by the Ministry of Foreign Affairs, Finland is among the EU average in total trade […]
EU nation sees bankruptcies rise – Bloomberg
The number of insolvencies in Sweden has increased as consumption declines, the outlet reports Bankruptcies in Sweden soared for a seventh straight month in February, amid falling household consumption and growing pressure on construction companies from an ongoing crisis in the housing market, Bloomberg reported this week. A sharp slump in Sweden’s real estate sector […]
The EU nation sees the number of bankruptcies increasing in Bloomberg
The number of insolvencies in Sweden has increased as consumption declines, the outlet reports Bankruptcies in Sweden soared for a seventh straight month in February, amid falling household consumption and growing pressure on construction companies from an ongoing crisis in the housing market, Bloomberg reported this week. A sharp slump in Sweden’s real estate sector […]
Finnish politicians demand electricity retailers to adjust the prices of fixed-term contracts
“There is freedom of contract in Finland and the signed contracts are binding, but companies have the opportunity and also the responsibility to proactively bear social responsibility and meet people halfway,” he reasoned. About 130,000 Finnish households signed a new electricity contract during a time when the price of electricity exceeded 30 cents per kilowatt […]
The growing popularity of CBD oil in Germany
In recent years, the popularity of Cannabidiol (CBD) oil has grown rapidly in Germany. It is now one of the most popular natural remedies for various health problems – from chronic pain to insomnia and anxiety. Studies suggest that CBD oil may be beneficial for those suffering from epilepsy or other neurological disorders, as well […]
Russia approves sale of IKEA factories – officially
The facilities will be acquired by two local buyers, the deputy trade minister has said A Russian government commission has approved the sale of Swedish furniture maker IKEA’s factories in Russia to two local buyers, Deputy Industry and Trade Minister Viktor Jevtuhov told Izvestia newspaper on Thursday. The three factories will be acquired by Russian […]
Russia approves sale of IKEA factories official
The facilities will be acquired by two local buyers, the deputy trade minister has said A Russian government commission has approved the sale of Swedish furniture maker IKEA’s factories in Russia to two local buyers, Deputy Industry and Trade Minister Viktor Jevtuhov told Izvestia newspaper on Thursday. The three factories will be acquired by Russian […]
US dollar firms after strong retail sales
NEW YORK, Feb. 15 (Xinhua) — The U.S. dollar strengthened in late trade Wednesday after data showed U.S. retail sales rose in January. The dollar index, which measures the greenback against six major peers, rose 0.65 percent to 103.9080 in late trade. In late New York trading, the euro was down to US$1.0683 from US$1.0738 […]
The price of gasoline will not rise in Finland because of the truck drivers’ strike, traders say
The price of gasoline 95 E10 rose on Wednesday at many gas stations, but according to retailers, the increase was not due to the truck drivers’ strike.
Monday’s papers: Retail agreement, Russian fish sticks and the PKK flag in Finland
Sunday evening’s agreement will raise shop wages by more than 100 euros per month in June.
Thursday’s papers: The strike begins, a thug investigator and buffered cemeteries
Although some of the shelves were cleared before the retail strikes, the boss of the service workers union pleaded for understanding, saying now is the time for pay rises.
The retail strike starts on Thursday
The planned industrial action affects approximately 16,000 employees and affects Prisma, K-Market and S-Markets in several locations as well as other points of sale.
Finnair is ending all in-flight retail sales
In 2020, the airline announced plans to end retail sales on intra-EU flights due to aircraft weight reduction targets.
Wednesday papers: Strikes, fewer traffic cameras, brain exercises
Most morning papers are reporting the start of a three-day strike in the technology and chemical industries, as well as upcoming labor actions in the retail and transportation sectors.
The labor dispute in the retail trade escalates – the employers asked to stop collecting union membership fees
Anna LavikkalaThe trade union’s head of labor market affairs said the union cannot sit on the sidelines and passively oversee “proportionate” strikes aimed at employers amid collective bargaining. “In this situation, employers simply have no other choice but to resort to measures outside the negotiation table,” he stated. press release. The announcement came a day […]
Industrial and retail strikes are approaching in February
After wage negotiations have stalled in several sectors, Finland may face a flood of industrial and retail strikes.
Almost half of the Danish retailers expect to raise prices over the next three months – survey
Do you ever get the feeling that there are no bargains in the supermarkets in January because they went over-the-top in the build-up to Christmas? Discount butter to spread on duck, discount butter for a dollop of Risalamande, discount butter to mix with cinnamon for countless portions of porridge while watching the Christmas calendar – […]
Almost half of the Danish retailers expect to raise prices over the next three months – survey
Do you ever get the feeling that there are no bargains in the supermarkets in January because they went over-the-top in the build-up to Christmas? Discount butter to spread on duck, discount butter for a dollop of Risalamande, discount butter to mix with cinnamon for countless portions of porridge while watching the Christmas calendar – […]
Retail workers’ dispute going to arbitration as union seeks 200-euro raise
Prisma and Citymarket stores are threatened with closure in several locations.
PAM announces that it is ready to strike in 185 grocery stores and logistics centers
– The trade union has been reluctant to discuss salary increases that would secure the purchasing power of employees. stated Annika Rönni-SällinenChairman of PAM. “Retail businesses are making good results, while their workers have to cut corners to make sure they’re paid enough to live on. Employees have the right to an appropriate salary increase.” […]
US dollar edges higher amid economic statistics
NEW YORK, Jan. 18 (Xinhua) — The U.S. dollar rose modestly in late trade on Wednesday as market participants digested a flurry of economic data. The dollar index, which measures the greenback against six major peers, added 0.004 percent to 102.3810. In late New York trading, the euro was up at US$1.0795 from US$1.0794 in […]
YTN: Retail giant Kesko plans to lay off up to 133 middle managers
The company announced in October that its third quarter was the best result in its history.
They plan to charge for long parked cars
The municipality of Rangárþing ytra intends to start collecting long-term parking fees next year at the Miðjun office and retail center in Hella. Jón G. Valgeirsson, mayor of Rangárþing ytra, says that after the quiet period of the pandemic, the influx of tourists increased again this summer, and with them, cars were often left in […]
Function: More Swedes are seeking food aid in the midst of sky-high inflation
by Patrick Ekstrand, Fu Yiming STOCKHOLM, Aug. 18 (Xinhua) — As food prices continue to rise, more and more people in Sweden, a Nordic country known for its well-developed welfare system, are seeking help with daily food. Since last spring, more and more Swedes have found themselves struggling with sky-high food prices and have seen […]
Russians buy last items from H&M, IKEA when stores wind down
MOSCOW – Russians are snapping up Western fashion and furniture this week as H&M and IKEA sell off the last of their stock in Russia and continue their exit from the country after it sent troops to Ukraine. Sweden-based H&M and Netherlands-based IKEA had paused sales in Russia after the military operation began and are […]
Trade lobby: The retail growth spurt is over – now uncertainty lies ahead
The turnover of the domestic retail trade will decrease by around 2.5 percent this year and even more in 2023, according to the forecast of the Finnish Trade Association. The trade advocacy group said that if Finland and the rest of Europe drift into recession, trade will shrink even more. According to the group’s preliminary […]
The trust of Finnish consumers "the darkest in history" in July
According to Statistics Finland, Finnish consumer confidence fell to a new low in July. The agency said expectations for consumers’ personal finances were "darkest in measuring history." The Consumer Confidence Indicator (CCI) was -15.9 in July, which marked a decrease from the CCI level of -14.3 in June and -11.6 in May. The number-crunching agency […]
The clothing giant leaves Russia
H&M plans to wind up its operations in the country, with reference to? Operational challenges? The multinational clothing and home furnishing company H&M has announced that it is leaving Russia in the midst of increased sanctions against the country. “Given the current operational challenges and an unpredictable future, the company announces today that it has […]
More shoplifters in Denmark – Dansk Erhverv
Robbery, burglary and shoplifting have increased in 2021. This is shown by the annual Crimestat report – the result of a collaboration between the Danish Chamber of Commerce and 30 retail organizations in Denmark. The report collects a number of data on crimes committed in approximately 4,600 retail stores in Denmark. In 2021, 81 robberies […]
EU countries use strategies to tackle rising petrol pump prices: report
The main factor driving up prices is the supply problems associated with the conflict between Russia and Ukraine. The average price of petrol rose momentarily to more than € 2 per liter as the conflict escalated in February, but the latest rise is part of a steady rise in prices amid a shortage of supply […]
Goods trigger racial controversy in the United States
From t-shirts to watermelon salads, corporate America’s response to the recent federal holiday has generated backlash With “Juneteenth” now a federal holiday, US retailers have taken the opportunity to buy products that mark black freedom. But activists say some of these products miss the mark, while others are racist. President Joe Biden officially recognized June […]
IKEA reduces operations in Russia Izvestia
The furniture giant will sell its factories in the country, reports Izvestia The iconic Swedish furniture brand IKEA is closing down its business operations in Russia, the newspaper Izvestia reported on Wednesday, referring to its sources. According to the daily newspaper Moscow, the company informed its employees during a general meeting and will soon announce […]
The S Group will close a dozen restaurants in the Helsinki metropolitan area during the busy summer season
The S Group, a giant in the retail and catering industry, will close about a dozen restaurants in the Helsinki metropolitan area during the summer, citing labor shortages, the company announced on Monday. The staff shortage is so severe that some of the company’s restaurants are traditionally closed during the busy summer season. The company […]
A Finnish CBD entrepreneur may be prosecuted for drugs
The Finnish entrepreneur’s hemp and CBD oil business is being investigated by the Finnish customs authorities for serious drug offenses. Now an entrepreneur Tuomas Ahonen told Yle that he was the main suspect in an ongoing investigation. Ahonen has worked in two companies selling hemp-based products, one focusing on the sale of industrial hemp flowers […]
More retail price increases on the way
Uses the same, gets lessStatistics Denmark conducts its survey every month, and compared to previous months, a larger proportion of retail companies have indicated that a price increase is on the way. The proportion of companies that have already raised prices has also risen recently: from 56 percent in April to 64 percent in May. […]
Despite a strong labor market, demand for food aid is growing
Food queues have lengthened, although employment has risen to record levels since the pandemic subsided, the STT news agency reported on Sunday. By Reetta Nickproject manager Foodaid.fi rising service prices are causing problems for households with insufficient incomes to cover spending. Foodaid, run by a non-church agency, provides information on food aid events and local […]
The SPP re-elects Henriksson; Ohisalo returns to the Greens’ conference
Minister of Justice Anna-Maja Henriksson was unanimously re-elected leader of the Swedish People’s Party (SPP) on Sunday in Turku. Henriksson, who has led the party since 2016, ran without opposition. "We have repeatedly shown that we in Finland are the driving force behind the equal value of the people, all equal rights and freedoms and […]
Foreign investment in China declines as multinational corporations become pessimistic about the Chinese economy
Peking [China]May 22 (ANI): Direct foreign investment in China from multinational corporations falls off a cliff as investors become increasingly pessimistic about the Chinese economy amid President Xi Jinping’s strict covid policy and his stance on Russia’s war on Ukraine. These multinational companies face serious challenges in conducting their business in China. A number of […]
Covid continues to cause staff absenteeism and sick pay
In Finland, about 120,000 people have received sickness benefit after a coronavirus infection in the first four months of 2022. The figure is almost equal to the total number of beneficiaries for the whole of 2021. The S Group, a retail giant with about 40,000 employees, said increased absenteeism has forced the chain to limit […]
A record number of Finns enjoy boating
Boating has grown into a summer hobby for years and Jarkko PajusaloFinnboat, the CEO of the Finnish Maritime Industry Association, says that based on the growth in sales of used boats, large numbers of new boaters will come to the lakes and the sea this season. "This summer, a record number of new boaters will […]
Style Style: When design comes to life
One of my friends recently asked me what a fashion designer does. I could see in her facial expressions that she thought I was working in a glamorous world full of mystery. But even though there are actually a lot of myths, many of you might be surprised to learn that it is not as […]
Develop your contacts, skills and confidence as you learn from the best at CBS
The Danish Business Authority, the Danish Business Authority, has identified a large number of companies and research environments that perform at the top of their fields and create a respected innovation ecosystem throughout Denmark. This innovative world attracts both local and international talents with cutting-edge skills. As today’s business world is undeniably fast-paced, professionals aiming […]
Finland bans smoking on playgrounds and beaches
The stricter, reformed tobacco law entered into force on 1 May as part of a long-term strategy to eliminate Finland from smoking. From Sunday, smoking on playgrounds and public beaches will be prohibited. The ban on smoking on the beaches is in force from the beginning of May to the end of September each year. […]
Iraq shows restored art looted after the 2003 invasion
BAGHDAD – lush landscapes, stylized portraits of peasant women, curved sculptures – an exhibition in Baghdad allows art lovers to rediscover the pioneers of contemporary Iraqi art. Around 100 objects are on display in the capital, returned and restored almost two decades after they were looted. Many of the works, including works by renowned artists […]
Retail drops face mask recommendation
The Confederation of Finnish Trade Unions and the Finnish Grocery Trade Association (PTY) demanded on Tuesday to abandon the recommendations to use masks in shops and stores. After about two years of recommending the use of protective equipment, the groups ’announcement came shortly after the Institute for Health and Welfare (THL) announced that it was […]
Wednesday’s newspapers: Russian power plug disconnection, summer work, winter tires
By Kauppalehtinews of the atrocities committed by Russian troops in Ukraine was a turning point that discouraged continued buying energy from Russia. The magazine asked Jari KostamaDirector of Energy Production of the Finnish Energy Industry Association, what it means for Finland to cut energy imports from Russia. The short answer is that Finland is doing […]
Consumer authorities are investigating furniture retailers for misrepresentation "for sale" tariff
The Finnish Competition and Consumer Authority has launched an inquiry into misleading marketing practices in the furniture trade. Pricing practices and the length of discount periods have been a source of ongoing frustration for both authorities and smaller businesses for several years, but a new law coming into force next month is set to address […]
5 most interesting crypts on the market
Buy crypt from Capital.com Cryptocurrencies are generally meant to be immune to state influence and regulation, as the popularity of the industry has grown, this guiding principle has come under threat. Cryptocurrencies formulated after Bitcoin are commonly referred to as “altcoins” and have often attempted to settle for updated or better variations of Bitcoin. Although […]
Grocery Trade Association: Food prices rose 4.5% in February
In February, the prices of groceries in Finnish stores were on average 3.9 per cent higher than in the corresponding month last year, according to the price monitoring report of the Finnish Grocery Trade Association. According to the index, prices for food and non-alcoholic beverages rose about 4.5 percent from February 2021, while prices for […]
Hesburger: Closes all stores in Russia and Belarus "as soon as possible"
Finnish fast food company Hesburger announces plans to close all offices in Russia and Belarus "as soon as possible". In a press release on Tuesday, Hesburger CEO Kari Salmela said the chain plans to close down both countries this summer, as many other international companies have done since Russia’s invasion of Ukraine. However, many Finns […]
Nordic by nature – Scandinavia knows how the outdoors works
As fascinating as the Scandinavian nature is, so diverse is the Northern European outdoor scene. Over 70 outdoor brands from Denmark, Finland, Iceland, Norway and Sweden are united under the Scandinavian Outdoor Group (SOG) umbrella. At OutDoor by ISPO from June 12 to 14 in Munich, you can discover many Scandinavian brands as exhibitors, when […]
OP: Finnish borrowers are increasingly interested in managing interest rate risks
The Finnish financial group revealed that the euro-denominated share of new mortgages hedged against interest rate increases – most often at the interest rate cap – rose by 55 per cent year-on-year in February. New mortgage loans accounted for 41 per cent, which is well over 30 per cent of the total mortgage portfolio. According […]
The Finns acquired portable radios after Russia’s invasion of Ukraine
Finnish electronics stores have seen an increase in sales of battery-powered radios in recent weeks, which suggests that some residents are preparing for the possibility of a future emergency. Sodankylä’s electronics chain Veikon Kone’s sales of portable radios began to rise soon after Russia’s deadly invasion of Ukraine, according to the store’s retailer Jukka Haavisto. […]
Saarikko: The Finnish government will pay 300 million euros to support agriculture
“This package includes fast-acting forms of support that support the solvency of farms,” he said said BTIalso draws attention to the responsibility of food and retailers. “The state is doing its part, but the market is responsible for profitability.” Saarikko said that the ministry’s security of supply working group created as a result of the […]
Stockmann sold the Helsinki flagship department store
The Finnish retailer Stockmann will sell the flagship department store property in the center of Helsinki to the pension company Keva for EUR 400 million, the company announced on Monday. Stockmann plans to continue its operations in the downtown store, at which time Keva paid approximately EUR 391 million at the time of the transaction […]
Culture collection: DR unveils plans for Easter calendar TV show
It’s 60 years since DR broadcast the country’s first Christmas calendar ever, an annual festive TV show in prime time that gets everyone in the Christmas mood, so it’s just as good a year to launch a similar series for Easter. ‘Det Forsvundne Ravkammer’ will consist of eight episodes, which will be broadcast at 20.00 […]
Danish brands stop activities in Russia and Ukraine
Danish brands have stopped their activities in Russia – and also Ukraine. For example, Carlsberg has also closed several of its breweries in Russia, while the painting group Flügger has closed all its operations in the country. In the meantime, the logistics company DSV, like Jysk, has sent all its employees home to Ukraine with […]
The S Group will close all operations in Russia
The Finnish trade and service cooperative S Group has announced that it will close all its operations in Russia. The company has 16 Prisma supermarkets and three hotels in St. Petersburg. President and CEO of the S Group Hannu Krook said there were no longer any grounds to continue operating in Russia after the president […]
IKEA closes store in Russia
The furniture giant is also closing stores in Ukraine and stopping purchases in Belarus The iconic Swedish furniture brand IKEA closes all its stores in Russia and pauses all its purchases in Russia and Belarus when the war in Ukraine enters its second week. Stores in Kyiv were also closed on Thursday, according to the […]
Retailer Lobby: Food prices rose in January
According to the Food Trade Association, food and non-alcoholic beverages rose by 3.2 per cent in January from the previous year. Prices have not risen so fast since January 2014. "Rising costs throughout the supply chain, especially in primary production, have begun to shift to consumer prices for non-alcoholic beverages and food," said the association’s […]
S Group, Alko lifts all Russian products off the shelves
The Finnish state-owned alcohol store Alko and the retail cooperative S Group both announced their plans to remove all Russian products from store shelves due to the country’s attack on Ukraine. "What is happening in Ukraine is shocking and completely reprehensible," Director of the S Group’s grocery trade Sampo Surface Saw said in a statement. […]
Business Round-Up: Strongest Economic Growth in 15 Years
Denmark had an economic growth of 3.9 percent last year, the first projections from Statistics Denmark show. The level is on a par with 2006. According to Danish Industry, one had to go back to 1994 to find higher growth. The strong economic growth in 2021 followed a decline of 2.1 percent in 2020 due […]
Danish supermarket chain wants a new age limit for the sale of alcohol
Sweet 16 for young Coop wants to raise the national age limit for buying alcohol to 18 years. “The road to a changed alcohol culture among our young people requires efforts from all sides of society. In the retail trade, we can contribute by not selling alcohol to young people. ” said Coop’s executive vice […]
Supermarkets are phasing out mailbox advertising
We all know of a mailbox filled with ads, flyers and brochures. While some of us may be flipping through the weekly deals, there are many who discard them right away. So it’s good news that several organizations have issued a joint call for a new system called ‘Advertising – Yes please’, where households have […]
Give yourself a chance: Build a career in Denmark, step by step
Here are five traits that have helped me build my career in Denmark together with relationships at the highest level. – Content first position When I arrived in Denmark, I had very few contacts and a minimal idea of how I could help Danish companies with my skills. I started a blog, but really: I […]
In 2021, organic sales in Finland remained close to the previous year’s level
Organic products were sold in retail in Finland for EUR 407 million in 2021, estimates Luomuliitto Pro Luomu. Sales decreased by 0.5% from the previous year, but have increased by 9.3% from the pre-pandemic 2019. Organic sales developed less than the total sales of the grocery trade, as food sales in the grocery trade increased […]
Grocery store lobby: Wine shops would not increase consumption – but health authorities disagree
Total alcohol consumption would not increase if grocery stores were allowed to sell wine, according to a study published by the Finnish Grocery Trade Association (PTY) on Tuesday. According to a study by the Economic Survey, allowing “mild wines” in grocery stores would reduce total alcohol consumption by 0.6 percent. That equates to about 300,000 […]
Reliability of home Covid test kits exposed to cold temperatures in Finland
Few people read lowercase text, but the manufacturers of Covid home tests clearly state that they cannot guarantee the effectiveness of these products if stored in hot or cold conditions. This only came to the attention of many when the Agency for Security of Supply last week found that temperature limits pose challenges to the […]
A Norwegian grocery delivery challenger arrives in Finland
After following the instructions related to epidemics to stay at home during the last couple of years, Finland’s two largest retailers, the K-Group and the S Group, have grown strongly in grocery distribution services. About a week ago, the Norwegian distribution company Oda quietly entered the Finnish market and started operating in some parts of […]
China’s illegal trade in fentanyl drugs is a major concern for the United States
Peking [China]February 9 (ANI): The illegal trade in synthetic drugs Fentanyl from China has dramatically increased the number of overdoses in the United States, which has eventually led to deaths due to overdose, the think tank Policy Research Group (POREG) reported. Fentanyl is a legally used synthetic opioid in the United States as a powerful […]
More summer vouchers for young people in Helsinki this year
In 2022, all 9th graders living in Helsinki or studying in the 10th and Valma grades, as well as 1st year high school students living in Helsinki, will receive a € 325 summer work voucher to help them find a summer job. The Helsinki summer work voucher can now be applied for electronically for the […]
Monday’s newspapers: War worries, restaurant staff shortages, Covid drugs
A survey ordered and published by the day Helsingin sanomat newspaper shows that more than half of Finns say that they are at least somewhat concerned that the security situation in Ukraine is expanding into an armed conflict that affects Finland in one way or another. Opinion poll A survey conducted by Kantar surveyed the […]
Moro Hub signs partnership agreement with Swedish Axis Communications
DUBAI, 31 January 2022 (WAM) – Moro Hub (Data Hub Integrated Solutions LLC), a subsidiary of Digital DEWA, the digital branch of the Dubai Electricity and Water Authority (DEWA), has signed an agreement with Axis Communications – a Swedish companies that offer video surveillance solutions, access control solutions, audio solutions and intercom. The agreement was […]
Public services addressing staff shortages caused by the coronavirus
The acceleration of coronavirus infections has temporarily taken large numbers out of the labor force, leading to shortages in a number of key public service sectors. The City of Turku, public transport in the Turku region and waste management in southwestern Finland have all announced that they are preparing for the shortage of personnel caused […]
Monday’s newspapers: Regional election conclusions, Covid’s costs
On Sunday, Finns voted in the first provincial election, which elected representatives to 21 new county councils that will decide on social, health and rescue services in each welfare service over the next four years. Coalition candidates rose to the top of opinion polls in a second held jointly by Social Democrats and Center candidates. […]
Wednesday’s newspapers: NCP leads poll, supermarkets reveal summer wages, is winter coming to an end?
According to Helsingin Sanomat, the Conservative Coalition Party topped the voter poll just a few days before the provincial elections. The NCP received 20.7 percent support from respondents with the prime minister Sanna MarinThe Social Democratic Party (SDP) is behind with 19 per cent and the Center with 16.7 per cent. The the paper said […]
The UN report highlights the importance of tourism for economic recovery in 2022
The global economy will contract by 3.4% in 2020 and recover by 5.5% in 2021, after which the world economy is projected to grow by 4% in 2022 and then by 3.5% in 2023. Given its importance as an important export category (before the pandemic), tourism was the third largest in the world. after fuels […]
After the Covid test, VAT cuts retailers lower prices, but some pharmacies have not done so
Most Finnish pharmacies said they passed on the savings to customers after the removal of 24 per cent value added tax (VAT) on home Covid tests at the beginning of the year, according to an unofficial survey by members of the Finnish Pharmacy Association. AFP). The group said that by noon on Tuesday, about half […]
14% of German companies feel that their survival is at stake
“Feelings of risk are particularly common in travel agents and tour operators, 73.2 per cent, and in event companies, 67.4 per cent,” says Klaus Wohlrabe, ifon research director. In retail, 17.1 per cent of companies spoke of a threat to survival in December (June: 14.4 per cent). “This is also the result of consumer restraint,” […]
Rights groups are urging Tesla to close showrooms in China’s Xinjiang
SHANGHAI – American human rights and trade groups on Tuesday blew up Tesla’s New Year’s announcement that they had opened a showroom in Xinjiang, the latest foreign company caught up in tensions related to the Chinese region in the far west, where internment camps have been widely criticized. The Council on American-Islamic Relations, the United […]
Tesla criticized for “supporting genocide”.
Elon Musk’s electric car maker is in hot water for opening a showroom in a Chinese region that is alleged to be plagued by human rights violations The announcement by electric car maker Tesla that they have opened a showroom in China’s Xinjiang has been met with outrage from US rights and trade groups, as […]
Potato stew? Life beyond Chips n Fries
By Pushpesh PantNew Delhi [India]January 4 (ANI): The potato has always been treated as a plebeian vegetable in India, but in many other countries it is the base that replaces cereals. Ever since tuber solanum tuberosum made its journey from the South American continent to the older world, chaperoned by Portuguese conquistadors, it has played […]
Acceleration, smoking, scooter riding: New laws to keep an eye on
On 1 January, a number of new laws came into force in Denmark. Get an overview of the changes below: Gender-based attacks classified as hate crimes An amendment to the Penal Code has been passed in the Folketing, which allows attacks motivated by “gender identity, gender characteristics and gender expression” to be punished as hate […]
IKEA raises prices by almost 10%
Ongoing problems in the supply chain continue to disrupt the dealer’s operations The iconic Swedish furniture brand IKEA has announced plans to increase the prices of its historically budget-friendly goods by 9% as soon as next year, due to bottlenecks in the supply chain and rising material costs when the pandemic continues. The Swedish furniture […]
Finland is preparing for a quiet New Year’s Eve in the shadow of Omicron
Grocery stores and Alko stores across the country report a busy end to the year as customers procure food and beverages before the second consecutive New Year celebration at Covid. In Finland, hand disinfection points, safety distances and face shields, which have become familiar attractions throughout the pandemic, are increasingly needed, especially as the number […]
Holiday Reminder: Christmas shortens opening hours, changes transportation schedules
Christmas is the busiest time of the year for Finnish grocery stores, and today retail chains strive to keep their doors open for as long as possible during the holidays. This means that there will be regional and trade group differences in the opening hours of grocery stores in the coming days. For example, about […]
National Round-Up: Vaccine skeptics share infected ‘lollipop’ to get corona pass
Vaccine skeptics take an approach to coronavirus rules that many may find surprising. Given that the rules are making it increasingly difficult to live a ‘normal life’ without being vaccinated, many are deliberately infecting themselves with corona so that they can qualify for a corona pass once they have recovered. TV2 recently spoke to two […]
Summary: US snowboard, alpine elites prepare for the 2022 Beijing Olympics
By Peter Mertz COPPER MOUNTAIN, USA, November 30 (Xinhua) – The finals of the US men’s and women’s alpine, freeski and snowboard squads will not be decided until two December qualifying events, but the core of next year’s Beijing 2022 Team USA is formed daily and has a star-studded actor of returning Olympians. Between Shaun […]
The peak season is bustling – E-commerce Christmas shopping started earlier this year
The increase in e-commerce activity caused by the COVID-19 pandemic has come to stay and the trade is moving online permanently. “The Christmas season is the busiest time of the year for us, and all types of delivery have seen growth: packages are delivered to people’s homes, for pick-up and mail times. Our renewed home […]
He doesn’t like talking about the new mumps
“I get the feeling we were connected, almost like friends,” says Edith Randy Ásgeirsdóttir, designer of the squinted bonus pig. The piggy has undergone a metamorphosis, and the decision to say goodbye to the good old pig is controversial. Changes to one of the most famous brands in the history of Icelandic retail, the so-called […]
According to EK, business confidence will rise, but consumers will be more cautious in November
The level of business confidence in Finland continued to rise in November, according to the Confederation of Finnish Industries EK. Employer lobbies found that confidence grew in industry, construction, retail and trade. However, the confidence indicator for service companies weakened slightly compared to October, but remained above the long-term average, according to the Confederation. "Yes, […]
Companies have given the green light to ask employees for a corona pass
The government has given companies the green light to ask their employees to have a corona passport. It was made possible thanks to a tripartite agreement reached by the government, employers and trade unions two weeks ago, and it became law today. Failure to take a test when asked to do so by an employer […]
