Associated British Foods (ABF-L) is a publicly listed company in the UK. It has a five different arms: Grocery, Sugar, Agriculture, Ingredients and Retail. Employing 128,000 people, it is the 8th largest private-sector employer in the UK, according to Disfold. Going by most revenue, Retail comes first with £5.5 billion. It includes the Ireland-based PrimarkContinue reading “Associated British Foods (Company review) – November 2021”
Category Archives: business
A Slowdown in China? – November 2021
China’s economy is headed for a slowdown. Power shortages, crackdowns on property speculation and a zero-tolerance covid-19 strategy is leading some to believe that the rebound from the virus-induced recession and lockdown is losing steam. The latest data show that China grew 4.9% in the July-September quarter from a year earlier, down from 8% inContinue reading “A Slowdown in China? – November 2021”
Is net-zero achievable by 2050? – November 2021
COP26, the United Nation’s Climate Change Conference, is now underway. Its goal is to lower carbon emissions enough to limit temperature increases to less than 2 degrees celsius compared to pre-industrial levels and ideally to no more than 1.5 degrees. The pre-industrial era refers to the 1880-1900 period. Although contested by some, it is generallyContinue reading “Is net-zero achievable by 2050? – November 2021”
Is Poland Going To Leave the EU? – October 2021
This article is related to the potential devaluation of the Polish złoty due to Polish government leaving the EU or squashing central bank independence. On October 7, 2021, Poland’s Constitutional Court ruled that key articles of the European Union were incompatible with Polish law. Now the European Union is threatening to withhold Covid relief moneyContinue reading “Is Poland Going To Leave the EU? – October 2021”
Thoughts on Inflation – October 2021
The United States Bureau of Labor Statistics reports the Consumer Price Index (CPI) monthly and is probably the most widely used gauge of inflation. It takes surveys from people in urban areas and compiles them into a report. But there are different measures for inflation, one that might be more accurate than the CPI isContinue reading “Thoughts on Inflation – October 2021”