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They’re the atheists, the agnostics, the “nothing in particular.” Many are “spiritual but not religious,” and some are neither or both. “I grew up Methodist, but I don’t follow any religion,” said John, 32. But nones said in interviews they were happy to leave religion behind, particularly in toxic situations, and find community elsewhere. While they don’t describe their explorations as spiritual, they aim to inspire wonder and purpose in their children. ___Associated Press religion coverage receives support through the AP’s collaboration with The Conversation US, with funding from Lilly Endowment Inc.
Persons: Mike Dulak, , Dulak, , Ryan Burge, they’re, Emma Komoroski, Alric Jones, , Jones, ’ ”, he’ll, I’m, ” Jones, agnostics, ” Burge, ” Dulak, “ It’s, Burge, It’s, I’ve, Mia Vogel, I’ll, Alcoholics Anonymous, Jay Geisler, “ there’s, Geisler, GUS, Guy, , ’ ” Geisler, John, Linda, nones, ” Marjorie Logman, doesn’t, Logman, hadn’t, “ I’m, Ashley Miller, Miller, Linley Sanders, Emily Swanson, Jessie Wardarski Organizations: Catholic, Southern Baptist, Eastern Illinois University, Associated Press, NORC, for Public Affairs Research, AP, Christianity, University of Missouri, Alcoholics, Episcopal, Pittsburgh Recovery Center, Methodist, Lilly Endowment Inc Locations: Southern California, Rocheport , Missouri, Catholic, Southern, , U.S, Ozark, Arkansas, Missouri, Michigan, Mt . Vernon , Illinois, Aurora , Illinois, Adria
An illuminated Google logo is seen inside an office building in Zurich, Switzerland December 5, 2018. The Justice Department has accused Google of manipulating online auctions - a multibillion dollar industry dominated by Google - with these formulas to favor its own bottom line. Dahlquist asked Juda if they had introduced changes to ad sales in a way that raised the cost-per-click by a consumer that advertisers pay. But Wendy Waszmer, a lawyer for Google, asked Juda on Wednesday afternoon on if there were ways that his ads quality team could raise prices unilaterally. Google's advertising business has been criticized by advertisers and website publishers for a lack of transparency, with both accusing Google of siphoning off too much revenue.
Persons: Arnd, Adam Juda, David Dahlquist, Juda, Dahlquist, Wendy Waszmer, Diane Bartz, Aurora Ellis Organizations: REUTERS, WASHINGTON, U.S . Justice Department, The, Google, Justice, European Union, LTV, Thomson Locations: Zurich, Switzerland, Washington, United States
By joining forces, the states hope to counter the pain rippling across the nascent U.S. offshore wind industry, which is expected to play a key part in decarbonizing the power sector and revitalizing domestic manufacturing. The three states will seek multi-state offshore wind proposals for selection in 2024 for up to 6,000 megawatts (MW) of power. “One year ago, Avangrid was the first offshore wind developer in the United States to make public the unprecedented economic headwinds facing the industry," Avangrid said in a release. Avangrid has said it planned to rebid the Park City project in future offshore wind solicitations. Those Massachusetts power companies include units of Eversource Energy (ES.N), National Grid (NG.L) and Unitil (UTL.N).
Persons: Brian Snyder, Maura Healey, Avangrid, France's, Scott DiSavino, Aurora Ellis Organizations: REUTERS, American, Offshore WINDPOWER Conference, Eversource Energy, Grid, Shell, Thomson Locations: Rhode, U.S, New England, Massachusetts, Rhode Island and Connecticut, Connecticut, Boston, Park City, United States, Park
Amazon Web Services to open development centre in Kenya
  + stars: | 2023-10-04 | by ( ) www.reuters.com   time to read: +1 min
A logo for Amazon Web Services (AWS) is displayed at the Collision conference in Toronto, Ontario, Canada June 23, 2022. REUTERS/Chris Helgren/File Photo Acquire Licensing RightsNAIROBI, Oct 4 (Reuters) - Amazon Web Services (AWS), the company's cloud-computing division, said on Wednesday it would open a development centre in Kenya's capital Nairobi, creating jobs in software development, cloud support, and software engineering. Sometimes dubbed the "Silicon Savannah", Kenya is one of Africa's biggest technology hubs, hosting offices of some of the world's tech giants alongside thriving startups. "This centre will enable the local market to tap into an incredible pool of technical talent," said Uwem Ukpong, vice president of global services at AWS. "The Kenyan technology sector continues to be a source of growth and job creation at a time when there is so much uncertainty in the world," said Kenya's President William Ruto.
Persons: Chris Helgren, Uwem Ukpong, William Ruto, Hereward Holland, Aurora Ellis Organizations: Amazon Web Services, REUTERS, Rights, Web Services, Netflix, General Electric, Sony, Thomson Locations: Toronto , Ontario, Canada, Rights NAIROBI, Kenya's, Nairobi, Kenya, Kenyan
Mohamed's decision to leave the consortium could reduce complications for the Texas-based company should U.S. authorities decide to levy sanctions on the pair or file an indictment. The construction of the shore base is part of Exxon’s efforts to expand oil production off Guyana’s coast, an important part of the company's growth plans. Following the Reuters report in July, Exxon had made an internal decision to remain neutral on the Mohameds, according to four sources with knowledge of the matter. Nazar was quoted in local media on Tuesday saying his decision to leave the consortium was based on religious beliefs. Reporting by Sabrina Valle; Editing by Richard Valdmanis, Richard Chang and Aurora EllisOur Standards: The Thomson Reuters Trust Principles.
Persons: Nazar Mohamed, Azruddin, Mohamed's, Alistair Routledge, Mohamed, Exxon, Andron Alphonso, Nicholas Deygoo, Boyer, Jan De Nul, Nazar, Washington, , , George McEachern, Sabrina Valle, Richard Valdmanis, Richard Chang, Aurora Ellis Organizations: Exxon, Exxon Mobil Corp, Reuters, Mohamed’s, NRG Holdings, Company, U.S, FBI, International Corruption, Thomson Locations: Guyana HOUSTON, American, Texas, U.S, United States, Venezuela, Guyana, Vreed, European
A United Airlines Airbus A319-100 jet takes off from Washington National Airport in Washington, U.S., August 9, 2017. The latest order is the second major aircraft purchase by United over the past year. In December, it unveiled a huge order of 100 Boeing 787 Dreamliners and 100 737 MAXs. The large 787 order is likely to raise further questions about the future of outstanding United orders for 45 Airbus A350s which have already been deferred to at least 2030. Nocella said while A350 is a "great machine" and there is no change in the company's order, United is focused on its 787 fleet in the short-run.
Persons: Joshua Roberts, Andrew Nocella, Nocella, It's, Valerie Insinna, Rajesh Kumar Singh, Mehr Bedi, Tim Hepher, David Shepardson, Shounak Dasgupta, William Maclean, Bernadette Baum, David Gregorio, Aurora Ellis Organizations: United Airlines Airbus, Washington National Airport, REUTERS, United Airlines, Tuesday, Boeing, Airbus, Reuters, Air Canada, Air France, KLM, U.S, United, Thomson Locations: Washington , U.S, Chicago, United, North America, U.S, Washington, Bengaluru
[1/2] A press conference as members of the Culinary Workers Union Local 226 ahead of 2020 presidential election in Las Vegas, Nevada, U.S., February 13, 2020. Workers are negotiating for a new five-year contract to boost wages and benefits as tourism in Las Vegas recovers from depressed visitor levels during the pandemic. The Las Vegas unions are among the most powerful in the United States, covering workers that wait tables, clean hotel rooms and prepare food. Over 3.3 million people visited Las Vegas in August 2023, a 7% decrease from levels during the same period in 2019 before the pandemic, according to data from the Las Vegas Convention and Visitors Authority. About 95% of hospitality workers voted on Sept. 26 to authorize a strike across 22 properties on the Las Vegas Strip.
Persons: Eric Thayer, Ted Pappageorge, Wynn, Pappageorge, they’d, Barry Jonas, Jonas, Doyinsola Oladipo, David Gaffen, Aurora Ellis Organizations: Culinary Workers Union Local, REUTERS, Vegas, MGM Resorts International, Caesars Entertainment, Wynn Resorts, Workers, Las, Las Vegas Convention, Visitors Authority, MGM Resorts, Caesars, housekeepers, MGM, Wynn, Thomson Locations: Las Vegas , Nevada, U.S, Las Vegas, United States, New York
SYDNEY, Oct 4 (Reuters) - Less than 24 hours since residents in parts of Australia's Victoria state fled bush fires, state authorities are now warning of flooding as heavy rain douses flames and lifts rivers in the southeastern state. First responders overnight rescued a farmer in the area who got trapped after driving through floodwaters, according to chief officer operations Tim Wiebusch at Victoria state emergency service. "But over these next 24, 48 hours, flash flooding, riverine flooding is really the key risk. Firefights are still working to contain bush fires in two parts of Victoria state but authorities said there was no immediate threat to nearby residents. State fire authorities said conditions eased overnight although several properties were lost and firefighters still worked to contain the blaze.
Persons: Tim Wiebusch, Lewis Jackson, Aurora Ellis Organizations: SYDNEY, Australian, of Meteorology, Meteorology, Thomson Locations: Australia's Victoria, Victoria, New South Wales, Bermagui, Sydney . State
[1/2] A worker clears debris so delivery vehicles can exit a FedEx Ground distribution center in this aerial photograph taken over Carson, California, U.S., September 16, 2022. "They have to fight for every package right now, it's great for shippers," said LJM Consultants partner Kenneth Moyer, a former UPS pricing negotiator who now works with delivery customers. The world's biggest parcel delivery firm added it is using price negotiations to encourage attractive high-margin or high-volume customers, while discouraging high-cost deliveries. Third quarter ground delivery rates are forecast to fall 0.55% per package versus a the year earlier period, according to the TD Cowen/AFS Ground Pacrel Freight Index. But experts are skeptical, particularly as UPS offers to cover early termination fees for customers that switched to FedEx.
Persons: Bing Guan, That's, Kenneth Moyer, Deyman Doolittle, Wall, Moyer, Mark Taylor, Taylor, Satish Jindel, ShipMatrix, Micheal McDonagh, Yokeley, Lisa Baertlein, Ben Klayman, Aurora Ellis Organizations: FedEx, REUTERS, United Parcel Service, UPS, U.S . Postal Service, LJM, Cowen, Reuters Graphics Reuters, Teamster, Department, USPS, Amazon, AFS Logistics, International Brotherhood of Teamsters, Teamsters, Thomson Locations: Carson , California, U.S, Macy's, Los Angeles
SYDNEY (Reuters) - Less than 24 hours since residents in parts of Australia's Victoria state fled bush fires, state authorities are now warning of flooding as heavy rain douses flames and lifts rivers in the southeastern state. First responders overnight rescued a farmer in the area who got trapped after driving through floodwaters, according to chief officer operations Tim Wiebusch at Victoria state emergency service. "But over these next 24, 48 hours, flash flooding, riverine flooding is really the key risk. Firefights are still working to contain bush fires in two parts of Victoria state but authorities said there was no immediate threat to nearby residents. State fire authorities said conditions eased overnight although several properties were lost and firefighters still worked to contain the blaze.
Persons: Tim Wiebusch, Lewis Jackson, Aurora Ellis Organizations: SYDNEY, Australian, of Meteorology, Meteorology Locations: Australia's Victoria, Victoria, New South Wales, Bermagui, Sydney . State
JUCHITAN, Mexico, Mexico, Oct 2 (Reuters) - Several hundred migrants in southern Mexico awaited buses north on Monday under a new government program meant to help manage the numbers arriving, as Mexico's president said 10,000 people have been reaching the northern border with the U.S. daily. Thousands of migrants have crossed into the U.S. from Mexico in recent weeks, alarming officials in U.S. border cities and prompting delays to trade. Salma was among about 400 people, including families with small children, awaiting buses headed to the state capital or Mexico City. In September, the number of migrants encountered at the U.S.-Mexico border was on pace to approach, or surpass, previous monthly highs. Lopez Obrador called for countries to address root causes driving migration and lamented the deaths of 10 Cuban migrants in a traffic accident in southern Mexico on Sunday.
Persons: we've, Victor Salma, Salma, Jesus Gonzalez, Jose Luis Gonzalez, Andres Manuel Lopez Obrador, Lopez Obrador, Papa, Jose Cortes, Lizbeth Diaz, Laura Gottesdiener, Raul Cortes, Daina Beth Solomon, Aurora Ellis, Gerry Doyle, Simon Cameron, Moore Organizations: U.S, Reuters, CBP, REUTERS, Texas National Guard, U.S . Customs, Border Protection, Thomson Locations: JUCHITAN, Mexico, U.S, Tijuana, San Diego , California, Juchitan, Oaxaca, Venezuela, Mexico City, United States, Ciudad Juarez, Texas, Monterrey
[1/2] Mexico's President Andres Manuel Lopez Obrador and Chile's President Gabriel Boric (not pictured) deliver a statement to the media at La Moneda government palace in Santiago, Chile, September 10, 2023. Some 6,000 people are entering southern Mexico daily, Lopez Obrador said, and even higher numbers have been reaching the U.S.-Mexico border. "Last week, 10,000 migrants reached the northern border every day," Lopez Obrador said at his regular morning press conference. In September, the number of migrants encountered at the U.S.-Mexico border was on pace to approach, or surpass, previous monthly highs. Lopez Obrador emphasized officials must address root causes driving migration, including people's need to find work and improve their living conditions.
Persons: Andres Manuel Lopez Obrador, Gabriel Boric, Ivan Alvarado, Lopez Obrador, Laura Gottesdiener, Raul Cortes, Aurora Ellis Organizations: La, REUTERS, Rights, U.S, Sunday, Thomson Locations: Santiago , Chile, Rights MONTERREY, Mexico, U.S, Mexican, Chiapas, Monterrey, Mexico City
Oct 1 (Reuters) - Annual inflation in Peru decelerated to 5.04% in September to hit its lowest level in more than two years, according to official figures published on Sunday, though consumer prices remained some way above the central bank's target rate. Data from national statistics agency INEI showed the key index based on the metropolitan region of Lima slowed to its lowest level since August 2021, when it stood at 4.95%. On a month-to-month basis the Lima Consumer Price Index, Peru's inflation benchmark, inched up 0.02% in September, well below the 0.38% increase in August. The figures are a boost to Peru's bid to wrestle inflation back to the central bank's official target of 2%, plus or minus one percentage point. Reporting by Diego Ore in Mexico City and Jose Joseph in Bengaluru Editing by Drazen Jorgic and Aurora EllisOur Standards: The Thomson Reuters Trust Principles.
Persons: INEI, Diego Ore, Jose Joseph, Drazen Jorgic, Aurora Ellis Organizations: Lima Consumer, Diego, Thomson Locations: Peru decelerated, Lima, Mexico City, Bengaluru
By Nivedita BaluTORONTO (Reuters) - A grizzly bear attacked and killed two people and their dog in Alberta's Banff National Park, according to Canadian park officials and a friend of the victims. The victims were a Canadian couple and their dog, according to Kim Titchener, the founder of Bear Safety and More and also a friend of the family. Titchener, who provides training on bear safety and bear assessments, said such encounters are increasing as more people head outdoors but fatal attacks are extremely rare. Banff National Park, which attracts more than four million tourists every year, is home to both grizzly and black bears. There are about 60 grizzly bears in Banff National Park and are considered to be a threatened population in the Alberta, Titchener noted.
Persons: Balu TORONTO, Kim Titchener, It's, Titchener, Nivedita Balu, Aurora Ellis, Lincoln Organizations: Parks Canada, Park, Bear Safety, Parks Locations: Banff, Ya Ha, Canadian, hibernating, Alberta, Red Deer, Parks Canada, Toronto
Now, the world's .01% are seeking submersible vessels to accessorize their latest superyacht purchase, The Washington Post reports. "Yacht owners are, by and large, people who have an interest in the ocean," Patrick Lahey, founder of Triton Submersibles, previously told Insider. The disaster may have sparked more interest in extreme adventures from the wealthy, Phillippe Brown, founder of Brown and Hudson travel company, previously told Insider. Valery Hache/AFP via Getty ImagesAt Triton Submersibles, a vessel can cost between $2.5 million and $7 million, Insider reported. AdvertisementAdvertisement"Even after a thousand dives, it never stops being exciting," Charles Kohnen, co-founder of SEAmagine, told the Times.
Persons: , Ofer Ketter, Jeff Bezos, Patrick Lahey, Triton Submersibles, Phillippe Brown, Brown, Valery Hache, Ian Sheard, Charles Kohnen, SEAmagine Organizations: Service, Washington Post, New York Times, Amazon, International Monaco, Getty, Times Locations: Hudson, AFP, Aurora
A snow covered road leads up a hill at dusk in Banff National Park near Lake Louise, Alberta December 2, 2011. REUTERS/Mike Blake/File Photo Acquire Licensing RightsTORONTO, Oct 1 (Reuters) - Two people were found dead in a grizzly bear attack in Alberta's Banff National Park, Parks Canada said in a statement. The response team arrived on-site overnight where they discovered two deceased individuals. An area closure around Red Deer and Panther valleys has been implemented and will remain in place until further notice, Parks Canada said. Banff National Park, which attracts more than four million tourists every year, is home to both grizzly and black bears.
Persons: Mike Blake, Nivedita Balu, Aurora Ellis Organizations: REUTERS, Rights, Park, Parks, Parks Canada, Thomson Locations: Banff, Lake Louise , Alberta, Alberta's Banff, Parks Canada, Ya Ha, Red Deer, Toronto
Brazil's Lula Leaves Hospital After Hip Surgery
  + stars: | 2023-10-01 | by ( Oct. | At P.M. | ) www.usnews.com   time to read: +1 min
BRASILIA (Reuters) - Brazilian President Luiz Inacio Lula da Silva left hospital on Sunday two days after hip surgery and will spend three weeks recovering at the Alvorada presidential residence, his office and doctors said. Lula underwent surgery at the Sirio-Libanes Hospital on Friday for arthrosis of the right hip caused by the extremely painful wear and tear of the cartilage on the head of the femur. His doctors had expected him to remain in the hospital until Tuesday, but he began to walk on Saturday in physiotherapy sessions. The hospital reported he had walked up and down stairs on Sunday. The arthroplasty, carried out under general anesthetic, involved removing the head of the femur to implant a prosthesis.
Persons: Luiz Inacio Lula da Silva, Lula, Giancarlo Polesello, Anthony Boadle, Aurora Ellis Organizations: Reuters, Libanes, United Locations: BRASILIA, United Arab Emirates, Alvorada
Oct 1 (Reuters) - The International Longshore and Warehouse Union (ILWU) representing U.S. dockworkers has filed for a chapter 11 bankruptcy protection to resolve a pending litigation with the Oregon affiliate of the International Container Terminal Services Inc (ICTSI). The union has listed its assets and liabilities in the range of $1 million to $10 million, according to the Sept. 30 filing made in a San Francisco court. "While we have attempted numerous times to resolve the decade-long litigation with ICTSI Oregon, at this point, the Union can no longer afford to defend against ICTSI's scorched-earth litigation tactic", said ILWU International President Willie Adams. The union in August ratified a six-year contract for U.S dockworkers that improved pay and benefits for 22,000 employees at 29 ports stretching from California to Washington State. Reporting by Jose Joseph in Bengaluru; Editing by Aurora EllisOur Standards: The Thomson Reuters Trust Principles.
Persons: dockworkers, Willie Adams, ICTSI, Jose Joseph, Aurora Ellis Organizations: Warehouse Union, Oregon, International Container Terminal Services, ICTSI, ICTSI's, Union, Port, Wall, U.S, Washington State, Thomson Locations: San Francisco, ICTSI Oregon, Port of Portland, Philippines, United States, Canada, California, Washington, Bengaluru
Tesla has failed to investigate complaints of racist conduct and has fired or otherwise retaliated against workers who reported harassment, the EEOC said in the lawsuit. The lawsuit adds federal charges to discrimination claims by the state of California and lawsuits by Tesla employees. It follows the breakdown of settlement talks with the EEOC after Tesla announced that the agency had formally raised its concerns last year. The department alleges that Tesla discriminated against Black workers when making decisions about pay, promotions and work assignments. Tesla is also facing a class action lawsuit in California state court over the alleged mistreatment of Black factory workers.
Persons: Tesla, Charlotte Burrows, Stephen Lam, Burrows, , Owen Diaz, Diaz, Black, Daniel Wiessner, Leslie Adler, Daniel Wallis, Alexia Garamfalvi, Aurora Ellis Organizations: Tesla, U.S, Tesla Inc, Opportunity Commission, Motorists, REUTERS, California Civil Rights Department, Thomson Locations: Fremont , California, U.S, California, Fremont, Black, Albany , New York
REUTERS/Arnd Wiegmann//File Photo Acquire Licensing RightsSept 28 (Reuters) - A New York state judge on Thursday rejected a bid by Uber Technologies Inc (UBER.N), DoorDash Inc and Grubhub Inc to block New York City's novel law setting a minimum wage for app-based delivery workers. The law will require companies to pay delivery workers $17.96 an hour, which will rise to nearly $20 in April 2025. App-based delivery workers are usually treated as independent contractors rather than company employees, so general minimum wage laws do not apply to them. They say city officials based the minimum wage law based on flawed studies and statistics. The companies allege the city's surveys of delivery workers were biased and designed to elicit responses that would justify a minimum wage.
Persons: Arnd, Nicholas Moyne, Moyne, Uber, Daniel Wiessner, Chris Reese, Aurora Ellis Organizations: REUTERS, Uber Technologies, DoorDash Inc, Grubhub Inc, New York, Companies, New York City Department of Consumer and Worker, Thomson Locations: Davos, Switzerland, York, Moyne, United States, Albany , New York
Inside a GameStop store Sony PS5 gaming consoles are pictured in the Manhattan borough of New York City, New York, U.S., November 12, 2020. REUTERS/Carlo Allegri/File Photo Acquire Licensing RightsCompanies Sony Group Corp FollowTOKYO, Sept 28 (Reuters) - Sony Group (6758.T) said on Thursday its gaming chief Jim Ryan would retire next March, with group President Hiroki Totoki to become interim CEO during the search for a successor. Ryan, who is British, become CEO of Sony Interactive Entertainment (SIE) in 2019 and oversaw initiatives including the launch of the PlayStation 5 console the following year. "Jim no longer wants to manage the tradeoff between having a job in the U.S. and a home in the UK," SIE said in a statement. Reporting by Sam Nussey; Editing by Jamie Freed and Aurora EllisOur Standards: The Thomson Reuters Trust Principles.
Persons: Carlo Allegri, Jim Ryan, Hiroki Totoki, Ryan, Jim, SIE, Sam Nussey, Jamie Freed, Aurora Ellis Organizations: GameStop, Sony, REUTERS, Sony Group Corp, Sony Group, Sony Interactive Entertainment, PlayStation, Thomson Locations: Manhattan, New York City , New York, U.S
Abortion rights protesters gather for a rally in Columbus, Ohio, after the United States Supreme Court ruled in the Dobbs v Women's Health Organization abortion case, overturning the landmark Roe v Wade abortion decision, June 24, 2022. The law took effect after the U.S. Supreme Court last year overturned its landmark Roe v. Wade ruling that had guaranteed abortion rights nationwide. Ohio Solicitor General Benjamin Flowers at arguments on Wednesday asked the Supreme Court of Ohio to reverse a preliminary order blocking the law. Jessie Hill, a lawyer for abortion providers challenging the law, said that "longstanding, well-established rules" in Ohio bar the state from appealing preliminary orders before final judgment. Ohioans will vote in November on a referendum that would explicitly add a right to abortion to the state constitution.
Persons: Wade, Megan Jelinger, Mike DeWine, Benjamin Flowers, Flowers, Jessie Hill, Hill, Ohioans, Brendan Pierson, Alexia Garamfalvi, Aurora Ellis Organizations: United States Supreme, Women's Health Organization, REUTERS, Wednesday, Ohio Supreme, Republican, U.S, Supreme, Voters, Thomson Locations: Columbus , Ohio, Dobbs, Ohio, Cincinnati, New York
In volatile trading, the U.S.-listed shares of several cannabis firms rose immediately after the Senate vote. Investors expected it to exit the banking committee. An earlier version of the bill, the SAFE Banking Act, had failed to secure a Senate vote despite being passed seven times by the U.S House of Representatives. As a result, legal cannabis companies are denied access to financial services. To get it through the Senate banking committee is a major achievement," Boris Jordan, billionaire founder of Curaleaf Holdings, said in an interview.
Persons: Chris Wattie, Jesse Redmond, Redmond, We've, it's, Boris Jordan, Jordan, Chibuike Oguh, Suzanne McGee, Michelle Price, Lance Tupper, Bill Berkrot Organizations: Canopy Growth Corporation, REUTERS, U.S, U.S . Senate, Aurora, Cronos, SNDL Inc, Curaleaf Holdings, Tilray, Cannabis ETF, Cannabis, Tower Research, Investors, SAFE, Thomson Locations: Smiths Falls , Ontario, Canada, U.S, New York, Bengaluru
Shopify invests in wholesale platform Faire
  + stars: | 2023-09-27 | by ( ) www.reuters.com   time to read: +2 min
REUTERS/Chris Wattie/File Photo Acquire Licensing RightsLONDON, Sept 27 (Reuters) - E-commerce giant Shopify (SHOP.TO) is investing in wholesale platform Faire, the companies said on Wednesday, in a global deal that would see the start-up adopt Shopify technology for its clients. Faire, founded in 2017 and valued at $12.59 billion, would become the recommended wholesale marketplace for Shopify merchants. Shopify's director of product Aneeqa Khan said the partnership would make it easy for Shopify merchants to find wholesale buyers, and enable retailers to source from Faire's network of brands. Faire said the most popular search filter on its platform is "Not on Amazon", as retailers look to source less widely available products. For Shopify, which sells tools to create and manage online store-fronts, this is the latest in a series of deals.
Persons: Chris Wattie, Shopify, Aneeqa Khan, Max Rhodes, Rhodes, Helen Reid Organizations: REUTERS, New York Stock Exchange, aURORA, Thomson Locations: Ottawa , Ontario, Canada, United States, Europe
REUTERS/Florence Lo/Illustration/File Photo Acquire Licensing RightsSHANGHAI, Sept 26 (Reuters) - Discount e-commerce is set to dominate globally during the critical upcoming holiday shopping season in the West and Singles’ Day in China, analysts said. Platforms in China, the world’s largest e-commerce market, have recently described a “value-for-money battle” stoked by economic insecurity and a slower-than-expected retail recovery following the lifting of COVID-19 curbs late last year. “There was a clear vacuum for the discount retailer online experience ... Across the world, executives are now focusing on price pressures as discount online retailers gain increasing market share. In the West, the inflation driven consumer wants something cheaper because they're going through a moment of financial insecurity,” Ho said.
Persons: Florence Lo, , thrall, Sharon Gai, ” Humphrey Ho, Rui Ma, Trudy Dai, Alibaba, ” Ho, Casey Hall, Vanessa O'Connell, Aurora Ellis Organizations: PDD Holdings, REUTERS, Rights, West, Deal, Hylink, Amazon ., Tmall, Thomson Locations: China, Southeast Asia, North America, Europe, United States, Douyin, Canada, Australia, America, U.S, Amazon, Amazon . Indonesia
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