Amazon has confirmed it will close all 19 of its Amazon Fresh grocery stores in the UK, placing around 250 jobs at risk. The move marks a significant retreat from the technology giant’s effort to break into high street food retail. The Fresh stores, launched in London in 2021, were designed to showcase Amazon’s ‘Just
Weakening external demand and domestic price wars have squeezed margins. Narrower margins have forced companies across the private sector to cut jobs. The continued rise in unemployment may affect domestic demand, potentially slowing the transition to a consumption-led economy. US Visa Policy Escalates Labor Market Strain Deteriorating labor market conditions coincide with attempts by the
In 2007, when Microsoft announced it was opening a software development center in Vancouver, the American tech giant explained it was making the move because of hassles getting H-1B visas for highly skilled employees from overseas, given the U.S. government’s recent reduction in national quotas on the hard-to-get work permits. Canada had no such caps.
• DisCos say costly market threatens recovery• Energy theft, illegal connections crippling revenue, says Oduntan• New tariff gaps widen subsidy risks• Experts warn of regulatory conflicts• FG, partners step in to help states with technical skills Nigeria’s push for a decentralised electricity market is facing deadlock in 24 states, as tariff structure and debt crisis […]