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FAO: Food price index on the rise


Global food commodity prices rose in April, driven by rising prices of cereals, meat and dairy products that outpaced declines in sugar and vegetable oils, the UN Food and Agriculture Organisation said today. The FAO food price index, which tracks monthly changes in a basket of internationally traded food products, averaged 128.3 points in April, up 1 per cent from the March estimate of 127.1 points. Note below the inflationary peak of 2022

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Amazon invests $4 billion to expand delivery network in rural America


This investment will grow the company's rural delivery network footprint to over 200 delivery stations. According to Amazon, once the expansion is complete, its network will be able to deliver more than 1 billion more packages each year to customers living in over 13,000 postcodes covering 1,200,000 square miles - an area the size of Alaska, California and Texas combined. Amazon opened its first rural delivery station in 2020. Three years later, it began scaling its small-town delivery network and has already experienced a 50 per cent improvement in delivery speed on average

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Shein: Price rise up to 377% and IPO stalls in London


Shein is exploring ways to restructure its US business in case the Trump administration sticks to punitive tariffs on Chinese imports, which has jeopardised its plans for a London stock market listing. The fast fashion company's US business - which accounts for about a third of its $38 billion in annual revenue - will be put to the test when a tax exemption known as the "de minimis"... ...The US is replacing the 'de minimis' exemption - which applied to shipments valued at less than $800 - with a 120% tariff or a flat rate of $200, depending on how the goods are delivered. The changes will apply to shipments from China and Hong Kong... About Shein read here

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Product e-commerce rises by 6 per cent to over EUR 40 billion by 2024


In the 'product' cauldron, one finds practically everything: the Food & Grocery and Beauty&Pharma segments show an above-average increase (with growth rates of around 7%), while Clothing, Computers & Consumer Electronics and Furniture & Home Living are in the average range, at around 5%/ 6%. Overall, according to theNetcomm B2c eCommerce Observatory - School of Management of the Milan Polytechnic, online penetration of total Retail product purchases (online offline) is11.2% of the total and this marks an increase of just half a percentage point compared to 2024.

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The Carrefour Group completed the acquisition of the remaining shares of Grupo Carrefour Brasil (Atacadão SA), thereby gaining full control of its Brazilian subsidiary


and initiating the delisting process from the São Paulo Stock Exchange (B3). The transaction, approved by 59% of minority shareholders, represents a strategic step to strengthen the group's presence in the Brazilian market, which contributes around 20% of Carrefour's global gross sales...With this acquisition, Carrefour aims to simplify its corporate structure and improve its operational agility in Brazil, a key market for the group. Full ownership will allow more efficient management and a greater ability to adapt to local dynamics Below. Francesco De Marchi, head of the subsidiary where I worked in 1979