Tag Archive : spending

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(Bloomberg) — France is preparing incentives for consumers to shift spending habits to used electronics, in an attempt to lower the impact on the environment and provide a boost to local ecommerce startups.



a person holding a bag and walking on a sidewalk: A pedestrian uses a smartphone while wearing a protective face mask outside the LVMH Moet Hennessy Louis Vuitton SE luxury goods store in Place Vendome, in Paris, France, on Tuesday, March 10, 2020. The euro-area economy may be headed for its first recession in seven years as the coronavirus outbreak takes an increasing toll on businesses and consumer confidence.


© Bloomberg
A pedestrian uses a smartphone while wearing a protective face mask outside the LVMH Moet Hennessy Louis Vuitton SE luxury goods store in Place Vendome, in Paris, France, on Tuesday, March 10, 2020. The euro-area economy may be headed for its first recession in seven years as the coronavirus outbreak takes an increasing toll on businesses and consumer confidence.

The government said it will deploy a scoring system on devices’ re-usability from January, and will set aside 21 million euros ($25 million) from its stimulus plan to fund re-usability startups and projects.

Environment minister Barbara Pompili and her colleague for Digital Affairs, Cedric O, told Bloomberg that the government is in talks to boost second-hand

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President Donald Trump leaves the White House to go to Walter Reed National Military Medical Center after he tested positive for COVID-19, Friday, Oct. 2, 2020, in Washington.
President Donald Trump leaves the White House to go to Walter Reed National Military Medical Center after he tested positive for COVID-19, Friday, Oct. 2, 2020, in Washington.Alex Brandon/AP

PHOENIX (AP) — Republican President Donald Trump has spent more money on Facebook advertising targeting New Mexico users since July than any other candidate, campaign, or business, according to a New York University Tandon School of Engineering project that monitor’s Facebook spending.

The Trump campaign and his various affiliates have spent $3 million on Facebook ads in the state since July 1, the NYU Ad Observatory reports. That’s more than the amount spent during the same period by Democratic presidential nominee Joe Biden — the second-highest Facebook spender. His campaign has spent $2.3 million, according to the website.

Damon McCoy, professor of computer science and engineering at the New York University

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TOKYO (Reuters) – Japanese household spending is expected to have fallen for a 11th straight month in August, a Reuters poll found on Friday, suggesting the coronavirus crisis is still weighing heavily on consumer confidence.

Analysts say the economy is rebounding gradually after suffering its worst post-war contraction in the second quarter, but the jobs and wage situation remain weak.

New COVID-19 cases in Japan have been on a general downward trend recently but appear to be levelling off.

Household spending likely fell 6.9 % in August from a year earlier, the poll of 14 economists showed, after a 7.6 % fall in July.

Compared with the previous month, household spending is forecast to have risen 3.2% in August from a 6.5% decline, the poll found.

“As the coronavirus cases resurged in Japan, people’s self-restraint stance towards spending on entertainment and tourism persisted,” said Takeshi Minami, chief economist at Norinchukin

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Updated

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