Money
Amazon workers prepare to strike as Black Friday kicks off
Amazon workers in 20 countries are planning protests and work stoppages on Black Friday
The protests, set to take place in nations around the world including the US, UK, and several in the EU is set to have a knock-on impact on processing times for Black Friday orders. The shopping-centric day is among Amazon’s busiest all year.
The Make Amazon Pay group says: “Amazon takes too much and gives back too little.”
It is backed by a coalition of labour groups, trade unions, grassroots campaigns and non-profit-making organisations in individual countries.
Many employees will be working on the day however campaign groups including Amazon workers themselves will be staging protests at Amazon buildings in Coalville, Leicestershire, Coventry, Peterborough and at its London headquarters.
Strikes are being encouraged in other locations, too
In Germany the ‘Verdi’ union called on employees who work at major shopping centres to also strike.
Worldwide, almost 50 organisations have signed up to a lost of ‘common demands’ – published bu the Make Amazon Pay coalition.
Among those demands include raising warehouse workers’ pay and adding hazard pay and peak time increments, halting worker “surveillance” and strict productivity targets, extending sick leave and improving COVID tracing and reporting and paying taxes without using loopholes or tax havens.
Amazon has reported a tripling of profits earlier this year, thanks to its success during peak periods over the pandemic.
Cyber warnings for shoppers
Black Friday is one of the busiest days for retailers right around the world, as consumers snatch many bargains.
Economists expect this year’s shopping sales to set another spending record.
In fact, the National Australia Bank predicts one million dollars a minute will be spent across Black Friday and Cyber Monday.
However, there is now a fresh warning over the rapid rise in scammers ahead of this busy shopping season.
“Cyber attackers track real-world events… Black Friday and Cyber Monday are perfect for cyber attackers.”
Garrett o’hara- Mimecast
‘Be cynacle of everything… if it seems too good to be true then it probably is”
garrett o’hara- mimecast
Energy prices soar amid Iran conflict, with investors reassessing risks and market dynamics.
The ongoing conflict in Iran has sent energy prices soaring and markets reeling. Investors are reassessing inflation expectations, central bank rate paths, and global growth prospects as risk aversion rises.
David Scutt from Stonex gives his insights on how surging oil prices and rising energy risk premia are influencing investor sentiment and market dynamics.
Markets may need weeks to fully digest the economic impact of the conflict, with volatility likely to persist as investors weigh geopolitical and financial risks.
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Navigating global uncertainty as the Middle East crisis reshapes markets, technology, and supply chains
The ongoing Middle East crisis is sending shockwaves through global markets, driving energy prices higher and intensifying volatility. Investors are facing growing uncertainty as inflationary pressures mount and risk sentiment shifts. Supply chains are under stress, with key trade routes disrupted, forcing businesses worldwide to rethink logistics, procurement, and operational strategies.
The technology sector is feeling the ripple effects as semiconductors, critical components, and AI infrastructure come under pressure. Volatility in tech stocks is rising, while defence and cybersecurity firms are navigating both new risks and opportunities. At the same time, investment in renewable energy and energy tech could accelerate as companies adapt to energy price surges and seek more resilient solutions.
Brad Gastwirth from Circular Technologies joins us to break down what these developments mean for global markets and long-term strategic planning.
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#MiddleEastCrisis #GlobalMarkets #TechIndustry #EnergyPrices #SupplyChain #InvestorAlert #AI #Innovation
Money
Australia’s inflation report and Nvidia earnings impact explained
Australia’s inflation report sparks market shifts, influencing interest rates, the Aussie dollar, and investor sentiment amid Nvidia’s earnings.
Australia’s inflation report sparks market shifts, influencing interest rates, the Aussie dollar, and investor sentiment amid Nvidia’s earnings.
Australia’s latest inflation report is creating waves across the market, with questions about interest rates, the strong performance of the Aussie dollar, and the uneven nature of the stock market rally. Investors are watching closely as changes in carry trade risks this month add another layer of complexity.
David Scutt from StoneX discusses what these shifts mean for trading strategies and the broader economic outlook. He provides insight into how underlying factors are shaping investor confidence and market dynamics.
On the tech side, Nvidia’s upcoming earnings are expected to influence AI development and the broader tech sector. Coupled with trends in SaaS and bitcoin price action, these movements are signalling how investor sentiment is evolving in a fast-changing landscape.
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#AustraliaEconomy #InflationReport #AussieDollar #NvidiaEarnings #AIInvesting #StockMarketNews #BitcoinTrends #SaaSInsights
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