Author: Procurement-Newz
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Reserve Bank of NZ doubles bond purchases
[ad_1] WELLINGTON, New Zealand–The Reserve Bank of New Zealand said it will double purchases of government bonds, aiming to keep market interest rates low as state borrowing swells to counter a severe economic downturn. The central bank on Wednesday reiterated that its cash rate will remain at 0.25% until March 2021 as government measures to…
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U.S. Supply Chain Strategy Needs a Globalization Rethink to Beat China
[ad_1] The coronavirus crisis has brought home the dangers of losing sufficient domestic manufacturing capacity to meet the needs of a mass medical emergency—especially when the foreign supply comes from a potentially hostile power like China. Efforts by U.S. companies to expand production of ventilators have been complicated by difficulties in obtaining essential parts from…
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Retail technology news and analysis for omnichannel retailers
[ad_1] UK retailers without an e-commerce presence need to overhaul their business models as Brits plan to spend more online in a post-Covid-19 world, according to GlobalData. The company surveyed 2,000 people and found that 26% will do this after the coronavirus restrictions are lifted. Retailers with a limited (or no) online proposition must therefore…