Target

Amazon, Target announce big hiring, but retailers cut back on holiday jobs

As retailers gear up for the holiday shopping season, hiring plans vary, with some scaling back on seasonal staff amid economic uncertainty, while others maintain strong hiring goals

Reaching ambitious climate targets will run into financial problems: EU

The European Union's auditing agency warned on Monday that there might not be sufficient financing available to meet the bloc's ambitious climate targets. The warning from the Court of Auditors comes as the 27-nation bloc is already struggling to live up to image as the global leader in working toward climate neutrality because of a political fight in the EU legislature to push through environmental protection measures. In a 63-page report, the court also noted that the European Commission, the EU's executive arm, did not include all greenhouse gas emissions in its tallies, which might lead to overly optimistic statistics. The report's authors also found some of the commission's accounting too opaque. Regarding its finding on financing, the court said that 30 per cent of the 2021-2027 budget was to be spent on climate action, or about 87 billion euros (USD 95 billion) a year. This amount is less than 10 per cent of the total investment needed to reach the 2030 targets, estimated at

Dow slips over 800 points in intra-day trading amid surging prices

Shares of Target fell 25.1 per cent to the bottom of the S&P 500 after its first-quarter profit halved

Net income tax mop-up in FY22 at Rs 7.4 trn, Rajya Sabha informed

Budget makers are confident that the net tax collection's budgeted target (direct plus indirect) of Rs 15.45 trillion will be exceeded

Target taps start-ups for technology to compete with Amazon, Walmart

In order to offer a differentiated buying experience when compared to rivals Walmart and Amazon, US retail giant Target has built a product to allow customers to walk through a virtual house and pick any decor or furniture product they see in it.While several retailers have begun working on ways to help customers experience products such as furniture, which people want to touch and feel before making a purchase, virtually, Target's efforts in this were aided by a tiny company based in Bengaluru.House of Blue Beans, a 3D visualisation startup, that was part of Target India's accelerator programme, has now become an integral partner in helping the retail giant develop its Computer Generated Imaging (CGI) capabilities. For now customers can walk through virtual rooms on their desktops, but soon the tool will evolve to include Augmented Reality and Virtual Reality."We worked with them as a part of our cohort, we saw their potential, then they became our strategic partner and now we ...