"The main cause of oversupply today is the culmination of a few years of slowing wine shipment growth, with an ample 2018 wine grape crop as an exclamation point," Bitter said. "Until 2015, wine shipments had grown, almost predictively, for two decades. The slowdown in growth has caught the industry by surprise. … [Read more...] about The price of wine is dropping fast
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User experience, audio, and video Disney+’s user interfaces leaves something to be desired. On logging in, both services greet you with curated lists of things to watch, but finding new, lesser-known material can be cumbersome. On Disney+, you can filter content by franchise, which helps, but if you’re looking for more obscure properties prepare to do a little bit of browsing. Disney+ launched without some key features, with no way to even keep your place in movies and shows you’re watching. It’s since improved, but its search functionality is currently still pretty terrible. … [Read more...] about Hulu vs. Disney+: Which streaming service is best?
Investors are also anticipating that the Organization of the Petroleum Exporting Countries (OPEC) and its allies, including Russia, will approve a proposal to deepen production cuts to tighten global supplies and support prices.The group, known as OPEC+, has an agreement to cut oil output by 1.7 million bpd until the end of March.A technical committee earlier this month recommended the group reduce production by another 600,000 bpd because of the impact of the coronavirus, though oil prices' first weekly gain since early January on Friday may give the producers pause."The more recent strength that we have seen in the market may also make OPEC+ complacent when it comes to taking action," ING said in a note."Already the group has failed to bring forward the meeting that was originally scheduled for early March. And if the market consolidates around current levels, OPEC+ may see little need to rush a decision." … [Read more...] about Oil prices steady as output cut expectations offset coronavirus concern
Analysts said demand for gold jewelry in China has been driving the global gold industry for long. "Demand for gold jewelry had bottomed out in 2016 after a strong price recovery curbed jewelry spending that year, amid world economic growth challenges and weaker consumer sentiment," said Zhu Yi, senior analyst of metals and mining at Bloomberg Intelligence. … [Read more...] about Downtrend in gold price boosts demand in China
Due to affecting the tax base and the tax amount payable, the establishment of appropriate prices for transfer of goods, intangibles, and services between FIEs and their related parties, commonly referred to as transfer pricing (TP), is a great concern for both tax authorities and the enterprises themselves. In the meantime, many FIEs have reported continued losses while still carrying out business expansions. This has aroused suspicions that they have been involved in TP. … [Read more...] about Aligning transfer pricing with international norms