What to watch for at COP28
Marketplace All-in-One
Marketplace
4.5 • 1.4K Ratings
🗓️ 27 November 2023
⏱️ 7 minutes
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Summary
The United Nations’ annual climate summit, COP28, will kick off in Dubai later this week. Government and private-sector leaders will convene to outline steps to curb emissions and limit the impacts of global warming. What are some of the things we’ll be looking for? But first, we’ll unpack Black Friday sales and give a preview of Cyber Monday spending. Also: more problems in China’s rocky financial sector.
Transcript
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| 0:00.0 | We have some things to watch for as the UN meets on climate starting this week. |
| 0:06.0 | I'm David Brancatia. First, tomorrow is giving Tuesday as non-profits look for some love during a season of spending but do now and then is cyber Monday a time |
| 0:15.8 | when apparently we're meant to use work time to shop online consumption is an economic barometer |
| 0:22.1 | and shoppers have been spending more vigorously than |
| 0:24.4 | predicted. |
| 0:25.4 | Marketplace is Nancy Marshall Genser as more. |
| 0:28.2 | Black Friday sales were up two and a half percent over last year, to MasterCard's spending pulse. |
| 0:34.0 | MasterCard measures in store and online sales across all forms of payment and does not |
| 0:39.4 | adjust for inflation. What did we buy? Clothes and jewelry top the list. |
| 0:44.0 | MasterGard says online sales on Black Friday increased 8.5% from last year. |
| 0:49.0 | Adobe Analytics says today Cyber Monday is still expected to be this year's biggest |
| 0:55.2 | online shopping day. Adobe says the best deals today will be on electronics and |
| 0:59.9 | furniture. If you're looking for bargains on appliances, you should shop on |
| 1:03.8 | Thursday. The biggest deals on sporting goods are expected a week from today. And |
| 1:08.8 | Adobe says for the first time we'll do most of our online shopping on our phones. I'm Nancy Marshall |
| 1:15.0 | Genser for Marketplace. Now to China where officials have launched an |
| 1:18.8 | investigation into one of the country's biggest financial services companies which looks a lot like a bank but is what |
| 1:25.6 | is termed a shadow bank heavily into the creaky real estate market over there. |
| 1:30.1 | Here's Monica Miller with the BBC. |
| 1:33.0 | Shong Jieu Enterprise. |
| 1:35.0 | It's one of China's largest private conglomerates with operations and financial services, mining, |
| 1:40.0 | electric vehicles. |
... |
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