Category Archives: Business

France’s Presidential Runoff Is A Victory For Global Business

Preliminary results for Sunday’s French president runoff election set up a stark choice on May 7 between finalist presidential candidates Marine Le Pen’s isolationism and protectionism and Emmanuel Macron’s focus on innovation, entrepreneurship and globalism. As Macron himself said on Sunday, “The French have expressed their desire for change. We’re clearly turning a page in French history.” Macron represents the Read More


Starbucks is entering a new era and 4 jokes reveal the biggest problems haunting its business

Starbucks is sandwiched between inexpensive fast-food chains and high-end “Third Wave” coffee shops.  While it built its empire on its cool, Euro-inspired image, Starbucks is increasingly known for “basic” drinks like the Unicorn Frappuccino.  Moving away from the core brand sent Starbucks “over its skis” in the past, the CEO told Business Insider – and he’s well aware of past mistakes. Starbucks’ new mission: to be everything to everyone.  The Read More


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Next boss misses annual bonus as high street stores feel the pinch

Next boss Lord Wolfson has missed out on his annual bonus for the first time in 18 years amid tough times on the British high street. Wolfson’s total pay package dived by 58% to £1.8m in the year to 28 January, according to the fashion and homewares retailer’s annual report published on Tuesday, after a key earnings per share target Read More


UK inflation rate remains at 2.3%

UK inflation held steady last month, as rising prices for food and clothing were offset by lower air fares. The Office for National Statistics (ONS) said inflation as measured by the Consumer Prices Index remained at 2.3%. The main downward effect on inflation last month came from air fares, which was due to the timing of Easter. However, the ONS Read More


Business to consumer will remain one of the fastest-growing segments

BNP Paribas Asset Management India Pvt. Ltd’s track record, post Anand Shah’s joining the fund house in 2011 has been good. But, the calendar year of 2016 exposed chinks in stock picking strategy. Shah, as the fund house’s chief investment officer (now he is also the deputy chief executive officer and oversees the fund management as well as sales), has Read More


India, Malaysia set to sign 15 business pacts today

New Delhi: India and Malaysia are expected to sign around 15 business-to-business pacts on Monday aiming to deepen commercial linkages between Asia’s third-largest economy and its third-largest trading partner in the fast growing ASEAN or Association of Southeast Asian Nations economic grouping. The pacts are to be signed in the presence of visiting Malaysian prime minister Najib Razak in New Read More


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FCC to vote to reform $45 billion business data market

The Republican head of the Federal Communications Commission on Thursday proposed easing regulatory requirements in the $45 billion business data services market, a win for companies like AT&T Inc, CenturyLink Inc, Verizon Communications Inc and others. The proposal is a blow to companies like Sprint Corp and others that claim prices for business data are too high and backed a Read More


Gitanjali Gems Unit Nakshatra Files Papers For IPO

New Delhi: Gitanjali Gems’ arm Nakshatra World Ltd has filed draft papers with capital markets regulator Sebi to float an initial public offering. The IPO comprises 1.8 crore equity shares of Nakshatra World, which offers jewellery under the brands Nakshatra, Gili, Asmi, Sangini, Diya, Parineeta and Rivaaz, according to the draft red herring prospectus (DRHP). While the exact size of Read More


Xolo Era 2X India launch on January 5: Here’s everything we should know

New Delhi: Lava’s sub-brand Xolo is scheduled to launch its smartphone Xolo Era 2X on January 5. It will go on sale from January 9, 2017. Here are the expected features: 1)The press invite talks uses hashtag #TaptoLife. Nothing more than this is mentioned in the press release. There is a major possibility that Tap option to Unlock functionality may Read More


Apple sales decline, Amazon and Lenovo see a jump in the shrinking tablet market

Tablets are a forgotten breed of gadgets ever since the smartphone have taken over with full force. Almost every task can be executed on the phone, even if it was meant to be done on a bigger screen and we shouldn’t care as long as it is done in a fast and handy manner — we always have our smartphones, Read More