BUSINESS

BUSINESS NEWS AND OP-EDS FROM AROUND THE WORLD

Struggling Victoria’s Secret sold as women demand comfort

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Victoria’s Secret, which once defined sexy with its leggy supermodels in their lacy bras and oversized angel wings, has a new owner.

UBS picks new CEO with track record in digital banking

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Shares in bank UBS climbed almost 3% on Thursday after the Swiss firm announced the appointment of a new chief executive who...

Microsoft to invest $1.1 billion in Mexico over next five years:...

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Microsoft Chief Executive Satya Nadella said the technology giant will invest $1.1 billion in Mexico over the next five years, according to...

Thai retail giant launches record-breaking IPO

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Thai conglomerate Central Retail launched the country's biggest ever IPO Thursday, giving it a market cap of around $8.1 billion in a...

Paytm Mall ventures into exports, eyes Rs 500cr GMV in 2...

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(IANS) E-commerce platform Paytm Mall on Wednesday said it ventured into exports with the aim of becoming India''s largest trading house for...

Facebook invests in Indian education startup Unacademy

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(IANS) Social media giant Facebook on Wednesday joined General Atlantic, Sequoia India and others for a fresh $110 million round of funding...

Editor's Pick

A $14 Million Patek Philippe Wristwatch Is Coming Up for Sale in Hong Kong

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A rare 1950s Patek Philippe timepiece is coming up for sale in a Christie’s auction...

Strike makes for not-so-merry Christmas travel in France

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Holiday travellers across France scrambled for alternatives Sunday as an 18-day-old transport strike...

Icahn takes stake in HP, pushes for merger with Xerox

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Activist investor Carl Icahn has bought a $1.2 billion stake in HP Inc...

Markets open on a positive note on New Year”s day

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(IANS) The 30-scrip Sensitive Index (Sensex) on Wednesday opened on a positive note.

WeWork CEO stepping aside amid questions about company

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WeWork’s charismatic but controversial CEO is stepping aside from the communal office-space company...

Sony sold 1.3 mn smartphones during holiday period

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(IANS) Tokyo-headquartered Sony sold 1.3 million smartphones during the holiday season, which is...

Sensex drops 33 points in early trade; IT stocks drag

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(PTI) Market benchmark BSE Sensex on Tuesday slipped over 33 points in early trade,...

NRIs allowed to invest in government securities

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(IANS) To increase participation of non-resident Indians, some categories of government securities will...

‘India growth for FY20 at 5.8%, pace up structural reforms’

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(IANS) International agency OECD on Thursday reported that India's FY19-20 GDP growth would...

MARKETING AND STOCKS

Euro climbs back above $1.08, volatility spikes

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 The euro rose on Wednesday as improving risk sentiment in global markets paused the dollar’s rally, providing relief to the single currency,...

Innovative Co-Branding Strategies in the 21st Century

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Marketing goods or services with two or more brand names of different companies is a popular approach to expand an existing or...

Social Media Ad Strategies: 4 Evolving Trends To Look Out For In 2020!

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Social media has become a dominant medium for advertising. Nowadays, it's easier for people to buy, sell, and interact with each other...

Where Is Video Content Heading In 2020?

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Back in the days, there was a time when regular images and text-based content highly occupied social media platforms. But this is...

Effective Negotiation Skills: 10 Tips to Follow

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Never enter into any agreement or negotiation from a point of desperation. The moment you show how desperate you are, you disarm...

As economy slows, new ECB head Lagarde faces big challenges

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The ECB’s benchmark interest rate on deposits left overnight from banks is already at an unprecedented minus 0.5%. Bank officials have said it could be cut further, but at some point the ECB would reach a point where adverse side effects such as the impact on bank profits may outweigh the benefits.

Even Greece Is Getting Paid to Borrow Money in Debt Markets

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Greece, the one-time bond-market pariah at the heart of Europe’s sovereign debt crisis, just completed a transformative journey by joining the region’s...

The Importance of Microeconomics

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There are many factors to consider when describing how microeconomics applies to nearly all facets of our lives. However, the basis of...

Liz Weston: Speedier payment systems could curb your costs

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Here’s an illustration of the many ways slow payment systems can inconvenience you and cost you money. Let’s say...

The Benefits of a POS System instead of a Cash Register

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All businesses that offer an item for sale or a service people are willing to pay for need to have some kind...