Sections

ideals

Business Essentials for Professionals



Companies

Music Rights Tycoon BMI Is Once Again Attempting To Sell Itself: Reuters

After abandoning its non-profit model, Broadcast Music Inc (BMI), the music rights agency that represents prominent songwriters like Lady Gaga, Taylor Swift, and Rihanna, is once more looking at options, including a sale, according to sources with knowledge of the situation.   As it receives...

Bayer Lowers Expectations Due To Weak Glyphosate Demand

Bayer announced a 2.5 billion euro ($2.8 billion) write-down on glyphosate-related assets as a result of weak glyphosate-based weed killer demand, which also caused Bayer to lower its full-year earnings guidance for the second time.   The German manufacturer of pharmaceuticals and pesticides...

LVMH Signs A Sponsorship Agreement For The Paris Olympics

Leading fashion houses Louis Vuitton and Dior, Moet Hennessy champagne and alcohol brands, and jeweller Chaumet, which will design the medals for the event, have all signed sponsorship agreements with luxury conglomerate LVMH to support the Olympic Games in Paris the following year.  ...

India Refuses China's BYD's Proposal For $1 Billion EV Plant

According to reports, the Indian government has rejected the request by BYD Motors and Megha Engineering and Infrastructures Ltd (MEIL) to build a $1 billion four-wheeler manufacturing facility in India.   The Department for Promotion of Industry and Internal Trade (DPIIT) received a...

Mercedes-Benz's 2025 EV Sales Effort Will Be Focused In China, According To Automobilwoche

According to the CEO of Mercedes-Benz, the company will focus its upcoming electric vehicle (EV) campaign on China, the world's largest auto market, beginning in 2025.   "To do this, we must master electric propulsion just as perfectly as digitalisation. That's what our customers expect,"...

Chinese Real Estate Mogul Country Garden Perishes In New Upheaval In The Sector

The crisis in China's real estate market intensified once again on Friday, capping a stressful week for the protracted sector with a significant decline in the shares and bonds of Country Garden, one of the largest developers in the nation.   The company's Hong Kong-listed shares fell more...

Sam's Club's Expansion Picks Up Steam As China Welcomes Membership Stores

Tennis coach Liu Zheng, who lives in Beijing, has a set schedule for every other Sunday: breakfast with her husband, a trip to the grocery store, and a later drive to her parents' house for dinner.   But her neighbourhood does not have a grocery. Instead, she decides to take a two-hour...

Inflation-Stricken India Has The Cheapest Domino's Pizza In The Entire World At $0.60

According to the CEO of the franchisee of Domino's pizza in India, the 49-rupee ($0.60) pizza in the coutnry, Domino's No. 1 market outside of America, represents the tip of the spear in its battle against rapid inflation that is pinching profitability and pricing out many customers.  ...

Nissan And Renault Will Soon Unveil A New Partnership Agreement: Reports

According to persons with knowledge of the situation, Nissan and Renault will announce their restructured alliance soon and have finalised the agreement, ending 10 months of occasionally contentious negotiations.   The automakers had intended to close the deal by the end of March after...

Meta Makes The AI Model Commercially Available, Causing The Nascent Market To Sway

The open-source artificial intelligence model Llama from Meta will soon be available in a commercial version, the firm announced on Tuesday. This will provide start-ups and other companies with a strong free alternative to the pricy proprietary models offered by OpenAI and Google.   In a...

With Samsung Competing, China's Xiaomi Increases Its Wagers On Indian Retail Shops

China's Xiaomi, which has lagged behind South Korea's Samsung in smartphone sales, will concentrate on growing its retail sales in India after years of significant investments on e-commerce, according to the country's president.   With 600 million smartphone users, India is one of the...

Amazon Prime Day Sales Increase As Buyers Drawn By Steep Bargains Are Punished By Inflation

According to Adobe Analytics statistics released on Wednesday, the first day of Amazon.com's two-day Prime Day shopping event saw U.S. online sales increase by over 6% to $6.4 billion from a year earlier as buyers attracted by steep discounts splurged on toys and appliances.   Since they...
1 ... « 39 40 41 42 43 44 45 » ... 241