Samsung will seek this week to draw a line under the Galaxy Note 7 smartphone safety scandal with the launch of the South Korean technology company’s latest handset, the Galaxy S8. Released last August, the Note 7 was hastily withdrawn after a series of incidents in which the phones caught fire. Samsung expects the debacle, which dealt a severe blow to its reputation, to have cost the […]
Lyft is looking at one of its biggest potential opportunities to make up some ground on its rival Uber, given the latter company’s ongoing and worsening PR crisis. So it makes sense that Lyft would go even further in the opposite direction, with a new program that lets riders top off their fare to the nearest dollar, and donate the difference to one of a group of […]
25 March 2017 Atlanta – The Coca-Cola Company today announced a number of senior leadership appointments to drive its ongoing transformation into a growth-oriented, consumer-centered, total beverage company. Key changes, which will be effective when President and COO James Quincey becomes Chief Executive Officer on May 1, include: Combining Global Marketing, Customer and Commercial Leadership, and Strategy into one combined function under the leadership of a new […]
Authored by Johnny Hopkins via The Aquirer’s Multiple blog, One of our favorite investors at The Acquirer’s Multiple – Stock Screener is Howard Marks. Howard Marks is Chairman and Co-Founder of Oaktree Capital Management, the world’s biggest distressed-debt investor. He’s known in the investment community for his “Oaktree memos” to clients which detail investment strategies and insight into the economy, and in 2011 he published the book The Most […]
BOAO, China The world’s major nations are responsible for maintaining global peace, and all countries should remain committed to a road of stable and peaceful development, China’s Vice Premier Zhang Gaoli said on Saturday. His comments followed media reports this week that North Korea was in the final stages of preparing for another nuclear test. Earlier this month, Pyongyang launched four ballistic missiles in response to joint […]
By Rodrigo Campos and Chuck Mikolajczak | NEW YORK NEW YORK The death of the Republican healthcare reform may not prove to be the knife to the heart of the bull market some had feared, but to keep the Trump Trade alive investors should temper expectations for the breadth of expected tax cuts. Anxiety over prospects for the healthcare bill gave stocks their largest weekly drop since […]
Add Samantha Bee to the list of media thinkers with a scheme to make money in local journalism. On this week’s episode of “Full Frontal with Samantha Bee,” the “Daily Show” alumna became the latest late-night comedian to give journalism a boost. But, rather than put out a call for donations like her colleague John Oliver, Bee opted for a different strategy: lottery tickets. During the segment, […]
By James Oliphant | WASHINGTON WASHINGTON In the end, the Closer couldn’t close the deal. For President Donald Trump, the collapse on Friday of his first legislative priority, a healthcare reform bill, was an embarrassing loss of face after he and his administration insisted up until the time of the vote by the U.S. House of Representatives that there was enough Republican support. It brings into question […]
When Thomas Jefferson drafted the American Declaration of Independence, “the pursuit of happiness” was an inalienable right in his first article. Whenever I hear politicians or business leaders talk about happiness, I always wonder how they define it so easily. If the billions of people around the world are all different, then different things should make us happy. There will be common denominators, including health, family, meaningful […]
Last year, Donald Trump won the election for president by bemoaning the disappearance of the American factory and pledging to bring back manufacturing from other countries. Now in power, he might have to start worrying about the decline of another traditional pillar of the US economy — the American shopping mall. Fears that the rise of online shopping will lead to substantial dislocation in the retail sector […]
Chinese oil companies are turning their focus to overseas retail and services markets, as slowing growth in domestic fuel demand makes their traditional home market less attractive. Sinopec this week agreed to buy Chevron’s 75 per cent stake in a Cape Town refinery, affiliated service stations and convenience stores in South Africa and Botswana for $900m. It was the only remaining bidder after a year-long tender process. […]
24 March 2017 Sharjah, UAE – Themed ‘The Role of Social Media Platforms – From Participation to Real Partnership’, a panel discussion featuring communication specialists examined the role of social media in enabling governments to better communicate with their citizens on the second day of the sixth International Government Communications Forum (IGCF 2017). Eminent panellists included His Excellency Saeed Saleh Al Remeithi, Member of the UAE Federal […]
By Pavel Polityuk and Alessandra Prentice | AVDIYIVKA/KIEV AVDIYIVKA/KIEV Ukrainian government troops and separatist fighters have drawn closer to each other at several places along the tense front line in eastern Ukraine, monitors say, raising the risk of violent flare-ups that could wreck a shaky ceasefire. At some points, the sides have drawn within shouting distance of each other. The Organisation for Security and Cooperation in Europe, […]
At the start of the year, I was part of a panel that aimed to offer career guidance to graduating students at a local secondary school in Singapore. The panel dished out the usual advice about the need to have passion, work hard, and always strive to do better. A student then posed a question that struck a chord: “How can I ensure the skills I learn […]
By Sumeet Chatterjee | HONG KONG HONG KONG HSBC (HSBA.L) plans to add as many as 1,000 new employees to its Chinese retail banking and wealth management arm this year, the business’s regional head said, most of them in the Pearl River Delta, the heart of the bank’s growth strategy in China. If that target is hit, the new additions will mean HSBC will have hired twice […]
Vodafone NZ has announced that it will be seeking approval to acquire 70 percent of Farmside, the rural broadband and satellite arm of small carrier TeamTalk, for NZ$10 million in cash as well as the option to acquire the remaining 30 percent for NZ$3 million. Vodafone NZ CEO Russell Stanners said the offer, subject to approval by TeamTalk’s shareholders, would allow the former to deliver improved services […]
23 March 2017 Doha, Qatar – Royal Philips (NYSE: PHG, AEX: PHIA) announced today that is has officially opened its new scientific office in Qatar. The new opening comes as part of the company’s overall expansion efforts across the region, and commitment to drive robust partnerships in Qatar with an aim to develop stronger healthcare outcomes. The opening ceremony included Her Excellency, Bahia Tahzib-Lie, Ambassador of the […]
The irony of revelations from the Global Laundromat scandal landing almost exactly a year on from the Panama Paper leaks is not lost on many readers. Clearly the lip-service to greater transparency that followed the financial leak has come to nought. The Laundromat scandal has exposed billions of dollars being moved out of Russia through anonymously owned UK companies and Britain’s high street banks. Anonymous companies – the […]
Intel has put its artificial intelligence efforts under one group led by Naveen Rao, former CEO of Nervana, which was acquired by the chip giant. special feature How to Implement AI and Machine Learning The next wave of IT innovation will be powered by artificial intelligence and machine learning. We look at the ways companies can take advantage of it and how to get started. The company […]
PARIS Anglo American’s (AAL.L) diamond specialist De Beers has bought the 50 percent stake held by French luxury goods group LVMH (LVMH.PA) in De Beers Diamond Jewellers for an undisclosed sum, taking full ownership of the retail operation. Analysts said the joint venture no longer fitted LVMH’s strategy, while Anglo American, which has long dominated global rough diamond sales, has been developing its presence on the high-margin […]
Fans of “Shark Tank” might recall a recent episode in which a startup company called Sand Cloud won a deal with shark Robert Herjavec. The company’s business success to date–which helped it land the deal on the show–stems largely from how its technology strategy aligns with its target audience of millennials, according to co-founder Brandon Leibel. “Embracing technology helped us to grow enough to get on Shark […]
“The fighting is raging on as I speak and is expected to last several weeks until the dam, airfield and city are free from ISIS control,” said Col. Joseph E. Scrocca, a spokesman for the American-led command in Baghdad. Continue reading the main story As the operation unfolded, Syrian state television and local residents asserted that at least 30 Syrian civilians were killed in an airstrike that […]
KUALA LUMPUR: Malaysia has contributed one million USD for humanitarian assistance in the newly liberated areas of Iraq and Syria. Wisma Putra in a statement today said the announcement was made by Foreign Minister Datuk Seri Anifah Aman in his speech at the Meeting of Foreign Ministers of the Global Coalition against Da’esh on Wednesday in Washington. He said Malaysia fully supported the Global Coalition’s call for […]
Drivers of electric cars in Dubai will be the envy of their petrol-head counterparts as a new initiative starting on Wednesday allows them to charge up their vehicles free of charge. Dubai Silicon Oasis Authority (DSOA), the regulatory body for Dubai Silicon Oasis (DSO), the free zone technology park, on Wednesday announced the launch of its new initiative that allows electric vehicle owners to use the charging […]
