The Swiss bank UBS has predicted that the proliferation of e-commerce business, companies and platforms would result in eth forced closure of more stores across the U.S. for businesses like clothing retailers, consumer electronics companies and home furnishing. “Store rationalization… Read More ›
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$35bn Divorce Settlement For Jeff Bezos – World’s Richest Man
A record breaking divorce settlement of at least $35bn (£27bn) would make the wife of Amazon founder Jeff Bezos, MacKenzie, amongst the richest woman in the world. Bezos is the richest man of the world currently. He owns a 4… Read More ›
UK Businesses Monitor Staff Activity Using Artificial Intelligence
Scrutiny of the behaviour of employees minute-to-minute is being done by dozens of UK business owners with the help of artificial intelligence. This is being done by analysis of data about who emails whom and when, who meets whom and… Read More ›
US Beer Brand Performance Drives Constellation To Neat Market Forecast
Despite a rapid change in customer tastes in alcoholic drinks in the United States market, Constellation Brands said that it managed to beats the expectations of Wall Street in its fiscal fourth-quarter because of strong sale of beer. The bit… Read More ›
U.N. Agency To Create New Measures To Curb Fraudulent Shipping Practices
There has been a rise in incidents of rogue shipping companies attempting to conceal their activities by fraudulently making use of flag registries. To combat this, tougher measures to clamp down on this trend is being worked upon by the… Read More ›
IMF Research Says $1 Trillion Can Be Saved By Government By Reducing Corruption
The International Monetary Fund (IMF) believes that there can be big economic awards for governments across the globe if they are able to crack down on corruption in their countries. This comment was made by the IMF following a new… Read More ›
EU To Rename Veggie Burgers As Veggie Discs
The less palatable-sounding “veggie discs” would re[place the veggie burgers a Brussels committee has declared. Following a vote in the European parliament on changes to a food-labelling regulation, this could be applicable to vegan sausages, tofu steaks and soya escalopes… Read More ›
World’s Most Profitable For 2018 Was Saudi Aramco Ahead Of Apple
The most profitable company is the world for 2018 was Saudi Arabia’s state oil company Saudi Aramco. This oil giant overtook United States’ tech giant and iPhone market Apple to reach the top position with a total profit of $111.1… Read More ›
Ford Cannot Form Long Term Plans For UK Biz Due To Brexit Uncertainty
United States car manufacturer Ford is yet to finalize its long term plans on for the United Kingdom and the company is already spending tens of millions of euros as it is preparing for a situation of a no Deal… Read More ›
Trump’s Decision To Drilling In Arctic And Atlantic Blocked By Alaska Judge
United States president Donald Trump’s decision to reverse the ban on offshore drilling in large parts of the Arctic Ocean and dozens of canyons in the Atlantic was not within his authority, ruled a judge whyi9le restoring the restriction imposed… Read More ›