Russian grocer hopes focus on prices will propel further expansion after pandemic uplift
Magnit chief says growth shows turnround is on course
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Category Archives: Business
Twitter, TikTok discuss potential combination: Report
Twitter is in preliminary discussions for a possible combination with TikTok, the Wall Street Journal reported Saturday, after US President Donald Trump said he would ban the app, calling it a threat to national security.
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China-US ties plunge further over Hong Kong sanctions
China on Saturday slammed the United States for imposing “barbarous” sanctions in response to Beijing’s crackdown in Hong Kong, capping a dramatic week of deteriorating relations between the world’s two biggest economies.
Barron’s Picks And Pans: Berkshire Hathaway, Estee Lauder And More
This weekend’s Barron’s cover story discusses how to prepare a portfolio for the upcoming elections. Other featured articles look at stand-out dividend growth stocks, how to play dual-share stocks and who wins and loses from the shift in moviegoing. read more
Can Trump ban TikTok? What the executive order means – explained
The move requires TikTok and WeChat to find new owners or shut down, but it may not be that simpleOn Thursday, Donald Trump issued two executive orders aimed at banning TikTok and WeChat, saying the US must take “aggressive action” against the China-based social media platforms in the interest of national security.The move would effectively require TikTok an […]
Profits Rebound at Warren Buffett’s Berkshire Hathaway
Berkshire reported earnings of $26.4 billion in the second quarter, a turnaround from its $49.7 billion loss in the first quarter, when the pandemic caused a plunge in the stock market.
IndusInd Bank acquires 7.82% stake in Eveready by invoking pledged shares
The bank invoked pledge on 56,83,320 shares forming 7.82 percent of paid-up equity share capital of Eveready Industries.
Music is as good as gold or oil’: meet the man spending billions on old hits
Former Elton John and Beyoncé manager Merck Mercuriadis on championing artists and his business buying over 13,000 songsLivin’ on a Prayer, Heart of Glass, Copacabana, Single Ladies.They’re all huge pop songs and dancefloor favourites of the past 50 years. And according to one music industry veteran, they are more valuable than gold.Merck Mercuriadis is the […]
‘Zoom is fine, but it can’t match being back in the office’
Property group British Land was one of the first to allow staff back into its London HQ – with lift-button prodders at the readyTemperature checks at reception, spaced-out desks, contactless coffee dispensers and plastic lift-button prodders. Welcome back to work – in an anti-Covid-19 office. These features, which would have been deemed eccentric and invasiv […]
U.S. sanctions branded ‘clowning actions’ as Hong Kong vows not to be intimidated
The Hong Kong government called the sanctions “shameless and despicable” and said the city would not be intimidated by them.
Will these trusts ever bounce back or are they dead ducks?
Some of the most popular income investment trusts have failed to bounce back from the coronavirus crash – and experts reckon it could be time to sell them.
Huawei Reportedly Set To Halt Manufacturing Of Kirin Chipsets
Huawei will stop making its Kirin Chipsets beginning next month, according to the Chinese financial magazine Caixin. read more
Huawei to stop making flagship chipsets as US pressure bites: Report
Huawei Technologies Co will stop making its flagship Kirin chipsets next month, financial magazine Caixin said on Saturday, as the impact of US pressure on the Chinese tech giant grows.
Millions of Evictions Are a Sharper Threat as Government Support Ends
Without more federal aid for workers, experts are expecting the largest disruption to the housing market since the Depression.
Without $600 Weekly Benefit, Unemployed Face Bleak Choices
A federal supplement to jobless pay was a lifeline for millions and for the economy. Its cutoff, even if temporary, may have lasting consequences.
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