On top of that, stock markets are complicated beasts. The FTSE 100 is packed with global businesses earning most of their revenue overseas. By contrast the FTSE 250 is made up of smaller companies with a larger share of earnings made at home - making them more sensitive to the UK economy. … [Read more...] about What a big Boris win – or a hung parliament – means for markets
Highest market share
Police in Singapore announced Friday that they had raided the offices of German payment company Wirecard on suspicion of fraud. The raid came just one day after a report in the Financial Times (FT) newspaper claimed that two executives at the Munich-based company were aware of a scheme designed to pad its books. … [Read more...] about Wirecard: German fintech star’s shares fall after police raid Singapore offices
“With similar brand ethos, we believe that this alliance will go a long way in empowering Nigerians to be self-reliant and improve the interest of the stakeholders, be it employees, dealers, distributors, vendors, mechanics, unions, logistic operators or bankers.” … [Read more...] about Stallion, Bajaj alliance will empower Nigerians — Rohtagi
Over 500 small local social networking sites may have to apply for a permit to continue earning money from their services Social networking sites with more than one million users or 10,000 interactions a month will have to get licensed through the Ministry of Information and Communications (MIC) to operate in the country, according to Article 23 of the draft amendment to Decree No.72/2013/ND-CP outlining the management, provision, and use of internet services and online information. … [Read more...] about Local social networking sites shaken by draft amendment
The rapper's tweet comes just weeks after his political campaign rally and Twitter meltdown, where he discussed how he and wife Kim Kardashian once considered having an abortion when she was pregnant with North, and hinted that she once had an affair with rapper Meek Mills - which Kanye has since publicly apologized for. … [Read more...] about Kim Kardashian ‘not happy’ with Kanye West’s ongoing political bid but is still working to ‘save’ marriage during couple’s make-or-break getaway
While the Covid-19 pandemic seems to have hit the sales of the iPhones, the iPad and MacBook have done wonders to Apple’s revenues. During the quarterly earnings call, Apple CEO Tim Cook revealed that both the devices had done exceedingly well in the quarter gone by. “In an uncertain environment. Apple saw a quarter of historic results demonstrating the important role our products play in our customers' lives,” Cook said. Speaking about iPad and MacBook, the Apple CEO said, “We expected iPad and Mac growth to accelerate, and we saw very strong double-digit growth for these devices this quarter.” Cook said that there were a lot of supply constraints on both products but still they performed “remarkably.” “We're working hard to get more iPads and Macs into customers' hands as quickly as possible, recognizing how integral they have become to working and learning from home, providing entertainment, and staying connected with loved … [Read more...] about How iPad and MacBook are Apple’s biggest ‘stars’
The Reliance and North Bar Inexplicably omitted from my original Leeds guide, this longstanding Leeds cafe-bar is well known for two things: superb beer and home-cured charcuterie. The latter is so good you will find it on the menu at super-picky local pig joint Friends of Ham . At night, most main courses break our £10 cut-off but, during the day, you can sample those complex air-dried meats on deli boards, or take your pick from fish finger and meatball sandwiches and a short menu that includes such rib-stickers as homemade black pudding with potato, spinach and poached egg, and Erdinger-battered fish and chips. The Reliance is also a good place to recover over Sunday brunch (£3.25-£7.50). I enjoyed a glass of Saltaire Brewery's South Island Pale (half pint £1.65) then, with more beer in mind, pottered along to North Bar, arguably Leeds' best craft beer bar. Keen to ensure that your stomach is lined, North serves snack boards of charcuterie from the Reliance, … [Read more...] about Top 10 budget restaurants, bars and cafes in Leeds
Ayush GuptaHistory has constantly demonstrated the ability of strong brands to remain unscathed during periods of great depressions, and extreme market volatility. They decline less in value and recover faster! If you own or manage a strong brand, think about it yourself, this lesson was clear during the global financial crisis a decade ago and it will emerge even stronger now. Even with the current trends, Indian Economy is touted to grow to a $ 7 Trillion mark by 2030, with 50% of the growth coming from retail sector. This trend will be fueled by the rising middle class population of 1.2 billion citizens with sky high aspirations to improve quality of life. I anticipate the next decade to be full of action. When referring to a broad global equity index that represents large and mid-cap equity performance across 23 developed countries; it shows that during this pandemic the index fell by as much as 75% , however the equity of the top 10 brands of the world dropped only by 37% before … [Read more...] about Opinion: The next wave of growth will come from within. Make a Meaningful Difference!
The Green Light for RealtyThe BSE Housing Index moved up a staggering 4.33 percent from the opening price of 1st Feb through the closing price of 2nd Feb. It is made up of 11 leading housing companies, including DLF, NBCC, Oberoi Realty, among others. It makes a lot of sense, therefore, to be bullish on housing when the markets react so optimistically within 48 hours. Demonetization affected housing companies severely: the BSE Housing Index fell a staggering 18 percent from November 1 through December 1. When an entire sector falls so sharply, exuberance in the markets plays a factor in it. … [Read more...] about Investors must focus on picking up right stocks post Budget
Presently, these are the specimen provisions and the actual exemptions are yet to come. Regulators need to consider to exempt ESOPs as well as private placements from the levy of long-term capital gains tax upon non-payment of securities transaction tax at the time of acquisition. (Writers is AVP & Head – ESOP Services, Corporate Professionals Capital) … [Read more...] about Will Budget 2017-18 render ESOPs unattractive?