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Alibaba And Tencent Are The Only Options For Retailers Seeking Chinese Market

According to a partner at Bain & Company, there is very little choice but to partner with Chinese online giants like Alibaba or Tencent for retailers who seek to enter the lucrative consumer market of China.   James Root said in a television interview that over the last four to five...

Research Suggests A 5% Increase In UK Food Prices Due To Extreme Weather

A research has suggested that the extreme weather in the UK this year would result in an increase of at least 5 per cent in the prices of meat, vegetable and dairy prices.     Consumers could have to shell out 7 pounds every month because of the big freeze and heatwave this year, said...

Tariffs Will Hike Prices, Sale And Jobs Would Be Lost: US Industry Leader

According to a US industry association leader, American consumers have to pay higher prices for products later on because of the US tariffs on Chinese products.   "We're having some serious problems with this tariffs situation," said Rick Helfenbein, president and CEO at the American Apparel...

Exports Key to Greece’s Bailout Exit, Focus Should be on New Growth: Experts

According to official data, the key driver that enabled Greece to come out of the bail out program was the enhanced exports of goods and services.   According to experts, there was enough potential remaining in Greece to stage a comeback despite many industries – which were hard hit by the...

Study Finds Green Energy Tariffs Is Half Of The Top 10 Lowest Energy Tariff Offers In UK

According to a study, even though many of the consumers believe that renewable energy deals are more expensive than conventional energy ones, the fact is that the cheapest deals on the energy market are accounted for by green tariffs.   The study conducted in the United Kingdom, green energy...

China’s New Car Industry Policy Encouraging For BMW: Company Executive

German carmaker BMW Group wants to take complete advantage of the opening up of the car industry in China. said a senior executive of the company in an interview to the media.   "If you look at those big collaboration projects with Chinese companies, like Great Wall, Baidu, which we...

Report Claims Over 6 Billion UK Workers Concerns Of Job Loss Due To Automation

Fears that machines could take over their jobs in the next decade or so have been expressed by over six million workers in the United Kingdom according to a report which also called on the government to and trade unions to create strategies for supporting such people whose jobs would be at risk....

Higher Supply From OPEC, Russia Sees A Drop In Global Oil Prices

Oil prices slowed down and dropped in the first week of August noting its fourth drop in the last five weeks.   In the week, there was a decrease of 0.75 percent and 2.10 percent in the price of the West Texas Intermediate (WTI) for September delivery and Brent for October delivery...

Britain Could Face Increased Food Prices Because Of Heatwave

According to warnings from British experts, the country could see a spike in food prices "for some time to come" because of the ongoing heat wave even as Londoners prepare for a continued summer blast and temperatures expected to be around 32 degrees Celsius.   There has been pressure on...

Outlook Of Greek Banks Raised To Positive By Moody’s

Moody's Investors Service expects enhancement in the funding in Banks in Greece and the asset risk during the next one to one and half years which formed the basis for the ratings agency to change its outlook on the country’s banking system from stable to positive.   A report from the agency...

Tesla Launches Limited-Edition Surfboard, All Sold Out In A Day

The knack of Tesla founder Elon Musk to engage in production and selling of products that can be considered weird branded ones is not a surprising fact. Most of the time, such merchandise has no connection with the core business that he heads and for what he is known for throughout the business...

41% Surge In Trademarks In UK For Spirits As Demand For Gin Grows

According to new figures, there has been a 41 per cent increase in the UK in the number of trademarks that were registered for spirits and liqueurs. This figure is reflective of the rising demand for artisanal products and the demand for gin among consumers.   Research published on...
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