Category Archives: Markets

Headhunters charged with diversifying UK boardrooms still mainly white 

There are only six black executives and board members among leading five firms, finds the Guardian ‘We’ll hire 100 black interns a year’In the ruthless world of executive headhunting, Cynthia Davis got used to being called “the black girl”. In the early 2000s, she vividly recalls being one of only five women – and the only black employee – in a Leeds-based f […]

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Chinese business leaders urge country to keep thinking global 

China should resist anti-globalisation sentiment and promote international cooperation, Chinese business leaders have said. Beijing has announced a master plan to shift the focus of its economic growth engines towards “domestic circulation”, to become more self-reliant, especially in key technologies. But Xu Weiping, chairman of Advanced Business Park, which […]

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Covid-19 may accelerate shift in global trade relations, supply chains: Moody’s 

According to Moody’s the trend toward a more fragmented and protectionist global economy will likely accelerate as a result of the pandemic, with restrictions on trade, investment and technology transfers.

Read More on India Times

Households’ FMCG consumption in April-June highest in two years: Report 

Personal care segment witnessed a double-digit growth of 11.1 per cent, while household care, which consists of products like detergents and surface cleaners, logged 4.6 per cent growth.

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China’s state-owned giants given new order: create global industrial champions 

In the midst of its escalating economic conflict with the US, China’s largest state-owned enterprises have been given a new directive: work with small and medium-sized firms to build new global champions.In an interview with the state-run Xinhua news agency published on Monday, Hao Peng, chairman and Communist Party secretary of the State-owned Assets Superv […]

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Singapore’s economy sees worst ever quarterly contraction of 13.2% 

It is the lowest number of daily cases since April 2, when 49 cases were reported. Tuesday’s cases bring the total number of infections in the country to 55,353.

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We have good green shoots visible in the economy and exports have shown a good turnaround: Piyush Goyal 

Mr Piyush Goyal, Minister for Commerce & Industry and Railways, Govt of India asserted that Indian products deserve a fair access to other countries before those countries can freely access the Indian market. “India wants reciprocal trade with other countries,” he added. Addressing the inaugural of ‘India Virtual FMCG Supply Chain,’ o […]

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Markets Now – Tuesday 11th August 2020 

Last updated 3.00pm BST. Featuring GVC, Prudential, Bellway, Rolls-Royce, HSBC, 3i, Prosus and Plus500.

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Economic Report: Wholesale prices surge 0.6%, but don’t be fooled: Inflation no threat to the economy 

The wholesale cost of U.S. goods and services posted the biggest increase in July in nearly two years, led by higher oil prices, but inflationary pressures in the economy were still largely invisible owing to the coronavirus pandemic.

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Two beluga whales are transported from captivity in China to a new ocean refuge 6,000 miles away 

Beluga whales Little Grey and Little White, have been freed from captivity in China to swim in the sea for the first time in nearly a decade. The Sea Life Trust took the whales to a sanctuary in Iceland.

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Monsoon rains start to fade in August; but kharif acreage provides glimmer of hope 

After a strong start in June and promising performance in July, monsoon rains have started to peter out in August, with the cumulative rainfall now falling below the long period average.

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Here’s Why Vicor Stock Seems To Have Peaked 

After a strong 150% rise since the March low of this year, at the current price of around $82 per share we believe Vicor stock has reached its near term potential. Vicor, a modular power component manufacturer, has seen its stock rally from $33 to $82 off its recent bottom compared to the S&P…

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Coronavirus worsens India’s child-labour issue; forces children out of school to work 

The coronavirus pandemic is forcing India’s children out of school and into farms and factories to work, worsening a child-labor problem that was already one of the most dire in the world.

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Here’s Why Disney Might Not Be A Good Bet Just Yet 

After a 52% rise since the March 23 lows of this year, at the current price near $131 per share Walt Disney stock seems to have surpassed its near term potential. Disney stock has increased from $86 to $131 off its recent bottom, compared to the S&P 500 which increased by around 50% during the…

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Market Snapshot: Stock-index futures mostly higher after Trump signs orders to extend coronavirus relief 

U.S. stock-index futures trade mostly higher Monday after President Donald Trump over the weekend signed executive orders that would extend some elements of coronavirus relief. The measures face likely legal hurdles and questions about their effectiveness, however, while continued U.S.-China tensions might also cap upside, analysts say.

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