Tag Archives: its

The Marketing Academy reveals its 2018 fellows

Top marketers from brands such as The Walt Disney Company, The Wall Street Journal and Coca-Cola are among 19 marketing leaders who have been chosen to take part in The Marketing Academy’s prestigious Fellowship programme next year. The nine-month programme is designed to provide a pathway for talented CMOs and marketing bosses by arming them with the essential skills required ... Read More »

Current account and a coffee? It’s the bank with a barista

A bank with a barista: the newly refurbished Lloyds branch in Market Street, Manchester. Photograph: Jon Super/UNP It looks like a US tech giant’s office, complete with its own coffee shop, chic “breakout pods”, the latest biometric technology and an events programme. But it’s actually a new Lloyds Bank branch in Manchester. Welcome to the new world of the bank ... Read More »

HDFC Bank cuts savings account interest rate by 50 bps: As rates fall, it’s time you shift to liquid funds

HDFC Bank on Thursday announced slashing interest rate on savings accounts starting this Saturday, joining a spate of banks who underwent the similar exercise in recent weeks. According to the bank, customers who maintain a savings bank account balance of Rs 50 lakh and above will continue to earn interest rate at 4 percent per annum. Similarly, customers having a ... Read More »

It’s official, Indian banks’ health will worsen

The Reserve Bank of India is pushing banks hard on NPAs, but the resolution of bad loans will be a long haul. Photo: Aniruddha Chowdhury/Mint Those who have been hoping that the worst is behind the Indian banking industry are a disappointed lot. Going by the Reserve Bank of India’s (RBI) June Financial Stability Report, the risks to the banking ... Read More »

Don’t underestimate the power of the UK economy – it’s more resilient than you think

The outcome for the UK economy seems more positive than first thought Reuters Janet Yellen was in London this week, talking with Lord Stern at the British Academy. My main thought watching her was how lucky the Americans were to have her as chair of the Federal Reserve Board: calm, sensible, measured and wise. But of course the rest of ... Read More »

Nokia 3310 Launched in Its Home Market, Finland

HIGHLIGHTS HMD has sole use of Nokia brand on phones, tablets for the next decade Initial demand for the Nokia 3310 appears to be strong Three new Nokia smartphones are due to go on sale in the coming weeks Nokia relaunched its simple but classic 3310 phone in its home market of Finland on Wednesday, hoping a wave of nostalgia ... Read More »

Plunging oil prices show OPEC has lost its grip on the market

OPEC is widely expected to extend production cuts that initially boosted oil futures above $50, but prices just keep falling. That raises concerns that oil prices could struggle to return to their 2017 highs in the mid and upper $50s even if the Organization of the Petroleum Exporting Countries carries over the output reductions through the second half 2017 when ... Read More »

Vivendi’s quarterly results boosted by its robust music unit

Vivendi (VIV.PA) Chairman Vincent Bollore’s cost savings drive and push into the digital business at the group’s music unit is starting to show benefits, even as he faces growing criticism on his strategy to turn around pay-TV operator Canal Plus. The company reported a quarterly core operating profit that beat estimates on Wednesday, driven by the strong performance of Universal ... Read More »

Samsung delays restarting sales of its Galaxy Note 7 in S Korea

Samsung has said it will delay restarting the sale of its Galaxy Note 7 phone in South Korea, as the firm needs more time for the global recall of the device. The South Korean tech giant was forced to recall some 2.5 million devicesglobally due to overheating batteries. Dozens of devices were reported to have caught fire. The phone was ... Read More »

HSBC considers hiking capital of its German unit: exec

HSBC (HSBA.L) is considering hiking the capital of its German unit as it seeks to expand in Europe’s largest economy, according to the head of HSBC Trinkaus (TUBG.D), which is 81-percent owned by the British bank. “If we wants to continue to grow we needs more capital,” Carola von Schmettow said in remarks set for release on Thursday. “I am ... Read More »