Tag Archives: still

Indian market most expensive, but FPIs may still love it: Here’s why

NEW DELHI: On paper, the domestic equity market is the most expensive emerging market globally. Yet, hope of a sharp recovery in earnings has lifted stocks to all-time high levels. For overseas investment flows to be strong in 2018, earnings need to meet the heightened expectations. They have been disappointing the Street in each of the past few financial years. While PE ... Read More »

Democrats still have nothing to say about boosting the economy

Liberal writers and political operatives, now that it’s finally dawning on them that no one is going to find evidence that Donald Trump conspired with Russia to steal the presidential election, are turning to giving advice to the Democratic Party. That’s a natural, if somewhat delayed, response to an election that left the world’s oldest political party out of power in the ... Read More »

National Treasury still has a chance to save the economy

As SA grapples with three bruising downgrades to its sovereign credit rating, an economy in recession and increasing political uncertainty, National Treasury can play its role in lifting the country from the economic malaise. This is the view of Nedbank’s senior economist Nicky Weimar, who said to avoid further damage in terms of further downgrades by S&P Global Ratings, Fitch ... Read More »

Sammy Hagar still accelerating in music, business and life

AUSTIN — It’s still true, Sammy Hagar can’t drive 55. During an engaging hourlong discussion here Thursday at the South By Southwest Festival, the 69-year-old singer and guitarist talked about his career and his influences, especially the values his mother stressed that helped him become an entrepreneur. As for vehicles, he said, “I like to drive fast and the kind of cars ... Read More »

20 Things Your Business Still Doesn’t Get About Hyperlocal Marketing

Surefire Social is rebranding and becoming Surefire Local, a marketing technology platform with a strong focus on hyperlocal marketing. In addition, the company has acquired Atlanta-based Promio to strengthen its offering. The company isn’t totally changing its direction though. Surefire Social already provided a number of different marketing services that could benefit local businesses, including those with a storefront and ... Read More »

UK car production hits 12-year high with December still to go

Britain built more cars in the first eleven months of 2016 than any full year since 2004, data from an industry body showed on Thursday, putting the sector on course to make more vehicles this year than in any other since 1999. Just over 1.61 million cars were made in the year to November, the Society of Motor Manufacturers and ... Read More »

Oil dips on dollar, rig count rise; focus still on OPEC

Oil prices fell slightly on Friday as traders balanced a stronger dollar and another increase in the U.S. oil rig count against expectations that more OPEC talk of output cuts will keep crude above $50 per barrel. The dollar .DXY posted its best weekly performance in more than seven months against a basket of currencies, weighing on prices of greenback-denominated ... Read More »

Salesforce still mulls bid for Twitter as shareholders resist – sources

Salesforce.com Inc (CRM.N) is still deliberating whether it should make an offer for Twitter Inc (TWTR.N) in the face of resistance from Salesforce shareholders over the strategic merits and valuation of such a deal, people familiar with the matter said on Monday. Twitter shares have lost as much as a third of their value since Oct. 5 on concerns the ... Read More »

Oil prices stable on planned OPEC cut, but current glut still weighs

Brent crude oil prices steadied above $50 a barrel on Monday, supported by a planned production cut by exporter club OPEC, but still under pressure from an overhang in supply that currently exceeds consumption. International benchmark Brent crude futures LCOc1 were trading at $50.25 per barrel at 0651 GMT, up 6 cents from their last close, although U.S. West Texas ... Read More »

Iran still locked out of global financial system, says central bank chief

The governor of Iran’s central bank has said obstacles stopping Iranian banks from rejoining the global financial system show that the US and the EU are failing to fully comply with their commitments under the landmark nuclear deal. Four months after the lifting of sanctions against Iran, big European banks remain reluctant to handle Iranian payments despite recent efforts by ... Read More »