Business

05 Sep

Indonesia in chaos: Five Indonesians give views on why and how to fix it

MediaCatalystBusiness, ,
Indonesia in chaos: Five Indonesians give views on why and how to fix it A cost-of living crisis and a government apparently impervious to the struggles of everyday people has ignited public rage. Demonstrations have gripped Indonesia since late August when anger at a faltering economy erupted into full-blown violence following reports that politicians received a $3,000 housing allowance on top of their salaries – a perk equal to between 10 and 20 times Indonesia’s monthly minimum wage. It was not the first time that Indonesians have taken to the streets this year. In February and March, students turned out…
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Vijay Sales, Dyson Launch India’s First Shop-in-Shop in Gurugram
04 Sep

Vijay Sales, Dyson Launch India’s First Shop-in-Shop in Gurugram

Kumar AnshumanBusiness
Gurugram: Electronics retailer Vijay Sales has partnered with Dyson to open India’s first shop-in-shop dedicated to the British technology brand. The outlet, housed at Vijay Sales’ flagship store in Sector 29, Gurugram, spans 200 sq. ft. and showcases Dyson’s full portfolio, including vacuum cleaners, air purifiers, haircare tools, audio devices, and lighting solutions. The immersive space is designed to offer a “try-before-you-buy” experience, enabling shoppers to interact with products and receive live demonstrations from Dyson experts. “At Vijay Sales, we believe premium technology must be experienced, not just displayed. This partnership elevates experiential retail in India,” said Nilesh Gupta, Director,…
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03 Sep

UK has weeks to solve fiscal puzzle as it sets date for Autumn Budget

MediaCatalystBusiness,
UK has weeks to solve fiscal puzzle as it sets date for Autumn Budget British finance minister Rachel Reeves will deliver the nation's Autumn Budget on Nov. 26 . The budget will address an economy that's "not working well enough for working people," Reeves said Wednesday . Reeves has repeatedly dismissed the possibility of bending her own fiscal rules on borrowing . Read full story: Source
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03 Sep

World’s largest sovereign wealth fund invests $543 million in Manhattan office building

MediaCatalystBusiness,
World’s largest sovereign wealth fund invests $543 million in Manhattan office building Norway's $2 trillion sovereign wealth fund intends to invest more than half a billion dollars in a New York City office building . The fund, the largest of its kind in the world, is managed by Norges Bank Investment Management (NBIM) NBIM said on Tuesday that it would pay $542.6 million for a 95% stake in an office property . Read full story: Source
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03 Sep

Alphabet stock pops 6% in premarket trading after Google avoids break-up in antitrust case

MediaCatalystBusiness,
Alphabet stock pops 6% in premarket trading after Google avoids break-up in antitrust case Google shares rose 6% in premarket trading on Wednesday as investors viewed the result of Google's antitrust case as broadly favorable to the tech giant . The U.S. Department of Justice had proposed a sort of break-up of Google, which included divesting its Chrome browser . Read full story: Source
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03 Sep

European markets set to open in positive territory as traders track bond yields

MediaCatalystBusiness
European markets set to open in positive territory as traders track bond yields European stocks expected to open broadly higher on Wednesday . FTSE seen opening marginally higher, Germany's DAX 0.3% higher and France's CAC 40 up 0.4% . European stocks tumbled on Tuesday as concerns over the fiscal outlook in major European economies drove bond yields higher . Read full story: Source
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03 Sep

CNBC’s UK Exchange newsletter: Hooked on rebates?

MediaCatalystBusiness
CNBC's UK Exchange newsletter: Hooked on rebates? Boxes of medication are seen on the shelves of the Keencare pharmacy, a member of the Green Light Group, on September 19, 2024 in London, England. Leon Neal | Getty Images News | Getty Images This report is from this week's CNBC's UK Exchange newsletter. Each Wednesday, Ian King brings you expert insights on the most important business stories from the U.K. and other key developments you won't want to miss. Like what you see? You can subscribe here. The dispatch Asked to name an industry in which the U.K. Read full story:…
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