Business

Business
Musk Warns of Twitter Bankruptcy as More Senior Executives Quit

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Analysis-Europe’s Retailers Brace for Cutback Christmas

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The Importance of Pension Engagement in the Workplace

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How to Make Your CFO Fall in Love With Marketing

Fashion Brands Should Focus Less on Sustainability Ambassadors and More on Real Change to the Global Supply Chain
Date: November 10, 2022
By Dr Alan Hudd, Founder, Alchemie Technology A fast-growing trend in the fashion world is for brands to appoint celebrity sustainability ambassadors in an attempt to address environmental concerns. It’s a serious subject, given that the fashion industry is responsible for up to ten per cent of global greenhouse gas emissions, and 20 percent of...

Firms Should Address Vulnerabilities Ahead of the Digital Operational Resilience Act (dora)
Date: November 9, 2022
By Alexandre Vandeput, ICT Risk Lead, Capco The abundance of virtual data, so integral to the financial services industry, presents some clear dangers to the safety of our money and personal information. At a time when digital vulnerabilities could lead to serious and potentially widespread disruptions to banks’ own systems, regulatory bodies are increasingly focusing...

Scaling a Company in a Post-Pandemic Environment
Date: November 9, 2022
Interview with Kavan Choksi How has the current environment (i.e., inflation, recession, supply chain issues, and lingering COVID restrictions) impacted our economy and businesses? Businesses entered this current environment from a position of balance sheet strength. Revenue growth was strong, and margins were at record highs, owing in part to a period of low interest...

Meta Cuts 11,000 Jobs as It Sinks More Money Into the Metaverse
Date: November 9, 2022
By Aditya Soni and Nivedita Balu (Reuters) – Meta Platforms Inc said on Wednesday it would cut more than 11,000 jobs, or 13% of its workforce, as the Facebook parent doubled down on its risky metaverse bet amid a crumbling advertising market and decades-high inflation. The mass layoffs, one of the biggest this year and...

Europe’s Retailers Strive to Keep Prices Low to Win Struggling Shoppers
Date: November 9, 2022
By Richa Naidu LONDON (Reuters) – Some European retailers this week forecast or reported better full-year sales after working to keep prices low to attract cash-strapped shoppers although others, including Marks & Spencer and Adidas warned on profit. Many consumers have turned to cheaper private-label products, boosting sales for retailers like Dutch grocer Ahold Delhaize...

Nissan Lifts Profit Forecast, but Renault Uncertainty Remains
Date: November 9, 2022
By Satoshi Sugiyama TOKYO (Reuters) -Japan’s Nissan Motor Co lifted its full-year profit forecast on Wednesday, buoyed by higher-margin sales and a weaker yen, and reiterated talks with top shareholder Renault about revamping their alliance were “open and constructive”. Upbeat results – the automaker reported a 45% jump in quarterly profit – came against industry-wide...
