Leadership
99 Cents Only Stores announces plans to wind down operations
DISCOUNT retailer 99 Cents Only Stores announced plans to wind down its business operations in a press release on Thursday (Apr 4).The firm has struck an agreement with Hilco...
Cocoa price surge from supply crunch leaving bitter taste for chocolate makers and consumers
COCOA has turned out to be a sweet treat for investors this year, but companies and consumers are reeling from the price surge even as market watchers warn that...
Carrefour-PepsiCo dispute sheds light on key role of retailers’ ad business
CARREFOUR and PepsiCo’s just resolved three-month price dispute has shed light on a new aspect of such negotiations which is changing the relationship between retailers and suppliers.
PepsiCo said on...
India central bank delays exchange-traded derivative rules implementation till May 3
THE Reserve Bank of India on Thursday (Apr 4) delayed the implementation of its consolidated directions for exchange-traded currency derivatives (ETCD) by a month, a move that should ease...
Global markets watchdog proposes closer scrutiny of stock exchanges
GLOBAL securities watchdog Iosco on Thursday (Apr 4) proposed detailed guidance on how regulators should supervise stock exchanges more closely to negate risks from changes in business practices.
Iosco, which...
US dollar edges down after data, yen squeezed, Swiss Franc at multi-month lows
THE US dollar hit a one-week low on Thursday (Apr 4) as economic data supported expectations for quick rate cuts in the United States, while the battered yen was...
A US$290 billion ESG bond market faces EU snub in new proposal
A KEY ESG bond market may not be green enough to merit being included in a European Union review of sustainable flows in the region.The Platform on Sustainable Finance,...
The ‘Land of Opportunity’ is now everywhere