The following is a guest post by James Lancaster, global brand experience lead for Lysol at Reckitt. Opinions are the author’s own. CPG brands are undergoing a massive step change. Gone are the days when a CPG’s engagement with its shopper was confined to on-shelf and TV ads. Brands are […]
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Credit Suisse struggles to move on from spying crisis
Bosses including Thiam were cleared of having any knowledge of the botched spy operation following an internal probe which pinned the blame on Thiam’s key lieutenant, former operating chief Pierre-Olivier Bouée, who quit last year after an internal investigation concluded that he issued the surveillance in order to protect the […]
Trump’s move to stamp out Huawei will hurt US tech
US actions are reshaping the global technology sector into a bifurcated industry – and as the UK did with Huawei gear in 5G networks, countries are being forced to take a side because of the reach of US sanctions and its global influence. Of course, the Trump government is unpredictable […]
Metro Bank needs some big ideas to move on up
Unfortunately Metro’s half-year results were a blizzard of bad news, with seemingly all of the numbers going in the wrong direction. There was the £112m provision for bad loans, pushing it to what one analyst called an “eye-watering” £241m pre-tax loss. Its net interest margin, a key measure of profitability, […]
China’s rich seek ways to move cash abroad before yuan weakens
SHANGHAI — “There is no room for negotiation today,” a black-market currency dealer said when approached on West Nanjing Road, a bustling commercial strip in Shanghai, last week. “It’s going to be 7.2 yuan to the dollar.” The official rate was 7.06 that day, but the man, who was a little past […]
Covid-19 provides Government with an opportunity to move towards a zero carbon Britain
Luke Murphy, head of the Environmental Justice Commission at think tank IPPR, says the “rhetorical commitment is there” but warns the Government needs to “scale up the investment and policy ambition”. “It is that kind of moment where the Government has the opportunity to step back and set the economy […]
Huawei bid to move production to China faces supplier resistance
TAIPEI — Huawei Technologies is struggling to meet a goal to shift a key part of its output into China, with some of its suppliers reluctant to make changes to their own operations amid deepening uncertainty in the global semiconductor industry. The world’s biggest telecom equipment maker has been pushing […]
Uber to move regional headquarters to Hong Kong from Singapore
HONG KONG — Uber Technologies, the U.S. ride-sharing company, said on Tuesday that it will move its Asia-Pacific headquarters to Hong Kong from Singapore despite regulatory and political uncertainties facing the city. The decision comes after Uber earlier this month said that it will close 45 offices and lay off […]
India cuts key rates in surprise move to ease coronavirus shock
NEW DELHI — The Reserve Bank of India on Friday cut its benchmark interest rate 40 basis points to 4%, in a surprise move, as the novel coronavirus pandemic jolts the country’s economy. The central bank moved up its monetary policy committee meeting, which was scheduled for early June, to make […]
Why QSRs must move past competitive sparring in the COVID-19 era
For the past few years, quick service restaurant (QSR) brand marketing has been about snark, disruption, hijacking each other’s campaigns and sparring on social media. Amid significant competition in the category, sales pressure from fast-casual concepts, changing consumer tastes and the explosion of social media, QSRs have regularly resorted to […]