Every major online retailer in the world claims to offer deep discounts during festive seasons to boost sales and revenues. In India as well, customers wait for special sales days so that they can buy products at “highly discounted” prices. But a report by retail technology firm Ace Turtle reveals that Indian e-commerce retailers do ...
The high-end art industry is one of the few businesses in the world where the buyers tend to pride themselves on how much they spent on the product. The more expensive a painting is, the more prestige it brings to the buyer. However, it is also one of the most manipulated markets in the world, ...
Beijing’s aggressive political and business ambitions seem to be negatively affecting its companies as governments across the world express security concerns over the operations of Chinese firms. The United States, Australia, and India have been vocal about their distrust of Chinese telecommunication companies operating freely in their regions. US action against Chinese companies The U.S. ...
Chinese mobile phone manufacturer Huawei has been known to be involved in shady tactics when it comes to marketing its products. After the fake review scandal earlier this year, Huawei has been caught using a DSLR photo as an image taken from their smartphone. The Huawei smartphone photo scandal Huawei had advertised their Nova 3 ...
A big percentage of Americans believe that climate change will end up being disastrous for the world. According to surveys by the Pew Research Center, almost three-fourths of the U.S. population is of the opinion that storms in the country will worsen due to climate change. They also expect plant and animal life to be severely ...
Canada’s most famous coffee chain Tim Hortons has announced plans to expand its operations into China in a bid to boost its revenues. The company plans to open about 1,500 outlets in China over the next 10 years. Tim Hortons entering a new market The plans to open cafés in China is Tim Hortons’ biggest ...
The Chief People Officer (CPO) of Uber, Liane Hornsey, has reportedly retired from the company. And even though Uber did not give any specific reasons why she left, reports suggest that she was accused of racial discrimination. Horney joined the organization in January 2017. Racism by Liane Hornsey and Uber A few employees of color ...
India’s IT sector generated revenues of around US$160 billion in 2017. Roughly US$99 billion came from exports, while US$48 billion was generated from the domestic market. And as India continues to grow at a rapid pace, the IT sector is poised to play a major role in helping the country morph into the massive superpower ...
Germany and China recently signed deals worth 20 billion euros (US$23.6 billion). In addition to multiple joint cooperation projects between governmental agencies, companies like BASF, BMW, Volkswagen, Daimler, Siemens, and Bosch announced Germany-China trade deals and partnerships. Just shortly prior to the deals, President Donald Trump imposed 25 percent tariffs on US$34 billion of Chinese ...
One of China’s biggest corporations, ZTE, is now embroiled in what is essentially the biggest embarrassment for a Chinese business operating in the United States. The telecommunications company has been charged with multiple accounts of fraudulent and unethical business practices in the ZTE scandal. The ZTE scandal ZTE supposedly agreed to U.S. sanctions against Iran ...
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